On Tuesday, the BigTrends Grand Slam Options advisory locked in a 58% gain on a call trade entered on Monday of last week. Namely, we bought into some Visa (V) September (monthly – 09/21) 148 calls (V 180921C148), paying an average of 99 cents, or $99 per contract. We sold the whole shebang on Tuesday of this week at $1.57,...
On Tuesday, the BigTrends Grand Slam Options advisory locked in a 58% gain on a call trade entered on Monday of last week. Namely, we bought into some Visa (V) September (monthly – 09/21) 148 calls (V 180921C148), paying an average of 99 cents, or $99 per contract. We sold the whole shebang on Tuesday of this week at $1.57,...
– BAML strategist projects 12-month price return of more than 10% – By Sue Chang, MarketWatch Even as worries about emerging markets and President Donald's trade war continue to dog the stock market, a closely watched contrarian indicator hit its lowest point in months, underscoring the market's resilience at a time when global risk looms large. "In August, the Sell...
– BAML strategist projects 12-month price return of more than 10% – By Sue Chang, MarketWatch Even as worries about emerging markets and President Donald's trade war continue to dog the stock market, a closely watched contrarian indicator hit its lowest point in months, underscoring the market's resilience at a time when global risk looms large. "In August, the Sell...
The bulls may have started last week with a bang, but they certainly didn't end it on a high note. At one point on Wednesday, the S&P 500 was up a little more than 1.4% for the week. By Friday's close of 2901.52, the gain had been pared back to only a little more than 0.9%. The surge just couldn't...
The bulls may have started last week with a bang, but they certainly didn't end it on a high note. At one point on Wednesday, the S&P 500 was up a little more than 1.4% for the week. By Friday's close of 2901.52, the gain had been pared back to only a little more than 0.9%. The surge just couldn't...
By Rebecca Ungarino, CNBC After Amazon cracked through the $2,000-per-share milestone for the first time, TradingAnalysis.com's Todd Gordon is betting on an even bigger rally in coming weeks. "Amazon is in breakout mode here. I like the stock, it looks strong. I'll show you on the chart from a technical point of view that there is still room to run...
By Rebecca Ungarino, CNBC After Amazon cracked through the $2,000-per-share milestone for the first time, TradingAnalysis.com's Todd Gordon is betting on an even bigger rally in coming weeks. "Amazon is in breakout mode here. I like the stock, it looks strong. I'll show you on the chart from a technical point of view that there is still room to run...
By Annie Pei, CNBC The S&P 500 has hit another record high, and TradingAnalysis.com founder Todd Gordon says the rally could take the markets further into uncharted territory. "At the current angle of descent, we have resistance up around the 3,400 to 3,500 mark in the S&P 500," Gordon said Tuesday on CNBC's "Trading Nation." At this level, Gordon says...
By Annie Pei, CNBC The S&P 500 has hit another record high, and TradingAnalysis.com founder Todd Gordon says the rally could take the markets further into uncharted territory. "At the current angle of descent, we have resistance up around the 3,400 to 3,500 mark in the S&P 500," Gordon said Tuesday on CNBC's "Trading Nation." At this level, Gordon says...
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