Economic Update: September 18, 2023

7 months ago by Contributor Author @ IBKR Traders’ Insight

Weekly Economic Update for the week of September 18, 2023: growth, jobs, profits, inflation, rates, risks, and investment themes. The post Economic Update: September 18, 2023 appeared first on IBKR Campus.

Aloha! 1,200 Bank of Hawaii Calls (Symbol: BOH) Trade

7 months ago by Jeff Praissman @ IBKR Traders’ Insight

This morning 1,200 Bank of Hawaii (Symbol: BOH) January 19 ’24 55 calls traded at $3.10 in between the NBBO ($2.60/ $4.00). The post Aloha! 1,200 Bank of Hawaii Calls (Symbol: BOH) Trade appeared first on IBKR Campus.

Here’s Why We Like This NFLX Calendar Spread

7 months ago by Contributor Author @ IBKR Traders’ Insight

Have you been keeping a watchful eye on Netflix (NFLX)? In this article we will analyze a NFLX Put Calendar Spread. The post Here’s Why We Like This NFLX Calendar Spread appeared first on IBKR Campus.

Best Way $1 Million Traders Let Winners Run

7 months ago by Michael Martin @ MartinKronicle

Everybody, happy Monday. Hope you had a great weekend and you have great plans for this week. Remember, winning is a mindset. In case you didn’t see I was with my friend Alex Bustos over at Be The Trader, so it’s over on his channel on YouTube. He’s a great guy, he’s really smart. He’s […] The post Best Way $1 Million Traders Let Winners Run first appeared on MartinKronicle. The post Best Way $1 Million Traders Let Winners Run appeared first on MartinKronicle.

[Options P2P] Rolled XLB into November

7 months ago by Sean McLaughlin @ All Star Charts

We’ve adjusted a position in the Paid-to-Play portfolio today: We rolled our XLB October 80/85 Strangle to an XLB November17 77/85 Strangle for a 27 cents net credit. Essentially we did two trades: closed the October strangle and established a new November strangle at the 77/85 strikes. Our GTC order to close this new November […] The post [Options P2P] Rolled XLB into November appeared first on All Star Charts.

High Points for Economic Data scheduled for September 18 Week

7 months ago by Theresa Sheehan @ IBKR Traders’ Insight

The September 18 week includes the FOMC meeting on Tuesday and Wednesday and release of the FOMC statement and update to the Summary of Economic Projections (SEP) at 14:00 ET on Wednesday. The post High Points for Economic Data scheduled for September 18 Week appeared first on IBKR Campus.

NAHB: Builder Confidence Decreased in September

7 months ago by Calculated Risk @ Calculated Risk

The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 45, down from 50 last month. Any number above 50 indicates that more builders view sales conditions as good than poor. From the NAHB: High Mortgage Rates Continue to Weaken Builder Confidence Persistently high mortgage rates above 7% continue to erode builder confidence, as sentiment levels have dropped below the key break-even measure of 50 for the first time in five months. Builder confidence in the market for newly built single-family homes in September fell five points to 45, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today. This follows a six-point drop in August. “The two-month decline in builder sentiment coincides with...

Buyers still holding back

7 months ago by Patrick J. O’Hare @ IBKR Traders’ Insight

Last week ended on a disappointing note with broad-based selling kicking in to knock the S&P 500 and Nasdaq Composite back below their 50-day moving averages. In the process, the selling also knocked the S&P 500 and Nasdaq Composite into negative territory for the week. This occurred as interest rates and oil prices continued to rise, and as mega-cap stocks fell prone to selling interest. The same is happening this morning. The post Buyers still holding back appeared first on IBKR Campus.

Global Banks Led Stocks on the Week with Arm IPO & Growth Outlook

7 months ago by Contributor Author @ IBKR Traders’ Insight

The weekly gain was aligned with global banks that outperformed the stock market, particularly in Japan, US and Europe on the outlook for dealmaking and capital formation that coincided with the US$55 billion Arm IPO. The post Global Banks Led Stocks on the Week with Arm IPO & Growth Outlook appeared first on IBKR Campus.

IWM: Long Small Caps, Short Mega Caps As The 'Concentration Bubble' Unwinds

7 months ago by SA Editor's Picks

IWM MGC

Chart Advisor: Gauge the MarketChart Advisor:

7 months ago by Contributor Author @ IBKR Traders’ Insight

The outsized concentration of a few mega-cap tech stocks in indexes like the Nasdaq 100 has reduced the effectiveness of some market cap-weight indexes to represent the action of most stocks. The post Chart Advisor: Gauge the MarketChart Advisor: appeared first on IBKR Campus.

IWM

Housing September 18th Weekly Update: Inventory increased 1.9% Week-over-week; Down 6.1% Year-over-year

7 months ago by Calculated Risk @ Calculated Risk

Altos reports that active single-family inventory was up 1.9% week-over-week. Click on graph for larger image. This inventory graph is courtesy of Altos Re...

Director Rothbaum Reports a $26.5 Million IOVA Purchase

7 months ago by David @ All Star Charts

From the Desk of Steve Strazza and Alfonso Depablos The most significant insider purchase on today’s list comes from Wayne P. Rothbaum, director of Iovance Biotherapeutics $IOVA. Rothbaum declared a $26.5 million IOVA purchase in a Form 4 filing. Great Point Partners LLC filed a 13G for UroGen Pharma Ltd $URGN revealing an initial stake […] The post Director Rothbaum Reports a $26.5 Million IOVA Purchase appeared first on All Star Charts.

Swing Trader Pro: Morning Briefing (09-18-2023)

7 months ago by David @ All Star Charts

From the Desk of Kimmy Sokoloff Let’s see what this week brings, as we have the FOMC on Wednesday. Next support down on $SPY is 440. Here’s what I’m looking at this morning: $DKS is pretty beaten down. I’ll watch the 112.50 level for a potential bounce to 116. I’ll see you in the Live […] The post Swing Trader Pro: Morning Briefing (09-18-2023) appeared first on All Star Charts.

This is still a problem

7 months ago by JC @ All Star Charts

The stock market correction continues…. What else would you expect during this seasonally weak period for stocks? Historically, stocks do very well after mid-term elections. And that’s exactly what happened. Then in Q3 the struggle tends begin for a few months. And that’s precisely what we’ve seen this year. A perfectly normal market: And even if you […] The post This is still a problem appeared first on All Star Charts.

ASC

Wall Street Breakfast: Policy Guidance

7 months ago by SA Wall St. Breakfast

Talk Your Book: Customizing Alternatives

7 months ago by sean @ A Wealth of Common Sense

On today's show, we are joined again by Brett Hillard, CIO of GLASfunds to discuss: - Wealth managers vs. institutions investing in alternatives - How advisors are utilizing GLASfunds - Investing in alts in a rising-rate environment - How private investments could be improved, and much more! The post Talk Your Book: Customizing Alternatives appeared first on A Wealth of Common Sense. ...

Wall Street Breakfast Podcast: Giga Turkey?

7 months ago by SA Wall St. Breakfast

BABA ORCL RDFN

Instacart: Losing Momentum As It Approaches The Checkout Aisle?

7 months ago by SA IPO Analysis

Community Bank System: There Are Better Prospects To Consider At This Time

7 months ago by SA Editor's Picks

CBU