Tuesday, July 23, 2024

Traders Think Mega Bank Is Boxed In: Options Recap

The country's No. 2 lender was met with shrugs after raising its dividend last week, and now traders are looking for the stock to...

A Third Straight Winning Month for Stocks

Stocks declined last week, but it still felt like a gain. The S&P 500 fell 1.3 percent between Friday, June 22, and Friday, June 29....

Dorsey crashes the Top 10: June at TradeStation

June was another big month for social-media at TradeStation, with Twitter (TWTR) crashing the Top 10 list of busiest symbols. Jack Dorsey's micro-blogging platform rose...

In search of millennial melt-ups: Sprint

Last week we reviewed a couple of "millennial melt-up" stocks. We're continuing today with a name many younger adults likely know well: Sprint (S). Remember,...

Guess who’s raiding the medicine chest

News reports have seen it coming for months, but now it's official: Amazon.com (AMZN) is attacking drug distributors. AMZN announced the purchase of closely held...

Bulls pivot back to energy: Midweek sector check

The S&P 500 is bouncing at its 50-day moving average as the market drifts into the dog days of summer. Here's a breakdown of the best-...

Medical device giant targeted for breakout: Options recap

Medical-device giant Medtronic (MDT) has gone nowhere for the last two years, but options traders are looking for a breakout. About 25,000 August 90 calls...

How a bull’s playing sneaker earnings: Options recap

Last quarter iconic sneaker maker Nike (NKE) surprised to the upside. One big options trader seem to expect more good news  tomorrow night. Here's a...

A look behind Monday’s wild ride

"Lows are never made on Friday." That old trader's rule of thumb seems truer than ever now. The basic idea is that when a week...

How stocks may be signaling slower growth

Even before today's market tumble, stocks seemed to be dismissing good economic news. Most of the U.S. numbers, after all, have impressed recently. Measures of...
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