5 Names Seeing Bullish Options Flow
There has been very light index and ETF volume this week, while single stock option volume is holding strong, trading slightly above normal. I believe this is a healthy sign for the industry, as it suggests less macro concern and more 'old fashioned' research into the fundamentals that contribute to share value.
Urban Outfitters Nabs Spot on S&P 500
Urban Outfitters will replace Affiliated Computer Services on the S&P 500.
A Brocade Buy Sensible for H-P
The storage company could make for a shrewd acquisition by H-P.
Brocade Gains on Report It's for Sale
Brocade has put itself up for sale and Hewlett-Packard is showing interest in acquiring the data-storage and networking company, a report says.
Bearish on Banks: TheStreet Says
The latest TheStreet.com RealMoney Barometer survey finds participants mostly leaning bearish with commercial banks viewed as the sector most likely to fall. But bulls were making a solid showing, perhaps pinning their hopes on a strong earnings season.
Lululemon Stock Slides As Muted Holiday Sales Forecast, Inventory Build Cloud Q3 Earnings Beat
"The external environment remains challenging with several high-volume weeks still in front of us (but) I'm encouraged with the beginning of our holiday season," said CEO Calvin McDonald.
Broadcom Stock Jumps On Q4 Earnings Beat, Solid Near-Term Outlook
"Hyperscale spending continues strong, enterprise consumption continues strong and broadband deployment across North America, Europe and even parts of Asia continues their multiyear trend of growth," said CEO Hock Tan.
Tesla will briefly half production of its Model Y sedan in China over the final week of the year, Reuters reported Friday.
Tesla Prepping Short Model Y Production Halt In Shanghai As China Demand Fades - Report
Activision Stock Slides As FTC Moves to Block $69 Billion Microsoft Takeover
"We seek to stop Microsoft from gaining control over a leading independent game studio and using it to harm competition," the FTC said.