Wow. What a week! The S&P 500 rallied 6.0% over the course of the past five trading days, marking the index’s best week since June… of 2022. The bulls didn’t even hesitate to sharply and decidedly reverse the downtrend well underway the week before. As the old adage goes though, if it seems too good to be true, then it...
Wow. What a week! The S&P 500 rallied 6.0% over the course of the past five trading days, marking the index’s best week since June… of 2022. The bulls didn’t even hesitate to sharply and decidedly reverse the downtrend well underway the week before. As the old adage goes though, if it seems too good to be true, then it...
By Jim Van Meerten, Barchart The Chart of the Day belongs to the computer hardware company Logitech (LOGI) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart feature to review the charts...
Stocks started last week off on a bullish foot. But, the move wasn’t built to last. As the week wore on and a few too many earnings reports raised a few too many red flags, the market broker under a few too many more support levels. There’s little — maybe nothing — to latch onto now. The indices may have...
Stocks started last week off on a bullish foot. But, the move wasn’t built to last. As the week wore on and a few too many earnings reports raised a few too many red flags, the market broker under a few too many more support levels. There’s little — maybe nothing — to latch onto now. The indices may have...
How does the old saying go? If you play with fire long enough, you’ll eventually get burned? Well, for several days now stocks have been playing with fire. On Wednesday they got burned. They were burned badly enough, in fact, that the market might be forced to move all the way through a full-blown correction. That’s not the end of...
How does the old saying go? If you play with fire long enough, you’ll eventually get burned? Well, for several days now stocks have been playing with fire. On Wednesday they got burned. They were burned badly enough, in fact, that the market might be forced to move all the way through a full-blown correction. That’s not the end of...
We’ve spent some time this month looking at various kinds of option spreads, with the bigger goal of learning the ins and outs of the strategy. It just so happens there are several different approaches to spread trading, each with their own pros and cons. Our first example was a bear put spread, though our more recent run-through was a...
We’ve spent some time this month looking at various kinds of option spreads, with the bigger goal of learning the ins and outs of the strategy. It just so happens there are several different approaches to spread trading, each with their own pros and cons. Our first example was a bear put spread, though our more recent run-through was a...
The stock market has a tendency to hit its bottom in late October, according to Ned Davis Research. Seasonality data shows that the stock market is about to exit its weakest period of the year. This dynamic could set the stock market up for a year-end rally, according to Ned Davis Research. By Matthew Fox, Business Insider Our Chart of...
