Stocks

Netflix At Critical Resistance Level

by Christian Tharp, CMT

NFLX had formed a major area of resistance around the $385 level (green) during the past two years. However, the stock broke through that resistance yesterday. If NFLX comes back down to that $385 level, which should now act as support, a bounce...

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Market Keeps Gains After FOMC Minutes Release

by Vlad Karpel

U.S. markets are seeing support from strong economic reports and the tail end of earnings season All three major U.S. indices closed in the green today after seeing mixed results on Tuesday. Growing Coronvirus concerns continue to pressure global...

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Markets Dip With Spreading Coronavirus

by Vlad Karpel

Growing global Coronavirus concerns push shares down One day after the release of last month’s FOMC minutes pushed major U.S. indices to close near all-time highs, markets are seeing pressure from growing global Coronavirus concerns, causing...

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Why Is the Stock Market Already Trading Up 6.5% In 2020?

by Options Sensei

The stock market continues to power to consecutive new highs; as measured by the “SPDR 500 ETF (SPY)” already up some 6.5% for the first six weeks of the year. And, despite a variety of events, from the Iran/Iraq missile issue to the current...

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Markets Move Higher as Earnings Season Winds Down

by Vlad Karpel

Coronavirus continues to grow All three major U.S. indices are on the move up today ahead of Fed Chair Powell’s congressional testimony as well as the tail end of the latest corporate earnings season. Over in China, the Coronavirus continues to...

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