Consumer Sentiment Derails the Pursuit of S&P 5,300: Apr. 10, 2024
Stocks strived to reclaim all-time highs this morning before the University of Michigan released an unpleasant Consumer Sentiment report.
View ArticleMichigan Says We’re Miserable
US equity markets were cruising along this morning, biding their time at modestly higher levels, and positioning themselves for yet another Friday afternoon rally fueled by expiring weekly options....
View ArticleReady for a meaningful week
You might have heard that there is some important economic data out this week. If so, you heard right. Tuesday features the April Producer Price Index and Wednesday features the April Consumer Price...
View ArticleHome Depot’s Earnings: A Look at Historical Straddle Performance
As Home Depot (HD) gears up to announce its earnings before the market opens on May 14, 2024, we analyze the options straddle—a popular options strategy among traders anticipating the earnings stock...
View ArticleHigh Points for US Economic Data Scheduled for May 13 Week
In the wake of the softer-than-expected payroll gains for April in the monthly employment report, the inflation data for April in the May 13 week become the next signpost for the outlook for Fed...
View ArticleEconomic Update: May 13, 2024
Weekly Economic Update for the week of May 13, 2024: growth, jobs, profits, inflation, rates, risks, and investment themes.
View ArticleChart Advisor: Examining Silver’s Uptrend
The demand for gold and silver is influenced by several factors, albeit with distinctions arising from their unique attributes and market perceptions. Gold is often sought after as a store of value and...
View ArticleStandard Deviation in Trading: Calculations, Use Cases, Examples and More –...
Standard deviation has a special significance in risk management and performance analysis as it is often used as a proxy for the volatility of a security.
View ArticleAre Meme Stocks Back? Here’s What’s Going On With Shares Of GameStop, AMC...
GameStop shares climbed nearly 40% in early trading Monday after social media sensation Keith Gill made his first post in three years.
View ArticleWeekly Market Recap: May 13, 2024
This week’s chart, which shows the personal saving rate from 1978 to today, reveals consumers’ unwavering spending habits over the past few years.
View Article3,000 Calls Trade in Schrödinger, Inc. (Symbol: SDGR)
This morning 3,000 Schrödinger, Inc. (Symbol: SDGR) September 20 ’24 35 calls traded for $0.55.
View ArticleInnovation to Drive Growth Outperformance
In this podcast, Alger's Director of Market Strategy Brad Neuman provides his market outlook with IBKR Senior Economist Jose Torres. Brad identifies investment opportunities while explaining the...
View ArticleThe Market’s Prion Disease Returns
Prion diseases, of which “mad cow” is the best known, are thankfully quite rare in humans. However, for better or worse, the market’s version – the meme stock trade -- recurs periodically.
View ArticleChart Advisor: Procter & Gamble Breaking Out
The current market sentiment suggests a potential shift towards a risk-off environment or a more cautious and defensive approach. This sentiment is evident in the performance of sectors such as...
View ArticleCalmness and craziness before, and after, PPI report
There was a calmness before the release of the April Producer Price Index (PPI) at 8:30 a.m. ET, and there was also a craziness — some might even say a mania. The latter had nothing to do with the PPI,...
View ArticleUsing Machine Learning Programs to Forecast the Equity Risk Premium
Most machine learning methods, especially two tree-based models (random forest and extreme gradient boosted trees), can achieve a very high in-sample fit (an R-squared of more than 80% in monthly...
View ArticleMeme Stocks To Consider Today? 2 To Know
The stock market includes a phenomenon known as “meme stocks”. These are shares of companies that gain popularity through social media and internet forums.
View ArticleSugar Market Hinges on Brazil
The sugar market has held within a 1.03 cent trading range for nearly four weeks, and during that time it failed three attempts to break out, most recently Tuesday’s upside breakout to a 4-week high.
View ArticleThe Secret Recipe for an Earnings Rally
Commentary Market Recap Earnings Markets rallied to start the month of May, seemingly because of resilient earnings, but tapered off somewhat last week due to weak outlooks. With these two competing...
View ArticleCEO Uncertainty Remains High Even As Q1 Earnings Season Ends...
Q1 earnings season winds down with retail reports over the next few weeks. The post-peak LERI reading came in at 157, showing US CEO uncertainty remains high.
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