Thursday, May 2, 2024

Investors Move Back to Cyclicals, Looking for a Hotter Economy Into Yearend

0
Another rotation toward value stocks could be underway as investors look for a stronger economy into yearend. Financials, industrials and materials have gained momentum in the last week. (The key tracking ETFs for all three...

Ethereum’s Supply Is Getting Squeezed as Fee Burning Kicks In

0
One week ago, Ethereum implemented an upgrade to control fees and limit supply. It's already having an effect. About 3 Ethereum are getting "burned" each minute, according to Etherchain.org. That's more than 33,000 coins, or...

Stocks Inch to New Records But New Coronavirus Fears Threaten the Recovery

0
Stocks inched to new highs last week, but a resurgence of coronavirus threatens to overshadow all kinds of good news. "Consumers reported a stunning loss of confidence in the first half of August" because of...

Chart of the Day: Citi Is Finding Support at This Key Line

0
Financial stocks have bounced in the last two weeks, and Citi is one of the biggest members of the group. A few patterns stand out on the banking giant’s chart. First is its breakout above...

Chart of the Day: Ethereum Is Holding $3,000

0
Sometimes there's a lot to be said about nice round numbers. This might be one of those times with Ethereum holding $3,000. The level has gained importance this month. ETHUSD bounced around $3,000 on August...

Stocks Rise for 7th Month, Led by Tech Stocks like Paycom and Etsy

0
Stocks are in the middle of their longest winning streak in 3-1/2 years, bolstered by strong earnings and an abundance of buyers on the sidelines. The S&P 500 rose 2.9 percent in August, its seventh...

Options Alert: Call Buyers Target Breakout in Up-and-Coming Cloud Stock

0
Datadog, an 11-year old cloud-computing firm, broke out to new highs last month. Today, options traders looked for the rally to continue. More than 20,000 call options changed hands at the 140 strike, plus another...

Is the S&P 500 Rolling Over? Check Out Today’s Technical Analysis

0
The S&P 500 has climbed for seven straight months. But it may face some near-term challenges as September gets underway. The main pattern on today’s chart is the resistance line running along the highs since...

This Tech-Savvy Restaurant Chain Took Off During the Pandemic. Can You Guess September’s Mystery...

0
The coronavirus pandemic transformed the nature of in-person businesses like retail and restaurants. This month's mystery stock was ready for the change, and has thrived amid the crisis. It started 28 years ago when a...

Stocks Retreat as Data Weakens. Is Stagflation Coming?

0
Stocks had their worst week in almost three months as the economy slows and the Federal Reserves prepares to tighten monetary policy. The S&P 500 slid 1.7 percent in the holiday-shortened period between September 3...
- Advertisement -
Trade in milliseconds

Explore the most actively traded options

Trade 600+ futures products on an advanced platform

MUST READ