US OptionsDetailed Quotes
KBE240920P34000
- 0.05
- 0.000.00%
15min DelayClose Sep 17 16:15 ET
0.00High0.00Low
0.05Open0.05Pre Close0 Volume61 Open Interest34.00Strike Price0.00Turnover244.19%IV36.04%PremiumSep 20, 2024Expiry Date0.00Intrinsic Value100Multiplier2DDays to Expiry0.05Extrinsic Value100Contract SizeAmericanOptions Type-0.0122Delta0.0029Gamma1061.60Leverage Ratio-0.0431Theta0.0000Rho-12.98Eff Leverage0.0014Vega
Spdr S&P Bank Etf Stock Discussion
We have lots of events coming up and happening around us - more economic data, Fed’s meeting, ongoing geopolitical tensions and wars etc, all these can cause the market to swing wildly in the month of September.
$GameStop (GME.US)$ $AMC Entertainment (AMC.US)$ $Blackrock (BLK.US)$ $Citigroup (C.US)$ $Spdr S&P Bank Etf (KBE.US)$ $SPDR Gold ETF (GLD.US)$ $Crude Oil Futures(NOV4) (CLmain.US)$ $CrowdStrike (CRWD.US)$ $Palo Alto Networks (PANW.US)$ $Enphase Energy (ENPH.US)$ $JPMorgan (JPM.US)$ $SentinelOne (S.US)$ $ARK Innovation ETF (ARKK.US)$
Market is now anticipating about 70% chance of a 25pbs cut and about 30% chance of a 50pbs cut.
Many tech stocks jumped as a result
$Disney (DIS.US)$ $Sea (SE.US)$ $SentinelOne (S.US)$ $iShares Russell 2000 ETF (IWM.US)$ $LVMH Moet Hennessy Louis Vuitton (LVMUY.US)$ $ARK 21Shares Bitcoin ETF (ARKB.US)$ $Intel (INTC.US)$ $Hewlett Packard Enterprise (HPE.US)$ $Block (SQ.US)$...
This widespread sell-off has impacted high growth and technology stocks the most.
On a side note, the rising tension in Middle East is something we should pay special attention to as well.
$Invesco QQQ Trust (QQQ.US)$ $Super Micro Computer (SMCI.US)$ $Advanced Micro Devices (AMD.US)$ $Nike (NKE.US)$ $Coca-Cola (KO.US)$ $PepsiCo (PEP.US)$ $Walmart (WMT.US)$ $Home Depot (HD.US)$ $KBW Nasdaq Bank Index (.BKX.US)$ $Spdr S&P Bank Etf (KBE.US)$ $Lemonade (LMND.US)$ $Block (SQ.US)$ $Riot Platforms (RIOT.US)$ $Vanguard S&P 500 ETF (VOO.US)$ $Peloton Interactive (PTON.US)$
Even Russell 2000 that tracks the small cap stocks was down 7% last week - so much for market rotation.
Many are wondering if the widespread sell off will continue for the rest of August, and if recession is indeed coming.
$Sea (SE.US)$ $Grab Holdings (GRAB.US)$ $CrowdStrike (CRWD.US)$ $Arm Holdings (ARM.US)$ $Snap Inc (SNAP.US)$ $Spotify Technology (SPOT.US)$ $JPMorgan (JPM.US)$ $Bank of America (BAC.US)$ $Disney (DIS.US)$ $Spdr S&P Bank Etf (KBE.US)$ $Coca-Cola (KO.US)$
In contrast, Russell 2000 index (small cap stocks) rose about 3%
Will the market rotation continue this week?
$SPDR S&P 500 ETF (SPY.US)$ $GameStop (GME.US)$ $iShares Russell 2000 ETF (IWM.US)$ $Adobe (ADBE.US)$ $Visa (V.US)$ $ProShares UltraPro Short QQQ ETF (SQQQ.US)$ $Lululemon Athletica (LULU.US)$ $Spdr S&P Bank Etf (KBE.US)$ $Financial Select Sector SPDR Fund (XLF.US)$ $Sea (SE.US)$ $Grab Holdings (GRAB.US)$ $Snowflake (SNOW.US)$ $Peloton Interactive (PTON.US)$
Let’s see if they can offer some guidance on economy outlook for the rest of the year
$Goldman Sachs (GS.US)$ $American Express (AXP.US)$ $Bank of America (BAC.US)$ $Financial Select Sector SPDR Fund (XLF.US)$ $Spdr S&P Bank Etf (KBE.US)$ $Citigroup (C.US)$ $Wells Fargo & Co (WFC.US)$ $JPMorgan (JPM.US)$ $Morgan Stanley (MS.US)$
The interesting thing is that, as stocks continued to climb higher, Wall Street analysts have been scrambling to revise and increase their year-end forecast for the S&P 500.
This is an evidence that no one can accurately predict the market direction. All we can do is to go with the marker flow.
$Morgan Stanley (MS.US)$ $Bank of America (BAC.US)$ $Financial Select Sector SPDR Fund (XLF.US)$ $Intel (INTC.US)$ $SPDR Dow Jones Industrial Average Trust (DIA.US)$ $Spdr S&P Bank Etf (KBE.US)$ $SPDR Gold ETF (GLD.US)$ $U.S. 10-Year Treasury Notes Yield (US10Y.BD)$ ...
It’s the first time that Apple had crossed that $200 mark. Given the current momentum, I think sellers will dry up a little, until they start taking profits (which we would not know when)
Meanwhile, don’t forget, we have CPI and Powell speaking today (Wed) - these 2 are really big wildcards.
$ChargePoint (CHPT.US)$ $Snowflake (SNOW.US)$ $UP Fintech (TIGR.US)$ $SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$ $Invesco QQQ Trust (QQQ.US)$ $Alphabet-A (GOOGL.US)$ $iShares Bitcoin Trust (IBIT.US)$ $ARK Genomic Revolution ETF (ARKG.US)$ $Financial Select Sector SPDR Fund (XLF.US)$ $Spdr S&P Bank Etf (KBE.US)$ $Nasdaq Composite Index (.IXIC.US)$
So are we seeing a bit of exhaustion in the market after a strong month? Is the market taking a breather?
$Dow Jones Industrial Average (.DJI.US)$ $SPDR Dow Jones Industrial Average Trust (DIA.US)$ $CBOE Volatility S&P 500 Index (.VIX.US)$ $Vanguard S&P 500 ETF (VOO.US)$ $iShares Russell 2000 ETF (IWM.US)$ $iShares Core S&P 500 ETF (IVV.US)$ $Advanced Micro Devices (AMD.US)$ $Crude Oil Futures(NOV4) (CLmain.US)$ $Coca-Cola (KO.US)$ ...
With inflation not falling fast enough, US economy slowing down, and unemployment ticking up, are these signs of a stagflation?
Stocks covered in my latest video: SPY, AAPL, TSLA, GOOGL, META, MSFT
$Bank of America (BAC.US)$ $JPMorgan (JPM.US)$ $Intel (INTC.US)$ $Goldman Sachs (GS.US)$ $Disney (DIS.US)$ $Johnson & Johnson (JNJ.US)$ $Starbucks (SBUX.US)$ $Enphase Energy (ENPH.US)$ $Financial Select Sector SPDR Fund (XLF.US)$ $Spdr S&P Bank Etf (KBE.US)$ $SPDR Dow Jones Industrial Average Trust (DIA.US)$ $SPDR Dow Jones Industrial Average Trust (DIA.US)$ $iShares Russell 2000 ETF (IWM.US)$ $iShares Core S&P 500 ETF (IVV.US)$ ...
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