Markets
Options Alert: Bears Are Targeting a 30-Year Low in the Top Cruise Operator

Options Alert: Bears Are Targeting a 30-Year Low in the Top Cruise Operator

Travel stocks like cruise ships have accelerated lower in the past month, and yesterday the options flow turned bearish in the biggest operator. Carnival (CCL) was especially active, with more than 126,000 puts changing hands. That was triple the average in the last...

‘Bear Market’ Is Trending as Inflation Pummels Corporate America

‘Bear Market’ Is Trending as Inflation Pummels Corporate America

Investors are freaking out about the stock market as inflation pummels major retailers like Walmart and Target. The S&P 500 fell 3 percent last week. At one point on Friday it slipped below 3855, representing a 20 percent drop from the high of 4819 on January 4....

Historic Selloffs in Walmart and Target as Inflation Crushes Profit Margins

Historic Selloffs in Walmart and Target as Inflation Crushes Profit Margins

Retailers are having a bearish week as inflation hammers major chains like Walmart and Target. The pain began on Tuesday when WMT reported sales growth of 2.4 percent, but a 23 percent drop in operating income. TGT followed by announcing that revenue increased by 4...

Chart of the Day: U.S. Dollar Is Breaking Major Levels

Chart of the Day: U.S. Dollar Is Breaking Major Levels

While everyone is focused on the meltdown in technology stocks and bond prices, the U.S. dollar is hitting even more historic levels to the upside. The U.S. Dollar Index started moving in late 2021 as the Federal Reserve got more hawkish. It accelerated after Russia...

Stocks Cling to Support as Inflation Rages and Interest Rates Surge

Stocks Cling to Support as Inflation Rages and Interest Rates Surge

Stocks are trying to hold a support level as investors worry about inflation and soaring interest rates. The S&P 500 slid 0.2 percent between Friday, April 29, and Friday May 6. The index swung wildly despite the small closing change. It initially plunged within a...