Why the Chart for Ethereum Still Favors the Bulls

— Ethereum continues to trade well, consolidating its recent gains above prior resistance. Here's why the charts suggest more upside  — By Bret Kenwell, TheStreet.com Ethereum, Bitcoin and other cryptocurrencies continue to trade well, with most up massively on the year. In fact, many are fresh off new all-time highs or are just below those highs made earlier this year....

Style Counter-Rotation Underway: Forget Everything You Thought Knew 4 Months Ago

By late-October, a long period of bullishness led by large cap growth stocks we starting to fade… sort of. More specifically, mid caps and then small caps were taking the lead, at the expense of large caps. That divergence held through last month, and the early March bullishness appeared to widen it. Then everything changed. In the latter half of...

Style Counter-Rotation Underway: Forget Everything You Thought Knew 4 Months Ago

By late-October, a long period of bullishness led by large cap growth stocks we starting to fade… sort of. More specifically, mid caps and then small caps were taking the lead, at the expense of large caps. That divergence held through last month, and the early March bullishness appeared to widen it. Then everything changed. In the latter half of...

Euro zone ETF’s reversal could signal more trouble, two traders say

By Lizzy Gurdus, CNBC Trouble appears to be brewing for European stocks. The iShares MSCI Eurozone ETF (EZU) closed more than 1% lower on Tuesday, under pressure from stubbornly high Covid-19 cases in France, Germany and Italy and Easter weekend lockdowns. The ETF hit its highest level since August 2008 in Monday’s session. Tuesday’s move marks the reversal of a...

Is Nvidia About to Fly Higher?

— Nvidia is finally trading better, bouncing off long-term support and clearing last month's high. Here are the levels to know now. — By Bret Kenwell, TheStreet.com Nvidia (NVDA) has been a rewarding investment but a frustrating trading vehicle. However, shares have put in a solid rally lately as the stock works on its fourth straight daily gain and its...

How to Trade Tesla After It Beats Delivery Expectations

– Tesla doubles its first-quarter production results year over year and shares vault higher on the news. The stock's not out of the woods yet though – By Bret Kenwell, TheStreet.com Tesla (TSLA) was in focus Friday after the company announced its first-quarter deliveries. However, the stock was not in focus. Due to a market holiday, U.S. stocks didn't on...

Option Trading Lesson: Picking the Right One is Half the Battle

What's the key to becoming a truly great option trader? Obviously being able to spot the true trend of a stock or index is critical, but plenty of people can do that without necessarily turning that skill into rip-roaring gains. The other critical component of doing well in this business is using the optimal calls and puts in the first...

Option Trading Lesson: Picking the Right One is Half the Battle

What's the key to becoming a truly great option trader? Obviously being able to spot the true trend of a stock or index is critical, but plenty of people can do that without necessarily turning that skill into rip-roaring gains. The other critical component of doing well in this business is using the optimal calls and puts in the first...

Weekly Market Outlook – The Worst Way to Renew the Rally

On the surface the bulls got what they wanted. Stocks ended the holiday-shortened week on a high note, with the S&P 500 making a record high and record high close late Thursday. The NASDAQ fared even better, pushing up and off of the technical support we discussed a week ago. And, at all happened at the beginning of April… a...
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