PreMarket Prep

Financial instruments move in streaks — daily and weekly ones that lead to monthly ones. The price of the front-month contract for crude oil futures doubled from December 2021 to May 2022, ending November at $53.29 and ending May at $109.01. That was followed by some...

What started out as a good day to report earnings has turned into an extremely bad one for Oracle Corporation (NYSE: ORCL). The price action following the software stock's first-quarter report makes it the PreMarket Prep Stock of the Day. Oracle Follows S&P 500...

After a spectacular 2021 in which it gained 29%, JPMorgan Chase & Co (NYSE: JPM) is suffering along with the S&P 500 index and is down 24% at $120.70. Obviously, the fears of a potential recession and the impact on loan growth is outweighing the benefit of rising interest rates...

There are several critical aspects of the PreMarket Prep show that no other financial media has even a clue about. One of those is interpreting order flow and the price action in premarket and after-hours trading. There was an excellent example of this unique content during Friday's show...

Second-quarter earnings season is not quite over yet, as Asana Inc (NASDAQ: ASAN) announced earnings after the close on Wednesday. The price action following the work management software company's report makes it the PreMarket Prep Stock of the Day. Asana's Rough August: Asana...

What else do active traders and investors care about most besides their families and the markets? Sports!  The listeners of Wednesday’s PreMarket Prep show were treated to insightful commentary on the future course of interest rates as well as the rapidly rising industry of sports...

Besides earnings and fundamental news affecting the broad market, Wall Street analyst actions can have a positive or negative impact on an issue's price action. That is certainly the case with LYFT Inc (NASDAQ: LYFT), which is the PreMarket Prep Stock of the Day. Lyft's New All-...

The S&P 500 index, as well as the components in it, tend to move in streaks both on the upside and downside. Paying attention to a streak in the index may assist investors in the challenging task of catching turns in market momentum. More Bad Ones Than Good Ones In 2022: In the glory years,...

Trading an issue following an earnings report can be treacherous. On many occasions, the levels reached in either premarket or after-hours trading are never revisited. Therefore, relying on the last few days of price action may be the course of action to exit or enter an issue. That is certainly...

Listeners of Tuesday’s "PreMarket Prep" show were treated to a very informative interview covering both technical and functional aspects of the market with Jay Woods. He's the chief market strategist at DriveWealth as well as a New York Stock Exchange executive...

When trying to identify turns in the market and depending on the current market conditions, there are certain issues that are ahead of the broad markets. At this time, ARK Innovation ETF (NYSE: ARKK) is one of them and is Monday's PreMarket Prep Stock of the Day. ARKK's May Low: It is...

The up and down retail earning season continues with a second-quarter beat from Foot Locker, Inc. (NYSE: FL). The price action following the surprise to the upside makes it the PreMarket Prep Stock of the Day. Foot Locker Sprints Off July Low: Foot Locker bottomed almost a month after the...

It has been quite some time since Evan Schnidman, the co-founder of MarketReader.com, was a guest on the "PreMarket Prep" show. On Tuesday’s broadcast, the PreMarket Prep crew caught up with him to find out what he has been up to. Schnidman Sells Prattle Analytics To Liquidnet: When...

Investors know how volatile the commodities markets can be. When it comes to crude oil futures, it is a whole new ballgame with intraday as well as overnight volatility. For example, based on Monday’s range ($86.82-$92.10), the price fluctuation on one contract is $5,280. That does not...