The Limitations of Max Pain Theory For Options Traders (into Op-ex)
The Max Pain theory suggests that stock and commodity prices will often move towards specific prices on specific option expiration dates. “Max pain” is the price...
Amazon’s (AMZN) Steep Stock Decline: Where’s The Bottom?
Amazon's (AMZN) stock price decline has accelerated toward key areas of price support, that are worth highlighting as the stock looks for a tradable...
U.S. Equities Update: Recession, Prolonged Bear Market Unlikely
The popular stock market averages fell nearly 4.00% last week.
U.S. equities continue to be adversely impacted by rising interest rates, the negative influence of...
S&P 500 Forecast: Market Correction Will Get Choppy This Week
The S&P 500 (NYSEARCA: SPY) and broader stock market indexes were pounded last week by mixed earnings and news of mail bombs.
Global investors also...
Weekend Market Outlook: Is A Bottom In Sight?
The S&P 500 had its second sharp drop in the past three weeks. Markets don’t turn until we get a long lower shadow with...
The Stock Market Drinks Brandy For Hypothermia
Avalanche victims allegedly drank the brandy in the St. Bernard’s barrel to say warm while they waited for rescue.
After this past week, I am...
S&P 500 Technical Update: Gauging The October Market Correction
The stock market, as defined by the S&P 500, has seen some technical damage from a near term perspective and some on an intermediate...
S&P 500 Correction Testing Bull Market Trend Support
In the scheme of the greater secular bull market, the current stock market correction is a blip on the radar.
However, if the recent acceleration...
Amazon’s Stock Price Plunges On Weak Sales, More Risk Ahead
Amazon (NASDAQ:AMZN) traded 10% lower on Friday morning, after beating Wall Street expectations for the bottom line but missing on the top line.
The ecommerce...
Can The Stock Market Clear Resistance?
On Wednesday night, after reporting all the breakdowns I asked, “Is there good news?”
One answer I came up with is, “Perhaps if Biotechnology IBB...
