Stocks

Mover Alert: Uber Technologies

by Christian Tharp, CMT

Over the course of the past couple of months, UBER has formed an important level to watch at the $30 (blue) mark. That level was support back in October, support and resistance in November, and now the stock is hitting $30 as resistance again....

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Why We’re Bullish on Charles Schwab

by Options Sensei

Charles Schwab (SCHW) made headlines twice in the past two months with two bold moves that are changing the landscape of the brokerage business and positioning it to dominate the money management industry for years to come. The first bold...

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Options: How to Trade Takeovers

by Options Sensei

Yesterday, financial media revitalized the term “merger Monday” as some $60 billion in deals were confirmed.  A few such as LVHM’s bid for Tiffany (TIF) has surfaced a few weeks ago. But, others such as Schwab’s...

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Market Mover: Discover Financial (NYSE: DFS)

by Christian Tharp, CMT

DFS has hit the $85 mark (red) as resistance multiple times over the past few months. The stock has made it close to that level once again and could be looking to finally break higher. A solid close above $85 should lead to much higher prices for...

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Market Mover: Qorvo $1B Stock Buyback

by Market Movers

On October 31, Qorvo (QRVO) reported that the company’s Board of Directors authorized a new $1 billion share repurchase program. The new program includes $117 million that was authorized in a prior repurchase program. Qorvo is a leading provider...

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Global Markets Ready to Break Out?

by Options Sensei

While U.S. indices, most notably the S&P 500 Index (SPY) are hitting all-time highs, most other countries or composite global indices are still well below one, three, and five-year highs. After years of the U.S. stock market...

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Mover Alert: Green Plains (NASDAQ: GPRE)

by Christian Tharp, CMT

GPRE has a formed an important level of support at $10 (green). The stock looks like it may be making its way back down to there again, and traders might be able to expect some sort of a bounce, if it does. However, if the $10 support were to...

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