Tuesday, May 7, 2024
There are a few asset types that typically serve as safe-haven investments—assets commonly used by investors when they are concerned about the market. Whether the concerns are economic or political in nature doesn’t really matter. The most common safe-haven investments are gold and bonds. A third category that isn’t quite as popular is utility stocks. […]
There was a significant amount of unusual options activity in Palantir (PLTR) last week, with volume 9x the regular amount on one day last week. The data analysis company’s products are used for defense and intelligence and could replace more expensive technology/resources in the US if military spending is cut. The stock was up big […]
The search for yield has been a long-term theme among investors, for more than a decade. Interest rates have been microscopic ever since the Great Recession, and many fixed income products have lost their allure. At first, asset classes like muni bonds and high yield corporate debt became the go-to products for those looking for […]
There’s been a massive amount of unusual options activity in electric vehicles and related companies this past week. FuelCell Energy (FCEL) makes hydrogen fuel cells for power plants, although the technology is often talked about for use in electric vehicles, and has seen its share price climb 109% this past week. FCEL options traded 11x […]
Although the U.S. elections are garnering most of the media attention, the bigger deal for investors is the potential success of a coronavirus vaccine. The Pfizer (PFE) and BioNTech (BNTX) vaccine, with its 90% success rate in trials, could be a significant game changer for a world desperately seeking to find its way out of […]
It may sound like a broken record, but there has once again been a massive amount of options action in Nio (NIO). The Chinese electric vehicle company is up an eye-popping 1,100% so far this year, as it continues to impress investors with robust growth numbers. Perhaps even more impressive, 2 million options contracts traded […]
There’s a whole lot to unpack from last week. After five days of waiting for definitive numbers, media outlets have called the presidential election for Joe Biden. Senate control may take until January to decide due to two runoffs in Georgia. In other words, the market has plenty to digest. Before we talk about trading […]
While most eyes were on the US election, Chinese electric vehicle maker Nio (NIO) is off to the races. NIO’s stock price has climbed over 37% this past week and is up a whopping 838% for the year. The company recently announced strong October sales and better than expected growth. At least one analyst expects […]
Earnings season has pretty much been a non-event this year, with investors entirely focused on the election and the COVID-19 pandemic. The week leading up to the election has been extremely volatile, and you could indeed be forgiven for not realizing earnings are still rolling out. The thing is, what may have been overlooked with […]
Idea-sharing social media site Pinterest (PINS) is seeing a lot of options action after posting standout earnings. Like many social media companies, PINS is thriving from the remote work/study/play environment brought on by the pandemic. PINS user growth and ad revenues were better than expected, and the stock jumped over 26% higher on the day […]
