Sectors
Technical Analysis: Wall Street Giant Attempts a Breakout

Technical Analysis: Wall Street Giant Attempts a Breakout

Goldman Sachs hit a new high late in the summer. Now after a healthy pullback, it may be ready to keep moving. The first pattern on today’s chart is the falling trendline that began on August 30. GS tried to break that resistance twice last month. It was rejected both...

Huge Call Roll in Ford Motor: Is It Bullish?

Huge Call Roll in Ford Motor: Is It Bullish?

Call volume surged in Ford Motor this morning, but was it bullish? Check out the large options trade that took place shortly after the open: Some 31,800 October 14 calls were purchased in two blocks for an average premium of $0.31.At the same times, a trader sold the...

Chart of the Day: More Upside in Advanced Micro Devices?

Chart of the Day: More Upside in Advanced Micro Devices?

Advanced Micro Devices rallied hard on strong results in late July. Now almost two months later, the chip stock may be ready for another move. Notice the slow and lazy pullback since early August, which resolved with a quick test under $100 on Monday. AMD came within...