Market Insights
Bringing you the trading news around the world.
Stories
Greenback on the Brink as Fed Meeting and G20 Approach
The U.S. dollar seems to be teetering before some events with the potential to drive it lower. The U.S. dollar index (@DX) has spent most of 2019 between 95 and 97.75. It broke down quickly from those highs in early June and is now squeezing into a potential triangle....
An Options Trader Is on a Roll in this Casino Stock
An options trader seems to be on a roll as a casino stock pushes higher. MGM Resorts (MGM) has bounced more than 15 percent from its low at the start of last week. Today it looks like an investor rolled a covered-call position as he or she looks to squeeze income from...
Stocks Just Had Their Best Week of 2019 as Fed Drives Monster Rebound
Stocks just had their sharpest rally of the year as investors looked for the Federal Reserve to cut interest rates. The S&P 500 surged 4.4 percent between Friday, May 31, and Friday, June 7, its best week since late November. The surge came after buyers defended...
Materials ETF Has Best Week in 7 Years as Fed Goes Dovish
Stocks like chemical makers and gold miners have struggled for much of the year, but now they're ripping amid hopes of Federal Reserve rate cuts. The SPDR Materials ETF (XLB) is up almost 8 percent since Friday, putting it on pace for its best week since December...
Why $9,000 May Be in the Cards for Bitcoin
Bitcoin (BTC) has more than doubled this year and is now around $7,800, nearing the $9,000 level observed at the start of May. Its market capitalization is now around $275 billion -- roughly the size of a small, developed country's stock market.Bitcoin's audience has...
Federal Reserve Joins the Global Flock of Dovish Central Bankers
Stocks just had their second-biggest rally of the year, partially because of the Federal Reserve. It's worth recapping what happened. The story actually began on Monday, when James Bullard of the St. Louis Fed said a rate cut "may be warranted soon." Then yesterday,...
Record Options Volume in New Tech Stock Before Earnings
Someone's looking for a strong earnings report from a new technology stock. Docusign (DOCU), a provider of online contracts and e-signatures, went public in April 2018. Earnings beat estimates the first three times it reported. And, yesterday a large options trader...
‘Sell in May and Go Away’ — Is the Saying True This Year?
"Sell in May and go away." Will the old adage work this year? The S&P 500 fell 6.6 percent in May as geopolitical fears and weak earnings hammered sentiment. It was the first losing month of 2019, and included four consecutive negative weeks. Virtually every...
Monex Crypto Market Weekly: May 31
This post is a translation of the weekly cryptocurrency analysis by Crypto Lab, a wholly owned subsidiary of Monex Group (Tokyo, Japan). Monex is the parent of TradeStation Group. Summary Bitcoin (BTC) inched higher early in the week before accelerating to over...
Greenback on the Brink as Fed Meeting and G20 Approach
The U.S. dollar seems to be teetering before some events with the potential to drive it lower. The U.S. dollar index (@DX) has spent most of 2019 between 95 and 97.75. It broke down quickly from those highs in early June and is now squeezing into a potential triangle....
An Options Trader Is on a Roll in this Casino Stock
An options trader seems to be on a roll as a casino stock pushes higher. MGM Resorts (MGM) has bounced more than 15 percent from its low at the start of last week. Today it looks like an investor rolled a covered-call position as he or she looks to squeeze income from...
Stocks Just Had Their Best Week of 2019 as Fed Drives Monster Rebound
Stocks just had their sharpest rally of the year as investors looked for the Federal Reserve to cut interest rates. The S&P 500 surged 4.4 percent between Friday, May 31, and Friday, June 7, its best week since late November. The surge came after buyers defended...
Materials ETF Has Best Week in 7 Years as Fed Goes Dovish
Stocks like chemical makers and gold miners have struggled for much of the year, but now they're ripping amid hopes of Federal Reserve rate cuts. The SPDR Materials ETF (XLB) is up almost 8 percent since Friday, putting it on pace for its best week since December...
Why $9,000 May Be in the Cards for Bitcoin
Bitcoin (BTC) has more than doubled this year and is now around $7,800, nearing the $9,000 level observed at the start of May. Its market capitalization is now around $275 billion -- roughly the size of a small, developed country's stock market.Bitcoin's audience has...
Federal Reserve Joins the Global Flock of Dovish Central Bankers
Stocks just had their second-biggest rally of the year, partially because of the Federal Reserve. It's worth recapping what happened. The story actually began on Monday, when James Bullard of the St. Louis Fed said a rate cut "may be warranted soon." Then yesterday,...
Record Options Volume in New Tech Stock Before Earnings
Someone's looking for a strong earnings report from a new technology stock. Docusign (DOCU), a provider of online contracts and e-signatures, went public in April 2018. Earnings beat estimates the first three times it reported. And, yesterday a large options trader...
‘Sell in May and Go Away’ — Is the Saying True This Year?
"Sell in May and go away." Will the old adage work this year? The S&P 500 fell 6.6 percent in May as geopolitical fears and weak earnings hammered sentiment. It was the first losing month of 2019, and included four consecutive negative weeks. Virtually every...
Monex Crypto Market Weekly: May 31
This post is a translation of the weekly cryptocurrency analysis by Crypto Lab, a wholly owned subsidiary of Monex Group (Tokyo, Japan). Monex is the parent of TradeStation Group. Summary Bitcoin (BTC) inched higher early in the week before accelerating to over...