Wednesday, April 17, 2024

Suddenly Lots of Stocks Are Hitting New Highs

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More stocks are showing signs of a breakout as the Federal Reserve meets and the S&P 500 jumps above last summer's peak. Forty-three members of the S&P 500 made new 52-week highs on Tuesday, according...

Stocks advance but hit resistance

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So much for a breakout in the S&P 500. The index began last week on a strong foot, only to stall at the top of its range since mid-March. Sellers materialized each afternoon to prevent...

The Other Shoe Never Dropped: 2023 In Review

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The stock market is riding big gains as Wall Street enters the final week of 2023. If there's any way to explain the year, it might be that the "other shoe never dropped." After all,...

Technical Analysis: Will Tesla Shares Drive Higher?

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Tesla more than doubled between January and mid-February. It retraced almost half that move last month and is now trying to bounce. Will the move continue? The first pattern on today’s chart is the 50-day...

Bulls Keep Running as Market’s Fears Melt Away

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Stocks kept rallying last week as one fear after another seemed to evaporate. Government shutdown? Nope. Trade war with China? Probably not if talks continue. Recession? Just when it looked like things were slowing down,...

What Just Happened to Airlines?

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Delta Air Lines (DAL) got a mention on yesterday's Market Action segment, and today it's hitting turbulence. Sure, management announced that it carried a record 15.2 million passengers in September. It also set new high-water marks...

Tech, Housing, Inflation: Stock Market Trends To Watch in the New Year

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The New Year begins with increased confidence that inflation and interest rates have peaked. What will that mean for the market? Here are some potential outcomes based on recent trends. New Growth Stocks May Go...

Monex Crypto Market Weekly: March 20

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This post is a translation of the weekly cryptocurrency analysis by Block Insight, a wholly owned subsidiary of Monex Group (Tokyo, Japan). Monex is the parent of TradeStation Group. Summary Bitcoin (BTC) prices stabilized and rose more than...

Rolling Options: Key Things for Traders to Know

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Editor's note: This post was originally published on Wednesday, December 23, 2020. "Rolling options" is a common transaction for options traders, but there are several ways to do it. This article will explain the...

Stocks Break Losing Streak as Trump and China Keep Talking

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Stocks just broke a four-week losing streak as trade tensions with China eased. The S&P 500 rose 2.8 percent between Friday, August 23, and Friday, August 30. Gains were extremely broad, with more than 90...
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