What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -0.48%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.37%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.90%. Stocks on Friday posted moderate losses. Stocks were...
In the latest market close, Nextdoor Holdings, Inc. (KIND) reached $1.79, with a -1.65% movement compared to the previous day. This change lagged the S&P 500's daily loss of 0.48%. Meanwhile, the Dow lost 0.37%, and the Nasdaq
In the latest trading session, American Woodmark (AMWD) closed at $92.61, marking a -1.53% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 0.48%. At the same time, the Dow lost 0.37%,
Okta (OKTA) closed the latest trading day at $88.86, indicating a -0.65% change from the previous session's end. This change lagged the S&P 500's daily loss of 0.48%. Elsewhere, the Dow lost 0.37%, while the tech-heavy Nasdaq
MP Materials Corp. (MP) ended the recent trading session at $16.55, demonstrating a +0.18% swing from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily loss of 0.48%. Meanwhile, th
The uptrends in Amazon and Meta Platforms stocks have continued into 2024 so far, and both companies look poised to deliver solid growth in the coming quarters.
The Invesco S&P MidCap Momentum ETF is seeing unusually high volume in afternoon trading Friday, with over 583,000 shares traded versus three month average volume of about 89,000. Shares of XMMO were off about 1.5% on the day.
Components of that ETF with the highest volum
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys.
At Agree Realty, a filing with the SEC revealed that on Thursday, CEO Joey Agree p
Cotton futures on the Intercontinental Exchange can be a seasonal commodity that tends to reach annual price peaks during spring. Cotton prices have increased in early 2024, and the path of least resistance remains bullish in mid-February.
It’s been a rollercoaster week in the markets as investors digested mixed messages from the data. While the job market remains healthy, consumers held onto their cash in January, suggesting all is not well in America.
The best performing sector as of midday Friday is the Materials sector, higher by 0.8%. Within that group, Vulcan Materials Co (Symbol: VMC) and Albemarle Corp. (Symbol: ALB) are two of the day's stand-outs, showing a gain of 6.2% and 5.4%, respectively. Among the high volume
The worst performing sector as of midday Friday is the Technology & Communications sector, showing a 0.3% loss. Within that group, Adobe Inc (Symbol: ADBE) and Western Digital Corp (Symbol: WDC) are two large stocks that are lagging, showing a loss of 5.3% and 3.1%, respec
In trading on Friday, shares of Pennymac Mortgage Investment Trust's 6.75% Series C Cumulative Preferred Shares (Symbol: PMT.PRC) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $1.6875), with shares changing hands as low as $19.78 on the day.
In trading on Friday, shares of US Bancorp's 3.75% Dep Shares Non-Cumulative Perpetual Preferred Stock Series L (Symbol: USB.PRQ) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $0.9375), with shares changing hands as low as $16.99 on the day.
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Broadcom Inc (Symbol: AVGO), where a total of 28,808 contracts have traded so far, representing approximately 2.9 million underlying shares. That amounts to about 105% o
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Eli Lilly (Symbol: LLY), where a total volume of 104,065 contracts has been traded thus far today, a contract volume which is representative of approximately 10.
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in McDonald's Corp (Symbol: MCD), where a total of 22,854 contracts have traded so far, representing approximately 2.3 million underlying shares. That amounts to about 63.2
Investors eyeing a purchase of Valaris Ltd (Symbol: VAL) stock, but tentative about paying the going market price of $63.88/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the
Investors considering a purchase of NAPCO Security Technologies, Inc. (Symbol: NSSC) stock, but tentative about paying the going market price of $44.39/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put co
Investors eyeing a purchase of United Therapeutics Corp (Symbol: UTHR) stock, but cautious about paying the going market price of $215.92/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in part