Yes, Friday was rough. Both the S&P 500 as well as the NASDAQ Composite slipped back under their 20-day moving averages they fought so hard to hurdle going all the way back to two weeks ago. The sheer scope of Friday’s selloff is also alarming. Don’t panic just yet though. Not only was Friday an options-expiration day that induces a...
Virgin Galactic is trading in a steep downtrend, making lower highs and lower lows. A bounce may be on the horizon because the stock's RSI level has reached oversold. By Melanie Schaffer, Benzinga Editor Virgin Galactic Holdings (SPCE) rocketed over 10% higher at one point on Thursday before falling to near flat. The stock also reached a new all-time low...
As far as trading sessions go, that wasn't the one most long-term investors were hoping for. Late last week and into this week it looked like the bull market was once again trying to rekindle itself. Tuesday's tumble undermines that budding effort. But, it's hardly the end of the world or the end of the line for the effort. There's...
As far as trading sessions go, that wasn't the one most long-term investors were hoping for. Late last week and into this week it looked like the bull market was once again trying to rekindle itself. Tuesday's tumble undermines that budding effort. But, it's hardly the end of the world or the end of the line for the effort. There's...
How do you pick stocks to trade? Everyone’s approach for finding trading prospects is a little bit different. And, that’s perfectly fine. We shouldn’t all be chasing the same ideas. If we were, things would get crowded pretty quickly. There are some bigger-picture premises, however, all of us should be looking for when we’re scouring the market for potential trades....
How do you pick stocks to trade? Everyone’s approach for finding trading prospects is a little bit different. And, that’s perfectly fine. We shouldn’t all be chasing the same ideas. If we were, things would get crowded pretty quickly. There are some bigger-picture premises, however, all of us should be looking for when we’re scouring the market for potential trades....
Stocks were rebounding late last week. But, it was a feeble effort… too weak to actually drag the market back into the black for the holiday-shortened stretch. It was the first losing week in the past three, and while both of the indices only suffered nominal losses, where and how they stopped climbing is concerning. The S&P 500 as well...
Stocks were rebounding late last week. But, it was a feeble effort… too weak to actually drag the market back into the black for the holiday-shortened stretch. It was the first losing week in the past three, and while both of the indices only suffered nominal losses, where and how they stopped climbing is concerning. The S&P 500 as well...
If you’ve been trading for a while you’ve almost certainly heard it before – September is a lousy month for the market. And, broadly speaking, it’s true. The S&P 500 logs an average loss of 0.8% in the ninth month of the year, making it one of only four months of the year the market is more likely to suffer...
If you’ve been trading for a while you’ve almost certainly heard it before – September is a lousy month for the market. And, broadly speaking, it’s true. The S&P 500 logs an average loss of 0.8% in the ninth month of the year, making it one of only four months of the year the market is more likely to suffer...
