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Options in These Two Tech Stocks Are Suddenly on Fire

Options in These Two Tech Stocks Are Suddenly on Fire

A pair of technology companies are suddenly on fire in the U.S. options market. International Business Machines (IBM) and Slack Technologies (WORK) and have both set records in the options market over the last few sessions. The surging activity is yet another example...

Nasdaq Leads a Rebound as Strong Data Keeps Sentiment Bullish

Nasdaq Leads a Rebound as Strong Data Keeps Sentiment Bullish

Stocks rebounded sharply last week as strong economic news gave investors a reason to stay bullish. The S&P 500 rose 3.2 percent between Friday, January 31, and Friday, February 7. It was the biggest weekly gain since early June. Technology stocks and members of...

Tesla Dominates Activity by Huge Margin: January at TradeStation

Tesla Dominates Activity by Huge Margin: January at TradeStation

Tesla dominated activity on TradeStation's platform this month, and no other stock even came close. Elon Musk's electric car maker had a dramatic turn from bearish to bullish in late 2019, causing its shares to more than double in value. Traders remained active in...

Stocks Have Best Week Since August as Bullish Sentiment Widens

Stocks Have Best Week Since August as Bullish Sentiment Widens

Stocks just had their biggest weekly gain since August as fears melted away and earnings season began. The S&P 500 rose 2 percent between Friday, January 10, and Friday, January 17. The index has risen in 13 of the last 15 weeks, and made new record highs in 10 of...

Big Banks Announce Strong Results as Earnings Season Begins

Big Banks Announce Strong Results as Earnings Season Begins

Earnings season is off to another strong start, thanks to big banks and financials. JPMorgan Chase (JPM), Bank of America (BAC), Citigroup (C) and Morgan Stanley (MS) all reported strong quarters. A combination of banking, trading and investment management drove the...

From Bear to Bull in a Few Months: Charting Tesla’s Stunning U-Turn

From Bear to Bull in a Few Months: Charting Tesla’s Stunning U-Turn

Never argue with price action. Look no further than Tesla for an example of why traders love technical analysis. If you haven't noticed, Elon Musk's electric-car disrupter made a dramatic U-turn last year. It's more than doubled since the summer, punishing short...

Stocks Begin the New Decade With Technology Still Leading the Rally

Stocks Begin the New Decade With Technology Still Leading the Rally

Stocks began the new decade on a strong note as investors stuck with technology despite saber-rattling in the Middle East. The S&P 500 rose 0.9 percent between Friday, January 3, and Friday, January 10. It was the first full week of 2020 and the 12th positive week...