Ever wondered why certain support or resistance levels stick like a charm, yet other times seem to completely fail? Ever been unsure if you are actually using the correct levels where the major players are parked? If you’ve ever had this experience, you are not alone. I had this for years before I figured out this trick which explained why these key levels don’t work the way you think they… Source ..read more

One of the main themes in the Benzinga Option School this week was how prominent the 380 strike was in terms of option flows. Our internal analytics showed how 380 is the largest strike by call + put gamma with 370 being the largest strike by put gamma only. The large concentration of positions at the 380 strike suggested it would likely become resistance on pullbacks this week. Source ..read more

The stock market is a heavily regulated space, and this is understandable. It is a high-risk market where traders could watch all their money burn down to the last dollar. And one of the most common requirements for trading the stock market as a day trader is the $25,000 rule. You need a minimum of $25,000 equity to day trade a margin account because the Financial Industry Regulatory Authority... Source ..read more

For my stock traders that are new to options, one of the most common questions I get is “ Are options safer than trading stocks?” It’s important to note both stock trading and option trading have risks, and while many the risks in trading both of them are the same, some of the risks differ substantially. In this article, we’re going to explore some key topics, such as: Are options riskier than... Source ..read more

There are a multitude of markets, strategies, and styles for how traders make money. As a whole, traders make money by speculating on the rise and fall of the prices of financial instruments. The various markets traders often speculate on are stocks, options, forex, crypto, commodities, fixed income, and other derivatives. Traders place buying and selling orders that end up with a profit if their... Source ..read more

The ridesharing company’s stock is taking a major hit, and the headwinds might not dissipate soon. Why did Lyft, Inc. (Nasdaq: LYFT) stock take a 33% dip? Source: Thought Catalog What Happened? Lyft stock dropped by 30% on Wednesday, after the company announced that its profitability may take a dent as it increases incentives to keep drivers. So What? Before the news release... Source ..read more

American telecom mammoth Verizon recently became the third-highest shareholder of a budding 5G-infrastructure-building company. This has led to an increase in interest in the shares of the budding company, reflected by an 80% rise in share price. Source: Z z What Happened? The shares of Casa Systems, Inc. (Nasdaq: CASA) soared by 80% when it announced that Verizon had invested $40 million in a... Source ..read more

The year 2020 has been very fruitful for Spire Inc. (NYSE: SR) and its shareholders on the charts. There has been a 17% rise in the stock since the turn of the year, better than the S&P 500’s drop of 6% in the same period. Source: Naveen Kumar However, the SR stock faces a test on the technical chart as it tries to overcome a critical level that prevents it from continuing its bullish run. Source ..read more

Icahn Enterprises L.P. (Nasdaq: IEP) is a common name in many commercial industries in the United States and internationally. Icahn deals in the automotive, pharmaceutical, food packaging, home fashion, energy, and real estate spaces through its subsidiaries. Currently, the stock is at a critical point, at which whatever happens could determine what happens to the stock for a while. Source ..read more

Regardless of how high inflation is or what economic conditions we find ourselves in, some stocks are always going to be safe havens. While business may sometimes seem slow for these companies, you can bank on them 9 times out of 10. One such stock is Easterly Government Properties (NYSE: DEA). Source: Michael Easterly Government Properties is a Real Estate Investment Trust (REIT) that acquires... Source ..read more