Sectors
Travel Stocks Are Jumping as the Coronavirus Pandemic Continues to Fade

Travel Stocks Are Jumping as the Coronavirus Pandemic Continues to Fade

After more than a year of waiting, travel stocks may finally be recovering. Companies including Walt Disney (DIS), Expedia (EXPE) and Airbnb (ABNB) have rallied sharply in the last month. Their gains have bucked weakness in the broader market as investors braced for...

Chart of the Day: Is This Gold Mining Giant Headed for a Breakout?

Chart of the Day: Is This Gold Mining Giant Headed for a Breakout?

Last week, we cited the potential breakout in the SPDR Gold ETF. Today’s chart shows a similar pattern in miner Barrick Gold. First, consider the series of lower highs since August 2020. Then notice how the price action Friday and today violated this downward...

Technical Analysis: Amazon.com Bounced After Earnings. Now What?

Technical Analysis: Amazon.com Bounced After Earnings. Now What?

Amazon.com rallied sharply on some bullish news last week. But it may face some bearish patterns over the intermediate and longer terms. First, consider the level around $3,175. AMZN bounced there in the second, third and fourth quarters of last year before breaking...

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...