Friday, April 19, 2024

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...

Bears Target Consumer Heavyweight: Options Recap

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Bears were moving in for the kill as a giant consumer staples firm prepared earnings. Procter & Gamble (PG), after all, has had anything but a strong track record. The parent of brands like Gillette,...

Know Your Options: Diagonal Spread Targets Apple Volatility Crush

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One of the most predictable things in the market is time decay after a big event like earnings. Have you ever used a diagonal spread to capitalize on the change? Today we'll see how...

Tech Falls as Earnings and Economic Data Disappoint

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Technology stocks took a hit last week, but the broader market still managed a fourth straight gain. The S&P 500 rose 0.6 percent between Friday, July 20, and Friday, July 27. That contrasted with the...

Suddenly Tech Is a Margin Story

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Technology stocks are usually all about growth, but in the last few days costs have been the talk of the town more recently. Facebook (FB) is the big example, losing a record $119 billion of...

Caution Reigns in Chip Space: Options Recap

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Options traders are bracing against a drop in chip makers as earnings season marches on. Here's a breakdown a large bearish spread in the Market Vectors Semiconductor ETF (SMH) yesterday: Roughly 22,000 September 100 puts...

Tech Mixed, Industrials Strong: Earnings This Week

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It was the best of times and the worst of times. The saying was seldom truer than the past week's earnings reports. Starting with the bad news first, there's one word everyone needs know: Facebook...

Banks, Rails Climb as Rates Move Higher

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Banks and railroads continue to advance as investors seem to focus on a strong U.S. economy. Banks and financials are the best-performing major sector in the S&P 500. The move comes after strong earnings from...

Oil Holds Its Ground Despite Bearish News

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Something weird is happening in crude oil: It's not going down on bad news. Last night the American Petroleum Institute reported energy stockpiles rose by 629,000 barrels, versus an estimated drop of 3 million barrels....

Suddenly Industrial Stocks Are Ripping

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While everyone has worried about tariffs and trade, a wave of positive news has emerged in the industrial sector. Last night's strong earnings report from CSX (CSX) was a case in point. America's third-biggest railroad...
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