Thursday, April 25, 2024

Chart of the Day: Exxon Mobil Has Pulled Back

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Exxon Mobil has steadily advanced for more than a year, and its current pullback may interest trend followers. The first pattern on today’s chart is $104.76, XOM’s previous all-time high from 2014. Notice how this...

Massive Leveraged Trade in Media Space: Options Activity

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Disclosure: This post is intended for educational purposes only and should not be considered a recommendation. Options trading may not be suitable for all investors. A massive, high-risk options trade is looking for upside in...

Consumer Stocks Drift Higher Before Events

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Consumer stocks on the rise, just in time for a series of important news events. Of all the major sector-tracking SPDR ETFs, consumer discretionary (XLY) is closest to its 52-week high. (See RadarScreen® below.) That...

Calls Spike as Small Cap Goes Mobile: Options Recap

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Last month, Market Insights highlighted a surging maker of smart-phone games. Yesterday, options traders lit up the name. Here's a breakdown of the large transactions detected in Glu Mobile (GLUU): A block of 5,500 September...
Tesla or General Motors? Check Out This Stunning Chart

Tesla or General Motors? Check Out This Stunning Chart

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General Motors (GM) exploded higher last week after highlighting electric vehicles and the concept for a flying car. This chart compares the price action of GM with Tesla (TSLA). It uses weekly candles and...

Earnings Season Begins on a Strong Note, Thanks to Snap and Chipotle

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Earnings season is off to a bullish start as companies like Snap, Chipotle Mexican Grill and Coca-Cola blitz past estimates. That variety of companies -- social media, casual dining and hospitals -- highlights the breadth...

Investors Shift to Safe Havens, Shunning Riskier Stocks as the Fed Taper Approaches

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The S&P 500 fell yesterday, but a new kind of stock seems to be breaking out. Consumer staples, real estate investment trusts and utilities hit new 52-week highs on Monday, based on analysis of the...

The Stock Market Has Changed Dramatically This Year. Here Are 3 New Trends

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The stock market hasn't just pulled back in 2022. It's also showing new trends as investors react to very different environment from recent years. This article will highlight the new conditions and what they...

Technical Analysis: Pullback in Yum Brands

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Yum Brands had a strong rally in late 2022. Now after a pause, the restaurant company may interest pullback buyers. The first pattern on today's chart is $125.70, a daily closing high from last April....

Chart of the Day: Carnival Pushes a Key Level

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Carnival has been stuck in the doldrums since last summer, but now some traders may think it’s ready to cruise higher. The first pattern on today’s chart is Friday’s last price of $12.18. While the...
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