Stocks

Options: How to Trade Takeovers

by Options Sensei

Yesterday, financial media revitalized the term “merger Monday” as some $60 billion in deals were confirmed.  A few such as LVHM’s bid for Tiffany (TIF) has surfaced a few weeks ago. But, others such as Schwab’s...

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Market Mover: Discover Financial (NYSE: DFS)

by Christian Tharp, CMT

DFS has hit the $85 mark (red) as resistance multiple times over the past few months. The stock has made it close to that level once again and could be looking to finally break higher. A solid close above $85 should lead to much higher prices for...

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Market Mover: Qorvo $1B Stock Buyback

by Market Movers

On October 31, Qorvo (QRVO) reported that the company’s Board of Directors authorized a new $1 billion share repurchase program. The new program includes $117 million that was authorized in a prior repurchase program. Qorvo is a leading provider...

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Global Markets Ready to Break Out?

by Options Sensei

While U.S. indices, most notably the S&P 500 Index (SPY) are hitting all-time highs, most other countries or composite global indices are still well below one, three, and five-year highs. After years of the U.S. stock market...

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Mover Alert: Green Plains (NASDAQ: GPRE)

by Christian Tharp, CMT

GPRE has a formed an important level of support at $10 (green). The stock looks like it may be making its way back down to there again, and traders might be able to expect some sort of a bounce, if it does. However, if the $10 support were to...

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Mover Alert: JD.Com Inc (NASDAQ: JD)

by Christian Tharp, CMT

JD has hit the $32 mark as resistance several times over the past few months. The stock now sits just a couple ticks below it. A solid close above $32 should lead to another leg higher for JD. JD.com, Inc., through its subsidiaries, operates...

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Weekly Mover: Square Inc (NYSE: SQ)

by Christian Tharp, CMT

During the past 4 months, SQ had formed a very important level of support at $60 (red). Last week saw the stock break below that support. Not only does that imply lower prices overall for SQ, but the $60 level should now act as resistance on any...

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