by Lance Ippolito | Feb 10, 2023 | Options
Markets pared losses after a quick sell-off to start the day as traders reacted to the latest volley of earnings results… Tech names led the way down after an ugly fourth-quarter showing from rideshare platform Lyft Inc. (Nasdaq: LYFT) — which fell over 35% Friday —...
by Lance Ippolito | Feb 9, 2023 | Options
Markets gapped up Thursday morning on the heels of a mixed bag of earnings and a surprising jump in January’s jobless claims. The Nasdaq jumped 1.3% at the open before fading into the red by lunchtime. We saw extremely light options flow compared to the frenzy of...
by Lance Ippolito | Feb 8, 2023 | Options
We saw a sell program grip the markets Wednesday as Wall Street wrestled with the latest comments from Federal Reserve officials and weak earnings… And that was exactly what the doctor ordered for Weekly Blitz Alerts after taking out puts on cyber security name...
by Lance Ippolito | Feb 7, 2023 | Options
For the past several weeks we’ve seen a massive outbreak of “AI Fever” all around the world… Since the Nov. 30 launch of generative AI chatbot, Chat GPT, millions of users have flocked to its website to test the limits of the earth-shattering technology. Whether...
by Lance Ippolito | Feb 6, 2023 | Options
Markets saw more selling Monday as Wall Street continued to digest January’s stronger-than-expected jobs report elicited fears of more interest rate hikes from the Federal Reserve. Traders need to be selective when markets make a broad move to the downside because...
