Thursday, May 2, 2024

This Week’s Market Action: November 26

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Did you miss this week's Market Action webinar with David Russell and Don Pratl? Here's a link to the summary, and the replay is found below. Market Action is fast-paced, all-encompassing breakdown of big trades, sectors,...

Cloud Giant Rips on Blowout Quarter

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A cloud-computing giant was highlighted on Market Action this week. It's posed to open higher today after a blowout quarter. Salesforce.com (CRM) reported earnings of $0.61 a share in the third quarter. With the Street...

Basics of Hedging, Part 3: Buying Vs. Selling Options

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We recently outlined protective puts and covered calls as common hedging techniques. This brings us to the important question of selling options versus buying options. To understand the these two basic kinds of transactions, traders need...

Rail Traffic Continues to Spike

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Railroads closed at a new high as freight traffic climbs to its strongest level in years.

As Expected, Volatility Hits Global Markets

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Just two days ago, Market Insights said that "traders hankering for volatility may want to keep an eye on currencies and crude oil." Both of those events are now playing out. Oil came first, tumbling...

Turkish Turmoil Fuels the Volatility Machine

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Bulls made money, bears made money. Turkey got slaughtered. That's pretty much what happened last week. The S&P 500 began with a steady climb on Monday and continued higher into Tuesday. That's when the bulls...

Small Caps Trying to Break Out

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Almost a month ago, Market Insights spotted a bullish triangle in small cap stocks. Today they're trying to break out. The chart below shows the tightening range on the iShares Russell 2000 ETF (IWM) over the...

High Flying Coffee Stock on Pullback Watch

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I like coffee. I drink a lot... every day. What if you “Want Great Coffee Fast?” That's the mantra implemented at Dunkin’ Brands (DNKN) by its new CEO, coffee warrior David Hoffman. His leadership has...

Options Light Up as Cannabis Craze Sweeps Market

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Marijuana's supposed to calm people down, but that didn't happen in the stock market yesterday. Frenzied with Canada's legalization on October 17, traders streamed in and out of a trio of high-profile weed stocks. The...

Why Stocks Move: Macro Trends

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This post is part of a series about the catalysts for stock movements. It’s based on a series of talks at TradeStation’s Master Class learning sessions.  On Wednesday, we examined the process of investor rotation. That's when...
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