Thursday, January 9, 2025
Shares of Bank of America (BAC) reached “oversold” levels after falling for eight-straight sessions. It held its 50-day moving average while recently announcing fourth-quarter earnings. The chart below shows the RSI (relative strength index) for the stock recently hitting 40, as well as levels from late October. You will also see RSI reached 30 in […]
In investing, history can be a useful guide to what to expect moving forward. However, its usefulness only goes so far. There’s always something new and surprising in the financial markets that investors have never seen before. Last year it was negative oil prices. This year, it’s the stock squeezes occurring with names like GameStop […]
American Airlines (AAL) saw plenty of options action last week, along with several other stocks that have been heavily shorted. Airlines have struggled with the ongoing pandemic so they’ve attracted plenty of short-sellers. However, traders have been targeted these down and out stocks for heavy out-of-the-money call buying in an effort to squeeze the stock […]
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With stock market valuations sitting near 20-year highs, investors are hoping corporate results and profit outlooks will help determine to what degree the valuations are justified. The catalyst that will drive the market to higher highs over the near-term will be the current fourth-quarter earnings season that will carry over into mid-February and a month […]
Mobile video game maker Zynga (ZNGA) saw significant options activity last week. On a big volume day, ZNGA options traded 9x the normal options volume. 96% of the options action was in calls, which is generally a bullish sign. ZNGA has earnings on February 10th, and this could be a bet that the company is […]
To watch today’s Serge Berger Weekly options trade please click the video button.
As popular as gold is as an investment, it’s not necessarily easy to pinpoint what type of investment gold is. Is it a safe-haven asset? A hedge against inflation? A currency? A store of value? Maybe it’s all of the above… The thing is, the type of investment gold is depends on the market environment […]
Virgin Galactic (SPCE) has been a popular stock this past year, but it got a huge boost this past week. SPCE jumped 20% on news that ARK Invest will be creating a new space ETF. ARK ETFs are quite heavily traded, so being added to any of the ETFs is generally a boon for the […]
Enjoy today’s video from Serge Berger on January 14, 2021
