Daily Bite February 1: Market Analysis and Chart Review
In today’s Daily Bite, Bob Lang covers the SPX, Russell 2k, Dow, Jobs Report, MSFT, GOOG, QCOM, NSC, ETSY, Oscillators, and META.
In today’s Daily Bite, Bob Lang covers the SPX, Russell 2k, Dow, Jobs Report, MSFT, GOOG, QCOM, NSC, ETSY, Oscillators, and META.
The Fuse Equity futures are on the rebound today after a horrendous end of January. SPX 500 fell 1.6% and halved the gains for the month up to that point. However, markets did finish higher for January by more than 1%, save for the Russell 2K which is off to a terrible start in 2024,…
DetailsIn 2023, our Spread Trader portfolio was on fire – up nearly 20% in REAL dollars! So we thought we’d kick off the year with an options trading webinar that provides a comprehensive introduction to spread trading. If you have always wanted to learn more about this high-probability, low-risk options trading strategy, this webinar is…
DetailsChart of the Week: ServiceNow This week we’re going to be featuring ServiceNow, symbol NOW. We’re going to do something a little bit different today. We’re going to look at three different charts on two different timeframes. The daily on two different charts and we’re going to look at the weekly on another platform, too,…
DetailsThe Fuse Equity futures are getting hammered following some heavy earnings reports that seemed to have disappointed anxious investors. Stocks have been on the move this month in anticipation of strong earnings and guidance. Some are delivering but as we saw last night, perhaps the move in stocks this month was just a bit too…
DetailsThe Fuse Equity futures are soft this morning after a very strong rally ensued just before the close on Monday to put the SPX 500 index on the precipice of 5K. Big earnings are out after the close tonight and may offer some direction. Only two days left in the month of January at it…
DetailsI often preach the virtue of being patient when trading options. It’s one of the basic tenets all options traders live by (or try to). However, you have to balance being patient with managing options time decay. Now if you’re investing over the long-term in stocks, you don’t have to worry about time decay. You…
DetailsIn today’s Daily Bite, Bob Lang covers the week ahead, GDP, Nasdaq, S&P Futures, NYHL, ADD, Oscillators, SPY, META, XOM, BA, QCOM, MA, AXP, and PSX.
The Fuse Stocks are mixed this morning but grinding their way higher as the SPX 500 has its sights set on moving past 4,900 this week. As we enter a seasonally strong period (a week or so) for stocks, there are many cross-currents this week but there is plenty of opportunity for stocks to rise…
DetailsThe Fuse Stocks are likely to open up lower on this Friday following some weak action overseas and poor reaction to some earnings releases last night. As we head for the end of January trading next week there is a seasonally strong period ahead the lasts until the end of the month, which could take…
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