Market Insights
Bringing you the trading news around the world.
Stories
Chart of the Day: Is Bitcoin’s Long Slide Finally Ending?
Bitcoin has been under pressure since early November, but now the top cryptocurrency may be showing signs of turning higher. The first pattern on this chart is the 50-day simple moving average ( SMA ) with our Moving Average Speed custom script. This indicator shows...
Bullish Call Volume Was Just Detected in This High Flying Coal Miner
Coal miners have surged as the Ukraine crisis boosts energy prices, and options traders are active in a key name. Check out this large transaction in Peabody Energy (BTU), the world's largest private-sector coal miner: Some 7,500 December 25 calls were sold for an...
Stocks Show Some Positives Despite Geopolitics Creating Historic Uncertainty for Investors
Stocks remain under pressure as the Ukraine crisis roils the global economy, spreading uncertainty at a key time in the post-pandemic recovery. Still, some positives have emerged. The S&P 500 dropped 1.3 percent between Friday, February 25, and Friday, March 4. It...
New 20-year Treasury Bond Futures Are Launching Today
New 20-year Treasury bond futures start trading today, two years after the government launched the underlying securities. The new contracts will control $100,000 of face value, with quarterly expirations. Its symbol root will be TWE. The first contract is dated for...
With Technology Still Under Pressure, Where Is Money Going in the Stock Market?
Steel stocks are flying as investors scramble to stay ahead of spiraling inflation. The DJ US Steel Index ($DJUSST) surged 29 percent in February. It not only hit a 13-year high. It also outperformed the S&P 500 by a whopping 31 percentage points. That was its...
These Were the Busiest Symbols at TradeStation in February
Advanced Micro Devices was the busiest symbol at TradeStation Securities in February, knocking Tesla from the No. 1 spot. Activity surged in AMD after the chip maker reported better-than-expected earnings, revenue and guidance. The stock, rebounding from a four-month...
Stocks Hold Their Ground But Face a Series of Potential Risks as Ukraine Crisis Rages
Stocks inched higher last week but face a potential minefield of geopolitical risk and economic events in coming days. The S&P 500 rose 0.8 percent between Friday, February 18, and Friday, February 25. It was the first positive week in the last three, but the...
The Economy May Be Accelerating Before the State of the Union and Powell’s Testimony This Week
It's been almost exactly two years since the coronavirus pandemic hammered the global economy. And now things may be finally returning to normal -- just in time for some big events in coming days. Consider some of these reports last week: The Commerce Department...
Russian Attack Triggers Surprise Rally Across the Beaten Down Nasdaq-100
Russia attacked Ukraine early on Thursday. After an initial panic, investors had an interesting response: They piled into software and technology stocks that took a beating over the last two months. Take a company like Microsoft (MSFT), which pushed under $272 in the...
Chart of the Day: Is Bitcoin’s Long Slide Finally Ending?
Bitcoin has been under pressure since early November, but now the top cryptocurrency may be showing signs of turning higher. The first pattern on this chart is the 50-day simple moving average ( SMA ) with our Moving Average Speed custom script. This indicator shows...
Bullish Call Volume Was Just Detected in This High Flying Coal Miner
Coal miners have surged as the Ukraine crisis boosts energy prices, and options traders are active in a key name. Check out this large transaction in Peabody Energy (BTU), the world's largest private-sector coal miner: Some 7,500 December 25 calls were sold for an...
Stocks Show Some Positives Despite Geopolitics Creating Historic Uncertainty for Investors
Stocks remain under pressure as the Ukraine crisis roils the global economy, spreading uncertainty at a key time in the post-pandemic recovery. Still, some positives have emerged. The S&P 500 dropped 1.3 percent between Friday, February 25, and Friday, March 4. It...
New 20-year Treasury Bond Futures Are Launching Today
New 20-year Treasury bond futures start trading today, two years after the government launched the underlying securities. The new contracts will control $100,000 of face value, with quarterly expirations. Its symbol root will be TWE. The first contract is dated for...
With Technology Still Under Pressure, Where Is Money Going in the Stock Market?
Steel stocks are flying as investors scramble to stay ahead of spiraling inflation. The DJ US Steel Index ($DJUSST) surged 29 percent in February. It not only hit a 13-year high. It also outperformed the S&P 500 by a whopping 31 percentage points. That was its...
These Were the Busiest Symbols at TradeStation in February
Advanced Micro Devices was the busiest symbol at TradeStation Securities in February, knocking Tesla from the No. 1 spot. Activity surged in AMD after the chip maker reported better-than-expected earnings, revenue and guidance. The stock, rebounding from a four-month...
Stocks Hold Their Ground But Face a Series of Potential Risks as Ukraine Crisis Rages
Stocks inched higher last week but face a potential minefield of geopolitical risk and economic events in coming days. The S&P 500 rose 0.8 percent between Friday, February 18, and Friday, February 25. It was the first positive week in the last three, but the...
The Economy May Be Accelerating Before the State of the Union and Powell’s Testimony This Week
It's been almost exactly two years since the coronavirus pandemic hammered the global economy. And now things may be finally returning to normal -- just in time for some big events in coming days. Consider some of these reports last week: The Commerce Department...
Russian Attack Triggers Surprise Rally Across the Beaten Down Nasdaq-100
Russia attacked Ukraine early on Thursday. After an initial panic, investors had an interesting response: They piled into software and technology stocks that took a beating over the last two months. Take a company like Microsoft (MSFT), which pushed under $272 in the...
This Sporting Goods Stock Is Starting to Run: Technical Analysis
Dick's Sporting Goods has been running. Now, after a brief pause, it may be ready to keep moving. The first interesting pattern on the daily chart is the price gap on May 26, which DKS recently tested (and partially filled). That resulted from a blowout quarterly...
Consumer Stocks Get a Boost from Amazon Prime Day, Plus Reopening and the Start of Summer
Amazon Prime Day set records again this month, and more companies than just Amazon.com could benefit. Sales were estimated at $11 billion, up from $10.4 billion last year. Excitement around the event lifted AMZN back above $3,500 for the first time since April. It...
Why Are Stocks Bouncing So Quickly After the Fed’s Hawkish Message?
Stocks crashed last week after the Federal Reserve scared investors with a hawkish stance on interest-rate increases. But now the market's ripping back almost as quickly as it fell. Why? This article will consider not only the Fed's announcement last week, but the...
Housing Stocks Have Crashed — Just in Time for Mortgage Rates to Come Back Down?
Housing stocks rallied in early 2021 as Americans scrambled for new homes. Now they pulled back dramatically as lumber prices tumble and mortgages get more affordable. The chart below the Philadelphia Housing Index ($HGX) with the Stochastic Slow Indicator, a common...
Tesla Faces a Make or Break Moment as Electric Vehicle Stocks Surge Back
Tesla's stock could be at critical juncture as investors rotate back to zero-emission stocks like electric cars and solar energy. The chart below shows how TSLA has made three higher lows in the last month. Meanwhile it's pushed against roughly $630, resulting in a...
This Social Media Stock May Be Squeezing Toward a Breakout: Technical Alert
Snap is an expensive growth stock. It’s the kind of name investors have mostly avoided this year, although recent weeks have seen a shift back to such companies. This chart highlights SNAP’s last four months of consolidation. It isn’t exactly a cup and handle, but...
Reopening Stocks Like Banks and Commodities Are Crashing After the Fed Turned Hawkish
The Federal Reserve turned hawkish yesterday, and reopening stocks are paying the price today. Steelmakers, energy drillers, banks and transports lead the selling. Copper futures are down more than 8 percent this week, their biggest drop since March 2020. Corn,...
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...