Monday, April 29, 2024

Chart of the Day: Will Alcoa Continue Lower?

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Alcoa rallied early last year after the Ukraine war threatened aluminum supplies. It’s struggled since and now some traders may expect further pushes to...

Chinese Stocks Are Crashing. Here’s Why It Could Be Good Luck for U.S. Investors

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Most investors know that big Nasdaq stocks have struggled lately. They may be less aware of the carnage in Chinese markets. The iShares China Large-Cap...

Gas, Gold and the S&P: Strategist Review

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Stocks are in the midst of a terrible month but some other areas are rallying. In this post, we'll take a deeper look, and...

Bears Are Digging for Downside in This Space

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Bears are digging for downside in gold miners, one of the worst-performing major industry groups this year. More than 23,000 December 11 puts were bought yesterday...

The Dollar Is Dropping Sharply, Lifting Global Stocks and Commodity Plays

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All of a sudden, weak-dollar trades are working. At least 26 foreign-country exchange-traded funds are outperforming the S&P 500 and Nasdaq-100 so far this year,...

Check Out This Bullish Options Activity in Giant Semiconductor and Mining Stocks

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The two largest companies in their industries had bullish options activity today: Intel and Vale. Intel (INTC), the world's biggest semiconductor maker, saw heavy call...

There Are Signs of Fear Leaving the Market

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Stocks are bouncing today after Washington and Beijing exchanged tariffs. Beyond those headlines, various signs have suggested fear is leaving the market. First, look at...
Trader Fears Reversal In Key Gold Miner: Options Recap

Trader Fears Reversal In Key Gold Miner: Options Recap

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Have gold miners gone from safe havens to risky stocks? One options trader seems to think so. Put volume is surging to a 4-1/2...

Silver Attempts a Pre-Fed Breakout: Technical Analysis

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Silver has been dead money since the summer as the U.S. dollar ripped higher. But now it’s attempting a breakout -- despite next week’s...

Global Assets Strengthen as Anxieties Fade and U.S. Dollar Weakens

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Global assets have advanced into year end as events and data turn more positive. Emerging markets, metals and energy have all outperformed the S&P 500...
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