Analysts Upgrades on FANG Stocks drags Ndx higher

The markets Today most of the indexes were up. They were in positive territory, mainly due to the Nasdaq (NDX). The Nasdaq was the strongest of all the indexes and dragged the others up. Why was the Nasdaq so strong? That is because many of the FANG stocks – Facebook,...

All Indexes hold Support Levels for now

The markets overnight The markets did sell off early but then they rallied. The Nasdaq gapped down on the open and then moved up for the rest of the day to finish slightly higher. The Russell 2000 did the same thing. It gapped down on the open and then rallied higher....

Fear enters the market

The market On Friday most of the indexes were down, not significantly though. Fear has started to creep into the market. I will look at a way of measuring fear in the market, and what that means later. First, the only index up on Friday was the Nasdaq, it was up 0.17%...

Nasdaq shows bearish patterns

Let’s begin by examining an unusual option activity trade. I want to discuss the stock Santander Consumer USA Holdilngs that I identified as interesting on March 20, just four days ago. I noticed that 7,145 put option contracts were bought at the ask. I went into...