Markets
The Nasdaq-100 Rebounds After a Brutal January: What Does the Chart Say?

The Nasdaq-100 Rebounds After a Brutal January: What Does the Chart Say?

The Nasdaq-100 has rebounded following a sharp drop. It's a good time to consider where things stand with the tech-heavy index. First, Wednesday's close represented almost exactly a 50 percent retracement of the decline from December 28 through January 24. Second,...

Options Alert: Giant Neutral Strategy Targets Intel Following Sharp Drop

Options Alert: Giant Neutral Strategy Targets Intel Following Sharp Drop

Intel's been dropping for nine months, but one big options trader is looking for the semiconductor giant to stabilize. This large transaction involving short calls and short puts occurred yesterday as INTC tried to hold its lowest level in over a year: 30,000 March 50...

Stocks Break Support as Bears Spread from Big Tech to the Broader Market

Stocks Break Support as Bears Spread from Big Tech to the Broader Market

Stocks just had their worst week since early in the pandemic as big indexes knifed through key support zones. The S&P 500 plunged 5.7 percent in the holiday-shortened week between Friday, January 14, and Friday, January 21. It was the biggest drop since mid-March...