Wednesday, May 15, 2024

How Transports Are Moving in Very Different Directions

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How schizophrenic is the transportation sector? Look no further than yesterday's headlines. On one hand, analysts at JPMorgan raised price targets on major railroads like CSX (CSX), Union Pacific (UNP) and Norfolk Southern (NSC). All...

Guess Who Out-traded Apple and Facebook Yesterday: Options Recap

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Normally big tech companies dominate activity in the options market. But not yesterday. The busiest underliers, after all, are usually companies like Apple (AAPL), Facebook (FB), Micron Technology (MU) and Nvidia (NVDA). But on Wednesday...

Here Come Earnings

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It's hard to deny sentiment is building for a strong earnings season. Depending on who you ask, profits are projected to rise more than 20 percent. While the estimates vary, direction is positive because all the...

Are Stocks Headed for a Breakout?

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We've written a lot about the S&P 500 holding a bullish trend line. Now another potentially key level could be at play for the index. A resistance level around 2800 has been in play since...

So Much for a Trade War Killing Stocks

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The economy is strong, earnings are near and a trade war might be priced in. That kept stocks rising last week. The S&P 500 climbed 1.5 percent in the holiday-abbreviated week between June 29 and...

Basics of Hedging, Part 2: Covered Calls

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Most investors know that volatility can inflict pain on even the best holdings. So today we're continuing a series of posts on using options to hedge. Last time we considered buying puts for protection. Today...

Some Interesting Chart Patterns as Q3 Gets Started

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Stocks began July on a positive note yesterday, led by technology. Several big names are also showing some patterns that could be interesting -- especially if investors are seeking opportunities at the start of a...

Basics of hedging, part 1: Puts

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Market volatility is one the biggest headaches for investors. You can make very good choices on stocks or exchange-traded funds (ETFs), researching the fundamentals and knowing their opportunities. But then a tornado of movement...

Traders, keep an eye on oil

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Oil is in the news today with crude futures at a potentially key level. The main item came this morning from the U.S. State Department, which took a hard line against Iran. Washington is reportedly...

A look behind Monday’s wild ride

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"Lows are never made on Friday." That old trader's rule of thumb seems truer than ever now. The basic idea is that when a week ends on a bearish note, some investors will capitulate over...
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