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4 min ago | SchaeffersResearch.com
Well, we've now officially retraced our non-cataclysmic declines off the highs. And all we got were some lousy t-shirts, and some worthless CBOE Volatility Index calls.
4 hrs ago | SchaeffersResearch.com
Stocks took diverging paths today, with the S&P 500 Index notching a new all-time high and the Nasdaq Composite rallying in the wake of some solid, high-profile tech earnings .
8 hrs ago | SchaeffersResearch.com
Earlier the stock tagged a new record peak of $236.91 -- nearly 65% above its previous all-time high of $143.65, tagged on Jan. 22. From a contrarian perspective, additional upside could by on the horizon for Puma Biotechnology Inc, considering the consensus 12-month price target of $122.67 stands at a steep discount to present trading levels.
12 hrs ago | Seeking Alpha
ChinaBak recently soared from below $2.50 to $5.00 "news" that LG was entering the China EV market and on subsequent EV subsidy news from China.
16 hrs ago | SchaeffersResearch.com
Short interest, for example, accounts for a low 1.9% of the stock's float, and would take 2.5 days to cover, at AAPL's average daily pace of trading.
Elsewhere, options trading heated up, as total volume ran at a 65% mark-up to the average daily amount.
In the options pits, volume is running at six times the average intraday rate, with traders targeting ARMH's August 46 call.
The most active TSLA option on Monday was the weekly 7/25 230-strike call, where 5,284 contracts were exchanged.
As such, Chipotle Mexican Grill, Inc. scored a bevy of upbeat analyst attention, with no fewer than 13 brokerage firms hiking their price targets.
Biofuel has been engaged in reverse merger transaction with home builder JBGL since March.
Meanwhile, in the options pits, AKS call volume is more than tripling the expected intraday amount, and the stock's 30-day at-the-money implied volatility has jumped 9.1% to 53%.
The choppy trading has kept the major averages close to their recent highs. The major averages have climbed well off their worst levels of the day but currently remain in negative territory.
Heading into the final few hours of today's trading, three of the top market movers are Chinese Internet issue E-Commerce China Dangdang Inc , network infrastructure supplier Extreme Networks, Inc , and steel producer Steel Dynamics, Inc. .
When equity markets reach historic highs, talk generally turns to the most valuable companies on the planet .
Specifically, put volume on Advanced Micro Devices, Inc. surged to six times the norm on Friday, as the stock's steep post-earnings plunge triggered a short-selling restriction -- effectively herding bearish traders into AMD's options pits.
The prospect of making quick money lures many to the world of day trading . The participants in this game, besides professional traders, can be retirees, executives, teachers, small business owners, housewives, etc.
Updated: Wed Jul 23, 2014 09:23 pm
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