Shares of ORLA Now Oversold
Orla Mining Ltd (ORLA) shares slipped to $12.03 on Friday, pushing the stock into oversold territory with a Relative Strength Index of 28.8. The RSI reading falls well below the 30 threshold that signals excessive selling, while the broader metals sector averages an RSI of 46.4. ORLA’s 52‑week range spans $9.16 to $21.98, and the stock was down about 2.1% on the day. Analysts suggest the low momentum could set the stage for a short‑term rebound.
USDCHF Trades New Lows for the Week but Also Near Key 100 Day MA Support
The USD/CHF pair slipped to a weekly low of 0.7839 on Monday, briefly breaching its 100‑day moving average around 0.7840 before buyers stepped in. Mid‑week, the pair rallied to test the 50% Fibonacci retracement at 0.7901, where sellers held firm,...
Stocks Tread Water — but a Wave of Volatility Is Building
The S&P 500 closed flat on Thursday but technical analysis shows multiple sell signals, including equity‑only put‑call ratios and market‑breadth oscillators. Nvidia’s earnings failed to meet inflated expectations, reinforcing the market’s volatility backdrop. The VIX remains confined to a tight range,...
GBP/CHF Rebounds as UK Fiscal Worst-Case Fears Fade, Head-and-Shoulders Bottom Forming?
Sterling rallied this week as fears of a UK fiscal crisis receded, driven by Andy Burnham’s market‑friendly remarks and an IMF upgrade to the 2026 growth outlook. The softer political tone and lower oil prices trimmed the UK risk premium,...
Satellite Stock 'Buy' Signal Could Mean More Gains
AST SpaceMobile (ASTS) rose 1.6% to $88.21 after clearing a key trendline and topping its 50‑day moving average, marking its fifth consecutive gain. The stock has surged 257% year‑over‑year, rebounding from a five‑month low of $63.43. Quant analyst Rocky White...
Sell on the Pop Prospects: May 20 Edition
The May 20 edition of Sell on the Pop Prospects highlights 22 ETFs that meet a dual‑screen of long‑term downtrend (50‑day MA below 200‑day MA) and short‑term upside (price above 20‑day MA). The list features a range of leveraged and sector‑specific...
The AUDUSD Finds Support Buyers and Bounces Higher.
The Australian dollar slipped to a weekly low of 0.7119 after failing to break the prior week’s high of 0.7277, finding support near the 0.7100‑0.7111 swing zone. Traders now see a 100‑pip range between 0.7100‑0.7111 support and 0.7194‑0.7200 resistance, with...
ConocoPhillips Put Options Look Attractive to Short Sellers as Oil Rises
Oil prices have surged above $105 per barrel, lifting ConocoPhillips (COP) shares to $122.41, a 2.9% gain on May 15. The rise revives a cash‑secured short‑put strategy that previously generated a $122 profit when a $110 put expired worthless. With elevated...
Buy or Sell: Sumeet Bagadia Recommends Three Stocks to Buy on Monday - 18 May 2026
Indian benchmark indices slipped on May 15, with the BSE Sensex down 161 points (0.21%) to 75,237.99 and the NSE Nifty 50 falling 46 points (0.19%) to 23,643.50. The pull‑back was fueled by profit‑taking, a record‑low rupee and Brent crude trading above...
The Stock Market Rally Can Keep Going Despite Friday's Pullback. How to Stay Long While Hedging Slightly
The S&P 500 surged to a fresh all‑time high of 7,500 on May 15, marking its 18th record this year and the seventh in May alone. A 27% year‑on‑year earnings jump in Q1, far outpacing the 8.6% historical average, underpins the rally...
Too Far, Too Fast? Stocks Like Micron Are Very Stretched Compared to Historical Trading Patterns
A CNBC Pro screen shows semiconductor and AI‑infrastructure stocks soaring far above their 200‑day moving averages, with Intel, Micron, AMD and storage players like Seagate and Western Digital up more than 40% year‑to‑date. The rally has pushed these names into...
Bank of America Massively Resets Micron Stock Price Target After Surge
Bank of America sharply raised its Micron Technology price target from $500 to $950, reflecting a fundamental reassessment of the memory market’s growth potential. The upgrade stems from BofA’s expanded view of the AI data‑center total addressable market, now estimated...
The Buying and Selling in the USDJPY Cannot Be Sustained in Either Direction
The USDJPY pair swung sharply today, dropping from the 157.97 resistance to a low near 157.30 before rebounding. The decline breached key swing lows from March 19 and April 17 and slipped beneath the 100‑hour and 100‑day moving averages, creating...
Whip Up Profit From Starbucks Stock Using Cheaper-Than-Usual Options
Starbucks (SBUX) is trading with unusually low implied volatility, making out‑of‑the‑money options relatively cheap. A long strangle using a $100 put and $110 call expiring July 17 costs roughly $5.90 per contract, or $590 total risk. Breakeven levels sit near $94.10...
What Makes Apple (AAPL) a Strong Momentum Stock: Buy Now?
Apple (AAPL) earned a Zacks Momentum Style Score of A and a Zacks Rank of #2 (Buy), positioning it as a strong short‑term momentum candidate. The stock has risen 4.7% over the past week, 12.92% month‑to‑date, 14.43% in the last...
Mid-Session IV Report May 12, 2026
The mid‑session IV report for May 12 2026 shows a surge in implied volatility for a cluster of tech and mining stocks, with MP Materials hitting a 30‑day IV of 72 and Oklo spiking to 156. Copper prices have risen to $14,000...
This Chocolate Stock Is Beginning to Turn Around After Steep Two-Month Slide. How to Capitalize on It
Hershey (HSY) plunged about 25% over two months, sinking from its March 1 peak of $239.48 to roughly $179. The April 30 earnings report revealed a strong rebound in first‑quarter sales and revenue, sparking a modest price recovery. Technical analysis shows bullish...
Goldman Sachs Says the S&P 500's Run Past 7,100 Is 'Froth' — a Previous Time Wall Street Said that, a...
Goldman Sachs warned that the S&P 500’s recent climb past 7,100 is driven by market “froth” rather than solid fundamentals. The bank’s traders see the rally as unsustainable, citing the resurgence of the Iran‑related conflict and rising oil prices. Inflation rose...
ExxonMobil Stock Pulled Back 15%. Is It Time to Buy the Dip?
ExxonMobil’s stock slipped about 12% from its recent high as oil prices eased to roughly $100 a barrel after a surge driven by the Iran conflict. The dip comes despite the company’s strong position with low‑cost, high‑quality assets in the...
US Premarket Movers for May 12, 2026
U.S. equity futures opened lower on May 12, with the S&P 500 Index futures down about 0.4% by early New York trading. The slide was driven primarily by a pullback in high‑flying technology shares that had surged in recent sessions....
Gold, Housing Plays Take a Hit as Modi's Austerity Pitch Rattles Consumer-Facing Stocks
Prime Minister Narendra Modi urged a year of financial restraint, telling Indians to delay gold purchases and cut discretionary travel. The remarks triggered a sharp sell‑off in consumer‑facing stocks, with jewellery makers like Titan, Kalyan Jewellers and Senco Gold falling...
Sell in May and Go Away—Starting With These 3 Stocks
Oxford Club chief income strategist Marc Lichtenfeld advises investors to sell three names—DexCom, Colgate‑Palmolive and Oracle—as a disciplined take‑advantage of the historic “sell in May” seasonality. He argues that each stock shows weakening fundamentals: DexCom’s growth is slowing amid competition...
Oil Price Charts Produced a Pattern Not Seen in 36 Years. What Happened Last Time?
Brent crude’s 50‑day moving average broke the $100 barrier and sits 35 % above its 200‑day line, a spread not seen since December 1990. The last time this gap widened, prices peaked within weeks and then fell, even as the Relative Strength...
How to Build Technical Analysis and Backtesting Workflow with Pandas-Ta-Classic, Strategy Signals, and Performance Metrics
The tutorial walks through building a full technical‑analysis pipeline with the open‑source pandas‑ta‑classic library, yfinance data, and matplotlib visualizations. It shows how to compute popular indicators—SMA, EMA, RSI, MACD, Bollinger Bands—and to craft a custom multi‑indicator strategy that blends daily...
Micron Stock Feels Unstoppable and That’s Good for This ETF
Micron (MU) has surged 75% year‑to‑date, lifting its market value to about $842 billion and putting a $1 trillion valuation within reach. The rally is driven by exploding AI‑accelerator demand that is turning DRAM from a cyclical commodity into a structural growth...
Copper Shrugs Off Middle East Uncertainty to Eye Record High
Copper is approaching its highest ever close, trading around $13,730 per ton on the LME, as broader base‑metal prices rise despite the US‑Iran standoff. Tight supply, declining Chinese inventories, and strong demand from clean‑tech exports are driving the rally. Analysts...
PSEi up on Cautious Bargain-Hunting
The Philippine Stock Exchange index (PSEi) climbed 0.43% to 5,986.85 on May 11, driven by bargain‑hunting after first‑quarter earnings releases. Property stocks led the gains while conglomerates and miners lagged, and trading volume was thin—about 1.28 billion shares worth roughly $99 million. In...
The Cheapest AI Stock Is Following Nvidia’s 700 Percent Playbook—And It’s Not Who You Think
Micron Technology (MU) has surged from $370 to $747 per share in four weeks, delivering a 162% gain in 2026 and more than 700% since this time last year. The chipmaker trades at roughly 13 times consensus full‑year 2026 earnings and...
Nifty Bank Crashes 900 Points as SBI, IndusInd, Yes Bank, Other Lender Stocks Tumble up to 4%. What Lies Ahead?
The Nifty Bank index plunged nearly 900 points, falling about 2% to around 54,442 after State Bank of India reported weaker margins despite higher profit. SBI’s shares dropped 4% on the day and have lost 10% over two days, dragging...
Yen Intervention Caution Likely Capping Dollar’s Gains
Morgan Stanley expects the U.S. dollar index to retreat toward 95 as robust earnings boost equity markets and risk appetite improves, though this hinges on forthcoming U.S. data staying neutral. The strategists also see the dollar benefiting from a narrowing...
U.S. Stock Futures Fall, Oil Surges as Trump Calls Iran’s Latest Offer to End War ‘Totally Unacceptable’
U.S. stock‑index futures slipped on Sunday after President Donald Trump labeled Iran’s latest response to a U.S. peace proposal “totally unacceptable,” reviving concerns over Middle‑East tensions. The comment coincided with West Texas Intermediate crude climbing above $100 a barrel, while...
PAVE: Industrials Are Now An AI Play, Higher P/E Warrants A Downgrade
The Global X US Infrastructure Development ETF (PAVE) was downgraded from buy to hold as its price‑to‑earnings ratio surged toward 25×, reflecting stretched valuation despite strong seasonal momentum. The fund’s heavy weighting in industrials and materials now ties it closely...
Nifty 50, Sensex Prediction Today: Check How Indian Stock Market Is Expected to Trade on 11 May
Indian equities are expected to open lower on May 11 as global cues turn negative after the United States and Iran dismissed a peace proposal, sending crude oil higher. The Nifty 50 traded around 24,055 on the Gift Nifty, roughly 179 points...
StockWatch: EnGene Shares Crater on Declines in Complete Response Rates to Bladder Cancer Therapy
enGene (ENGN) shares plunged 83% after Phase II LEGEND trial data showed its gene therapy detalimogene achieved a 43% complete response at six months, far below the 62% benchmark previously reported. The updated data also revealed a 13.3% twelve‑month response and...
Share Futures Ease, Dollar Gains as Gulf Talks Teeter
Share futures in Asia slipped as the dollar edged higher following a deadlock in U.S.-Iran negotiations that left the Strait of Hormuz effectively shut. Brent crude jumped 2.8% to about $104 a barrel and U.S. crude rose 2.7% to $98,...
Oil-Price Bets Ahead of Iran War News Totalled $7 Billion, Reporting Shows
Reuters analysis uncovered a series of short positions on oil, diesel and gasoline futures worth roughly $7 billion that were executed minutes before four major U.S. announcements on Iran in March and April 2026. The trades, placed on ICE and CME...
Market Trading Guide: Buy Coforge and NBCC on Monday for Near-Term Gains of up to 7%
The Nifty closed sharply lower, slipping below the 24,200 level and the 50‑day EMA amid heightened US‑Iran tensions and rupee weakness. Technical analysts warn that the index could test the 24,050‑24,000 zone if it stays under 24,200, but a bounce...
Simply Put: Logging the Absolute Chart
The article demystifies logarithmic (log) charts by contrasting them with traditional absolute‑price charts. It shows that plotting log values converts raw price moves into percentage‑based distances, so a 100% gain looks identical whether a stock rises from $0.06 to $0.12...
Introducing the ‘NACHO’ Trade: How Wall Street Is Betting on Higher Oil Prices and Persistent Inflation
Wall Street has coined “NACHO” (Not a Chance Hormuz Opens) to describe a trade that profits from higher oil prices and lingering inflation. The strategy pairs long exposure to oil‑linked assets with short positions in short‑term Treasuries, betting that the...
Cotton Rallies Back on Friday
Cotton futures closed Friday up 177 points, with the July contract gaining 54 points for the week. Managed money added 12,829 contracts, pushing its net long to 51,184 contracts—the highest level since April 2024. USDA export sales commitments sit 1%...
Soybeans Recover Higher on Friday
Soybean futures rebounded on Friday, gaining 10 to 17¼ cents and closing near $11.40 per bushel, while July contracts rose 4¾ cents for the week. Managed money increased its net long position by 36,335 contracts, reaching 221,617, and speculators extended record net...
Gold Has Climbed Back Above a Key Trend Line. Are More Gains on the Way?
Gold futures surged past the 21‑day moving average on Friday, marking a technical bounce after weeks of sideways trading. The front‑month contract settled at $4,720.40 an ounce, delivering a fourth straight daily gain and a 1.95% rise for the week....
Gold Has Climbed Back Above a Key Trend Line. Are More Gains on the Way?
Gold futures surged above the 21‑day moving average on May 8, signaling a potential rebound after a prolonged pullback since the January record high. The same contracts also retested the 50‑day moving average for a second day, a key medium‑term trend...
How We Leveraged Our Position In Russell 2000 For A Win
The trading team used the iShares Russell 2000 ETF (IWM) to gain early exposure to a small‑cap rally that began in early April, initially taking a half‑size position and scaling to just under 40% of the model portfolio by April 8....
US Stock Market Close: Another Big Week of Gains Ends with a Flourish
U.S. equities closed the week on a high note as the S&P 500 rose 0.85% and the Nasdaq surged 1.7%, both hitting fresh all‑time highs. A surprisingly strong jobs report—115,000 jobs added in April versus 55,000 expected—bolstered investor confidence and...
Why These Four Biotech Stocks Prove That Follow-On Entries Still Pop Up In Stock Market Leaders
Biotech stocks in the IBD 50 are proving that disciplined chart analysis can uncover repeatable entry opportunities, even amid the sector’s notorious volatility. By using daily and weekly charts—methods once reserved for mega‑cap data‑storage firms—investors can spot patterns like cup‑bases and...
Nvidia Stock Option Over Earnings Offers Potential 39% Annualized Return
Nvidia is slated to report earnings on May 20, and its options chain reflects an 8.8% expected move with implied volatility near 53%, well above its typical 32% level. Traders are targeting a cash‑secured put at the $200 strike, which currently...
Citigroup Eyes Potential Magnet Move Toward $140
Citigroup (NYSE:C) is hovering near its 20‑day moving average as it approaches earnings, with the January‑February highs serving as a potential pivot point. Options traders show a strong bearish bias, reflected in a 10‑day put‑call volume ratio of 1.48, placing...
Free Weekly Stock Market Commentary 5/8/2026
Lawrence G. McMillan notes that the S&P 500 continues to post fresh highs, driven by a gap‑up move and strong call buying, while key support hovers around the 7,000 level. Equity‑only put‑call ratios are falling, signaling aggressive bullish bets, and breadth...
USDCAD Runs up to Key Resistance Target and Finds Willing Sellers
USDCAD rose to a session high of 1.3710 after a stronger‑than‑expected U.S. jobs report and a weaker Canadian jobs report, then reversed at a key resistance zone. The resistance cluster includes the 38.2% retracement, the 1.3709‑1.3715 swing area, and the...