Market Insights
Opportunity knocks for those with trading in their DNA.
Curiosity creates opportunity. Insights create strategy. Born traders create their destiny.
Chart of the Day: Regional Bank May Be Climbing
U.S. Bancorp hit a four-year high last week, and some traders may see further upside in the Upper Midwest lender.
Options Alert: Call Volume Surges in Wells Fargo
Wells Fargo is flirting with new highs, and options traders are getting active. Heavy volume was detected yesterday in the bank's September 97.50 calls. The initial blocks priced for $1.44, followed by larger blocks at $1.65. Volume of 27,990 contracts was more than...
Monster Beverage: Breakout and Pullback
Monster Beverage broke out to a new all-time high in May, and now it’s pulled back. The first pattern on today’s chart is the March 2024 high of $61.23. The maker of energy drinks hesitated at that level in early May but pulled back to hold it last week. Has old...
From Terror to Bliss: A 6-Month Rollercoaster Ends
Stocks have ended a dramatic and emotional first half of the year, with emotions ranging from terror to bliss.
Bearish Option Strategy: Long Puts
Traders buy a single put option on a stock or ETF. This strategy can benefit from a price drop while risking more capital than a spread. Learn more
Bearish Option Strategy: Put Spread
Traders buy a put option near the money and sell another at a lower strike. This strategy can leverage a price drop with limited capital at risk. Learn more
Bullish Option Strategy: Call Spread
Traders buy a call option near the money and sell another at a higher strike. This strategy can leverage a price increase with limited capital at risk. Learn more
Technology & Communication
Chart of the Day: Apple May Be Accelerating
Apple spent November quietly consolidating, and it may be accelerating in December.
AI Boom Fades as Fundamentals Weaken: Earnings Recap
Most of the big earnings reports have now occurred, and so far they've done little to boost the market. Companies like Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), Caterpillar (CAT) and Intel (INTC) reported profits above Wall Street estimates. However...
Nasdaq Surges as Traders Buy the Dip Before Fed Meeting
Stocks are rebounding as key earnings beat estimates and investors get comfortable with fewer rate cuts. The S&P 500 rose 2.7 percent between Friday, April 19, and Friday, April 26. The Nasdaq-100 jumped 4 percent. Those were the biggest weekly gains for both...
Chart of the Day: Does ARK Innovation Have Downside Risk?
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 lows. The first pattern on today’s chart is the rounded top in February and March. It was slightly below the peak of ... For more,...
Chip Selloff Hammers Growth Stocks. Is the AI Boom Over?
Chip stocks like Nvidia led the market to new highs last earnings season. The opposite could be happening this time. The Philadelphia Semiconductor Index fell 9.2 percent between Friday, April 12, and Friday, April 19. It was the index's biggest weekly drop in almost...