Wednesday, May 15, 2024

Chart of the Day: CrowdStrike Pulls Back

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CrowdStrike has been making new 52-week highs as the broader market languishes. Now after a quick pullback, some traders may look for the cybersecurity...

Chart of the Day: Can Intel Keep Running?

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Intel has been rallying on hopes of a turnaround, and some chart watchers may see potential for more upside. The first pattern on today’s chart...

Chart of the Day: Does ARK Innovation Have Downside Risk?

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The ARK Innovation ETF has chopped in a range for the last two years, and some traders may expect a push back to longer-term...

What’s cooking in copper?

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Just two days ago, a large bullish call roll appeared in copper giant Freeport McMoRan (FCX). The red metal's gone straight up since the...

Where options traders are mining for a rally

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Someone wants to turn iron into gold with options. Here's the large bullish trade detected yesterday in Cleveland-Cliffs (CLF): 25,000 August 8 calls bought for...

Fear sweeps energy market before OPEC meeting

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The Russians are coming, the Russians are coming... coming back to the energy market that is. Crude oil futures (@CL) fell almost 3 percent today,...

Just How Bad Is the Mess Overseas?

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Just how bad is the mess overseas? Pretty bad and likely getting worse. Global stocks are lagging domestic small caps by their worst ratio since...

How stocks may be signaling slower growth

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Even before today's market tumble, stocks seemed to be dismissing good economic news. Most of the U.S. numbers, after all, have impressed recently. Measures of...

Monex Crypto Market Weekly: April 3

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This post is a translation of the weekly cryptocurrency analysis by Block Insight, a wholly owned subsidiary of Monex Group (Tokyo, Japan). Monex is the parent...

American Tower: Old Resistance, New Support at Key Line?

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American Tower is the largest owner of wireless towers, and the largest member of the real-estate sector. It’s been in a long-term uptrend thanks to...
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