Options Trading

After months of clear leadership, the FANG stocks are starting to fail...  some of them anyway.  One of the laggards has found new life while another is on the verge of higher highs following higher lows.  As a group though, these tech-oriented names are hitting a wall. The performance comparison chart below puts things in perspective.  Netflix (NFLX) and Facebook (FB) have been terrible this week, with the latter in a choppy downtrend since peaking in late August.  Since last March's low, each had outperformed the NASDAQ Composite as well as the NASDAQ 100 indexes.  That's changed dramatically in just the past few weeks.  Apple (AAPL) is also still the leader it was coming out of the post-coronavirus selloff in February and March of last year, reaching a record high late last month. But, even this hot name has taken a tumble over the course of the past month.  … more

By Keris Lahiff, CNBC One of the top-performing chipmaker stocks could be ready to break even higher, according to TradingAnalysis.com founder Todd Gordon. Advanced Micro Devices, which is up more than 100% this year, is the second-best stock in the SMH semiconductor ETF – behind only Nvidia. It hit an all-time high of $96.37 on Wednesday. Gordon now believes the... more

By Lizzy Gurdus, CNBC Big Tech is coming up on a big week. A slew of large-cap tech giants including Apple, Microsoft, Alphabet, Facebook, Twitter, Amazon and others are gearing up to report earnings in the coming days. But with uncertainty abounding around the group's massive year-to-date stock gains and Congress' crackdown on some of its largest players, it may... more

By Keris Lahiff, CNBC Apple just unveiled its latest iPhones that support 5G cellular networks in a highly anticipated but well telegraphed event. Investors have high hopes that this could trigger the next big upgrade cycle for the company. Todd Gordon, founder of TradingAnalysis.com, said past upgrade cycles suggest the stock could have more upside ahead. "June 2007, that was... more

By Keris Lahiff, CNBC Onetime high flyer Lululemon has run into trouble over the past month. The stock has fallen 17% from a Sept. 2 high with losses accelerating even after an earnings report that topped analysts' estimates. The stock remains more than 40% higher for the year. Todd Gordon, founder of TradingAnalysis.com, says strong demand should help Lululemon recapture... more

By Lizzy Gurdus, CNBC Tesla's Battery Day was highly anticipated but was disappointing to many. Deutsche Bank Research, however, upgraded Tesla's stock on Wednesday to a buy on what it saw as a significant technological lead versus other automakers. On the other hand, Baird named the stock a "bearish fresh pick" on a "lack of upcoming catalysts." Then there were... more

Buy the Dip in Apple? Here's the Trade

/ September 24, 2020 3:38 PM

– Apple stock is rebounding from the recent low. From peak to trough, the shares are down 25%. Here's how the charts set up now. – By Bret Kenwell, TheStreet.com Apple  (AAPL) has been in focus in recent trading, as the shares have been faltering. In fact, most of big tech has been in focus as Amazon  (AMZN), Alphabet  (GOOGL)... more