Market Insights
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Assessing the Market With Sector Performance
by David Russell | Jan 7, 2025
Market internals is a field of technical analysis that considers how companies within the stock market are performing. A recent article covered breadth, and now we'll turn to sector performance. This technique assesses the S&P 500 by comparing price changes of...
A Big Week for Stocks: Megacap Earnings, GDP, Jobs Data
by David Russell | Oct 28, 2024
Money is coming back to megacaps as the biggest week of earnings season begins. The S&P 500 slid 1 percent between Friday, October 18, and Friday, October 25. It was the index's first drop in seven weeks. However the Nasdaq-100 inched toward record highs, with its...
Extend Your Trading Day Hours with TradeStation
by TradeStation | Oct 25, 2024
https://www.youtube.com/watch?v=gpLqHiXs6Dc TradeStation is excited to announce new extended trading hours, starting November 11th, 2024, which will allow our clients to access stocks and ETFs starting at 6:00 AM Eastern Time. This early access can help provide you...
Fear Makes a Comeback After 6 Positive Weeks: Market Trends
by David Russell | Oct 24, 2024
Downloads are available here. TradeStation’s ideas on TradingView are available here. Check out our next “State of the Market,” on Monday, 10/28. Tickets for the Crossroads Summit 2024, sponsored by TradeStation Group, can be accessed here. Sizing Up...
Earnings From Big Technology Stocks Are Coming Soon
by David Russell | Oct 23, 2024
Third-quarter earnings season has begun. Financials were the first major sector to report and the agenda will soon turn to large technology companies like Microsoft and Apple. This article will cover some key dates and recent news on these major growth stocks....
Stocks Keep Climbing as Chips Falter and ‘Everything Else’ Advances
by David Russell | Oct 21, 2024
Chipmakers have led the market all year, but they could be losing their edge as investors position for new conditions into yearend. The Philadelphia Semiconductor Index ($SOX) dominated price action in the first half and remained the top performer through the end of...
Banks, Airlines Drive Rotation as Earnings Progress: Market Trends
by David Russell | Oct 17, 2024
Downloads are available here. TradeStation’s ideas on TradingView are available here. Check out our next “State of the Market,” on Monday, 10/21. Tickets for the Crossroads Summit 2024, sponsored by TradeStation Group, can be accessed here. Sizing Up the S&P 500...
Top Stocks for Options Trading
Technology & Communication
Large Options Trade Appears in Coinbase as Bitcoin Rallies
by David Russell | Oct 30, 2024
Bitcoin is flirting with record highs and the options are getting active in Coinbase before its quarterly results. Check out this large transaction yesterday in the cryptocurrency exchange: Some 35,215 December 190 calls traded for an average price of $44.87. Matching...
Chart of the Day: Oracle May Have Found Support
by David Russell | May 7, 2024
Oracle jumped to new highs almost two months ago. Now, after a pullback, the software giant may have found support. The first pattern on today’s chart is the gap higher on March 12 after earnings surprised to the upside. ORCL retraced the move and is starting to...
AI Boom Fades as Fundamentals Weaken: Earnings Recap
by David Russell | Apr 30, 2024
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
by David Russell | Apr 29, 2024
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?
by David Russell | Apr 25, 2024
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,...