Tuesday, May 21, 2024

Bulls Want a Gusher from South American Oil Giant

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Brazil's ripping this week, and today's biggest options trade is following the trend. Check out the bullish call spread this morning in oil giant Petrobras (PBR),...

Energy Bulls Target Obscure Canadian Firm: Options Recap

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Energy stocks are rallying this week, and one big investor is targeting an obscure Canadian producer. Roughly 83,000 March 9 calls were bought this morning...

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 of another...

Massive Activity Across the Energy Space Following Drone Attacks

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Trading volumes surged across the energy space yesterday after a drone attack clobbered the heart of Saudi Arabia's oil industry. Crude oil futures (@CL) traded...
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...
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. Crude oil already...

Can the S&P 500 Hold This Key Level as July Begins?

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Stocks fell again last week as the coronavirus pandemic made a comeback. The S&P 500 slid 2.9 percent between Friday, June 19, and Friday, June...
FANG Stocks Fading as Vaccine Optimism Draws Investors to Small Caps

The End of FANG? Most Stocks Break Out But the Nasdaq Is Going Nowhere

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Stocks hit new highs last week on hopes of a coronavirus vaccine, but major technology companies like Apple and Tesla went nowhere. Consider these points...

Facebook Crashes as Energy Soars: This Chart Shows the Massive Rotation Happening in the...

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Stocks have barely moved this week. You almost wouldn't guess how much drama is swirling beneath the surface. Major stocks like Facebook (FB), Amazon.com (AMZN)...

Markets Panicked About Higher Rates. These Charts Suggest the Move Could Be Done for...

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Last month's jump in interest rates triggered fears in the stock market, but some charts indicate the process may have run its course for...
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