Wednesday, May 1, 2024
Market High on Aurora Cannabis as Peltz Joins Pot Grower

Market High on Aurora Cannabis as Peltz Joins Pot Grower

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Cannabis stocks have been on fire since last summer, and the buzz continued today as a major financier joined the industry. Early leader Tilray (TLRY) might have fallen asleep after a blistering rally in September,...
Uber IPO may occur before end of June as more banks reportedly added

Uber IPO in Sight as Banks Line Up

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Uber's initial public offering (IPO), one of the most anticipated deals in history, is drawing near. "Uber hires more IPO underwriters as it prepares to go public," read the Reuters headline last night. The timing...

Why Stocks Move: Business Transformation

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This post is part of a series about the catalysts for stock movements. It’s based on a series of talks at TradeStation’s Master Class learning sessions.  Business changes over time, and companies need to keep up. This process creates...
Here's How to Be Ready the Next Time Momentum Stocks Pull Back Like This

What are FANG Stocks? Nasdaq Growth Names on the Move

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Remember FANG stocks? Investors are flocking back to major technology stocks like Facebook (FB) today. The NYSE FANG+ index ($NYFANG) is up 2.7 percent in afternoon trading, its biggest gain since late January. That's driving...

Stocks Retreat From Key Level Amid Bad News

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Stocks just had their worst week of the year, retreating from a key resistance level amid a string of bad news. The S&P 500 fell 2 percent between Friday, March 1, and Friday March 8....

Monex Crypto Market Weekly: March 8

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This post is a translation of the weekly cryptocurrency analysis by Crypto Lab, a wholly owned subsidiary of Monex Group (Tokyo, Japan). Monex is the parent of TradeStation Group. Owning to the difference in...
Chinese Tech Stocks Have Crushed the Nasdaq

Chinese Tech Stocks Are Crushing the Nasdaq

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Forget about trade wars. The big story with China this year may be the runaway rally in the country's technology sector. The Golden Dragon Index ($HXC) has surged 9 percent in the last month and...
Waiting for Uber? Here Comes Yandex

Waiting for Uber IPO? Here Comes Yandex

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Everyone's waiting for Lyft and Uber to go public. Did you know Russia's top Internet stock is also active in the ride-sharing space? Last month, Yandex (YNDX) reported 216 percent revenue growth for its Taxi...

Comex Gold Futures: Contract of the Week

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Gold's one of the world's oldest measures of value. It's also one of of the most actively traded commodities, thanks to CME's Comex Gold Futures. These contracts use the symbol root GC and track 100...
Back from the Dead? High-Stakes Options Trade in Hospital Space

Back from the Dead? High-Stakes Options Trade in Hospital Space

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A hospital company drowning in liabilities just reported good results. Now a trader is using options to position for a comeback. Here's a breakdown of the strategy detected yesterday afternoon in Community Health (CYH): 20,000 September...
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