Weekly Market Outlook – The Poorly-Timed, Poorly-Balanced Rally Is Still a Rally

Stocks tacked on more gains last week, but just barely. The market's struggling with the sheer weight of months of progress, still uncertain it wants to clear the key technical resistance it began tangling with two weeks back. Traders are hesitant for good reason… a couple of good reasons, actually. And yet, that's no reason to assume stocks can't really...

Is Roku a Sell as Amazon Moves Into TVs? Chart Gives a Hint.

—  Roku stock has been getting clobbered the past few days. Is the pain about to end or is it just getting started? — By Bret Kenwell, TheStreet.com Amazon (AMZN) is reportedly prepping to launch its own TV. Given Amazon's position in the streaming world – through its Prime Video service and Fire TV products – it has an obvious...

Buy the Dip in CrowdStrike Stock on Earnings Selloff

— CrowdStrike is selling off despite a strong quarter and solid guidance. Combined with nearby support, this one is a dip-buying candidate. — By Bret Kenwell, TheStreet.com CrowdStrike (CRWD) stock is trading lower on Wednesday after the company reported earnings on Tuesday evening. The stock initially rallied off the lows but is back near session lows and down about 3%...

A Practical Application of Vega in Credit Spreads

If you're like most new options traders, you probably don't worry too much about the predictive pricing measures called "the greeks." And, if you're like veteran options traders, odds are good you're mostly focused on delta and theta… which quantify (respectively) responsiveness to changes in the price of a stock or index and the amount of value an option loses...

A Practical Application of Vega in Credit Spreads

If you're like most new options traders, you probably don't worry too much about the predictive pricing measures called "the greeks." And, if you're like veteran options traders, odds are good you're mostly focused on delta and theta… which quantify (respectively) responsiveness to changes in the price of a stock or index and the amount of value an option loses...

These overlooked, ‘Fed-proof’ August laggards could be due for a bounce

By Lizzy Gurdus, CNBC Some of August's duds could be setting up for a strong end to the year. That's according to two market analysts who told CNBC's "Trading Nation" on Friday that the retail trade should pick up steam for the rest of 2021 as back-to-school and holiday shopping return. "Consumers are sitting on a ton of cash," between...

Weekly Market Outlook – The Bulls Aren’t Ready to Call it Quits Just Yet

Following through on the previous week's intraweek reversal effort, the market mustered another win last week. In fact, the S&P 500's gain of 1.5% took it to a record high as well as a record high close on Friday; the NASDAQ Composite followed suit. And yet, many of the concerns we've been discussing of late are still concerns. Those include...

Weekly Market Outlook – The Bulls Aren’t Ready to Call it Quits Just Yet

Following through on the previous week's intraweek reversal effort, the market mustered another win last week. In fact, the S&P 500's gain of 1.5% took it to a record high as well as a record high close on Friday; the NASDAQ Composite followed suit. And yet, many of the concerns we've been discussing of late are still concerns. Those include...

Can Apple Rally to New Highs Going Into Year End?

— Apple is just off its all-time high, but it still doesn't seem like this one has been getting much love. Here's how it can rally into year end. — By Bret Kenwell, TheStreet.com Apple  (AAPL) is only a few dollars off its all-time high, while sporting a $2.5 trillion market cap. So why are traders and investors so frustrated...

Two beaten-down gambling stocks could be poised to rebound, traders say

By Keris Lahiff, CNBC Casino stocks are on a hot streak this week. Las Vegas Sands, Wynn, Caesars, Penn National Gaming and MGM Resorts have all surged in recent days, getting a big boost Tuesday after gambling destination Macao eased restrictions for visitors from mainland China. This group has been incredibly volatile over the past 18 months, hit hard by...
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