I think we're probably in for a quiet day of two, regardless of market direction, traders, investors and portfolio managers will have to digest the enormous trading volume experienced on both Thursday and Friday, especially Friday. This will be an incredibly thin week for earnings releases. The headline-level names reporting this week will be Micron Technology (MU) on Wednesday afternoon, and Costco (COST) on Thursday afternoon. Other than that, a couple of well-known names like Au...
This week will bring key remarks from Federal Reserve officials, including Chair Jerome Powell, following last week’s rate cut. Investors will also be watching Friday's release of the August PCE inflation data to see if inflation continues to cool. Housing data will be another focal point, with new and pending home sales, housing prices, and consumer sentiment surveys being released. Earnings reports are expected from companies like Micron Technology, Cost...
The first half of 2024 has been a consistently profitable period for my investments, largely driven by my disciplined and strategic responses to earnings reports and news. And by carefully analyzing financial statements and market sentiment, I have been able to profit significantly from selling options and employing strangle strategies. Additionally, buying stocks ahead of anticipated positive news and earnings reports has proven to be highly effective! ...
Nvidia announced its sixth stock split, with shares set to trade at one-tenth their current price starting June 10, 2024. Before the Q1 2024 earnings call on May 22, when the split was revealed, NVDA closed at $949.50. Since then, the stock has surged past the $1,150 mark, reaching all-time highs. To be eligible for the split shares, investors must own the stock by the market close at 4 pm ET on June 6, 2024. Nvidia's last 4-for-1 split i...
Nvidia delighted investors when it announced a 10-for-1 stock split last week. The move may be the start of a trend, as several prominent tech companies trade at prices high enough to tip the scales toward similar splits, according to a note from Bank of America. The bank highlights 36 S&P 500 companies with stock prices above $500, a level suggesting they may be candidates for splits.$博通 (AVGO.US)$,$超微電腦 (SMCI.US)$, ...
Stock prices may see larger-than-normal moves during earnings season, making it a potentially attractive time for options traders. For investors looking to trade against these moves, you should always keep track of how the options might shift after their earnings. Although the earnings season has started to wind down, retailers and internet giants are still expected to release major earnings this week. The highl...
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Housing data will be another focal point, with new and pending home sales, housing prices, and consumer sentiment surveys being released. Earnings reports are expected from companies like Micron Technology, Cost...
The bank highlights 36 S&P 500 companies with stock prices above $500, a level suggesting they may be candidates for splits. $博通 (AVGO.US)$, $超微電腦 (SMCI.US)$ , ...
Although the earnings season has started to wind down, retailers and internet giants are still expected to release major earnings this week. The highl...
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