Market Insights
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Is More Weakness Coming in the U.S. Dollar?
The greenback has shown signs of continuing lower amid weak economic data and expected changes at the Fed.
One Bearish Story After Another Seems to Be Hitting Crude Oil
Editor's note: This article was originally published on January 22, 2020. Energy may be resuming its downtrend as one bearish story after another piles up. Crude oil futures (@CL) are down for the third straight week. That's the longest losing streak since they last...
Options Alert: Can DoorDash Keep Delivering for the Bulls?
DoorDash jumped earlier in the week, and one big options trader seems to think the move will continue. Check out this large transaction in the food-delivery company: 25,000 December 35 calls were sold for $22.10.35,000 February 45 calls were purchased at almost the...
Technical Analysis: Hotel Giant Could Be Attempting a Breakout
Marriott has gone essentially nowhere since the pandemic began almost three years ago. But now the hotel giant could be getting ready to move. The first pattern on today's chart is the tight consolidation over the past three weeks. Notice how MAR has stayed above its...
Stocks Just Did Something For the 1st Time Since Bear Market Began: November Recap
Stocks just completed back-to-back positive months for the first time in over a year as investors look for the Federal Reserve to slow aggressive interest-rate hikes. The S&P 500 rose 4 percent in November following an 8 percent surge in October. (The last set of...
Stocks Eye Key Resistance as the Fed Looks to Slow Interest Rate Hikes
Stocks are eying key resistance as the market attempts its second straight positive month. The S&P 500 rose 1.5 percent in the holiday-shortened week between November 18 and November 25. The index is up 4 percent so far in November. If the gains hold through...
Technical Analysis: Potential Uptrend in DexCom
Diabetes company DexCom has been fighting higher since June, and now it may be interesting to trend followers. The first pattern on today’s chart is the pair of bullish gaps last month. The initial rally came after the Centers for Medicare and Medicaid Services...
Technology & Communication
Chart of the Day: Netflix Consolidates After Earnings Surge
Netflix jumped earlier this month after announcing results. It's now consolidating, and some traders may see potential for more upside. The first pattern on today's chart is the bullish gap on October 19 following the quarterly report. Prices cleared a peak of $394.90...
Call Buyers Look for a Heavily Traded Chip Stock to Start Running
Some options traders seem to think one of the market's most active stocks is ready for a rally. Advanced Micro Devices (AMD) has barely moved for the last month, but a surge of volume yesterday looked for a rally by the end of this week. Traders amassed more than...
Apple’s Releasing New IPhones, But a Lot More Is Happening With the Stock
Apple is expected to release new iPhones today, but a lot of other things are happening with the tech giant. Wall Street's narrative on the company has shifted toward other initiatives like services and stock buybacks. After all, AAPL's a victim of its own success now...
Is the Glass Half Full in Chip Stocks as Tariff Worries Fade?
Chip stocks are pushing old highs as investors seem to expect better news for one of the market's most traded industries. The Market Vectors Semiconductor ETF (SMH) closed 2 percent below its all-time high yesterday. It's also up 5.8 percent in the last month, more...
A Wave of IPOs Is Building, Led by WeWork and SmileDirectClub
Volatility is fading this month, just as a wave of companies looks to go public. Prominent firms including WeWork (WE) and SmileDirectClub (SDC) are expected to raise more than $1 billion each in their initial public offerings (IPOs). Combined with other big names...