Thursday, April 25, 2024
Financials Flying as Sentiment Quickly Turns Positive

Financial ETF Soaring as Sentiment Quickly Turns Positive

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Financial stocks are on the move as changing sentiment draws money back to a forgotten corner of the market. The SPDR Financial ETF (XLF) closed at a six-month high yesterday, and has risen 3.5 percent...
Health Care Hammered as Investors Liquidate Safe Havens

Health Care Hammered as Investors Liquidate Safe Havens

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Health care stocks got slammed yesterday amid an apparent rotation away from "safe havens." The SPDR Health Care ETF (XLV) dropped 2.05 percent to its lowest price since January 30. While not that might not...
Bulls Chasing Strongest Name in a Breakout Sector: Options Recap

Bulls Chasing Strongest Name in a Breakout Sector: Options Recap

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Semiconductors have broken out to new highs, and one investor is targeting more gains in one of the industry's top performers. Marvell Technology (MRVL), whose chips are used for data storage and networking, has climbed...
Media ETF on the Move as Disney Shifts to Streaming Services

Media ETF on the Move as Disney Shifts to Streaming Services

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Media stocks are on the move as a key player in the space makes an historic shift. The SPDR Communications Services ETF (XLC) has risen almost 4 percent so far in April -- almost twice...
Pinterest IPO Is Coming to the Market For Less Than Expected

Pinterest IPO Is Coming to the Market For Less Than Expected

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The flood of initial public offerings (IPOs) continues, with attention now turning to a popular social-media service. Pinterest (PINS) announced yesterday it would issue 75 million shares for $15-17 each. Based on its 529 million...

Podcast: Is it Time for Stocks to Take a Breather?

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Stocks have risen in 12 of the last 15 weeks. But now, will investors start to worry about an expected drop in earnings when companies announce results? This year's strongest industries -- semiconductors and...

Semiconductor ETF Reclaiming Leadership in Technology

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Chip stocks began April with a bang, potentially ending a year of underperformance against other parts of the technology sector. The Market Vectors Semiconductor ETF (SMH) is up about 7 percent in the last week,...
FANG Stocks Flying as Nirvana Spreads in the Tech Sector

FANG Stocks Flying as Nirvana Spreads in the Tech Sector

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Big technology stocks are ripping as a combination of favorable conditions sweep markets. The NYSE FANG+ Index ($NYFANG) index is up more than 3 percent since Friday, putting it on pace for the biggest weekly...
Bulls Just Got Another Reason to Like the Chip Sector

Bulls Just Got Another Reason to Like the Chip Sector

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The good news keeps coming for chip makers, the hottest space in the market over the last month. Digitimes reported this morning that Taiwan Semiconductor (TSM), one of the biggest manufacturers on the planet, just...
Energy Bulls Still Looking for Oil Sands Breakout: Options Recap

Energy Bulls Still Looking for Oil Sands Breakout: Options Recap

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Options traders are targeting an obscure Canadian energy stock as oil pushes to its highest level in over four months. Check out the surging call volume yesterday in Cenovus Energy (CVE), which extracts crude oil...
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