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Options Alert: Nvidia Reports Earnings Tonight

Options Alert: Nvidia Reports Earnings Tonight

Nvidia reports earnings this afternoon, which could trigger countless trades across the options market. The AI chip giant is the second-busiest options underlier, trailing only the SPDR S&P 500 ETF (SPY). That can help traders position for upside, downside or...

Intel Rallies on Sudden Flurry of Bullish News

Intel Rallies on Sudden Flurry of Bullish News

After years of being left for dead, Intel is coming to life. The chipmaker jumped 16 percent yesterday, its biggest gain since the 2020. That surge followed its best week (+24 percent) since January 2000, near the peak of the dotcom bubble. The stock is now above its...

Chips Push Higher Before Big Tech Earnings

Chips Push Higher Before Big Tech Earnings

Fourth-quarter earnings season has begun. Financials were the first major sector to report and the agenda will soon turn to large technology companies like Microsoft and Apple. This article will cover some key dates and recent news on these major growth stocks. It...

Wall Street Is Bracing for a Less Dovish Fed

Wall Street Is Bracing for a Less Dovish Fed

Stocks are falling as traders brace for fewer rate cuts from the Federal Reserve. The S&P 500 slid 0.6 percent between Friday, December 6, and Friday, December 13. It was the first negative week in the last four. More than three-quarters of the index's members...

Options Alert: Long-Term Position Stays Bullish on Chip Giant

Options Alert: Long-Term Position Stays Bullish on Chip Giant

Will Broadcom be the next company to achieve a $1 trillion valuation? One big options trader may think so. Check out this unusual activity yesterday in AVGO, which is up more than 50 percent so far this year: 7,000 December 200 calls were purchased for $5.40. 7,000...

Chips Lead a Violent Comeback as Sellers Vanish Before the Fed

Chips Lead a Violent Comeback as Sellers Vanish Before the Fed

Sellers are disappearing into thin air as investors prepare for the Federal Reserve to cut interest rates for the first time since the pandemic. The S&P 500 surged 4 percent between Friday, September 6, and Friday, September 13. It was the biggest weekly gain...

After Months of Weakness, Are Megacaps Ready for a Comeback?

After Months of Weakness, Are Megacaps Ready for a Comeback?

Megacap growth stocks have lagged for a few months, but some investors may see potential for the tide to turn. The Nasdaq-100 led the market in the first half of 2024, powered by AI stocks like Nvidia (NVDA). It stalled in July as money shifted into sectors like real...

Tech Unwind Continues as Traders Wait for the Fed

Tech Unwind Continues as Traders Wait for the Fed

Technology stocks are still falling as investors wait for big news events like inflation and the Federal Reserve. The Nasdaq-100 shed 5.9 percent of its value in the holiday-shortened period between Friday, August 30, and Friday, September 6. It was the biggest weekly...

Stocks Keep Running as Inflation Fades and Apple Breaks Out

Stocks Keep Running as Inflation Fades and Apple Breaks Out

Stocks are hitting new highs as inflation eases and Apple breaks out. The S&P 500 rose 1.6 percent between Friday, June 7, and Friday, June 14. It was the second consecutive positive week, and the second straight record weekly closing high. The technology-heavy...