Tuesday, May 7, 2024

Not All Tech is Rolling Over

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Earlier today, Market Insights highlighted the general weakness in technology. But there's one huge exception to that statement: Apple (AAPL). Tim Cook's smart-phone behemoth made a new high this morning, and has set new records...

Tech and FANG Languish as Sentiment Shifts

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FANG seems to be losing its mojo along with the rest of tech as sentiment shifts in the market. FANG, if you don't know, stands for Facebook (FB), Amazon.com (AMZN), Netflix (NFLX) and Alphabet (GOOGL)....

Riding a Megabank on the Cheap: Options Recap

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One big investor is riding a megabank on the cheap, thanks to the leveraging power of options. Bank of America (BAC) has been on the move since late 2016. A large call roll yesterday seemed...

Big Caps Come to Life as China Blinks

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Did China just blink in its trade war against President Donald Trump? The market seems to think so. Last night, a story crossed the wires saying that Beijing would send a trade delegate to Washington...

Turnarounds Get Rewarded: Earnings this Week

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Investors like turnaround stories. That seems to be the message from the last week of corporate earnings. Consider two major retailers: Wal-Mart Stores (WMT) and Macy's (M). Both beat analysts' estimates, but moved in two...

Horseshoes and Hand Grenades: Levels on the S&P 500

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Ever heard the saying that "close only counts in horseshoes and hand grenades?" It means coming close to a goal isn't good enough for most projects. But it can be good enough when it come...

Retailers Blitz Higher Amid Earnings

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Forget about Turkey and tariffs. Bulls are flocking to U.S. retailers this week. Tapestry (TPR) and Advance Auto Parts (AAP) are leading the charge today. TPR, parent of Coach and Kate Spade, shot past estimates...

Tracking the Bears in China

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Global economic and financial issues are back in the forefront. Turkey's been the main story in the last week, but today China has some important headlines. Simply put, they're all negative. The country's economic reports...

Greek of the Week: Delta

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This is the first installment of a four-part series about options Greeks that will appear on Market Insights between now and Labor Day week. Some clients may be confused by options, especially their use of...

Turkish Turmoil Fuels the Volatility Machine

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Bulls made money, bears made money. Turkey got slaughtered. That's pretty much what happened last week. The S&P 500 began with a steady climb on Monday and continued higher into Tuesday. That's when the bulls...
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