Markets
Earnings Season Begins on a Strong Note, Thanks to Snap and Chipotle

Earnings Season Begins on a Strong Note, Thanks to Snap and Chipotle

Earnings season is off to a bullish start as companies like Snap, Chipotle Mexican Grill and Coca-Cola blitz past estimates. That variety of companies -- social media, casual dining and hospitals -- highlights the breadth of the stock market's earning power. It shows...

Technical Analysis: Is Copper Squeezing Toward a Breakout?

Technical Analysis: Is Copper Squeezing Toward a Breakout?

Copper had a dramatic run coming out of the pandemic, more than doubling between March 2020 and May 2021. Now, after a period of consolidation, it may be ready for more upside. First consider the ascending triangle that’s formed with a top around $4.35. It’s currently...

Call Buyers Target Square as Jack Dorsey Talks Crypto with Elon Musk

Call Buyers Target Square as Jack Dorsey Talks Crypto with Elon Musk

Yesterday was big for cryptocurrencies as Elon Musk and Jack Dorsey spoke publicly about Bitcoin. The event also triggered a wave of bullish options activity in Dorsey's payments company, Square. Most of the volume focused on the short-term 23-July 255 calls. Buyers...

Is This Stock the Next Tesla or Nio? Check Out This Technical Analysis

Is This Stock the Next Tesla or Nio? Check Out This Technical Analysis

Electric cars have been one of the most explosive industry groups in recent memory, and now traders may have another name to focus on: smart-vehicle maker XPeng. Several patterns stand out on the Guangzhou-based company’s chart. First, prices recently tested and held...

Here’s How to Be Ready the Next Time Stocks Pull Back

Here’s How to Be Ready the Next Time Stocks Pull Back

Stocks just had one of their sharpest pullbacks of the year, creating opportunities for investors able to quickly discover opportunities. The screenshot below shows TradeStation's Scanner tool. It's programmed to detect stocks trending upward before the crash that may...

Jerome Powell Stays Dovish: What It Means for Your Money

Jerome Powell Stays Dovish: What It Means for Your Money

The Federal Reserve emphasized its commitment to low interest rates yesterday, a move with potentially big implications for investors. "There is still a long way to go," before hiking rates, Fed Chair Jerome Powell told lawmakers in testimony. He added that...

Small Caps Are Struggling: Check Out This Technical Analysis

Small Caps Are Struggling: Check Out This Technical Analysis

The S&P 500 keeps hitting new highs, but the Russell 2000 small cap index hasn’t been so fortunate. RUT has gone almost four months without a new record level. In contrast, the Dow Jones Industrial Average and Transports haven’t hit a new high in over two months....