In trading on Tuesday, shares of the First Trust Nasdaq Cybersecurity ETF (Symbol: CIBR) entered into oversold territory, changing hands as low as $45.28 per share. We define oversold territory using the Relative Strength Index, or RSI, which is...
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The Tale of the Tape: MCD broke support at $170. A trader could enter a short position on any rallies up to or near $170 with a stop placed above the level. If the stock were to break back above the $170 level, a long position might be entered...
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NFLX had formed a major area of resistance around the $385 level (green) during the past two years. However, the stock broke through that resistance yesterday. If NFLX comes back down to that $385 level, which should now act as support, a bounce...
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Everyone seems to be trading options these days, yet very few are actually making any money. Why is that? Here are three mistakes to avoid when trading options - brought to you by our friends at Options Sensei! As “Charles Schwab (SCHW)”...
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Markets remain muted after last Friday’s selloff, triggered by unrest in the Middle East, which caused major U.S. indices the worst trading session in over a month. To start the day, all three major U.S. indices traded lower only to rebound in...
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On December 12, Leidos (LDOS) announced it received a contract award from the Defense Information Systems Agency (DISA). The contract has a give-year base period of performance with another three-year of options and is worth $6.5 billion. Leidos...
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With only a few trading sessions left in 2019, traders remain optimistic heading into 2020 as both Chinese and U.S. officials appear to be on track for a partial trade deal. President Trump declared the “deal is done” on Tuesday while Chinese...
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