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Are 3 Months of Consolidation Ending?

Are 3 Months of Consolidation Ending?   Downloads are available here. TradeStation’s ideas on TradingView are available here. Check out our next “State of the Market,” on Monday, 1/27. Sizing Up the S&P 500 S&P 500 rallies 1.8%, the most since 11/6 (day...

Chart of the Day: Kroger Pulls Back

Chart of the Day: Kroger Pulls Back   Kroger jumped to a new record high one month ago, and now dip buyers may eye its recent pullback. The first pattern on today’s chart is the April high of $58.34. The grocery chain tested $0.01 below it last week before...

Hawkish News Is Slamming the Stock Market

Hawkish News Is Slamming the Stock Market   Stocks keep falling as hawkish news and rising yields hammer sentiment. The S&P 500 declined 1.9 percent between Friday, January 3, and Friday, January 10. (There were only four sessions because of former President...

Options Alert: Trader May See a Top in AI Stock

Options Alert: Trader May See a Top in AI Stock   C3.ai rallied in late 2024 on a mix of bullish news, but some options traders may think the AI software company is done going up. Check out this large transaction that appeared about 55 minutes after the opening...

Is the Opposite of Goldilocks Taking Shape?

Is the Opposite of Goldilocks Taking Shape?   “Goldilocks” is a common way to describe positive market conditions, but the opposite of that scenario may be taking shape. Low inflation and moderate growth is the normal meaning of goldilocks. The Federal Reserve...

Nvidia Calls Get Active as AI Goes Mainstream

Nvidia Calls Get Active as AI Goes Mainstream   Options traders flocked to Nvidia yesterday ahead of a potentially key week for the AI giant. Volume surged in short-dated weekly calls expiring this Friday, which suggests investors are looking for a quick move....

Chart of the Day: Is Nvidia’s Next Leg Coming?

Chart of the Day: Is Nvidia’s Next Leg Coming?   Nvidia has been mostly quiet since the summer, but some traders may think another move to the upside is coming. The first pattern on today’s chart is the August high of $131.26. NVDA broke above this level in the...

Crypto Stocks Jump with Bitcoin in New Bull Market

Crypto Stocks Jump with Bitcoin in New Bull Market   Cryptocurrencies like Bitcoin have entered a new bull market with Donald Trump returning to the White House and investors diversifying into new assets. Digital assets have a combined value of about $3.5...

Stock Picking Returns as Calm Sweeps the Market

Stock Picking Returns as Calm Sweeps the Market   Stock picking could be making a comeback as volatility falls and attention shifts from interest rates to individual growth stories. The S&P 500 rose 1 percent between Friday, November 29, and Friday, December...

New Chapter in AI Boom Revives Megacaps

New Chapter in AI Boom Revives Megacaps   Downloads are available here. TradeStation’s ideas on TradingView are available here. Check out our next “State of the Market,” on Monday, 12/16. Sizing Up the S&P 500 S&P 500 approaches 6,100 after holding last...

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