Fears of an Earnings Slowdown Batter Stocks: May 31, 2024
Tumbling interest rates haven’t halted the sharp bearish reversal that occurred shortly after the 9:30 am bell.
View ArticleAnother Day, Another Head Fake
Today’s activity is not as egregious as last Thursday’s reversal, but it is cut from the same cloth. This morning, thanks to a PCE Core Deflator reading that met expectations, we see something...
View ArticleNVIDIA and GameStop setting the pace
NVIDIA (NVDA) and Adv. Micro Devices (AMD) announced new AI chips. Treasury yields are lower. "Roaring Kitty" posted a screenshot showing a big position (common stock and call options) in GameStop...
View ArticleGameStop Nearly Doubles, AMC Soars 30% Premarket: What’s Setting Meme Stocks...
The resumption of the meme rally came on the back of Keith Gill, also known as “Roaring Kitty,” disclosing a substantial position in GameStop on the r/Superstonk Reddit forum.
View ArticleImplied Volatility May Rise, Credit Spread May Widen Amid High Stakes Data
The next 7 to 10 day trading will be filled with market moving data and news.
View ArticleShort Report: GroupOn bears refresh their bets as shares bounce
Short positioning on Groupon rises to three-month high after meme-stock rally, strong Q1 results drove 50% stock advance.
View ArticleWeekly Market Recap: June 3, 2024
This week’s chart illustrates this by showing that real oil prices, excluding the shocks of the pandemic and Russia/Ukraine War, have remained relatively stable.
View ArticleQuality, Factor Momentum, and the Cross-Section of Returns
Among the traits typically used by practitioners to define a quality company are low earnings volatility, low financial leverage, high gross profitability, high return on equity, low operating...
View ArticleHigh Points for US Economic Data Scheduled for June 3 Week
The June 3 week focus will be firmly on labor market conditions and how these might affect the upcoming FOMC meeting on June 11-12.
View ArticleEconomic Update: June 3, 2024
Weekly Economic Update for the week of June 3, 2024: growth, jobs, profits, inflation, rates, risks, and investment themes.
View ArticleHow to Kill a Zombie
Over the weekend I prepared to write today’s column about the spectacular end-of-month, mark-the-close rally that launched the S&P 500 Index (SPX) nearly 1% higher in the last 15 minutes of...
View ArticleStocks Dive Following Meme Hype: Jun. 3, 2024
Meme mania caused stocks to surge north this morning as we flipped the calendar to June, but the rally, ignited by stock investor Roaring Kitty, was short-lived as investors shifted their focus to...
View ArticleChart Advisor: Tracking Utilities New Highs
We begin by reviewing the monthly total-return chart of the S&P 500 Utilities sector. The trend is repairing itself after breaking below a decade long uptrend line last year. For assets purchased...
View ArticleChart Advisor: Examining India’s Uptrend
Emerging market equity primarily consists of companies from China, India, and Taiwan. Using the MSCI Emerging Markets Index as a proxy, the 3 countries account for over 60% of the asset class. Post...
View ArticleTop ten most shorted ETFs still attract inflows
Over the last month, the ten most shorted ETFs have continued to attract positive flows.
View ArticleTrading Options On GameStop? GME Stock Price Action Explained
The world of meme stocks is back with a vengeance, and GameStop (NYSE: GME) is once again at the forefront of this resurgence.
View Article1,000 Calls Spreads Trade in Cerevel Therapeutics Holdings, Inc. (Symbol: CERE)
This morning 1,000 Cerevel Therapeutics Holdings, Inc. (Symbol: CERE) October 18 ’24 42.5/45 vertical call spreads traded for $1.60.
View ArticleIBKR’s Hottest Shorts as of 05/30/2024
IBKR's hottest shorts as of May 30, 2024: Largest Short Values, Most Requested Stocks and ETFs, Highest Borrows Fees.
View ArticleDividend Stocks To Consider In June 2024? 2 In Focus
The stock market offers a platform for investors to buy shares in companies. Potentially earning profits through dividends.
View Article800 Years on the Financial Markets
The accumulation of data on returns over the last centuries enables one to understand how the Equity Risk Premium has changed over time.
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