Saturday, May 18, 2024
Santa Came to Town For Bulls in the Stock Market Last Week

Santa Came to Town For Bulls in the Stock Market Last Week

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Stocks are trying to end the year in rally mode as fears of a recession morph into fear of missing out. The S&P 500 rose 0.6 percent in the Christmas-shortened period between Friday, December...

Key Lessons From TradeStation’s Latest Options Training Session

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Last weekend, TradeStation's education team hosted a knowledge-packed training event on options. It was a great opportunity for someone like me, a perennial stock trader, to learn more about calls and puts. In case you...

Marijuana Momentum, Airlines Ascending: Groups in Focus

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Two different groups have been "flying under the radar" and "hitting new highs" in recent weeks. Let's check them out. First: Flying under the radar. Yep, some of the airlines have been climbing. This group...
Options in These Two Tech Stocks Are Suddenly on Fire

Options in These Two Tech Stocks Are Suddenly on Fire

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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...

Check Out This Key Level Morgan Stanley Is Holding: Technical Analysis

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Financials are the second-best performing sector in 2021. Now one of the biggest names has pulled back to hold some key levels: Morgan Stanley (MS). MS dipped on the Archegos implosion last week, but reportedly...

This Food Stock Broke Out to New Highs. Now It’s Pulled Back

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General Mills has been a slow mover for years, but the Cheerios maker has gotten more interesting lately. The main pattern on today’s chart is the June 29 rally above $73. That was not only...

Attention Amazon Traders! Check Out This Chart

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Amazon.com has declined along with the broader Nasdaq-100. But other consumer-facing companies have fared much better. The chart below compares AMZN with competing retailers. It uses percentage-change charts with a six-month interval. Notice how the...

Stocks Have Biggest Drop in Two Years as Rates Rise

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Stocks just took their deepest dive in two years as higher interest rates caused investors to take profits. The S&P 500 cratered 3.85 percent between Friday, January 26, and Friday, February 2 -- its biggest...

Bulls May Be Coming Back to Energy as Global Economy Reopens

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Energy stocks jumped yesterday as inventories tightened and traders looked for demand to increase. The SPDR Energy ETF (XLE) rose 2.8 percent, its biggest one-day gain in six weeks. Crude oil futures also leaped almost...

Small Cap Index Is Holding a Potentially Key Level: Chart Study

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The Russell 2000 ETF (IWM) had a strong move coming out of the vaccine news in November. It’s been consolidating for the last two months and now may be ready to continue higher. The main...
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