— Put options rising in open interest — By Gordon Scott, Investopedia Apple (AAPL) steadily rose for much of the quarter, the largest stock by market cap has been in a downward trend for much of 2022. Apple is trading well below its 20-day moving average ahead of its fiscal first quarter earnings announcement. Analysts expect the iPhone producer to...
The net loss of 0.3% wasn't that big of a deal, to be clear. The S&P 500 has certainly snapped back from worse. What sparked the pullback isn't especially troubling either. The Fed essentially said we're poised for three to four rate hikes this year, beginning in March… a plan most investors hade already made in their heads anyway. Rather,...
The net loss of 0.3% wasn't that big of a deal, to be clear. The S&P 500 has certainly snapped back from worse. What sparked the pullback isn't especially troubling either. The Fed essentially said we're poised for three to four rate hikes this year, beginning in March… a plan most investors hade already made in their heads anyway. Rather,...
By Tyler Bundy, Benzinga Staff IBM are trading higher Tuesday after the company reported better-than-expected fourth-quarter EPS and sales results on Monday. IBM reported quarterly earnings of $3.35 per share, which beat the analyst consensus estimate of $3.14. The company reported quarterly sales of $16.70 billion, which beat the analyst consensus estimate of $16.06 billion. IBM was up 5.27% at...
It remains to be seen if it's been built to last. But, of all the scenarios the bulls could have hoped for on Monday, they one they got was the one they wanted most. No, the market didn't soar…. at least not on a net basis; today's gain of 0.28% for the S&P 500 will hardly win it any awards....
It remains to be seen if it's been built to last. But, of all the scenarios the bulls could have hoped for on Monday, they one they got was the one they wanted most. No, the market didn't soar…. at least not on a net basis; today's gain of 0.28% for the S&P 500 will hardly win it any awards....
— Netflix stock is getting crushed after the earnings report. Is it time to buy or get out of the way? — By Bret Kenwell, TheStreet.com Stocks fell on Wednesday, had a nasty bearish reversal on Thursday — and then Netflix (NFLX) really dashed the bulls' hopes, reporting a disappointing quarterly result. The market is trying to find its footing...
The market is a lot like the ocean… you never want to turn your back on it for too long. Or, to put it in more direct terms, last week (the worst week since March of 2020 when the pandemic made landfall in the U.S.) is how the market punishes traders who've learned to presume you can buy on any...
The market is a lot like the ocean… you never want to turn your back on it for too long. Or, to put it in more direct terms, last week (the worst week since March of 2020 when the pandemic made landfall in the U.S.) is how the market punishes traders who've learned to presume you can buy on any...
— Goldman Sachs is getting clobbered on earnings, but there's still a reasonable long setup on the dip. Here's where. — By Bret Kenwell , TheStreet.com Unfortunately for investors in Goldman Sachs (GS), the stock is continuing the pattern we've seen with a few of its peers when they started reporting earnings last week. Like JPMorgan (JPM) did last week...
