How many times have you bought a stock just because you thought it could go higher? I don’t know about you… but it’s happened to me a lot when I first started trading. I was buying stocks for no rhyme or reason… I was just buying them because I felt they could run higher. Well, … Read more
After rising the previous week, interest rates fell back again last week, but consumers were not enthused. Overall mortgage application volume fell 1.9% for the week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was still 34% higher than a year earlier, thanks to a stronger refinance market this year. The average contract … Read more
U.S. stock index futures were cautiously lower on Wednesday morning as investors kept a close eye on U.S.-China trade links and monitored corporate earnings. As of 06:05 a.m. ET, Dow futures were down by 81 points, suggesting an implied open of around 90 points lower. Futures on the S&P 500 and Nasdaq were also marginally … Read more
Free Fibonacci Trading Class. Apply Fibonacci to Your Charts and Identify High Probability Setups Free TheoVideo Report – for Tuesday, July 23, 2019 by Corey Rosenbloom Wednesday and Thursday will provide dozens of opportunities to trade major stocks announcing earnings. From butterflies to vertical spreads to intraday opportunities, strike now while the opportunities are hot. … Read more
Dave Lukas is the newest addition to Raging Bull’s group of WORLD CLASS traders. With Dave’s strategy you will learn how the SMART MONEY uses a Secret Sunday Strategy to win a whopping 90% of the time. We know what you’re thinking… 90% win rate? You’ve GOT to be kidding me!? Well guess what, we’re … Read more
The value of an option contract is based on several factors. They include the risk-free interest rate, time to expiration, the price of the underlying stock, the strike price, and the volatility. You see, unlike stocks where the only thing that matters is price movement, options are multi-dimensional. And if you are not taking into … Read more
One of Wall Street’s long-time bulls believes a potentially stomach-churning pullback is unfolding in the market reminiscent of the mayhem of May. Canaccord Genuity’s Tony Dwyer blames too much enthusiasm surrounding all-time highs and overbought conditions. But don’t fear. He contends a pullback will create a solid buying opportunity. “It’s kind of like it was … Read more
U.S. stock index futures jumped on Tuesday morning after a number of better-than-expected earnings. As of 7 a.m. ET, Dow Jones Industrial Average Futures futures were up 98 points and pointed to an implied open of around 114 points, while futures on the S&P 500 and Nasdaq 100 also climbed. Coca-Cola and United Technologies shares both jumped … Read more
While earnings season just began, we’ve already seen a fair share of volatility from stock reporting. For example, the other day, Netflix disappointed on its Q2 subscriber growth numbers, which crushed the stock price by nearly 11% overnight. On the other hand, stocks in the banking sector barely moved after their earnings announcements. For example, … Read more
Stocks opened slightly higher on Monday ahead of a big week for earnings. The gains came even as expectations of aggressive policy easing from the Federal Reserve dampen. The Dow Jones Industrial Average traded 31 points higher, or 0.1%. The S&P 500 gained 0.2% while the Nasdaq Composite advanced 0.3%. More than a quarter of … Read more