Stocks

Does Tech Really Dominate the Market?

by Options Sensei

The headlines are filled with talks of tariffs, Russia and rates. Oh, and earnings are about to come gushing through our streaming screens. But what has quietly becoming disconcerting to some of even the verdant bulls (investor sentiment just hit...

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ABC trades within large range

by Christian Tharp, CMT

After peaking at the end of January, ABC has fallen into a rectangle pattern. While in the range, the stock has formed a key resistance level at $95 (red), and a clear $82 support (green).  At some point the stock will have to break one of the two...

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S&P 500: Will July Slide Lead to a Rollover?

by Options Sensei

Just Monday, it was hard to miss the cowbells and crowing on Twitter of how clean Monday’s low was… how easy it was to pick off — how anybody who’d missed it must be an idiot.  What do these folks do if the SPX snaps 2700 here and follows...

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Trade War: Why the Stock Market Isn’t Worried

by Options Sensei

In the early days of the Trump administration, stocks and the overall market would drop or pop on his every tweet. Now traders mostly ignore all but the most severe and credible ones. Talk of a trade war is no exception. While some industries are...

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Bank Of America Spots An €800 Billion Cliff

by Options Sensei

Ever since the ECB commenced buying tens of billions of sovereign and corporate bonds, it is undeniable that Europe’s economic picture brightened substantially, eliminating occasional flash crises such as Greece and Italy which had a contagious...

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Options: Everything you need to know!

by Options Sensei

Today we provide you with an essential reading list about options trading. Learn about techniques, jargon, and much more through the books we highlight here. With July 4th just around the corner, summertime offers an opportunity to lather on the...

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ACAD descends

by Christian Tharp, CMT

ACAD has formed key support in the $15 (green) area over the past couple of months. The stock is also declining against a down trending resistance line (red). These two levels combined have ACAD stuck within a common chart pattern known as a...

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