Friday, May 29, 2020

Bulls active as Fed prepares rate hike

Bulls are running in the stock market, even with interest rates set to climb this week. The S&P 500 rose 1.6 percent between Friday, June 1, and Friday, June 9. Not only did the index reach...

Options traders see fireworks in beaten down tech stock

Options traders seem to expect a hot summer from a forgotten tech stock. More than 19,000 July 29 calls traded in Juniper Networks (JNPR) on Friday. Buyers initially paid $0.56 and kept nibbling as the...

Retail giving tech a run for its money

After a violent rally in retail, can the consumer dethrone Tech? Five of the 10 best performing members of the S&P 500 this week are retailers or apparel names: Under Armour (UA) Kohl's (KSS) Macy's...

Feeding frenzy in the Golden Arches: Options recap

The world's top burger joint has gone nowhere all year. But yesterday news of a corporate shakeup triggered a feeding frenzy in the Golden Arches. McDonald's (MCD) ripped 4.37 percent to $169.48, its highest close...

The Shocking Truth About IPOs

For years, initial public offerings performed poorly. But that seems to be changing right before our eyes. Several companies have ripped higher since going public in the last few months. Technology has dominated the trend,...

Big techs battle over privacy: WWDC review

Maybe we should have guessed it. After all, Tim Cook spent most of the last month bashing Facebook (FB) for collecting user data. Now it turns out there's some bark to his bite. Apple (AAPL)...

Two sectors on breakout watch

This post is intended for educational purposes and should not be considered a trading recommendation. Two sector funds may be on breaking out as bullish sentiment returns to the stock market. The SPDR Materials ETF (XLB)...

Safe havens slammed as bulls charge: Midweek sector check

The S&P 500 is showing signs of a breakout as investors pile into higher-risk stocks. Meanwhile, safe havens are getting slammed. Here's a breakdown of the best- and worst-performing industries over the last five...

What’s cooking in copper?

Just two days ago, a large bullish call roll appeared in copper giant Freeport McMoRan (FCX). The red metal's gone straight up since the options trade appeared. Copper futures (@HG) rose about 1.8 percent today,...

Why furniture bulls may expect an earnings pop

Will a high-end furniture stock go higher? At least one big trader seems to think so. RH, formerly known as Restoration Hardware, peddles four-figure sofas, rugs and cabinets. Yesterday someone bought 5,000 June 110 calls for...
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