Global computing giant NVIDIA has been on a tear since bottoming around early June. Then last week, the stock deflated after the company posted strong earnings and delivered moderate guidance. Nevertheless, the pattern of higher highs and higher lows is indicative of a sector leader. NVIDIA certainly fits the bill; the semiconductor index often takes…
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The markets are on a steady march higher and show no signs of slowing down. So why is now the perfect time to buy put protection? At this point in the bullish rally, it is not uncommon to have a pullback. It could be significant or rather mild. Either way, a pullback after a rip-roaring…
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Have you ever wondered why seasonal trading trends take hold around the holidays? In November, the bears go into hibernation and the bulls charge forward. It’s a documented phenomenon. When the SPX 500 is up 20% or more for the year through October, it will increase another 5% or so in November and December. Think…
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How to Trade Volatility to Your Advantage – Webinar Recap Trying to manage trades around volatility is a tricky needle to thread – especially for options traders. This year has certainly brought its fair share of extreme VIX readings. If you knew how to trade volatility, you probably faired OK. If you didn’t, you probably…
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Deckers Outdoor is a premier retailer in the western US, Canada and select areas in Asia and Europe. The company’s stock has had its shares of ups and down, as evidenced by the daily chart below. Last summer’s chart clearly shows erratic price action and steep drops. Since it plummeted in late July (due to…
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Unless you have been living under a rock, you are aware of the IPO mania around names like Beyond Meat, Uber, Lyft, Pinterest, Zoom, and Smart Dental – to name a few. None of these names were able to live up to the hype. Oh, sure, Beyond Meat soared up to the 200 level, and…
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Jim Cramer and Bob Lang Discuss Consumer Luxury Goods In this segment of Off the Charts, Jim Cramer looks at some of the top names in consumer luxury. We’re not talking about private jets and diamond jewelry, though! Using Bob Lang’s analysis, he discusses the consumer luxury goods charts of companies that specialize in motor…
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Technical and sentiment indicators just turned bullish. Are you surprised? You’re not the only one. Last week, I wrote about the wall of worry, which was very high. Traders were feeling bearish, even though it appeared price action was ready to turn bullish. In essence, they could not see the forest through the trees. Anyone…
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Keysight Technologies has been a strong name in the semiconductor group recently. The company’s client list reads like a who’s who of the Fortune 100, and it has been catapulted into the best of breed category following some big design wins. Because the company is doing so well, the stock looks very strong. Note the…
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With market sentiment tilted towards the bears, a wall of worry is up. Why is a “wall” up, and how could it push stocks higher? Let’s discuss, because all roads lead back to market sentiment. Why a wall of worry is up Here at Explosive Options, we use market sentiment to help us find entry…
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