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Options Alert: Call Buyers Target Breakout in Up-and-Coming Cloud Stock

Options Alert: Call Buyers Target Breakout in Up-and-Coming Cloud Stock

Datadog, an 11-year old cloud-computing firm, broke out to new highs last month. Today, options traders looked for the rally to continue. More than 20,000 call options changed hands at the 140 strike, plus another 5,000 at the 142 strike. Four contracts accounted for...

IPOs, iPhones and Fed Tapering: Stocks Enter the Home Stretch for 2021

IPOs, iPhones and Fed Tapering: Stocks Enter the Home Stretch for 2021

The U.S. economy took a hit last month, but investors may find new opportunities as they come back from the summer. A wave of initial public offerings (IPOs), changes in Federal Reserve policy and technology news could prove catalysts in coming weeks. We'll consider...

Stocks Rise for 7th Month, Led by Tech Stocks like Paycom and Etsy

Stocks Rise for 7th Month, Led by Tech Stocks like Paycom and Etsy

Stocks are in the middle of their longest winning streak in 3-1/2 years, bolstered by strong earnings and an abundance of buyers on the sidelines. The S&P 500 rose 2.9 percent in August, its seventh straight positive month. The last time the index rose that long...

This Industry Is Holding Its Ground, Despite a Lot of Bad News This Week

This Industry Is Holding Its Ground, Despite a Lot of Bad News This Week

Homebuilder stocks are holding their ground, despite enduring a lot of bad news this week. First, Home Depot (HD) crashed after reporting unexpectedly weak same-store sales. The National Association of Homebuilders next announced that business conditions had fallen to...

Chart of the Day: Ethereum Is Holding $3,000

Chart of the Day: Ethereum Is Holding $3,000

Sometimes there's a lot to be said about nice round numbers. This might be one of those times with Ethereum holding $3,000. The level has gained importance this month. ETHUSD bounced around $3,000 on August 9, 12 and the last three days. It's also managed to close...

Chart of the Day: Citi Is Finding Support at This Key Line

Chart of the Day: Citi Is Finding Support at This Key Line

Financial stocks have bounced in the last two weeks, and Citi is one of the biggest members of the group. A few patterns stand out on the banking giant’s chart. First is its breakout above the 50-day moving average, followed by a pullback to hold that line. Next is...

Stocks Inch to New Records But New Coronavirus Fears Threaten the Recovery

Stocks Inch to New Records But New Coronavirus Fears Threaten the Recovery

Stocks inched to new highs last week, but a resurgence of coronavirus threatens to overshadow all kinds of good news. "Consumers reported a stunning loss of confidence in the first half of August" because of the delta variant, consumer sentiment economist Richard...

What Are Value Stocks? How Do I Find Them?

What Are Value Stocks? How Do I Find Them?

Value stocks have gained popularity this month as investors look for vaccines to end the coronavirus pandemic. This article will consider key things to know: What are value stocks?Why are they going up?How do I find value stocks?Are value stocks good investments? What...

6 Reasons Why Last Week’s Pullback Wasn’t All That Bearish

6 Reasons Why Last Week’s Pullback Wasn’t All That Bearish

Stocks dipped last week, but there are several reasons why it wasn't terribly bearish. Stocks were overbought.The S&P 500 held important levels."Risk-on sectors" were strong."Safe havens" were weak.Investors are favoring smaller companies.The holidays are coming....

General Motors Is Accelerating as Pickups Drive Profit Surge

General Motors Is Accelerating as Pickups Drive Profit Surge

Electric cars have been a major story this year, but legacy automaker General Motors is also on the move. GM has taken off since the end of the summer as a combination of bullish forces drive its stock to the highest level in over two years. It marks a victory for CEO...

The End of FANG? Most Stocks Break Out But the Nasdaq Is Going Nowhere

The End of FANG? Most Stocks Break Out But the Nasdaq Is Going Nowhere

Stocks hit new highs last week on hopes of a coronavirus vaccine, but major technology companies like Apple and Tesla went nowhere. Consider these points about the period between Friday, November 6, and Friday, November 13: The S&P 500 rose 2.2 percent and closed...

Strong Results, But Few Breakouts: Earnings This Week

Strong Results, But Few Breakouts: Earnings This Week

Several companies reported earnings this week, but few broke out. Walt Disney (DIS), Cisco Systems (CSCO) and Applied Materials (AMAT) beat analyst forecasts but remained below recent highs. Less prominent companies including Chinese e-commerce firm Pinduoduo (PDD)...

Social Media Success Story: Align Technology Makes Braces Cool

Social Media Success Story: Align Technology Makes Braces Cool

Social media platforms like Snap and Pinterest spiked on higher engagement this earnings season. Another stock company to benefit was orthodontic company Align Technologies (ALGN). The maker of Invisalign has rallied more than 30 percent in the last month after...

Five Reasons Why Stocks Began November With a Giant Blastoff

Five Reasons Why Stocks Began November With a Giant Blastoff

Stocks began November with a monster rally, and there are at least five reasons why. The S&P 500, Nasdaq-100 and Dow Jones Industrial Average each had their biggest weekly gains since March. Technology stocks led the charge, along with health care and precious...