Thursday, October 21, 2021
COVID-19 Losers Become Winners

COVID-19 Losers Become Winners

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The price action in the major U.S. indexes in the last couple of weeks is a perfect illustration of how the stock...
Oil Clings to Key Level as Coronavirus Adds to Bearishness in Energy Sector

Oil Clings to Key Level as Coronavirus Adds to Bearishness in Energy Sector

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Coronavirus has caused a lot of fear in the market, and it comes at an especially bad time for the energy sector.

Suddenly Vultures Circle in the Credit Market

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The Federal Reserve has everyone talking about hawks and doves this week. But another kind of bird may be swooping in: vultures. Recent headlines suggest...

Some of 2018’s IPOs Have Pulled Back As Uber Deal Approaches

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Initial public offerings (IPO) are taking a pause before Uber's (UBER) huge deal next month. That makes it good time to review...

Bulls pivot back to energy: Midweek sector check

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The S&P 500 is bouncing at its 50-day moving average as the market drifts into the dog days of summer. Here's a breakdown of the best-...
Options Trader Looking for Happy New Year With Fast Moving Energy Stock

Options Trader Looking for Happy New Year With Fast Moving Energy Stock

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Someone's looking for Marathon Petroleum to keep running into the New Year. Options volume spiked to triple the monthly...
Crude oil at four-month high as S&P 500 breaks 2800 resistance

S&P 500 Isn’t the Only Chart Hitting New Highs for 2019

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Stock indexes, along with crude oil, just closed at their highest levels of the year. Is it the top, or the start...

Support and Resistance at Play on Some Key Charts

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Support and resistance may be at play on some key charts. In case you don't know, support and resistance are important price levels where buyers...
One Bearish Story After Another Seems to Be Hitting Crude Oil

One Bearish Story After Another Seems to Be Hitting Crude Oil

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Energy may be resuming its downtrend as one bearish story after another piles up. Crude oil futures (@CL) are...

Oil Back Over $60 as Bearish Story Fades

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Oil crashed less than two months ago as bearish factors piled up. Now the process seems to be going into reverse.
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