Category Archives: Market News

Spider Small-Cap 600 ETF (SLY) Down 3-straight Sessions

The Spider Small-Cap 600 ETF (SLY) extended its losing streak to 3-straight sessions after trading to an intraday low of $51.08 while closing back below its 50-day moving average. Near-term and upper support at $51.50-$51 was breached but held. A close below the latter would be an ongoing bearish signal with additional pullback potential towards […]

NextOptions.com Index and Earnings Options Play List for 5/5/2020

Before the open: AMC Networks (AMCX), Black Knight (BKI), Dominion Energy (D), Fiat Chrysler Automobile (FCAU), Gladstone Capital (GLAD), Haemonetics (HAE), Incyte (INCY), Jones Lang LaSalle (JLL), L3Harris Technologies (LHX), LendingTree (TREE), MGM Growth Properties (MGP), Newmont Mining (NEM), Premier (PINC), Sealed Air (SEE), TopBuild (BLD), US Foods Holding (USFD), Wayfair (W) After the close: […]

Market Update for 2/5

Bulls Extend Winning Streak to 3-Straight 5:00pm (EST) The market was higher for the 3rd-straight session on Wednesday as private sector employment soared with additional better-than-expected economic news keeping the bullish sentiment intact. The reported number of coronavirus cases of the deadly disease continues to rise in China but didn’t dampen enthusiasm as the outbreak […]

Virgin Galactic (SPCE) Calls Return 650%!

Virgin Galactic (SPCE, $17.21 down $1.91) SPCE April 15 calls (SPCE200417C00015000, $4.80, down $0.70) Entry Price: $0.50 (1/7/2019) Exit Target: $7.50 (closed half at $2.50 on 1/15/2020) Return: 650% Stop Target: $5 (Stop Limit) Action: The Stop Limit at $5 tripped on Friday’s continued weakness in the stock.

iShares Russell 1000 (IWF) Update for 1/2/2020

The iShares Russell 1000 (IWF) snapped a 2-session losing streak with the late day peak reaching $176.06. Near-term and lower resistance at $176-$176.50 was cleared but held. A close above the latter would be a bullish signal for a retest towards $177.50-$178 and fresh record highs. Current support is at $175-$174.50. A close below the […]