Meta Stock Rallies as Company Cuts Jobs. Check the Chart.

— Meta stock has barreled up more than 60% in 2023. Here's what the charts say is next for the best-performing FAANG stock of 2023. — By Bret Kenwell, TheStreet.com Meta (META) has not stopped cutting jobs this year. And for the most part, the stock has not stopped rallying. The social-media giant's shares sport a year-to-date gain of 60%...

Monday’s Effort Was Better Than Nothing, But Just Barely

It coulda been worse. But, it coulda been better. As was noted in this weekend's Weekly Market Outlook, last week's drubbing dragged most of the major market indices under key technical support levels, portending weakness ahead. There was still a smidgen of a chance stocks could bounce back into a bullish gear before reaching the point of no return, but...

Monday’s Effort Was Better Than Nothing, But Just Barely

It coulda been worse. But, it coulda been better. As was noted in this weekend's Weekly Market Outlook, last week's drubbing dragged most of the major market indices under key technical support levels, portending weakness ahead. There was still a smidgen of a chance stocks could bounce back into a bullish gear before reaching the point of no return, but...

Technical Analysis Using Moving Average Lines: Simple But Powerful

When it comes to technical analysis of stocks, moving averages are one of the most commonly used indicators. A moving average line is simply an average of the stock's price over a specific period of time. In this article, we'll take a closer look at how to use moving average lines in technical analysis of stocks. Understanding Moving Averages A...

Technical Analysis Using Moving Average Lines: Simple But Powerful

When it comes to technical analysis of stocks, moving averages are one of the most commonly used indicators. A moving average line is simply an average of the stock's price over a specific period of time. In this article, we'll take a closer look at how to use moving average lines in technical analysis of stocks. Understanding Moving Averages A...

Weekly Market Outlook – Um, Yeah… That’s Gonna Be a Problem

A week ago it looked like stocks had a fighting chance at rekindling the then-struggling bull market. Last week's rout changes everything. Not only did the weakness up-end the bullish effort before any of the indexes could log a higher high, the selloff led to a lower low that also dragged the market below critical technical support levels. Anything's still...

Weekly Market Outlook – Um, Yeah… That’s Gonna Be a Problem

A week ago it looked like stocks had a fighting chance at rekindling the then-struggling bull market. Last week's rout changes everything. Not only did the weakness up-end the bullish effort before any of the indexes could log a higher high, the selloff led to a lower low that also dragged the market below critical technical support levels. Anything's still...

Trading Options? Get a Handle on the Rarely-Considered Greek Called Vega.

Option trading can be a lucrative, but it's also complex and nuanced. Understanding all the different factors that impact an option's price – collectively called "the Greeks" — is critical. And, one of the most important but often ignored Greeks is Vega. What's Vega in option trading? Simply put, Vega (also known as kappa or lambda) measures the sensitivity of...

Trading Options? Get a Handle on the Rarely-Considered Greek Called Vega.

Option trading can be a lucrative, but it's also complex and nuanced. Understanding all the different factors that impact an option's price – collectively called "the Greeks" — is critical. And, one of the most important but often ignored Greeks is Vega. What's Vega in option trading? Simply put, Vega (also known as kappa or lambda) measures the sensitivity of...

Friday Is a Make-or-Break Day for the Stock Market

Ouch. Thursday's selloffs wasn't just annoying, or even just painful. It was damaging. Most of the major indices fell under key technical floors that needed to hold up for the market's budding bullishness to have any hope at turning into something bigger. There may be a few slim chances that stocks step back from the brink on Friday. But, the...
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