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Huge Call Roll in Ford Motor: Is It Bullish?

Huge Call Roll in Ford Motor: Is It Bullish?

Call volume surged in Ford Motor this morning, but was it bullish? Check out the large options trade that took place shortly after the open: Some 31,800 October 14 calls were purchased in two blocks for an average premium of $0.31.At the same times, a trader sold the...

Chart of the Day: More Upside in Advanced Micro Devices?

Chart of the Day: More Upside in Advanced Micro Devices?

Advanced Micro Devices rallied hard on strong results in late July. Now almost two months later, the chip stock may be ready for another move. Notice the slow and lazy pullback since early August, which resolved with a quick test under $100 on Monday. AMD came within...

Will the Fed Taper? It May All Come Down to Jobs

Will the Fed Taper? It May All Come Down to Jobs

The Federal Reserve could take a key step toward a pre-Covid reality at their meeting today. However, implementing the change will probably depend on the job market in coming months. The central bank has been purchasing $80 billion of Treasury bonds and $40 billion of...

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...

Crypto Sentiment Was Rising Even Before the Breakout: Monex Investor Survey

Crypto Sentiment Was Rising Even Before the Breakout: Monex Investor Survey

An international investor survey shows rising sentiment toward cryptocurrencies and optimism toward U.S. stocks. Monex, the Tokyo-based parent of TradeStation Group, just issued a poll of investors in Japan, the United States and Hong Kong. It was conducted in late...

Market Pulse: Apple’s Next IPhone Cycle Could Be Starting

Market Pulse: Apple’s Next IPhone Cycle Could Be Starting

Apple introduced the iPhone 12 two months ago. Now it may be starting to pay off. Japanese news service Nikkei reported early today that AAPL wants to increase iPhone production by almost 30 percent in the first half of 2021. That would entail as many as 96 million...

Stocks Inch Lower, But a Whole New Market Is Being Born

Stocks Inch Lower, But a Whole New Market Is Being Born

Stocks inched lower last week, but the real story is the emergence of a new regime dominated by the next generation of technology firms. The S&P 500 fell 1 percent between Friday, December 4, and Friday, December 11. The Nasdaq-100 and Dow Jones Industrial...

Tesla Keeps Getting More Respect as Elon Musk’s Vision Goes Mainstream

Tesla Keeps Getting More Respect as Elon Musk’s Vision Goes Mainstream

Tesla closed at a new all-time high yesterday as Elon Musk's electric-car maker keeps getting more respect. An upgrade by Goldman Sachs was the latest catalyst for the stock, already up 609 percent this year. Analyst Mark Delaney based his call on macro and micro...