Friday, April 19, 2024

Call Buyers Target Square as Jack Dorsey Talks Crypto with Elon Musk

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Yesterday was big for cryptocurrencies as Elon Musk and Jack Dorsey spoke publicly about Bitcoin. The event also triggered a wave of bullish options activity in Dorsey's payments company, Square. Most of the volume focused...

Like Cryptocurrencies? Check out the Price Action in this Bitcoin Mining Stock

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Bitcoin miner Riot Blockchain has been skidding lower since February, but now it could be ready to move again. The main feature on its chart is its jump above the 50-day moving average on July...

This Footwear Company Is Growing Like Never Before. Can You Guess August’s Mystery Stock?

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Many companies spend a fortune trying to achieve brand identity and customer loyalty. But that was never a problem for this month's mystery stock. Its story began early this century in Boulder, Colorado, where three...

E-Commerce Giant Struggles After Bearish Price Gap: Chart of the Day

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Amazon.com rallied into its last earnings report, and crashed on a very weak outlook. Now traders may need to mind the price gap that resulted. So far, AMZN hasn't even tried to fill that chasm,...

Stocks Inch to New Records But New Coronavirus Fears Threaten the Recovery

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Stocks inched to new highs last week, but a resurgence of coronavirus threatens to overshadow all kinds of good news. "Consumers reported a stunning loss of confidence in the first half of August" because of...

Chart of the Day: Citi Is Finding Support at This Key Line

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Financial stocks have bounced in the last two weeks, and Citi is one of the biggest members of the group. A few patterns stand out on the banking giant’s chart. First is its breakout above...

Chart of the Day: Ethereum Is Holding $3,000

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Sometimes there's a lot to be said about nice round numbers. This might be one of those times with Ethereum holding $3,000. The level has gained importance this month. ETHUSD bounced around $3,000 on August...

IPOs, iPhones and Fed Tapering: Stocks Enter the Home Stretch for 2021

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The U.S. economy took a hit last month, but investors may find new opportunities as they come back from the summer. A wave of initial public offerings (IPOs), changes in Federal Reserve policy and technology...

This Tech-Savvy Restaurant Chain Took Off During the Pandemic. Can You Guess September’s Mystery...

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The coronavirus pandemic transformed the nature of in-person businesses like retail and restaurants. This month's mystery stock was ready for the change, and has thrived amid the crisis. It started 28 years ago when a...

Options Alert: Traders Brave Selloff in Casino Stock, Look for Oversold Bounce

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Political and Covid-19 worries have crushed a major casino key gambling stock, but some options traders are looking for a bounce. Wynn Resorts (WYNN) is having its worst week in over a year, down 15...
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