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S&P Battles to Defend Key Level

S&P Battles to Defend Key Level

The S&P 500 is trying to defend a key level, battling off waves of bearish headlines. 2700 has been important several times this year. It was resistance in mid-April and support in late June. The index bounced slightly above it on October 12, and last week's sharp...

Are There Winners from the Selloff in Oil?

Are There Winners from the Selloff in Oil?

Oil just had its biggest drop in at least four years, and winners may be emerging. Airlines are one of the best-performing groups recently, according to TradeStation's uber-useful RadarScreen® app. They've risen 3 percent in the last week and 6 percent in the last...

Bears Are Digging for Downside in This Space

Bears Are Digging for Downside in This Space

Bears are digging for downside in gold miners, one of the worst-performing major industry groups this year. More than 23,000 December 11 puts were bought yesterday in Barrick Gold (ABX). The first blocks changed hands for $0.10 but premiums rose to $0.12 as the bids...

Why Stocks Move: Business Volumes

Why Stocks Move: Business Volumes

This post, originally published on September 27, is part of a series about the catalysts for stock movements. It’s based on a series of talks at TradeStation’s Master Class learning sessions. In business, "more is better." More orders. More customers. More...

Showdowns in Tech: Let the Ad Wars Begin

Showdowns in Tech: Let the Ad Wars Begin

Amazon.com (AMZN) has disrupted plenty of industries, and now the e-commerce giant is challenging major players in Silicon Valley. We're talking about digital advertising, a field long dominated by Alphabet (GOOGL) and Facebook (FB). While those two companies control...

Another Wild Ride as Stocks Keep Climbing

Another Wild Ride as Stocks Keep Climbing

Stocks kept climbing last week, but it wasn't a smooth ride. The S&P 500 rose 2.1 percent between Friday, November 2, and Friday November 9. The index swung wildly as it tested a key level from last month and investors digested a broad array of headlines. Money...

The Real Winner of Midterms May Be This Sector

The Real Winner of Midterms May Be This Sector

Less than a week after the mid-term elections, health-care stocks have emerged as winners. Health care was a top issue ahead of the election, with voters demanding a response to drug prices and the cost of care. Maybe that's why stocks in the sector had their best day...

Stocks Halt at Key Level as Greenback Soars and Retailers Climb

Stocks Halt at Key Level as Greenback Soars and Retailers Climb

The S&P 500 paused at a key level yesterday, while a soaring U.S. dollar weighed on global stocks. It might feel like an eternity, but only three weeks ago, the S&P 500 rolled over near 2800. It had been support in August but turned into resistance during last...

Bright Spots as Big Tech Disappoints: Earnings This Week

Bright Spots as Big Tech Disappoints: Earnings This Week

The last week of quarterly results featured bad news from some high-profile stocks, but other names rose in prominence. Right off the bat, Apple (AAPL) had disappointing iPhone sales and stunned investors by saying it would stop reporting unit volumes on its flagship...