Industrials
These Were the Top Symbols on TradeStation in June as the Economy Reopened

These Were the Top Symbols on TradeStation in June as the Economy Reopened

The economy reopened in June, and TradeStation clients played the trend by pivoting to travel-related stocks. Aerospace giant Boeing (BA) flew up the rankings of busiest symbols on our platform. United Airlines (UAL) and American Airlines (AAL) also entered the list...

Is a Breakout Coming? S&P 500 Takes Off Near a Key Level

Is a Breakout Coming? S&P 500 Takes Off Near a Key Level

Stocks took off last week as investors look for the coronavirus crisis to fade. The S&P 500 rose 3.2 percent between Friday, May 15, and Friday May 22. The index is back to its highest levels since early March and its second straight positive month. Transports had...

Data Shows the U.S. Economy Improving Despite Coronavirus

Data Shows the U.S. Economy Improving Despite Coronavirus

Coronavirus may be hurting Asia, but the latest numbers show economic growth is only improving in the U.S. Manufacturing data from the New York and Philadelphia branches of the Federal Reserve rose more than expected. They cited strong orders and demand. It was the...

Should This Industry Replace Transports in Dow Theory?

Should This Industry Replace Transports in Dow Theory?

Something weird is happening in the market: Transportation stocks are dead in the water as almost everything else rallies. This pattern runs contrary to "Dow Theory," one of the most cherished concepts in the history of investing. Created by journalist Charles Dow in...

Risk Appetite Sweeps Market as Powell Freezes Interest Rates

Risk Appetite Sweeps Market as Powell Freezes Interest Rates

Optimism is spreading in the stock market as the Federal Reserve freezes interest rates. Companies that benefit from stronger global growth rose yesterday after the central bank kept interest rates unchanged. Those include semiconductors, emerging markets, materials...

Big Banks and Netflix Surprise to the Upside: Earnings This Week

Big Banks and Netflix Surprise to the Upside: Earnings This Week

Earnings season started on a strong foot as major banks reported surprising growth in their core businesses. JPMorgan Chase (JPM), Bank of America (BAC), Citigroup (C), Morgan Stanley (MS), U.S. Bancorp (USB) and PNC Financial (PNC) all beat estimates in the last...

Emotions Flip Away From Safe  Havens as Earnings Season Begins

Emotions Flip Away From Safe Havens as Earnings Season Begins

Emotions seem to be flipping away from caution as earnings season begins. Safe-haven sectors including utilities, consumer staples, bonds and precious metals are all lagging this week. Meanwhile "risk-on" groups like financials, semiconductors and industrials are...

Trade War Drama Continues as Chinese Delegation Visits White House

Trade War Drama Continues as Chinese Delegation Visits White House

Key talks with China begin today, and things are already off to a crazy start. Last night, reports from Asia said the meetings had pretty much failed before they even started. Stock futures crashed immediately, then roared back after the White House denied the story....

Can This Transport Keep Trucking? Options Trader Thinks So

Can This Transport Keep Trucking? Options Trader Thinks So

Someone's looking for a major trucking stock to keep motoring higher. Check out Monday's activity in Knight-Swift Transportation (KNX), the country's largest operator of tractor trailers: A block of 25,000 September 35 calls was bought for $3.36.A block of 25,000...