Market Insights
Opportunity knocks for those with trading in their DNA.
Curiosity creates opportunity. Insights create strategy. Born traders create their destiny.
July Starts with a Bang as Tech Breaks Out
Stocks are beginning the second half with a bang, led by the key technology sector.
Chart of the Day: More Upside in Advanced Micro Devices?
Advanced Micro Devices rallied hard on strong results in late July. Now almost two months later, the chip stock may be ready for another move. Notice the slow and lazy pullback since early August, which resolved with a quick test under $100 on Monday. AMD came within...
Will the Fed Taper? It May All Come Down to Jobs
The Federal Reserve could take a key step toward a pre-Covid reality at their meeting today. However, implementing the change will probably depend on the job market in coming months. The central bank has been purchasing $80 billion of Treasury bonds and $40 billion of...
Cybersecurity, Business Apps, Medical Software: Recent IPOs Are Pulling Back With the Market
Initial public offerings (IPOs) have been active lately as new technology companies come to market. Several names are pulling back along with the S&P 500 yesterday, which may create opportunities for investors. Many of these companies are in fast-growing corners...
Stocks Slide as Negativity Thickens Before the Fed’s Dreaded Taper Announcement
Stocks fell again last week as investors worry about the Federal Reserve removing stimulus from the economy. The S&P 500 slid 0.6 percent between Friday, September 10, and Friday, September 17. It's the first two-week losing streak since May, although the index...
Art of TradeStation: Candlesticks and Advanced Alerting
https://www.youtube.com/watch?v=2kxIcJQD2Zk Candlesticks like hammers, dojis and shooting starts are popular among stock market traders because they can help anticipate changes in direction. TradeStation's platform can detect a wide range of candlestick patterns using...
Bearish Patterns Appear in this Industrial Giant
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 of lower highs over the last five weeks. CAT held support around $200 during that time, resulting in a potential descending...
Technology & Communication
Call Volume Spikes in Nikola Before Shareholder Vote
After a big slide, one big options trader is looking for a rebound in Nikola. Large blocks of calls changed hands yesterday in the electric-truck developer. A block of 40,000 July 5.50 calls were bought for $0.22. The investor sold a matching number of July 6.50 calls...
Get Ready for the Dog Days of Summer
The S&P 500 inched higher last week as tech and transports bounced. Still it was the tightest range of the year.
FANG Fave in Triangle Breakout?
Netflix, one of the most active names on TradeStation, is pushing above its previous all-time high in March.
In Case You Missed All the IPOs
Technology has dominated IPOs recently, but some energy names and a yoga-themed hotelier have also surged of late.
Don’s Notebook May 1, 2018
The Institute for Supply Management (ISM report) came in lower than Street consensus at 57.3 (vs. estimates of 57.5-60.) This survey asks purchasing managers about the general direction of production, new orders, order backlogs, their own inventories, customer...