Ready to be entertained

3 days ago by Patrick J. O’Hare @ IBKR Traders’ Insight

Last week was a good week for the stock market. In fact, it was the best week for the S&P 500 and Nasdaq Composite since November.

Housing April 29th Weekly Update: Inventory up 2.5% Week-over-week, Up 31.8% Year-over-year

3 days ago by Calculated Risk @ Calculated Risk

Altos reports that active single-family inventory was up 2.5% week-over-week. Inventory bottomed in mid-February this year, as opposed to mid-April in 2023, and inventory is now up 12.6% from the February bottom. C...

Buffett and Berkshire Report a $28 Million LSXMA Buy

3 days ago by David @ All Star Charts

From the Desk of Steve Strazza and Alfonso Depablos The largest insider buy on today’s list comes via Form 4 filings by Warren Buffett and Berkshire Hathaway. Buffett and Berkshire revealed a purchase of $28 million in The Liberty SiriusXM Group $LSXMA. Irenic Capital Management filed a 13D for Reservoir Media $RSVR revealing an increase […] The post Buffett and Berkshire Report a $28 Million LSXMA Buy appeared first on All Star Charts.

Chart Advisor: No Cuts No Bull

3 days ago by Contributor Author @ IBKR Traders’ Insight

This week the Fed’s Open Market Committee (FOMC) will meet to discuss the possibility of a change in the Fed’s overnight interest rates. The consensus prediction among analysts is that they will leave rates unchanged this meeting.

GRADING YOUR TRADES #TradingTips #TradingForBeginners

3 days ago by Akil Stokes (Trading Coach at Tier On... @ Trading Coach Podcast

Do you grade or rank your trade setups? If not, it might be worth considering.

Talk Your Book: Hedging Your Portfolio with Options

3 days ago by sean @ A Wealth of Common Sense

On today's show, we are joined by Eric Metz, President, and Chief Investment Officer of SpiderRock Advisors to discuss: - The pending acquisition by BlackRock - Covered call performance in a bull market - Tax benefits when utilizing options - What's driving option-overlay growth in todays market, and much more! The post Talk Your Book: Hedging Your Portfolio with Options appeared first on A Wealth of Common Sense. ...

Southwest Airlines Is Set To Soar Again

3 days ago by SA Editor's Picks

A solid period of Friday buying keeps the bounce going across markets

3 days ago by noreply@blogger.com (Declan Fallon) @ Fallond Picks

There wasn't a whole pile of buying volume to go with gains, but the Nasdaq, S&P and Russell 2000 ($IWM) all did their bit to keep the nascent bounce going. It has the look of a zig-zag like bounce, but until we see the "zag", these indices gains are set to challenge March highs. Traders have Thursday's lows for assessing any risk:reward longs for the coming week, although if we were to head down there this week it would probably amount to the start of the "zag". Of the three lead indices, the bounce in the Russell 2000 ($IWM) looks to offer the best risk:reward. Technicals remain net bearish, and the move out of oversold stochastics is one I would view with more skepticism than optimism (I want to see a mid-line cross in stochastics to be more confident of a long term bullish recovery), but if it can make a higher low and stay above its 200-day MA it's an attractive option for longs. <a href="https://blogger.googleusercon...

Wall Street Breakfast Podcast: Philips Settles Ventilator Recall Lawsuits

3 days ago by SA Wall St. Breakfast

Loar Holdings: This Aerospace Supplier Is Flying Too High In Its IPO

3 days ago by SA IPO Analysis

$NVDA is still topping but just flipped price signals 📉 or up 📈? #technicalanalysis #stockmarket

3 days ago by Dr. Duru Diagnoses Markets @ Dr. Duru Diagnoses Markets

$NVDA cannot seem to make up its mind on price direction. While #NVDA has flashed several warning signs since topping out in March, last week closed with a potential bullish sign just two days after another red flag bearish warning sign. What will THIS week bring? #stockmarket #technicalanalysis #shorts

A Simple Test After the $META Pricequake – The Market Breadth #stockmarket #technicalanalysis

3 days ago by Dr. Duru Diagnoses Markets @ Dr. Duru Diagnoses Markets

A Simple Test After the META Pricequake – The Market Breadth To read more see https://drduru.com/onetwentytwo/2024/04/27/simple-test-after-meta-pricequake-the-market-breadth/ Can a bullish divergence create a bottom for stocks? The stock market ended last week with an emphatic “YES!” A wild week got treacherous after Thursday’s META pricequake. Investors rushed for the exits after Meta Platforms (META) reported earnings. The sympathy selling went far and wide. Fortunately, earnings from Alphabet (GOOG) and Microsoft (MSFT) did not deliver aftershocks. Instead, the week ended with a simple test for the major indices: close higher from here and most (all?) bearish transgressions get forgiven. If the coming week starts with definitive selling, then the stock market will fail the simple test at resistance. The week had its share of fundamental news. U.S. Q1 GDP was weaker than “expected.” The Federal Reserve’s favorite inflation gauge, the core Personal Consumption Expenditures (PCE)...

Can Semiconductors Pull Off Another Sustained Rally?

3 days ago by Michele Schneider @ See It Market

With all the news flying around, we have found incredible confidence in our trading strategies by following the technical picture. This is the fourth week I have covered the Economic Modern Family or stock market ETFs for my weekend update. And the ETFs have done its job. From 4 weeks ago when Granny Retail and Granddad Russell […] The post Can Semiconductors Pull Off Another Sustained Rally? appeared first on See It Market.

The Trading Coach Podcast - 965 - Trading Expectations - Are Yours Right?

3 days ago by Akil Stokes (Trading Coach at Tier On... @ Trading Coach Podcast

Something as simple as having the right expectations can have a MASSIVE impact on your trading future. Please remember to RATE & REVIEW the podcast before you leave. Your Trading Coach Akil. --- Support this podcast: https://podcasters.spotify.com/pod/show/thetradingcoachpodcast/support (https://podcasters.spotify.com/pod/show/thetradingcoachpodcast/support) Episode link: https://play.headliner.app/episode/20457606?utm_source=youtube (video made with Headliner.app)

Realtor.com Reports Active Inventory Up 31.7% YoY; New Listings Up 13.5% YoY

3 days ago by Calculated Risk @ Calculated Risk

What this means: On a weekly basis, Realtor.com reports the year-over-year change in active inventory and new listings. On a monthly basis, they report total inventory. For March, Realtor.com reported inventory was up 23.5% YoY, but still down almost 38% compared to March 2017 to 2019 levels.  Now - on a weekly basis - inventory is up 31.7% YoY. Realtor.com has monthly and weekly data on the existing home market. Here is their weekly report: Weekly Housing Trends View—Data Week Ending April 20, 2024• Active inventory increased, with for-sale homes 31.7% above year-ago levels. For the 24th straight week, there were more homes listed for sale versus the prior year, giving homebuyers more options. As ...

Fed Pivot? Traders Thwarted Again As Inflation Just Won't Go Away

3 days ago by SA Editor's Picks

Sunday links: return expectations

3 days ago by abnormalreturns @ Abnormal Returns

30 Years of Financial Market Returns

4 days ago by Ben Carlson @ A Wealth of Common Sense

Dissecting 30 year returns for stocks, bonds and cash. The post 30 Years of Financial Market Returns appeared first on A Wealth of Common Sense. ...

FOMC Preview: No Change to Fed Funds Rate

4 days ago by Calculated Risk @ Calculated Risk

Most analysts expect there will be no change to the federal funds rate at the meeting this week keeping the target range at 5‑1/4 to 5-1/2 percent.  Fed Chair Powell is expected to maintain a slightly hawkish stance during the press conference, since the recent inflation reports were above expectations.Currently market participants expect the next Fed move to be a 25 bp cut announced at the September FOMC meeting.  The market is almost pricing in a 2nd cut in December.  From BofA: The Fed is less confident about how quickly inflation will slow, but it has not given up on its expectation that it will. We expect the Fed to say it is prepared to keep policy rates where they are for as long as needed to bring inflation down. We also look for the Fed to announce the tapering of balance sheet runoff by cutting the maximum runoff cap on Treasuries in half.Projections will NOT be released at this meeti...

Rubrik: A Strong IPO In A Tough Market

4 days ago by SA IPO Analysis