It’s that time of year again; earning session for US stocks. With so many other variables contributing to volatility in the US markets (e.g., inflation , Fed rate hikes, recession, oil prices, quantitative easing), anything out of the ordinary can result in huge moves in stock prices. This has already been witnessed in an early report from Nike (NYSE: NKE ) last...
What Is a Gap?
A gap is an area discontinuity in a security's chart where its price either rises or falls from the previous day’s close with no trading occurring in between. Gaps are common when news causes market fundamentals to change during hours when markets are typically closed, for instance an earnings call after-hours.
NFLX This rising wedge is at tight...