Saturday, May 18, 2024

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...
Chart Study: Ingersoll Rand Has a High Tight Pennant

Technical Analysis: Ingersoll Rand Has a High Tight Pennant

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Industrials have outperformed this year as investors look for the economy to rebound. Ingersoll Rand is a member of that group with some interesting...

Reopening Stocks Surge Back as the Post-Covid Summer Begins

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The reopening trade is surging back as the summer vacation season begins and coronavirus infections plummet. Investors piled into stocks like energy, cruise lines and...
Federal Reserve Expected to Keep Rates Low as Economy Roars Back

The Fed Meets This Week as Business Roars Back from the Coronavirus Pandemic

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The economy is roaring back to life, just in time for the Federal Reserve to keep interest rates low. No major change in policy is...

Options Volume Surges in Big Airlines as Bulls Look for American to Take Off...

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Option traders are piling into American Airlines as travel rebounds from the pandemic, looking for the carrier to hit new 52-week highs this week. Heavy...

Bearish Patterns Appear in this Industrial Giant

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Caterpillar was a top pick among investors for the rebound last year. But now the chart is showing several bearish patterns. First is the string...
Big Shifts Could Be Happening as the Stock Market Keeps Climbing a Wall of Worry

Big Shifts Could Be Happening as the Stock Market Keeps Climbing a Wall of...

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Stocks began August on a strong footing, with some potentially big changes happening in the market. The S&P 500 rose 2.5 percent between Friday, July...

Apple Crushes Estimates But Investors Are More Interested in Two Other Nasdaq Giants

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Apple had an amazing quarter, but investors seem more interested in the advertising growth at Alphabet and Facebook. All three of the Nasdaq giants reported...

Investors Move Back to Cyclicals, Looking for a Hotter Economy Into Yearend

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Another rotation toward value stocks could be underway as investors look for a stronger economy into yearend. Financials, industrials and materials have gained momentum in...

Southwest Has Record Put Volume as Option Traders React to Mass Cancellations

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Southwest Airlines didn't just plummet yesterday after canceling thousands of flights. It also set a record in the options market. More than 81,000 put contracts...
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