In today’s video, we discuss the extreme trendline support that is running into overhead resistance. What’s more, there is a trade for it: Short $DRI.
In today’s video, we discuss the extreme trendline support that is running into overhead resistance. What’s more, there is a trade for it: Short $DRI.
Renewed geopolitical risk, rising oil prices, and disappointing reactions to mega-cap earnings gave investors plenty to digest this week. The two biggest market headlines this week were GOOGL’s capex spending and renewed escalation in the Middle East. More on the GOOGL spending below. Brent crude traded above $100 per barrel, while the U.S. benchmark, West […]
Read ArticleIntel posted a strong earnings report this morning and the stock is selling off anyway. Scott Bauer joined Schwab Network today to explain why he thinks the market is getting this one wrong and how he is positioning around it.
Read ArticleCharlie Moon joined Schwab Network’s Big 3 segment to break down three trades across some of the most active names in the AI buildout right now. Here’s his read on the market and exactly how he’s positioning.
Read ArticleScott Bauer joined the IBKR Podcast this week to break down what moved markets last week and what investors need to watch heading into the next stretch of earnings season. From lagging inflation data to big tech CapEx concerns, Scott did not hold back.
Read ArticleThe Dow rose more than 1% to a record closing high on Thursday ahead of the long holiday weekend as a softer-than-expected U.S. jobs report eased worries about interest rate hikes, while another sharp drop in chipmaker stocks weighed on the Nasdaq. The second half of 2026 kicked off this week much the same as […]
Read ArticleA renewed sell-off in technology stocks grabbed headlines this week. The Nasdaq index fell 4.5%, closing lower 5 days in a row, led by a large 5.5% decline in the so-called Magnificent 7 mega cap names. Meanwhile, the post IPO exuberance around SpaceX appears to be fading, with shares now down 25% from their peak. […]
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