Market Insights
Opportunity knocks for those with trading in their DNA.
Curiosity creates opportunity. Insights create strategy. Born traders create their destiny.
Stocks Break Out as Cyclicals Rally: Market Trends This Week
Downloads are available here. TradeStation’s ideas on TradingView are available here. The next Market Trends will be Thursday, April 4. Register for Market Trends here. Sizing Up the S&P 500 S&P 500 closes at record high above 5200 Advance / decline...
Technical Analysis: Amazon.com Could Be Struggling After Uncertain Guidance
Amazon.com may be showing signs of weakness after another post-earnings drop. The first pattern on today’s chart is the rising trendline along the lows of March and April. AMZN fell to that support last week after issuing so-so guidance and has remained there since....
Stock Market Faces Big Tests After a String of Positive Earnings
Earnings season has gone better than feared, but traders face new uncertainties this week. Today and the next two sessions bring key news on the impact of bank failures, the U.S. debt ceiling and inflation. It's a big change from recent weeks, when strong quarterly...
Double Top Before the Debt Ceiling? Market Trends This Week
Downloads are available here. Register for Market Trends here. Sizing Up the S&P 500 Attention now turns to debt ceilingPotential double-top versus February highFalse breakout on weekly chart versus last weekTight range has potential for increased volatilityFewer...
Stocks Keep Fighting Higher as Inflation Slows and Earnings Beat Expectations
Stocks kept fighting higher last month as inflation slowed and earnings beat estimates. The S&P 500 rose 1.5 percent in April, its third gain in the first four months of the year. The index has returned to challenge its February high, and is still above falling...
Symbol Linking Can Help Unlock the Power of TradeStation
TradeStation's award-winning platform is rich in analytics and insights. Today's post will explain symbol linking, a key tool for pulling the functionality together. Symbol linking lets one application, like RadarScreen or Scanner, load a stock or futures contract...
Chart of the Day: Will Alcoa Continue Lower?
Alcoa rallied early last year after the Ukraine war threatened aluminum supplies. It’s struggled since and now some traders may expect further pushes to the downside. The first pattern on today’s chart is the series of lower highs since August (marked with red...
Technology & Communication
Options Alert: Trader Looks for More Upside in Chinese Tech Stock
Chinese technology stocks have been jumping, and one options trader is positioning for the move to continue. Check out this unusual activity this afternoon in e-commerce company JD.com (JD): Some 5,000 February 70 calls were purchased for $4.01.At the same time, the...
This Major Index Is Breaking Out as Value Stocks Pause: Chart Study
Value stocks and reopening plays have been the main themes in 2021, but now the bulls seem to be returning to Big Tech and the Nasdaq-100. The yellow histogram on this chart compares the 21-day return of NDX against the S&P 500. (It uses our Smart Relative...
Growth Stocks Regain the Lead as Investors Embrace a Dovish Fed
Most of 2021 has focused on value stocks as the economy reopening from coronavirus, but last week investors returned to growth. The S&P 500 rose 0.4 percent between Friday, June 4, and Friday, June 11. The Nasdaq-100 climbed 1.2 percent, its biggest outperformance...
Advanced Micro Is Challenging a Trend Line: Chart of the Day
Believe it or not, Advanced Micro Devices has been little changed for 10 months. But now the semiconductor stock may be getting ready to move. This chart shows how AMD is stuck between a falling trend line and its 50-day moving average. Our Moving Average Speed custom...
Options Traders Are Looking for This Satellite Radio Stock to Blast Off
Sirius XM has gone nowhere for years, but now bullish options trades are building as the satellite-radio company partners with TikTok. Call volume has climbed steadily in the last week, according to TradeStation data. Today's top contract is the September 8 call,...