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Thu, May 25th, 2023
Unusual Options Activity in Amazon Calls Shows Deep Faith In its Turnaround

A large unusual options position was taken yesterday in Amazon calls that are deep in the money and expire 4 months out. This shows that the large investor has deep faith in Amazon's turnaround.

AMZN : 116.75 (+1.53%)
Here’s Why Murphy Oil (MUR) Might Be Worth Speculating On

Although the hydrocarbon sector hasn’t been off to a great start, upstream player Murphy Oil could be interesting as a possible forward inflation trade.

MUR : 37.39 (+2.19%)
Will Profit Taking in Cattle Continue?

The lack of new news following last week's Cattle on Feed report has prompted some long liquidation in live cattle in the first two days of the week. Will today mark a third day of profit taking?

A Battle Between the Bulls and the Bears

It's that time of year where we see a lot of back and forth in the grain markets, this presents a lot of great opportunities for traders on both sides of the markets. These are the trading levels we are...

2 Bearish Option Ideas To Consider This Wednesday

Yesterday, we looked at some bullish trades, so today, we are going to look for some bearish candidates.

BA : 199.27 (-1.64%)
V : 222.25 (-1.04%)
Strategy Idea...Bullish September T-Bond Option Spread

Treasuries have a history of comebacks. 2022 was the worst year for Treasury investors since the late 1800s.

Options Volume for Mister Car Wash (MCW) Points to Opportunity for the Patient Investor

Although Mister Car Wash at first glance presents an awfully risky enterprise, MCW stock might gain on social normalization and political directives.

MCW : 8.32 (+0.36%)
McDonald's Earnings and Comps Surprise on the Upside, Making MCD Stock a Value Buy

McDonald's Corp reported 12.6% higher Q1 sales on a comparable basis and significantly higher free cash flow. With its 2.1% yield and buybacks, these factors make MCD stock a value buy.

MCD : 285.92 (-0.16%)
Analyst: Higher Prices Could Boost Oil Stock

HSBC upgraded Chevron to "buy"

Have Grain Markets Found a Bottom?

Grain markets were weaker in the overnight trade but are working their way back into positive territory. Will the strength hold? These are the key price levels to keep an eye on for today's trade.

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Updated Nvidia $NVDA Trader's Cheat Sheet based on yesterday's closing price https://t.co/mnCQkWqY7c
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Treasury Bills maturing around the U.S. Treasury's "X" date are yielding more than 6% which is higher than some corporate bonds sold by junk-rated companies https://t.co/GzprhP5gHM
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Food inflation proving sticky in the UK as the average cost of an English Breakfast is up an average of 22% year-over-year. In fact, every single item that makes up Bloomberg's Breakfast Index has increased since April 2022. https://t.co/pPdQYJqp5R
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Expectations of a Federal Reserve June interest rate hike are increasing. Fed swaps are now pricing in a 40% chance of a 25bps hike in June. https://t.co/oAw2rwUUcC
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Did you miss today's webinar "Barchart's Indispensable Tools for Trading the Futures Markets?" No worries as it's now available on our YouTube Channel 👇 Link: https://t.co/ALIauEbvMG https://t.co/ALkessSiUD
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Fed Governor Christopher Waller believes additional interest rate hikes are coming and won't support a pause right now https://t.co/Ny5iinaycM
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The Treasury Yield Curve (10Y-3M) is a perfect 8/8 in forecasting recessions since 1968. Duke University Professor Campbell Harvey believed it was showing a false warning in January. He now believes it is real and only questions how deep the recession will be. https://t.co/rgWiTZ4aNj
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A U.S. credit rating downgrade is being considered by Fitch Ratings https://t.co/MxZOb10QKv
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7 Fear & Greed Indicators: * Market Momentum (Greed) * Stock Price Strength (Neutral) * Stock Price Breadth (Fear) * Put and Call Options (Extreme Greed) * Market Volatility (Neutral) * Safe Haven Demand (Greed) * Junk Bond Demand (Greed) https://t.co/qRmhZnyEa8 https://t.co/G0EZ5FBfky
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Here is how much money you need to be among the Top 1% in the World's 10 Richest Countries: https://t.co/BWuQwM3qZA
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ETFs w/ most active options trading: $SPY - 9.076M $QQQ - 3.153M $IWM - 1.022M $XLI - 387k $HYG - 382k $KRE - 308k $TQQQ - 253k $EEM - 243k $UVXY - 243k $SLV - 234k $XLF - 203k $SQQQ - 197k $EWZ - 192k $TLT - 142k $ARKK - 124k $EFA - 123k $SOXL - 116k $GLD - 101k $XHB - 76k
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Stocks w/ most active options trading: $TSLA - 2.178M $NVDA - 930k $AMZN - 837k $AAPL - 722k $NU - 422k $AMD - 396k $PLTR - 385k $BABA - 358k $NIO - 330k $NFLX - 315k $GOOGL - 295k $DIS - 285k $META - 283k $MSFT - 279k $PFE - 267k $ETRN - 226k What options did you trade?
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% of Large Cap Stocks Above Their Moving Averages https://t.co/qoXV3Chkvo
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Stock Market Fear & Greed Index = 61 (Greed) https://t.co/EuG3dB1zK3
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Dividends from the world's largest 1,200 publicly traded companies hit a record $326.7 billion during the 1st quarter, a 12% increase YOY https://t.co/iTXZT7eLkK
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Central Banks bought 1,079 tonnes of gold bullion in 2022, the most ever since record keeping began in 1950. https://t.co/9uPBBZPFL0 https://t.co/GlOwh0NP7Y
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Nvidia $NVDA continues to surge in after hours. If it continues, tomorrow could be the largest one-day gain in the company's history (and at a significantly higher market cap makes it even more impressive). Previous record was in 2016. https://t.co/CdJYIhlKSy https://t.co/tB3VzscwQ2
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Abercrombie & Fitch $ANF exploded higher by more than 30% today which is the stock's largest one day gain in more than a decade https://t.co/Zque19hj9c
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Orange Juice continues its surge with another all-time high 🟠 https://t.co/KICWVhp00j
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Advanced Micro Devices $AMD in after hours https://t.co/JPbHUF2bgo

Chart of the Day

Chase Corp (CCF)

The Chart of the Day belongs to the specialty chemicals company Chase (CCF) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart...
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