Market Insights
Bringing you the trading news around the world.
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Silver may be nearing a breakout
Something bullish may be brewing in silver. The TradeStation platform shows silver futures (@SI) up 3 percent in the last two months. Gold futures (@GC), on the other hand are down 3 percent. That's a odd because the two metals usually move in tandem. Perhaps even...
Where options traders are mining for a rally
Someone wants to turn iron into gold with options. Here's the large bullish trade detected yesterday in Cleveland-Cliffs (CLF): 25,000 August 8 calls bought for $1.29. 25,000 August 8 puts sold for $0.28. 25,000 June 7 calls sold for $1.96 as an existing position...
Fun and games on the rise: Midweek sector check
The S&P 500 is up fractionally on the week as investors target some newer areas of the market. Here's a breakdown of the best- and worst- performing industry groups at the half-way point: Winners: Media is the biggest gainer, led by 10 percent surges in...
Another cloud IPO screams higher
Last week Zscaler (ZS) ripped to a new high on strong earnings. Today, it's Pivotal Software's (PVTL) turn. PVTL rose about 25 percent in morning trading to a new high after subscription revenue shot up 69 percent. Profit beat. Revenue beat. Guidance wowed. Never...
Here come the central banks
Now that the North Korean summit is finished, attention turns to major central bank meetings on both sides of the Atlantic. Both are expected to push interest rates higher. The U.S. Federal Reserve gets things started at 2 p.m. ET today. Forecasts across the board...
Twitter’s meteoric rise continues
Twitter (TWTR) was added to the S&P 500 index last week, and the money keeps pouring in. The social-media stock traded within a few cents of $44 early this morning, the highest level in more than three years. It's thoroughly outperformed larger rival Facebook (FB)...
China’s challenge to Silicon Valley
Chinese tech stocks warmed up this spring. Will they have an even hotter summer? Iqiyi (IQ), the "Netflix of China," is up more than 60 percent in the last month. Mobile-based social network Momo (MOMO) rose 38 percent and e-commerce service provider Baozun (BZUN) has...
Bulls stick with copper bigwig: Options recap
Only a week ago, Freeport McMoRan (FCX) was the target of a large bullish options trade. Today the copper giant is seeing more of the same. Activity hit fast and furious in FCX's July 16 calls out of the gate this morning. Large blocks changed hands for $2.20 to...
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 stock moved higher. Pretty soon they doubled to $1.15 and even...
Silver may be nearing a breakout
Something bullish may be brewing in silver. The TradeStation platform shows silver futures (@SI) up 3 percent in the last two months. Gold futures (@GC), on the other hand are down 3 percent. That's a odd because the two metals usually move in tandem. Perhaps even...
Where options traders are mining for a rally
Someone wants to turn iron into gold with options. Here's the large bullish trade detected yesterday in Cleveland-Cliffs (CLF): 25,000 August 8 calls bought for $1.29. 25,000 August 8 puts sold for $0.28. 25,000 June 7 calls sold for $1.96 as an existing position...
Fun and games on the rise: Midweek sector check
The S&P 500 is up fractionally on the week as investors target some newer areas of the market. Here's a breakdown of the best- and worst- performing industry groups at the half-way point: Winners: Media is the biggest gainer, led by 10 percent surges in...
Another cloud IPO screams higher
Last week Zscaler (ZS) ripped to a new high on strong earnings. Today, it's Pivotal Software's (PVTL) turn. PVTL rose about 25 percent in morning trading to a new high after subscription revenue shot up 69 percent. Profit beat. Revenue beat. Guidance wowed. Never...
Here come the central banks
Now that the North Korean summit is finished, attention turns to major central bank meetings on both sides of the Atlantic. Both are expected to push interest rates higher. The U.S. Federal Reserve gets things started at 2 p.m. ET today. Forecasts across the board...
Twitter’s meteoric rise continues
Twitter (TWTR) was added to the S&P 500 index last week, and the money keeps pouring in. The social-media stock traded within a few cents of $44 early this morning, the highest level in more than three years. It's thoroughly outperformed larger rival Facebook (FB)...
China’s challenge to Silicon Valley
Chinese tech stocks warmed up this spring. Will they have an even hotter summer? Iqiyi (IQ), the "Netflix of China," is up more than 60 percent in the last month. Mobile-based social network Momo (MOMO) rose 38 percent and e-commerce service provider Baozun (BZUN) has...
Bulls stick with copper bigwig: Options recap
Only a week ago, Freeport McMoRan (FCX) was the target of a large bullish options trade. Today the copper giant is seeing more of the same. Activity hit fast and furious in FCX's July 16 calls out of the gate this morning. Large blocks changed hands for $2.20 to...
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 stock moved higher. Pretty soon they doubled to $1.15 and even...