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Bullish and Bearish: Key Points About Vertical Option Spreads
by David Russell | May 8, 2024
Vertical spreads are one of the most common strategies in the options market because they can generate leverage with limited risk. This article will consider key points about bullish and bearish spreads. Vertical spreads involve two "legs" on the same underlier to...
Technology and the Nasdaq Turn Negative for the Year as Reopening Triggers Broad Rotation in the Stock Market
by David Russell | Mar 4, 2021
The Nasdaq-100 just sank into negative territory for the year as investors dump the same technology stocks that boomed during the pandemic. The index is now 1.6 percent below its closing price on December 31. That dragged on two important exchange-traded funds (ETFs)...
Technical Analysis: Ingersoll Rand Has a High Tight Pennant
by David Russell | Mar 4, 2021
Industrials have outperformed this year as investors look for the economy to rebound. Ingersoll Rand is a member of that group with some interesting chart patterns. First, notice how IR surged to a new all-time high last week. It’s now pulled back to hold its earlier...
Chart Study: Can Nvidia Climb a Wall of Worry?
by David Russell | Mar 2, 2021
Nvidia has gone nowhere since the summer, but now the chart may be lining up for another push to the upside. The first pattern is the series of higher lows beginning in early January, plus a new all-time high in February. Next, the most recent low of around $528 is...
Markets Panicked About Higher Rates. These Charts Suggest the Move Could Be Done for Now
by David Russell | Mar 2, 2021
Last month's jump in interest rates triggered fears in the stock market, but some charts indicate the process may have run its course for now. The moves occurred across bonds, oil prices and copper. Each of those may have reached levels where they're due for a pause....
Are Stocks Overvalued? This Video Makes Sense of Market Fundamentals
by David Russell | Mar 1, 2021
https://www.youtube.com/watch?v=dXOhHk_EtK0 Interest rates have jumped as the economy rebounds from the coronavirus pandemic. Old market leaders in the technology space have fallen behind as investors flock to new kinds of stocks like energy and financials. This...
February Ends on a Bearish Note as Inflation Fears Mount. Twitter and Snap Jumped
by David Russell | Feb 26, 2021
February started strong but ended on a bearish note as investors worried about rising inflation. The S&P 500 went almost straight up in the first half of the month. It stalled immediately after President's day and trended lower for the second half of the month....
Top Stocks for Options Trading
Technology & Communication
This Disruptor Is Moving Beyond Mobile After Helping Create Smart Phones: Do You Know December’s Mystery Stock?
by David Russell | Dec 7, 2021
Even before coronavirus drove triggered heavy demand for electronic devices, chipmakers were booming. This month's mystery stock has been a key player in the semiconductor industry for over a generation. Like many technology firms, its history began during the Cold...
Forgotten Stocks Rip Higher: Earnings This Week
by David Russell | Feb 14, 2019
Several forgotten companies have rallied in the last week as investors continue to pore over quarterly results. Covergirl maker Coty (COTY) is up more than 50 percent in the last week after earnings and revenue beat estimates. That suggested the heavily shorted...
This Corner of Tech Has Gotten Hammered
by David Russell | Feb 6, 2019
Many high profile technology stocks have rebounded this earnings season. Video-game makers aren't so lucky. Check out the three worst performing members of the S&P 500 and Nasdaq-100 today. No company is even close to these drops in either index: Electronic Arts...
Harpoon Going Public as Market Waits for Uber IPO
by David Russell | Feb 5, 2019
Initial public offerings have faced a double-whammy of challenges, but now experts expect a pickup. First, the stock market ended 2019 with its worst quarterly drop in over seven years. Volatility like that is a challenge for any company going public, but it was...
Big Tech Strikes Back: Earnings This Week
by David Russell | Jan 31, 2019
Big tech results weren't so bad after all: That's the main takeaway from the busiest week of earnings season. Facebook (FB), Apple (AAPL), Advanced Micro Devices (AMD) and Alibaba (BABA) rallied 7 to 16 percent after reporting. Not all beat estimates, but each...