Market Insights
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Options Alert: Big Trade in Wynn Resorts
Wynn Resorts rallied two months ago, and one big investor may expect further upside.
Chart of the Day: Royal Caribbean May Be Cruising Lower
Royal Caribbean Cruises drifted higher since the summer, but now it may be rolling over. The first pattern on today’s chart is the level around $61.45, where the leisure stock bottomed in March before proceeding to new lows. RCL peaked around that price on November 15...
Stocks Fall as Fed Drives Fear About Earnings and a Potential Recession
Stocks fell again last week as the Federal Reserve's tough stance on inflation made investors worry about earnings and a potential recession in 2023. The S&P 500 slid 2.1 percent between Friday, December 9, and Friday, December 16. The Nasdaq-100 fell even more,...
Art of TradeStation: Getting Ready for Earnings Season
Earnings season is a key time because it lets the market assess the finances of individual companies and whole industries. Earnings season is also a time of increased volumes and price movements, creating potential opportunities for investors and active traders. While...
Negatives Are Piling Up in This Year’s Only Positive Sector
Energy stocks are the only positive sector in 2022, but they're ending the year under a cloud of negativity. Crude oil futures (@CL) have fallen 13 percent so far in December, putting them on pace for their biggest drop in over a year. They're down in six of the last...
Technical Analysis: What If Apple Holds This Price Level?
Megacap technology stocks like Apple have dragged on the market amid disruptions in China. But what if the iPhone giant manages to bounce? Could it give the bigger indexes a boost? The main pattern on today’s chart is the $140 level. This price first had importance on...
Attention Amazon Traders! Check Out This Chart
Amazon.com has declined along with the broader Nasdaq-100. But other consumer-facing companies have fared much better. The chart below compares AMZN with competing retailers. It uses percentage-change charts with a six-month interval. Notice how the e-commerce giant...
Technology & Communication
Chart of the Day: Potential Uptrend in DraftKings
DraftKings spent four months digesting a strong first half. Now after a rally and pullback, traders may see more upside in the sports-betting stock. The first pattern on today's chart is the August peak of $34.49. Strong earnings propelled DKNG through that level in...
Stocks Follow Expected Script as Trump Approaches Trade Deal With China
Investors had a plan going into today's big meeting with China, and they stuck to it. Economically sensitive stocks like banks, materials and industrials led the rally on Friday. Semiconductors and Chinese Internet stocks also had some of their bigger gains in recent...
Trade War Drama Continues as Chinese Delegation Visits White House
Key talks with China begin today, and things are already off to a crazy start. Last night, reports from Asia said the meetings had pretty much failed before they even started. Stock futures crashed immediately, then roared back after the White House denied the story....
Stocks Just Had a Roller Coaster Week of Fear, Hope and Volatility
Stocks ended last week barely changed, but it was a wild ride of hope, fear and volatility. The S&P 500 crashed early on economic worries, and one point was down 3.6 percent. It quickly bounced as investors remembered some potential positives and ended just 0.3...
Streaming Wars Dominate Activity: September at TradeStation
The streaming wars came to TradeStation last month, with two of the biggest stocks in the industry dominating activity on our platform. Roku (ROKU) was the second-busiest symbol among our clients in September. The provider of media players lost one-third of its value...