Tuesday, November 26, 2024
After ATVI’s share priced gapped from $77.50 to $67, the gaming stock is oversold on the relative strength index (RSI), moving average convergence divergence (MACD), and Williams’ %R momentum indicator. In fact, the last few times these indicators were this oversold, shares of ATVI pushed higher shortly after. At the same time, it’s tough to […]
“Options are the same as stocks, just cheaper!” Ever heard a pitch start like that? Well, it’s wrong. Crazy wrong. Options trade much differently than stocks, and thus why it’s easier to lose money with options. (and this is coming from a 20+ year options trader). One key difference is options use of “implied volatility.” […]
Cryptocurrencies have been red hot, as we noted on November 5. So it came as no surprise when Bitcoin hit a new all-time high of $66,566 a day later. The surge is all thanks to retail and institutional interest, as well as JP Morgan, which says Bitcoin could be headed to $146,000. “The re-emergence of […]
Many technology stocks share a similar fate: they are at the mercy of unrealistically high expectations from Wall Street. If they don’t meet these “pie-in-the-sky” expectations, their stock is savaged. We saw a perfect example of this recently with Twilio (TWLO). This company provides tools to firms, such as Uber, that want to integrate their […]
In the middle of last month, I spent two days on the road to pick up a new travel trailer I purchased from an out-of-state dealer. While driving during stock market hours, I use SiriusXM radio to listen to CNBC and Fox Business, keeping up with the day’s financial news. While I enjoy the information, […]
There are a number of ways to trade the emerging growth in the cannabis industry, but the sector certainly has its risks and rewards when considering an investment. The price swings in any particular stock can be massive based on the news cycle and which states (and countries) might, or might not, be moving in […]
Nvidia (NVDA), the graphics card giant, was up 12% one day last week. The company announced it would be creating a platform for metaverse technology, and the stock took off. The metaverse is the latest buzzword in the investment space and refers to collaboration in the virtual world. An interesting, out-of-the-box trade idea is to […]
Unusual options volume can help you find trading opportunities, but also trades to avoid. Sometimes, instead of looking for the most action, the best course is to look at relative action. For instance, if a stock has options that are trading 100x the normal amount, it may be worth looking into. In the case of […]
Dear Reader, Talking about investment yields and returns can be confusing, and actually understanding what happens can be even more daunting. However, we are trying to make money on our money, and understanding potential returns – both as percentages and dollars – helps separate good opportunities from those that are less attractive. If you have […]
There is no doubt that social networks have completely changed our society. A few generations ago, young people wanted to become teachers, doctors, policemen, or some other type of professional. But no longer: a 2019 survey conducted by Morning Consult showed that more than half of the 2,000 Gen Z and millennials surveyed want to […]
