Tuesday, July 23, 2024

Traders Think Mega Bank Is Boxed In: Options Recap

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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

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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

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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

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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

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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

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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

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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

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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

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"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

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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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