How you can transform lagging indicators into leading indicators.For hundreds of years, since the first stock exchange opened its doors, every trader has been looking for an edge... Some way to predict what will happen next... And hopefully collect a fat "paycheck" at the end of the road.From Bollinger bands to momentum oscillators, technical indicators have been at the forefront of this constant...Read More

Disney stock also boosted the DowIt was a bounce-back session for the Dow today, as energy stocks and Disney (DIS) helped the blue-chip index to a triple-digit rebound after a two-day slump. Investors are monitoring the Gulf of Oman, where two tanker attacks sent oil prices climbing -- and subsequently escalatedtensions between the U.S. and Iran. Specifically, Secretary of State Mike Pompeo blamed...Read More

Breaking down a bear put spread on the real estate fundU.S. real estate investment tracker iShares U.S. Real Estate ETF (IYR) is set for its highest close since early 2007, last seen up 0.3% at $89.55. IYR has been climbing the charts this year, so far up nearly 20%, and today rallied as high as $89.64 -- tying its 12-year peak touched on June 7. Aiding the exchange-traded fund's (ETF) rally ha...Read More

Uber's about to snap its five-day losing streakThe shares of LYFT Inc (NASDAQ:LYFT) and Uber Technologies Inc (NYSE:UBER) are both trading higher today, after Evercore ISI initiated coverage on the ride-sharing stocks with "outperform" ratings and lofty price targets ($74 for Lyft; $60 for Uber). The brokerage firm cited "powerful near term catalysts," and an "improving pricing environment." The b...Read More

By: Ira EpsteinGold Fibonacci shows supports below, 18 DMA about to move above the 100 DMA, moving above is a bullish crossover:Read More

Here is the best explanation I've seen to date of how the U.S. stock market works. It is from John Jay, who posts regularly in the Rick's Picks Forum: "The stock market is the primary bag-man the Federal Reserve uses to transfer the U.S. Dollars they create from thin air to the .01%." Just so. When you consider how many hundreds of billions of dollars find their way into the pockets of the ve...Read More

American Airlines topped the Nasdaq after J.P. Morgan's bullish earnings prediction While the Dow recovers some of yesterday's losses, several other stocks are seeing a move higher, too. That includes travelname American Airlines Group Inc (NASDAQ:AAL), sporting goods name Callaway Golf Co (NYSE:ELY), and sonar developer Coda Octopus Group, Inc (NASDAQ:CODA).Here's what's moving the shares of AAL....Read More

The2020 presidential election is already shaping up to be one of the most bitterlycontested in history. The outcome could have enormous ramifications for allasset markets, including precious metals.Inthe meantime, a lot can happen before November 2020 – especially with theFederal Reserve apparently set to turn dovish and cut interest rates thissummer.Somehistorical research into presidential...Read More

Morgan Stanley is bullish on Disney+ subscriber growthWalt Disney Co (NYSE:DIS) is by far the best Dow stock today, up 4.3% at $141.55. This comes after Morgan Stanley lifted its DIS price target to $160 from $135 -- a nearly 18% premium to last night's close -- and boosted its Disney+ subscriber growth forecast in part due to brand familiarity, saying it believes "the market has often overstated...Read More

AYX was looking ripe for a bullish options trade in late MaySubscribers to Schaeffer's Weekend Trader Series service justdoubled their moneywith the Alteryx Inc (NYSE:AYX) August 85 call option recommendation. Below, we'll explain how this options trade hit its expected target, leaving speculators with a big win.When we initially recommended the call to subscribers in our May 19 email, the shares...Read More

Short-term contracts are popular on FSLRA few stocks seeing unusual options trading today are First Solar, Inc. (NASDAQ:FSLR), Hexo Corp (NYSEAMERICAN:HEXO), and Tyson Foods, Inc. (NYSE:TSN). Let's see how speculators are approaching the shares of FSLR, HEXO, and TSN. Solar stocks are gaining today after trade authorities made some solar panels exempt from tariffs. For First Solar stock, that mean...Read More

Plus, June 21 is quadruple-witching FridayWhile June has been relatively quiet by Wall Street's standards, the action will heat up next week. Investors have the Federal Open Market Committee (FOMC) meeting to look forward to, plus a press conference from Fed Chair Jerome Powell, who alluded to an interest rate cut earlier in the month. However, CME Group's FedWatch tool suggests the market is expe...Read More

Pot stock profit-share members could receive the next check soon.This one-of-a-kind marijuana profit-sharing plan that could quickly have investors sitting on $17,667... $25,921... $38,898... or even $55,563.And possibly a whole lot more.There are no age limits to this program.No income caps.No complicated hoops to jump through (joining only takes 90 seconds).And most importantly - there are zer...Read More

A look at stocks that tend to outperform during Fed meeting weeksThe Federal Open Market Committee (FOMC) will hold its two-day policy meeting next week, with the central bank's interest rate decision due at 2 p.m. ET on Wednesday, June 19. While CME Group's FedWatch tool pegs the odds of a Fed rate cut at just 24.2% this time around, traders will undoubtedly dissect post-meeting comments from Fed...Read More

The Medicines Company has nearly doubled in 2019Drug name The Medicines Company (NASDAQ:MDCO) has had a noticeably sharp turnaround this year. The good news is that this torrid rally is far from over, if this historical indicator rings true. More specifically, MDCO is now within 2% of its 20-day moving average. Since its inception, there have been four other times when the stock pulled back to...Read More

Eastern China's Shagang has lowered the list prices for its rebar and wire rod booked and shipped in mid-June. The mill is selling its HRB400 16-25mm rebar at 4,070 yuan ($588) per tonne over the June 11-20 period, down 180 yuan per tonne from its last...Read More

Roth Capital just started coverage with a "buy" rating and a $25 price target Tomato turned pot concern Village Farms International Inc (NASDAQ:VFF) is getting some analyst recognition today, after Roth Capital initiated coverage on the stock with a "buy" rating and a $25 price target -- more than double the stock's current perch at $12.44. The analyst said it liked that Village Farms planned on...Read More

A pair of oil tankers were reportedly attacked in the Gulf of OmanThe Dow Jones Industrial Average (DJI) is higher today on strength in energy shares Chevron (CVX) and Exxon Mobil (XOM). The two oil majors have added 1.2% apiece, as reports of tanker attacks off the coast of Iran spark concerns over a potential supply disruption -- and boost July-dated crude 3.3% to trade at $52.85 per barrel. Wal...Read More

The company's key pipeline drug failed to meet its primary goals in a late-stage studySavara Inc (NASDAQ:SVRA) stock is spiraling this morning -- down 75.4% at $2.60, tagging a record low of $2.55 out of the gate. This plunge comes after the Texas-based pharmaceuticals firm said Molgradex, its key pipeline drug to treat rare lung disorder autoimmune pulmonary alveolar proteinosis, failed to meet i...Read More

Twitter is comfortably above two formerly supportive trendlinesJust two days after weighing in on rival Facebook (FB), Moffett Nathanson is now taking aim at Twitter Inc (NYSE:TWTR), cutting its price target to $25 from $28 on concerns the company isn't spending enough on security. But even though TWTR shares have dipped 2.7% out of the gate to trade at $36.44, they're still holding above a few ke...Read More