Amazon (AMZN) reported earnings on Thursday October 24, 2019. The stock has initially dropped in after hours, however, the price staged a rally after the opening bell the next day. Several big option bets were made last week expecting AMZN to continue moving higher.
Copper is a crucial commodity because it is utilized in an enormous variety of applications – from the construction industry to motor vehicles, from household electrical goods to energy transmission. Hence, it is the world’s key industrial metal in terms of both volume and its influence on world markets.
To ensure longevity in trading, one must adhere to a set of risk management rules in order to keep capital losses to a minimum during harsh market conditions or a streak of bad trades. I am going to share my own risk management rules in this article.
Nasdaq has formed a very pronounced triangle during the last several months. I decided to review the history of NQ futures index to identify all of the triangles during the last 20 years. Let’s see what I learned from this research.
Although the broader market is still flirting with records, the transport sector has struggled to recover lost ground—a potentially ominous sign for investors who believe transports need to rebound for the market to break higher. However, the last 10 years provide evidence that the bearish divergence between Transports and S&P500 does not necessary lead to market crashes.
RROKU faced a number of really negative news catalysts in September and the stock dropped 45% in one month! The stock has been consolidating in October showing signs of seller exhaustion. Additionally, the short interest spiked substantially recently which might result in a potential shorsqueeze if the price starts moving higher. What happens next will determine its next big move.
The bull-bear fight is on and it is still not clear who is going to win. This environment creates a lot of emotional swings leading to numerous fake break outs and break downs. Trend is my friend… but what do I do when there is no trend?
Ever wondered why there are so many orders on SPY for the same share quantity at the same exact price? Or how orders are coming in for $279 when SPY never traded at $279 today?
The 2019 class of IPOs includes a number of so-called unicorns, including high-profile names like Uber, Lyft, Pinterest, Zoom and Slack. Together, the unprofitable IPOs have already raised the most cash of any year since at least 2000. Peloton’s Thursday debut on the Nasdaq is just the latest money-losing firm to go public—and also the latest to disappoint.
NAHILO is one of the indicators in my market model. This post will explain why I included this indicator in my model. This indicator is powerful and can provide amazing signals: buy, sell, divergences and break outs.