Markets
Chart of the Day: CrowdStrike Pulls Back

Chart of the Day: CrowdStrike Pulls Back

CrowdStrike has been making new 52-week highs as the broader market languishes. Now after a quick pullback, some traders may look for the cybersecurity stock to continue higher. The first pattern on today’s chart is the bullish gap on August 31 after results and...

Oil’s Fundamentals Could Be Weakening After a Big Surge

Oil’s Fundamentals Could Be Weakening After a Big Surge

Energy stocks and crude oil were among the market's best performers in the third quarter, but fundamentals may be weakening. The sector started climbing in late June as Energy Department data showed crude-oil inventories remaining near long-term lows. The Strategic...

Options Alert: Call Spread Targets New Highs in AMD

Options Alert: Call Spread Targets New Highs in AMD

Advanced Micro Devices has climbed in the last two weeks, and options traders are looking for more gains through mid-November. Heavy volume was detected yesterday in two calls expiring next month. The trades occurred in dozens of blocks between about 1pm and 3pm ET....