Friday, May 17, 2024

Options Alert: Two Giant Trades In Uber Technologies

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Uber Technologies has been steadily trending higher, and options traders seem to think the move will continue. Two large transactions appeared in the ride-sharing stock yesterday. Both were bullish, although one involved significant risk and...

Health Care Leads New Highs as the Stock Market Recovers

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Something new happened in the stock market yesterday following a month of steady gains: some names are breaking out. Twenty three members of the S&P 500 made new 52-week highs on Monday. That was the...

Options Alert: Call Buyers Target Plug Power After Amazon.com Deal

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Options traders are buying the pullback in Plug Power, two weeks after a key deal with Amazon.com. Unusual activity in the provider of hydrogen-fuel technology began less than five minutes after Wednesday's opening bell. Traders...

Is Inflation Making a Comeback as the Fed Looks to Cut Interest Rates?

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The stock market has been optimistic about inflation since late 2023, but price pressures may be returning as the Federal Reserve considers interest-rate cuts. The price of energy, shelter and materials have quietly risen in...

Options Traders May Think Carnival Will Keep Sailing Higher

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Carnival is the top-performing member of the S&P 500 in June, and one big options trader may think it will keep sailing over the summer. Check out this unusual options activity yesterday in the cruise-ship...

Options Alert: Trader Looks for More Upside in Chinese Tech Stock

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Chinese technology stocks have been jumping, and one options trader is positioning for the move to continue. Check out this unusual activity this afternoon in e-commerce company JD.com (JD): Some 5,000 February 70 calls were purchased...

Stocks Pause Near Record Highs Before Inflation, Earnings

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Stocks are pulling back as traders wait for key inflation data and the start of earnings season. The S&P 500 fell 1.5 percent in the holiday-shortened period between Friday, December 29, and Friday, January 5....

Historic Turmoil Slams Credit Suisse. Here Are the Key Facts

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Credit Suisse has taken a wild ride as investors worry about the iconic European lender. The Zurich-based investment bank's U.S.-listed shares began the week by knifing to a record low of $3.71, 75 percent below...

Could This Week’s Events Get Walmart Moving Again?

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Walmart has been stuck in a tight range, and some events this week could trigger a move. The retail giant broke out to new record highs on February 20 before settling into a range between...

Options Alert: Bearish Traders Could Be Sticking With Western Digital

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Western Digital tried to bounce after a big drop, but the bears don't seem to be going away. Check out this unusual options activity in the maker of data-storage products: A block of 7,500 October 36...
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