Sunday, April 28, 2024

Insurers Tremble with Florence on the Move

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Hurricane season has begun, and insurers are trembling. Florence is expected to hit the Carolinas on Friday. It's already a category 4 hurricane, which makes it unusually powerful for a storm moving that far north. Property...

Guess What Index Just Broke Out

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Over a century ago, Charles Dow said it's bullish when transportation stocks hit new highs. That's exactly what they're doing today. So-called "Dow Theory" teaches that different parts of the market can confirm each other....

Finally a Pullback, Thanks to Tech

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Traders finally got a pullback last week, thanks to a mini-crash in technology. The S&P 500 slid 1 percent in the holiday-shortened period between Friday, August 31, and Friday, September 7. But that was nothing...

Marijuana Momentum, Airlines Ascending: Groups in Focus

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Two different groups have been "flying under the radar" and "hitting new highs" in recent weeks. Let's check them out. First: Flying under the radar. Yep, some of the airlines have been climbing. This group...

Is Reed Hastings Still the King of Streaming?

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Netflix (NFLX) is undeniably one of the hot stocks in recent years. But did you see it's lagged smaller competitors for the last two quarters? Roku (ROKU) has more than doubled since the end of...

Guess What Tech Stocks Are Up Today?

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It's a rough day for technology stocks, but one group in the sector is still pushing higher. Electronics-payments firms including Square (SQ) and Mastercard (MA) are mostly positive today. These have been one of strongest...

Big Tech Slammed Again As Rotation Continues

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As the saying goes, the bigger they are, the harder they fall. That seems to be the case in technology stocks this week as large-cap members of the big indexes get hammered while other parts...

Tech Troubles, Emerging Meltdown Lifts Volatility

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Volatility's on the rise again today, especially for tech stocks and emerging markets. A combination of political risk, currency anxiety and simple buyer exhaustion seem to be triggering the move. The political risk is happening on...

IPOs Have Their Best August in Five Years

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Initial public offerings (IPOs) kept flowing last month, despite the normal summer doldrums. Some $1.5 billion of new stock came to market last month, according to data from ClickIPO. It might sound puny compared with...

This Is Why Options Traders Need to Know Gamma

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The ancient Greeks were pretty smart. They gave us the Olympics, philosophy and medicine. But my favorite invention of theirs right now is Gamma. In case you haven't been following our Greek of the Week...
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