Markets
S&P 500 Isn’t the Only Chart Hitting New Highs for 2019

S&P 500 Isn’t the Only Chart Hitting New Highs for 2019

Stock indexes, along with crude oil, just closed at their highest levels of the year. Is it the top, or the start of another rally as fear leaves the market? Let's review some of the key points with equities in the midst of their third straight winning month. One big...

Market High on Aurora Cannabis as Peltz Joins Pot Grower

Market High on Aurora Cannabis as Peltz Joins Pot Grower

Cannabis stocks have been on fire since last summer, and the buzz continued today as a major financier joined the industry. Early leader Tilray (TLRY) might have fallen asleep after a blistering rally in September, but others have lit up more recently. Aurora Cannabis...

Uber IPO in Sight as Banks Line Up

Uber IPO in Sight as Banks Line Up

Uber's initial public offering (IPO), one of the most anticipated deals in history, is drawing near. "Uber hires more IPO underwriters as it prepares to go public," read the Reuters headline last night. The timing is reportedly flexible, with the possibility of...

Why Stocks Move: Business Transformation

Why Stocks Move: Business Transformation

This post is part of a series about the catalysts for stock movements. It’s based on a series of talks at TradeStation’s Master Class learning sessions.  Business changes over time, and companies need to keep up. This process creates...

What are FANG Stocks? Nasdaq Growth Names on the Move

What are FANG Stocks? Nasdaq Growth Names on the Move

Remember FANG stocks? Investors are flocking back to major technology stocks like Facebook (FB) today. The NYSE FANG+ index ($NYFANG) is up 2.7 percent in afternoon trading, its biggest gain since late January. That's driving a big rally in the Nasdaq-100. Meanwhile...

Stocks Retreat From Key Level Amid Bad News

Stocks Retreat From Key Level Amid Bad News

Stocks just had their worst week of the year, retreating from a key resistance level amid a string of bad news. The S&P 500 fell 2 percent between Friday, March 1, and Friday March 8. It was the biggest drop since the crescendo of selling before Christmas. The...

Monex Crypto Market Weekly: March 8

Monex Crypto Market Weekly: March 8

This post is a translation of the weekly cryptocurrency analysis by Crypto Lab, a wholly owned subsidiary of Monex Group (Tokyo, Japan). Monex is the parent of TradeStation Group. Owning to the difference in time zone, we're able to share Friday's report today....

Chinese Tech Stocks Are Crushing the Nasdaq

Chinese Tech Stocks Are Crushing the Nasdaq

Forget about trade wars. The big story with China this year may be the runaway rally in the country's technology sector. The Golden Dragon Index ($HXC) has surged 9 percent in the last month and is up 28 percent so far in 2019. That's more than twice the gains of the...

Waiting for Uber IPO? Here Comes Yandex

Waiting for Uber IPO? Here Comes Yandex

Everyone's waiting for Lyft and Uber to go public. Did you know Russia's top Internet stock is also active in the ride-sharing space? Last month, Yandex (YNDX) reported 216 percent revenue growth for its Taxi division as ridership more than doubled. The service...

Comex Gold Futures: Contract of the Week

Comex Gold Futures: Contract of the Week

Gold's one of the world's oldest measures of value. It's also one of of the most actively traded commodities, thanks to CME's Comex Gold Futures. These contracts use the symbol root GC and track 100 troy ounces of gold. That means every point represents $100 of change...