Sectors
Silver Attempts a Pre-Fed Breakout: Technical Analysis

Silver Attempts a Pre-Fed Breakout: Technical Analysis

Silver has been dead money since the summer as the U.S. dollar ripped higher. But now it’s attempting a breakout -- despite next week’s looming Federal Reserve meeting. Notice how the iShares Silver Trust (SLV) made a higher low on January 6 versus its nadir the...

Stocks Teeter Again as Investors Nervously Eye Rising Bond Yields

Stocks Teeter Again as Investors Nervously Eye Rising Bond Yields

Stocks tumbled again last week as investors brace for a potentially major increase in bond yields. The S&P 500 slid 0.3 percent between Friday, January 7, and Friday, January 14. It was the index's second straight weekly decline after failing to hold new highs...

Options Alert: Massive Call Volume Detected in Global Mining Giant

Options Alert: Massive Call Volume Detected in Global Mining Giant

Metal stocks have jumped lately, and one options trader is apparently looking for upside in a key global producer. Check out this unusual activity in Vale (VALE), the Rio de Janeiro-based mining giant: 26,000 January 14 calls traded for $1.52.26,000 January 17 calls...

The Dollar Is Dropping Sharply, Lifting Global Stocks and Commodity Plays

The Dollar Is Dropping Sharply, Lifting Global Stocks and Commodity Plays

All of a sudden, weak-dollar trades are working. At least 26 foreign-country exchange-traded funds are outperforming the S&P 500 and Nasdaq-100 so far this year, according to TradeStation data. Producers of commodities like oil and metals, which tend to track the...

Energy Stocks Look Like Technology Did Five Years Ago: Technical Analysis

Energy Stocks Look Like Technology Did Five Years Ago: Technical Analysis

2022 has begun with another sharp rotation from growth to value stocks. The SPDR Technology ETF had its biggest weekly drop in over a year, while the SPDR Energy ETF had its biggest gain in even longer. The SPDR Financial ETF (XLF) also jumped. Price action in the two...

Options Alert: Bulls Target Breakout In Financials as Earnings Draw Near

Options Alert: Bulls Target Breakout In Financials as Earnings Draw Near

Financials kick off earnings season next week, and one options trader is positioning for a breakout in the entire sector. Check out this large transaction in the SPDR Financial ETF (XLF), which holds major names like JPMorgan Chase (JPM) and Bank of America (BAC):...

Amazon May Face an Uphill Struggle as 2022 Begins: Chart of the Day

Amazon May Face an Uphill Struggle as 2022 Begins: Chart of the Day

Believe it or not, Amazon.com is little changed since July 2020. Now it faces an uphill struggle as a new year begins. The first pattern jumping off the chart is the downward-sloping trendline that began shortly before Thanksgiving. AMZN steadily trending lower as the...