Eric TC
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As we step into 2025, the recent Federal Open Market Committee (FOMC) meeting has sent ripples through global markets. Last Wednesday's meeting not only raised the inflation outlook but also signaled a restrained approach to rate cuts, leaving investors scrambling to evaluate its potential impacts on the financial landscape.
Powell's Hawkish Tone Shakes Wall Street
During the December FOMC meeting, Jerome Powell's hawkish stanc...
Powell's Hawkish Tone Shakes Wall Street
During the December FOMC meeting, Jerome Powell's hawkish stanc...
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Eric TC
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Happy Friday, traders. It's December 20th, and the market fell at the opening bell, but prices recovered after snow began falling on Wall Street. Since the FOMC Wednesday meeting, markets have trended lower. PCE inflation numbers came in lower than expected- growing at 2.4% and core prices at 2.8%.
$Novo-Nordisk A/S (NVO.US)$ Shares dropped 20% after a trial of the CagriSema obesity drug, which showed that patients lost 22.7% o...
$Novo-Nordisk A/S (NVO.US)$ Shares dropped 20% after a trial of the CagriSema obesity drug, which showed that patients lost 22.7% o...
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Eric TC
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Global markets
Powell cut rates, but hawkish cut! It sent US equities to a sea of red, DJ (-2.58%), S&P (-2.95%) and Nasdaq (-3.62%). Market already fully priced in 25 bps cut but the hawkish tone deteriorated risk sentiment.
Chair Powell said “today was a closer call” whether Fed decided to cut or not. Interest rates may not go down as fast as investor expected. “From here, it's a new phase, and we're going to be cautious about further cuts.”
VIX (1-month...
Powell cut rates, but hawkish cut! It sent US equities to a sea of red, DJ (-2.58%), S&P (-2.95%) and Nasdaq (-3.62%). Market already fully priced in 25 bps cut but the hawkish tone deteriorated risk sentiment.
Chair Powell said “today was a closer call” whether Fed decided to cut or not. Interest rates may not go down as fast as investor expected. “From here, it's a new phase, and we're going to be cautious about further cuts.”
VIX (1-month...
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Eric TC
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Happy Thursday, December 19th. The market climbed after tumbling Wednesday following an FOMC dot plot projection that painted a sorry picture of next year's inflation. Whereas inflation at the end of the year was previously projected to dip to 2.1%, the new projection sees it hitting 2.5% by the end of 2025.
$Micron Technology (MU.US)$ shares are trading lower 13% Thursday after the company reported mixed earnings results...
$Micron Technology (MU.US)$ shares are trading lower 13% Thursday after the company reported mixed earnings results...
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Eric TC
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$Micron Technology (MU.US)$ put options volume jumped Thursday as the stock headed for its worst slump since the global pandemic after the semiconductor company's earnings and revenue outlook missed analysts' estimates.
The stock tumbled almost 17% to $8643 at 1:30 p.m., boosting the appeal of put options that can protect holders against further declines. More than 316,000 put options were traded so far across 19 expiration...
The stock tumbled almost 17% to $8643 at 1:30 p.m., boosting the appeal of put options that can protect holders against further declines. More than 316,000 put options were traded so far across 19 expiration...
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Eric TC
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$Apple (AAPL.US)$ joined $NVIDIA (NVDA.US)$, $Tesla (TSLA.US)$ and $Palantir (PLTR.US)$ in the list for the four most active stock options as the iPhone maker's market cap nears $4 trillion.
Shares of Apple rallied 12% since the end of October, adding almost $400 billion to its market capital amid optimism over the positive impact on tech giants from growing demand for artificial intelligence. That's bigger than th...
Shares of Apple rallied 12% since the end of October, adding almost $400 billion to its market capital amid optimism over the positive impact on tech giants from growing demand for artificial intelligence. That's bigger than th...
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As 2024 draws to a close, the Malaysian stock market has once again entered a period of volatility. Looking back over the year, the $FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$ surged in the first three quarters, gaining over 13% and briefly reaching a high of 1680. However, it entered a consolidation phase in the fourth quarter. As of the date of this report, the market still shows nearly a 10% overall gain, marking th...
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Eric TC
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$Super Micro Computer (SMCI.US)$ is seeing increasing demand for put options that could protect the holders against continued slump in the stock price.
Shares of the maker of high-powered servers tumbled more than 7% Monday morning, after the announcement late Friday that SMCI will be removed from the $NASDAQ 100 Index (.NDX.US)$ before the market opens on Dec. 23. Deletions from the index typically result from money outflows because...
Shares of the maker of high-powered servers tumbled more than 7% Monday morning, after the announcement late Friday that SMCI will be removed from the $NASDAQ 100 Index (.NDX.US)$ before the market opens on Dec. 23. Deletions from the index typically result from money outflows because...
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Columns Options Market Statistics: Broadcom Shares Surged Over 24% to Top $1 Trillion Valuation; Options Pop
News Highlights
1. $Broadcom (AVGO.US)$ shares surged over 24% on Friday, following the chipmaker's quarterly earnings call Thursday evening, where it highlighted a "massive" opportunity within the artificial intelligence sector.
The most traded calls are contracts of $225 strike price that expire on Dec. 13. The total volume reaches 93,019 with the open interest of 1,731.
2. $Palantir (PLTR.US)$ sh...
1. $Broadcom (AVGO.US)$ shares surged over 24% on Friday, following the chipmaker's quarterly earnings call Thursday evening, where it highlighted a "massive" opportunity within the artificial intelligence sector.
The most traded calls are contracts of $225 strike price that expire on Dec. 13. The total volume reaches 93,019 with the open interest of 1,731.
2. $Palantir (PLTR.US)$ sh...
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Eric TC
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$Alphabet-A (GOOGL.US)$ options volume more than tripled Tuesday as the shares of the tech giant jumped to the highest since July after the company unveiled its quantum chip. That Willow chip solved in less than five minutes a standard benchmark computation that would take the fastest supercomputers 10 septillion years.
"Google's quantum chip breakthrough suggests the company's chip advantage on the data-center side...
"Google's quantum chip breakthrough suggests the company's chip advantage on the data-center side...
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