Saturday, May 18, 2024

Options Traders Look for Marathon Oil to Keep Running

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Marathon Oil is the third-best performer in the S&P 500 this year, and options traders seem to think it will keep running. Check out this large complex trade in the Houston-based energy driller: 15,423 January 24...
Facebook, Alphabet Get Advertising Boost, Apple Traders Wait on IPhone

Facebook and Alphabet Get Advertising Boost, Apple Has IPhone Angst: Earnings This Week

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Earnings were pretty good for big technology companies like Apple. But are they good enough to overcome jitters about the pandemic and Presidential Election? We're finishing the busiest and most important week of earnings season....

Buyers Rotate into These Sectors as Tech Stalls

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Last week was rough for technology. But now investors are looking for gains in some new areas. The SPDR Industrial ETF (XLI) and SPDR Health Care ETF (XLV) are the two best performing sector funds...
Tesla Buys $1.5 Billion of Bitcoin, Launching Cryptos to New Highs

Tesla Embraces Bitcoin as Elon Musk Lights Another Fire Under Cryptocurrencies

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Elon Musk lit another fire under Bitcoin today, parking $1.5 billion of Tesla's cash in the cryptocurrency. Tesla (TSLA) announced the transaction in a Securities and Exchange Commission filing this morning. The move followed a...
Amazon, Tesla and Netflix Lead 4th of July Breakouts in Technology Sector

Tesla, Netflix and These Other Tech Stocks Broke Out Yesterday

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Tesla, Netflix and Amazon.com are leading a breakout in the technology sector as investors prepare for the Fourth of July weekend. The e-commerce giant, electric-car maker and streaming-video provider closed at new highs yesterday. But...

Social giant sneaks to new high

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Something important happened last Thursday, and few people seemed to notice. Facebook (FB) hit a new 52-week high above its February peak of $195.32. The social media giant sat quietly above that level on Friday...
Big Tech Beats, Big Tech Misses: Earnings This Week

Big Tech Beats, Big Tech Misses: Earnings This Week

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Three of the biggest companies in the U.S. have reported earnings in the last week. Their results were good, so-so, and bad. Take the good news first: Apple (AAPL) is starting to move beyond its...

How to Trade Apple During its Biggest Developer Event Ever

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America's most valuable company is making its next great leap forward. Are you keeping up? Apple (AAPL) just unveiled a new operating system (iOS 14) making it easier to manage apps, watch videos and interact...

How Low Can Oil Go?

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Energy just had its worst month in decades, and the bears are still in control. Crude oil futures (@CL) dropped 7.2 percent yesterday, their biggest decline in over three weeks. Not only did they break...
Harpoon Going Public as Market Waits for Uber IPO

Harpoon Going Public as Market Waits for Uber IPO

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Initial public offerings have faced a double-whammy of challenges, but now experts expect a pickup. First, the stock market  ended 2019 with its worst quarterly drop in over seven years. Volatility like that is a...
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