Sectors
Bearish Patterns Appear in this Industrial Giant

Bearish Patterns Appear in this Industrial Giant

Caterpillar was a top pick among investors for the rebound last year. But now the chart is showing several bearish patterns. First is the string of lower highs over the last five weeks. CAT held support around $200 during that time, resulting in a potential descending...

Oil and Gas Are Back in Focus as Winter Approaches and Demand Rebounds

Oil and Gas Are Back in Focus as Winter Approaches and Demand Rebounds

Bullish catalysts seem to be increasing in the oil and natural-gas markets as demand rebounds and winter-heating season approaches. OPEC surprised investors on Monday by forecasting that global oil demand will hit new all-time highs in 2021, above pre-pandemic levels....

Options Alert: Call Buyers Target Breakout in Up-and-Coming Cloud Stock

Options Alert: Call Buyers Target Breakout in Up-and-Coming Cloud Stock

Datadog, an 11-year old cloud-computing firm, broke out to new highs last month. Today, options traders looked for the rally to continue. More than 20,000 call options changed hands at the 140 strike, plus another 5,000 at the 142 strike. Four contracts accounted for...

IPOs, iPhones and Fed Tapering: Stocks Enter the Home Stretch for 2021

IPOs, iPhones and Fed Tapering: Stocks Enter the Home Stretch for 2021

The U.S. economy took a hit last month, but investors may find new opportunities as they come back from the summer. A wave of initial public offerings (IPOs), changes in Federal Reserve policy and technology news could prove catalysts in coming weeks. We'll consider...

This Industry Is Holding Its Ground, Despite a Lot of Bad News This Week

This Industry Is Holding Its Ground, Despite a Lot of Bad News This Week

Homebuilder stocks are holding their ground, despite enduring a lot of bad news this week. First, Home Depot (HD) crashed after reporting unexpectedly weak same-store sales. The National Association of Homebuilders next announced that business conditions had fallen to...