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$2.4 Trillion Of Options Expiration On Top Of Nasdaq 100 Rebalancing May Cause Volatility
Friday, July 21, 2023 - 11:11am | 1436To gain an edge, this is what you need to know today. Nasdaq Rebalancing Please click here for a chart of Invesco QQQ Trust Series 1 (NASDAQ: QQQ). Note the following: From a long term perspective, the chart shows that QQQ is way over stretched to the upside compared to the 200...
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AI, Big Tech And Blue Chips: These 3 Charts Signal Shift In The Market
Thursday, July 20, 2023 - 4:40pm | 979Thursday’s market session has showcased intriguing twists that caught the attention of keen investors and that could potentially signal a narrative shift. Tech giants, typically at the forefront of market gains, faced a sudden downturn, while the Dow Jones Industrial Average continued to...
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What The Nasdaq-100 Will Look Like After July 24
Tuesday, July 18, 2023 - 10:50am | 2158Economists expect this morning’s retail sales data to show the strongest growth since January. If a recession is coming, somebody forgot to tell the consumer! Market Prices as of 4 pm EST, 7/17/23 Macro China represents the world’s largest market for chipmakers. In 2022, it was...
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Nasdaq Removes Activision Blizzard From Index: Is Microsoft Merger Now 'Highly Probable'?
Thursday, July 13, 2023 - 4:30pm | 1000The tech and video game sectors were rocked this week when the Federal Trade Commission's request to halt a $69-billion merger in the space was turned down. The news could lead to the merger ultimately being approved and might have kickstarted stock market index shuffling. What...
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The Rally Is Broadening
Thursday, July 13, 2023 - 10:59am | 1651June CPI inflation came in below expectations at 3.0% versus estimates of 3.1% and down from 4.0% in May. The core index came in below 5% which is great news. I think the FED still raises rates in July but it could be the last hike this year! Market Prices as of 4 pm EST, 7/11/23 Macro New data...
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A Major Shake Up Is Coming For The Nasdaq 100
Tuesday, July 11, 2023 - 9:51am | 712Something that's only happened one other time will be occurring again last this month. Nasdaq announced that on July 24th, they will be doing a special rebalance of the Nasdaq 100. This won't change the securities within the index, but rebalancing the weightings of each constituent...
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What's Next For QQQ: The Super Bullish To Super Bearish Scenarios For The Nasdaq 100
Wednesday, July 5, 2023 - 12:57pm | 1403Exactly how long is this raging bull market driven by mega cap growth stocks supposed to last? I was taught that when price trends higher over time, there would often be brief countertrend pullbacks along the way. Apple Inc. (Nasdaq: AAPL) has completely ignored that market truism and...
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AI Frenzy Helps Nasdaq 100 Outshine Russell 2,000 And Soar To Dot-Com Bubble Highs
Wednesday, May 31, 2023 - 10:38am | 518The surge of artificial intelligence (AI) is sparking a transformative shift in the relative valuations of prominent U.S. stock averages as the tech sector outperforms other industries and small-cap stocks. The price of the tech-heavy Nasdaq 100 index compared to the small-cap-rich Russell 2000...
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Have Crypto Assets And Stocks Decoupled?
Friday, May 26, 2023 - 12:45pm | 62371Many investors bemoaned the high degree of correlation between crypto assets and US stocks during the previous bull market. Following the pandemic lows of March 2020, we saw both crypto and US equities (particularly growth stocks) rallying almost in lockstep until their respective highs in November...
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Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Are Secretly Monitoring But Not Talking About Yet (Including Several Impacted By Nvidia)
Thursday, May 25, 2023 - 7:30pm | 772Investors are on the hunt for undervalued, underfollowed and emerging stocks and retail traders have countless methods at their disposal to uncover new information. For some this may be overwhelming. Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition...
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S&P 500, Nasdaq Dabble in Bull-Market Territory: What Are 'The Big 5 Stocks' Pulling The US Stock Market Out of The Woods?
Tuesday, May 9, 2023 - 4:57pm | 749The S&P 500 index, which is tracked by the SPDR S&P 500 ETF Trust (ARCA: SPY), is up 7.8% year to date, while the Nasdaq 100, tracked by the QQQ Invesco Trust Series 1 (NASDAQ: QQQ) soared 19.9% this year, as AI growth and expectations on Fed rate peaking fuelled the tech...
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Tech Takes Vengeance On Energy After Awful 2022, While Fed Rate Peaks And Oil Losses Shape Stock Performance
Monday, May 8, 2023 - 12:21pm | 597Technology stocks have taken huge revenge on energy in recent months, with the performance difference between the Technology Select Sector SPDR Fund (ARCA: XLK) and the Energy Select Sector SPDR Fund (ARCA: XLE) climbing to 27% year-to-date and 42%, respectively, from November 2022 lows. The...
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EXCLUSIVE: Top 10 Most Searched Tickers On Benzinga Pro In February — Including Tesla, Apple And A Surging AI Name
Wednesday, March 1, 2023 - 4:45pm | 1612Each trading day features hundreds of headlines and press releases on Benzinga Pro, a source for traders to see the latest news on the overall market and individual tickers. Here is a look at the most-searched stocks on Benzinga Pro for the month of February 2023. 1. SPDR S&P 500 Trust ETF (...
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EXCLUSIVE: Top 10 Most Searched Tickers On Benzinga Pro In January: Where Do SPY, Tesla, Apple And Ford Rank?
Sunday, February 5, 2023 - 9:58am | 1372Each trading day features hundreds of headlines and press releases on Benzinga Pro, a source for traders to see the latest news on the overall market and individual tickers. Here is a look at the most-searched stocks on Benzinga Pro for the month of January 2023. Current prices and year-to-date...
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It's Still Early, But Goldman Sachs Reveals Bitcoin Is Outperforming All Other Assets In 2023
Wednesday, January 25, 2023 - 3:56pm | 475Global investment bank Goldman Sachs (NYSE: GS) recently reported that Bitcoin (CRYPTO: BTC) has been the best-performing asset in the world so far this year. This comes as a surprise to many, as the bank has been known to be a vocal critic of Bitcoin in the past. A tweet featuring details...