Market Insights
Opportunity knocks for those with trading in their DNA.
Curiosity creates opportunity. Insights create strategy. Born traders create their destiny.
Stocks
Options
Futures

Stocks Finish October in the Red as Big Tech Breaks Lower
by David Russell | Nov 1, 2024
Stocks just declined for the first time in six months, thanks to weak guidance from Microsoft and Meta Platforms. The S&P 500 spent most of October above the level where it ended September. However it plunged in the final session, giving the index a 0.7 percent...
Potential Reversal Patterns After Fed’s Hawkish Pause: Market Trends This Week
by David Russell | Jun 15, 2023
Downloads are available here. MACD cross days available here. Register for Market Trends here. Sizing Up the S&P 500 Bearish outside day and doji candlestick Potentially overbought, according to Keltner Pullback custom indicator S&P 500 rose for 5...
Suddenly Lots of Stocks Are Hitting New Highs
by David Russell | Jun 14, 2023
More stocks are showing signs of a breakout as the Federal Reserve meets and the S&P 500 jumps above last summer's peak. Forty-three members of the S&P 500 made new 52-week highs on Tuesday, according to TradeStation data. It was the highest total since April...
Technical Analysis: Don’t Forget About Alphabet
by David Russell | Jun 13, 2023
Alphabet has been on the sidelines since a big rally in May. Is it time for traders to think about more upside? The first pattern on today’s chart is last August’s peak around $122.43. GOOGL chopped on either side of the level for three weeks but has mostly stayed...
Stocks Approach August Highs Amid Talk of a New Bull Market
by David Russell | Jun 12, 2023
Talk of a new bull market is buzzing on Wall Street with the Federal Reserve expected to stop raising interest rates. The S&P 500 rose 0.4 percent between Friday, June 2, and Friday, June 9. It was the fourth straight positive week, the index's longest winning...
Buyers Rotate to Cyclicals as Tech Cools Before Fed: Market Trends This Week
by David Russell | Jun 8, 2023
Downloads are available here. MACD cross days available here. Register for Market Trends here. Sizing Up the S&P 500 VIX nears February 2020 low Advance/Decline Line rises as breadth catches up S&P 500 potentially overbought above Keltner Channel CME...
Chart of the Day: Carnival Pushes a Key Level
by David Russell | Jun 5, 2023
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 level was slightly below February’s peak, it was the highest weekly...
Top Stocks for Options Trading
Technology & Communication

Chart of the Day: Alphabet Pulls Back After Earnings Rally
by David Russell | Aug 4, 2023
Alphabet jumped to a new 52-week high on strong results last week. Now it may be giving trend followers a potential opportunity. The first pattern on today’s chart is the bullish gap on July 26 after revenue beat estimates and its Cloud business surprised to the...

Facebook Crashes as Energy Soars: This Chart Shows the Massive Rotation Happening in the Market
by David Russell | Jan 15, 2021
Stocks have barely moved this week. You almost wouldn't guess how much drama is swirling beneath the surface. Major stocks like Facebook (FB), Amazon.com (AMZN) and Apple (AAPL) have drifted sideways or lower. Meanwhile former laggards in the energy, financial and...

Airbnb Tries to Break Out as Recent IPOs Fly Ahead of Established Tech Names
by David Russell | Jan 14, 2021
Airbnb and DoorDash are breaking out as investors shrug at old tech names like Facebook. ABNB rose 5.7 percent yesterday and DASH rose 3.1 percent. Both pulled back from their peaks but still had their highest closing prices ever. There weren't any clear catalysts for...

Intel Explodes Higher on New CEO. It Could Be a Very Big Deal
by David Russell | Jan 14, 2021
Intel just had a massive rally on some potentially huge news: Pat Gelsinger is the new CEO. Gelsinger was the chipmaker's chief technology officer until 2012. During that time, he was instrumental in key initiatives like the Xeon chip. The market hopes he can fix one...

Tesla Was TradeStation’s Most Active Stock in 2020 as Electric Cars Went Mainstream
by David Russell | Dec 31, 2020
Electric cars remained a major theme at TradeStation in December. Traders also returned to established large-cap technology stocks. Apple (AAPL), the world's most valuable company, rose one spot as investors focused on the potential for an iPhone upgrade cycle. Large...