Thursday, May 9, 2024

Don’s Notebook May 23, 2018

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New homes have been one of the strongest areas of the economy, however today's April New Homes Sales Report is expected to show a decrease from the March total. A related announcement from the...

In Case You Missed All the IPOs

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Technology has dominated IPOs recently, but some energy names and a yoga-themed hotelier have also surged of late.

Industrials May Be on the Mend

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Economic news has been positive as the SPDR Industrial ETF (XLI) breaks resistance.
Where Traders Hope to Clean up after Sports-Betting Decision

Where Traders Hope to Clean up after Sports-Betting Decision

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The U.S. Supreme Court opened up sports betting with its decision on Monday, and traders were quick to put their chips on the table in a handful of stocks. Scientific Games (SGMS) led the charge with...

Don’s Notebook May 9, 2018

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Don’s Notebook May 9, 2018 Producer prices open three straight days of inflation data. Today’s announcement, the Producer Price Index (PPI) of the Bureau of Labor Statistics (BLS) is a family of indexes that measures...

Don’s Notebook May 4, 2018

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Payrolls rose 164,000 after an upwardly revised 135,000 advance,  according to the Labor Department data announced earlier today. The jobless rate fell to 3.9 percent, the lowest since December 2000, after six months at...

Don’s Notebook May 3, 2018

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Don’s Notebook May 3, 2018 March looks to have been a very good month for the trade balance, the month when tariffs and trade wars first hit the news. The trade deficit fell in March...

Don’s Notebook May 1, 2018

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The Institute for Supply Management (ISM report) came in lower than Street consensus at 57.3 (vs. estimates of 57.5-60.) This survey asks purchasing managers about the general direction of production, new orders, order backlogs,...

Bulls Return to Gaming Space: Options Recap

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Two weeks ago, a options traders were bullish in a slot-machine maker. Yesterday, a similar transaction lit up a race-track and casino operator. Traders bought 6,000 June 31 calls in Penn National Gaming (PENN) for $1.25 in...

IPOs come roaring to life

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April is shaping up to the best month for initial public offerings in years. Data from ClickIPO shows over $10 billion of new equity entered the market in April. That's the most since September 2014....
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