Wednesday, May 1, 2024
Stocks Crashed Yesterday. How Serious Is It?

Stocks Fell Yesterday. How Serious Is It?

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Stocks just had their sharpest drop in a couple of months. What should we make of it? The first thing that jumps out on the chart is that the S&P 500 remained in breakout territory...
Another New High for Stocks as the 'Growth' Trade Makes a Comeback

Another New High for Stocks as ‘Growth’ Trade Makes a Comeback

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Investors are returning to their old favorites, growth stocks, as the market continues its breakout to new highs. The S&P 500 rose 1 percent in the Thanksgiving-shortened period between Friday, November 22, and Friday, November...
Call Buyers Target a Pair of Obscure Technology Stocks After Quarterly Results

Call Buyers Target a Pair of Obscure Technology Stocks After Quarterly Results

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Options traders seem to think two obscure technology stocks are poised for rallies. They first targeted Pinduoduo (PDD), amassing about 15,000 December 39 calls in the Chinese e-commerce firm. Most of the blocks crossed the...
Stocks Hold Post-Breakout Support Level as China Anxieties Fade

Stocks Hold Post-Breakout Support Level as China Anxieties Fade

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Stocks held their ground last week as investors shrugged off concerns about a trade war with China. The S&P 500 slipped 0.3 percent between Friday, November 15, and Friday, November 22. It the first negative...
Oil Heads for Third Weekly Gain as OPEC Prepares to Extend Production Cuts

Oil Heads for Third Weekly Gain as OPEC Prepares to Extend Production Cuts

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Energy has gone nowhere for months, but now some positive forces may be lining up. Reuters reported yesterday that OPEC will probably extend its oil-production cuts from March 2020 until June. The change could be...
Stocks Keep Climbing as One-Time Bears Chase the Breakout

Stocks Keep Climbing as One-Time Bears Chase the Breakout

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Stocks continued their breakout to new highs as money streams back into the market. The S&P 500 rose 0.9 percent between Friday, November 8, and Friday, November 15. The index is up for sixth straight...

Monex Crypto Market Weekly: November 15

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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) has fallen steadily in the last...
FANG Gets Disrupted as the Dow Strikes Back

FANG Gets Disrupted as the Dow Strikes Back

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Two major "FANG" stocks are getting disrupted as members of the Dow Jones Industrial Average take business back into their own hands. First, Nike (NKE) announced it will stop selling merchandise on Amazon.com (AMZN). Second,...
Are You Ready? November 2019 Is a Huge Month for Streaming Media

Are You Ready? November 2019 Is a Huge Month for Streaming Media

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A whole new world of digital media is starting this month, thanks to some of the biggest companies in the world. Two new online video services with the potential to reach hundreds of millions --...

Monex Crypto Market Weekly: November 8

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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) was stable most of...
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