Friday, May 17, 2024

Market Action Summary: 11/5/18

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Click here to register for the webinar, which begins at 4:30 p.m. ET. S&P Overview: Upside Bias as Volatility Abates 10DMA poised for turn-up after 23-session slide. 8-day EMA rising for first time since October began. ...

Just How Bad Is the Mess Overseas?

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Just how bad is the mess overseas? Pretty bad and likely getting worse. Global stocks are lagging domestic small caps by their worst ratio since late-2008. Just look at the TradeStation chart below comparing the iShares...

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...

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...

Horseshoes and Hand Grenades: Levels on the S&P 500

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Ever heard the saying that "close only counts in horseshoes and hand grenades?" It means coming close to a goal isn't good enough for most projects. But it can be good enough when it come...

Bullish Narrative Potentially Returns to Oil

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Just as quickly as they appeared, oil bears are on the run. Crude oil futures (@CL) closed at their highest level yesterday since July 10, bolstered by a series of positive headlines: Weekly inventories fell...

Apple Rockets Up the Rankings: August at TradeStation

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August brought upsets to TradeStation's rankings as clients shifted attention to big technology companies. Major exchange-traded funds lost interest. Apple (AAPL), which didn't even make the Top 10 in June or July, was the busiest...

Guess Who’s Shopping in the Retail Space

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Bears are shopping for downside in the retail space after a rough start to the month. A block of 40,000 December 47 puts was purchased this morning in SPDR S&P Retail ETF (XRT) for $1.08....

Will Jerome Powell Break the Cold Spell?

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Forecasts pointed to a cold Thanksgiving, but that's not the only thing cooling off. Several economic reports this week have shown a quick deterioration of conditions in the U.S. That will raise the stakes for...

Matrix Lets You Trade the Market at a Glance

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TradeStation's arsenal of trading and analysis tools gives you advantages once enjoyed only by professional traders. One of our most popular features is the Matrix. It lets you see market activity at a glance and...
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