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EXCLUSIVE: Half Of SPX Options Volume Now In Zero-Day Trades, Reveals Cboe Executive
Tuesday, June 18, 2024 - 3:39pm | 497The field of options trading is rapidly transforming, as zero-day-to-expiry (0DTE) options now comprise nearly half of the SPX options volume. “Volumes have increased about three times in the last seven years, from 4 billion contracts in 2017 to about 11 billion last year,” Vince Cicco...
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S&P 500 $SPX All Time Highs, Now What?
Monday, February 5, 2024 - 10:28am | 267It was difficult to be bearish with the last quarter of the year finishing green! In our last Benzinga article, we talked about the possibility of reaching All Time Highs by the new year... that ended up being pretty fair timing! That said, we will continue to monitor the quarterly chart for...
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Do Not Fall In The Classic Trap — Stock Market Euphoria Continues In Spite Of Pushback By Fed Officials
Monday, December 18, 2023 - 11:54am | 1644To gain an edge, this is what you need to know today. Stock Market Euphoria Please click here for a chart of SPDR S&P 500 ETF Trust (ARCA:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows that the market has slightly pulled...
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S&P 500 To All Time Highs By The New Year?
Monday, December 18, 2023 - 9:55am | 193It is difficult to ignore the green quarter finishing the year! We were concerned with the red quarter previously but the bulls did not want anything to do with it! Our last article on Benzinga discussed the importance of the channel... ... and the bears could not press below it, so we will see...
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Feasting On Profits: Does Thanksgiving Week Cook Up Stock Market Gains?
Wednesday, November 15, 2023 - 6:02pm | 601November stands out as a beacon of positivity in the U.S. stock market. Over the past 151 years, the S&P 500 has seen an average gain of 0.88% during November, ranking it as the third-best month of the year. But does this November vigor extend into Thanksgiving week? Chart: November’s...
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Positive Stock Market Seasonality Ahead After Longest Losing Streak Since Pandemic Crash, AI Excitement
Wednesday, November 1, 2023 - 12:13pm | 1775To gain an edge, this is what you need to know today. Positive Treasury News Please click here for a chart of SPDR S&P 500 ETF Trust (ARCA:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart is a monthly chart to give you a long...
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Could FOMC Get The S&P ($SPX) To Back In The Channel?
Wednesday, November 1, 2023 - 9:41am | 147The $SPX is now below the channel, implying that the wave C move could be in effect. We cautioned about this when the last quarter turned red. Now we will see if the FOMC can get things back in the channel or add to the downside pressure. To learn more, check out this video: Dr. John
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Look Out Below! My Downside Targets For The S&P 500 As Stocks Remain Guilty Until Proven Innocent
Monday, October 30, 2023 - 5:22pm | 1168If you’ve been fighting the mounting bearish evidence up until this week, then perhaps the distribution we’ve witnessed here in late October has been enough to convince you otherwise. It was easy for some to write off the negative rotation in key leadership groups, and maybe you...
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Spectacular Turnaround: SPX's Year-Long Support Shattered, Bears Take The Reins!
Monday, October 23, 2023 - 10:01am | 799In a surprising and dramatic reversal of fortune, the S&P 500 (SPX) has lost a year-long support level, signaling a potential shift in market dynamics. The once-dominant bulls are now grappling with a resurgent bearish force that has taken control of the market. This abrupt turn of events has...
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The VIX Seasonality Effect: From Mid-Year Dips To Year-End Rips The Technicals Suggest A Potential Rally
Tuesday, October 10, 2023 - 9:20am | 509Volatility surged almost precisely on cue this year. From mid-July to the first week of October, the S&P 500 dipped over 8% from recent peaks. Traditionally, this week marks the final stretch before we transition into the holiday season. However, we still anticipate key data points that could...
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Red Quarter - Red Alert For The S&P 500?
Monday, October 2, 2023 - 3:54pm | 253Well, the $SPX closed red last quarter! In and of itself, it does not mean much as we have seen reversals of these plenty of times, however, any down market has historically started with a red quarter, so we are in a cautionary period. This gets us looking at the potential for that ABC pullback,...
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S&P 500 Head And Shoulders Top Confirmed- Pattern Suggest Further Potential Downside To $4100
Tuesday, September 26, 2023 - 12:00pm | 1457There’s no denying that we’ve seen signs of distribution, from key stocks like Apple, Inc. (NASDAQ: AAPL) and Tesla Inc. (NASDAQ: TSLA) breaking down to breadth conditions that have become less bullish by the week. Last week, we confirmed a head and shoulders topping pattern for...
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S&P 500 Bears Pause As Bulls Stand Firm – 4,200 Marks A Critical Battle Line
Monday, September 25, 2023 - 4:22pm | 602Monday witnessed a session of modest gains for the S&P 500 index, edging up by 0.4% at the close, and breaking a four-session streak in the red. The S&P 500 index is emerging from its most challenging week since early March 2023, ranking as the second-worst of week of the year, after...
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Navigating The S&P 500 Landscape: Here Are The Stocks Analysts Believe Have The Highest Potential And Biggest Downside
Sunday, September 24, 2023 - 10:01am | 956In the middle of the AI revolution and the Federal Reserve's steadfast stance on interest rates, the stock market has seen unexpected twists and turns. Despite hopes of the U.S. sidestepping a potential recession, the stock market's trajectory remains unpredictable. BofA's Take on Old...
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'Volatility Is Dead' Debate Heats Up As S&P 500 Braces For The Worst 10 Days Of The Year
Tuesday, September 19, 2023 - 5:18pm | 901The S&P 500 index has proven itself to be a seasoned sailor in 2023, gliding gracefully through market waters, steering clear of perilous tempests that could have thrown it off course. For more than 100 trading sessions, the S&P 500, as tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY)...