In today’s video, I discuss some major support areas in the S&P 500. Did the market reach one Friday near its lows? Will traders sell positions into the close because they don’t want to be long through the weekend? If it doesn’t hold, the levels mentioned in the video will be even more important.
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The big surprise today in the biotech/healthcare space was ESPR, Esperion Therapeutics. After trading up over 8% higher in the pre-market, the stock promptly sold off its gains after the bell. But then, towards the middle of the day, the stock proceeded to rally not only to recoup its lost gains but to press up […]
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Volatility is front and center. This type of volatility is only seen once every 50 years, as described by Mr. Urban C, a brilliant mind with a Wharton pedigree. In today’s video, I cover just how wild a ride we are having this month and some amazing stats. What I will remind you is that […]
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The SPY told a story weeks ago about the upcoming drop. I will quickly explain the signs and give a chart to show you exactly what I am talking about. I have highlighted three points in the markets you should know about as a trader. This is the $SPY on a daily chart. The […]
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Titan Pharmaceuticals had a sharp pullback today. The stock had rallied consistently since October 17th, but today’s pullback moved us back to $0.38 on the low of the session after trading as high as $0.63 on the high of this month. Fundamentally there are no substantial changes in the stock, but the primary driving force […]
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The selloff in U.S. stocks accelerated on Wednesday, wiping out gains for the year in both the DJIA and S&P 500 Index, while the Nasdaq lapsed into a correction. It was the largest daily decline on Wall Street since 2011, but the volatility pendulum is attempting to swing back, with U.S. stock index futures posting gains […]
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American Airlines (Ticker: AAL) is set to release their quarterly earnings report tomorrow. Click below to watch this video on how we constructed our play for this very important report. Please follow me on Twitter: @cboesib
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With one week to go to Halloween, the market got a jump on spooking everyone. Yesterday’s wild ride saw the Dow down 550 on the lows, working aggressively back to near steady on the day, only to close down 125 points. This market drop is uncomfortable but should be no surprise. Key indicators were pointing […]
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Stocks across the globe saw some relief overnight, though equities in the U.S. are still spooked with volatility returning to the market. Wall Street’s three major indexes slumped early Tuesday but ended well off the day’s lows as investors snapped up beaten-down shares late in the session. Futures are now posting declines ahead of the open […]
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While the markets were quite volatile today, with most sectors trading lower until rallying sharply into the close, some stocks trended well throughout the session. One example is TTNP, which is a stock our biotech signal classroom was alerted to enter on October 18th. The stock has been up and down since then, but today […]
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