Volatility as an asset class: Markets ignoring Fitch downgrade, hoping for positive news out of Washington. Yahoo! (YHOO) is up $0.82 to $34.20 in the premarket after reporting Q3 earnings that beat estimates and revenue in-line with expectations. The company gave a Q4 and fiscal-year 2013 revenue outlook below current expectations. October call option implied […]
The Cup-and-Handle price pattern is a popular bullish signal that develops over a longer time frame than many simpler patterns. In this week’s real-time technical analysis example, we’re going to review a Reverse Cup-and-Handle. As you might expect, this is a bearish signal if the pattern completes.