IPOs Have Another Strong Month in June
Initial public offerings (IPOs) keep coming at their quickest pace in three years.
Some $4.5 billion of stock in new companies came to market last month, according to data from ClickIPO. It was the busiest...
Some Interesting Chart Patterns as Q3 Gets Started
Stocks began July on a positive note yesterday, led by technology. Several big names are also showing some patterns that could be interesting -- especially if investors are seeking opportunities at the start of a...
Traders Think Mega Bank Is Boxed In: Options Recap
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 remain under pressure.
Check out this giant transaction in Bank of...
In search of millennial melt-ups: Sprint
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, the goal is to find stocks trading for less than...
Guess who’s raiding the medicine chest
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 PillPack. The smaller company caters to patients who routinely take...
Bulls pivot back to energy: Midweek sector check
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- and worst-performing industries so far this week.
Winners:
Energy is surging...
Medical device giant targeted for breakout: Options recap
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 were bought on Tuesday for $0.74 -- pretty noteworthy for...
How a bull’s playing sneaker earnings: Options recap
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 breakdown of the complex, high-risk complex strategy that appeared yesterday...
Traders, keep an eye on oil
Oil is in the news today with crude futures at a potentially key level.
The main item came this morning from the U.S. State Department, which took a hard line against Iran. Washington is reportedly...
In search of millennial melt-ups: Fitbit
Earlier this week we highlighted GoPro (GPRO) as a "millennial melt-up" stock. Today's name is Fitbit (FIT).
Before discussing FIT, here's what we're looking for:
Stocks under $10 that younger investors can afford.
Companies that...
