Saturday, May 18, 2024

Buyers Rotate into These Sectors as Tech Stalls

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Last week was rough for technology. But now investors are looking for gains in some new areas. The SPDR Industrial ETF (XLI) and SPDR Health Care ETF (XLV) are the two best performing sector funds...

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 million passengers in September. It also set new high-water marks...
Options Trader Looking for Volatility Spike in Key Airline

Options Trader Looking for Volatility Spike in Key Airline

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Someone thinks activity is going to get more interesting in the world's biggest airline. Options activity spiked in American Airlines (AAL) yesterday, with one transaction accounting for more than half the volume. Here's what happened...

Energy Is Crushing the Market in 2021. Here Are the Top Stocks for Options...

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Energy stocks are having their best run in years as global economies reopen from the coronavirus pandemic. The SPDR Energy ETF (XLE) is in the midst of its fourth straight positive month, its longest winning...

Oil’s Fundamentals Could Be Weakening After a Big Surge

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Energy stocks and crude oil were among the market's best performers in the third quarter, but fundamentals may be weakening. The sector started climbing in late June as Energy Department data showed crude-oil inventories remaining...
Glass Seems Half Full in Big Tech: Earnings this Week

Glass Seems Half Full in Big Tech: Earnings this Week

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Investors stayed bullish on big technology stocks in the last week, even when their results missed estimates. Cisco Systems (CSCO), Take-Two Interactive Software (TTWO) and Booking (BKNG), and JD.com (JD) all rallied after reporting quarterly...
Retailers Crash as Unsold Merchandise Piles Up: Earnings This Week

Retailers Crash as Unsold Merchandise Piles Up: Earnings This Week

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Retail earnings are off to a bearish start as unsold merchandise piles up and shopping centers go quiet. Macy's (M) started things on a bearish foot yesterday. Not only did profit, revenue and guidance miss...

Stocks Bounce as Traders Await iPhones and Other Catalysts this Month

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Stocks just broke a four-week losing streak. Now's the last lull before a surge of activity in the market. The S&P 500 rose 1.5 percent between Friday, September 25, and Friday, October 2. More than...

Tesla’s Stock Is Holding Support as Relative Strength Turns Positive

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After months of weakness, Tesla may be charged for another move to the upside. Some interesting patterns have recently appeared on the electric-car maker's chart. First is the false breakdown below $550 on May 19. This...

Technical Analysis: Is It Showtime for AMC Entertainment?

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AMC Entertainment had a dramatic short squeeze in May and June. Now it may be ready to move again following months of consolidation. The price level around $35 is the first noteworthy pattern on the...
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