Stocks
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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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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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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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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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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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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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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