As bad as it's been for the energy sector, weakness in two other places in the markets is grabbing more attention ... technology and financials.» Read More
Better-than-expected January sales lifted the market out of the doldrums on Thursday, and, in the retail sector, Citi Investment Research's Deborah Weinswig has some favorites to recommend to stock-market investors.
Dow Chemical is seeing strong call activity despite a posting a weak earnings report yesterday. Early Thursday, traders bought some 10,700 calls at the February 12.40 strike, which quickly rose in price from $0.20 to $0.35. Many of those calls (DOWBV) were bought in blocks as large as 2,448 contracts each
Semiconductor stocks have been trying to break to higher levels — and options traders appear optimistic that they will succeed. Take the Semiconductor HOLDRS (SMH) ETF, for instance...
Fifth Third Bancorp is attracting heavy call activity as it reaches new 52-week lows. FITB is but a shadow of its $28.58 high from last March, dropping 70 percent last month alone and closing yesterday only a nickel above its new $1.74 low. That was enough to draw options traders, as calls outnumbered puts by 10,000 to 1,700.
Investors should move their money from a couple of big European names to the world's biggest retailer, according to GeertJan Nikken, a technical analyst at Rabobank.
Laura Champine, senior retail analyst for Cowen & Co., has been at the mall, shopping for good retailers, and she's got some very definite ideas about the few positive trends out there.
Caterpillar is seeing heavy options activity as its stock trades moderately higher Wednesday. Calls outnumber puts by a 3-1 ratio and are concentrated at the February 33 strike, where contracts were bought for $0.77, $0.80, and $0.81. Some May 40 calls also traded for $0.88, according to OptionMonster's real-time tracking systems.
Corporate earnings reports are living up — or down — to expectations. That's good, according to CastleArk Management's Jerry Castellini. He's enthusiastic about some stock sectors, especially for the long run.
Traders were buying calls in Micron Technology for the second day in a row right after the opening bell Wednesday, following a federal court ruling in California that halted a patent infringement case brought by rival Rambus.
Intuitive Surgical has rallied more than $20 in the last five sessions since we cited unusual buying of stock and options in the company. The sharp rise has taken place amid persistant takeover rumors involving Johnson & Johnson and the robotic surgery giant.
The economic slowdown remains front and center as some of the most influential CEOs convene at the Crain’s "Future of NYC" conference. Business chiefs that have been affected by the recession are brainstorming on ways to ride out these troubled times.
Options activity spiked early Tuesday for Micron Technology, which has been rallying in the face of a dismal outlook in the chip industry. This morning, right out of the gate, the MU March 4 calls lit up OptionMonster's tracking systems, as buyers jumped in to snap up more than the open interest...
Investors need to learn an important lesson, according to Signal Hill's Trace Urdan: Put your money in education stocks. "People want to go back to school when times are tough," he told CNBC.
Financials. It's a word stock-market investors have not been using a lot lately, but Rob Morgan of Clermont Wealth Strategies is nibbling around the edges.
David Dietze of Point View Financial Services sees light at the end of the tunnel. He's cautiously optimistic about financial stocks.
Call options are heating up in Amgen, which is up slightly Monday in a sluggish market. As AMGN trades at about $55.20 the Febuary 57.5 and 60 calls are drawing a few nibbles, but most of today's action involves the Febuary 65 calls. What's it mean?
A large options trade Monday is betting on a dramatic move in Constellation Energy Group. ... That, my friends, is a "put-ratio backspread" — a spread that anticipates and demands a major move to make money.
Alan Gayle says it's time for a cautious move back into the stock market. "We see what I would call a transition from the problems...and the promise of the stimulus package that is coming forward in addition to the Fed easing and the like that we've seen," the senior investment strategist at RidgeWorth Capital Management told CNBC.
Biopharmaceutical company Synta is seeing some unusual options activity a week before presenting at a major industry conference.
Intuitive Surgical, a California company that makes endoscopic instruments, is running higher along with heavy options activity amid takeover rumors.