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.
Read Similar Articles
July 12, 2026
The Week Ahead: Here We Go Again
SECOND QUARTER EARNINGS The U.S.-Iran war seemingly erupted again this week, but the market ultimately shrugged it off. The S&P 500 rose to end just short of a record high on Friday, as a blockbuster Nasdaq debut of South Korea’s SK Hynix fueled optimism about memory-chip makers, while investors looked ahead to quarterly earnings season kicking […]
Read Article
https://www.prospertrading.com/bauer-sk-hynix-ipo-070926/
July 10, 2026
SK Hynix IPO: Caution Ahead Despite the Hype
The SK Hynix IPO is one of the most anticipated listings in recent memory, arriving seven times oversubscribed before it even opened. Scott Bauer joined Fox Business yesterday to break down what traders should actually expect and why the SpaceX playbook is worth studying before you jump in.
Read Article
https://www.prospertrading.com/charlie-moon-asml-070626/
July 8, 2026
Charlie Moon Trades ASML on Schwab Network
Charlie Moon joined Schwab Network to break down a live options trade on ASML, a semiconductor name he says is approaching a level that could determine its short-term direction entirely. Here’s the setup and exactly how he’s playing it.
Read ArticleSign Up to Receive the Latest Trading Tips and News from Prosper
Most Popular
CONNECT WITH US
Read Similar Articles
July 5, 2026
The Week Ahead: Happy 250
The 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 Article
June 28, 2026
The Week Ahead: Darn Inflation
A 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. […]
Read Article
June 21, 2026
The Week Ahead: We Got Warshed
Equities finished the holiday-shortened week with a more complicated message than the headline indexes suggested. The Dow Jones Industrial Average pushed to new records this week, helped by industrials and financials, while the broader market wrestled with a hawkish Federal Reserve, rising 2-year yields, and an increasingly narrow technology trade. The week’s major geopolitical headline was […]
Read Article