Adobe Systems is near its 52-week lows, but upside option action burned brightly yesterday.
McMoRan Exploration saw heavy option activity last month and yesterday drew more upside buyers.
Carter Worth, chief market strategist at Oppenheimer Asset Management, takes a technical look at where the S&P 500 is likely headed.
Coal stocks fed on rumors involving Walter Energy yesterday, and the options were flowing throughout the sector.
Technical analyst John Roque tells us a pattern in the S&P is emerging that looks rather ominous, to say the least.
According to Carter Worth, technicals suggest stocks have more room to run.
The traders put Freeport McMoRan on the radar after analysts at Goldman said the recent correction in metals offered a great buying opportunity.
Walt Disney bounced off its lows yesterday, and buyers started looking for magic in upside options.
There was very little green in the market yesterday, but airlines were positive for most of the session.
Silicon Graphics has struggled this quarter, but option activity was bullish yesterday ahead of its earnings report later this week.
He had been bullish, but Oppenheimer’s Carter Worth tells us something serious has happened in his charts.
Encana has run south in a hurry, but now the bulls expect a reversal.
Shares of Hertz sold off with the rest of the market yesterday, but some option traders were looking for upside into September.
There’s a growing probability that Washington leaves Wall Street hanging, according to proprietary research from FBR policy analyst Ed Mills.
Options traders were looking for Staples to ratchet back up after the office-supply retailer fell close to its 52-week lows yesterday.
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