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SPY, QQQ: Traders Price In Limited Upside Next Week As Market Awaits Fed Decision, Inflation Data Release
Friday, June 9, 2023 - 7:07am | 381Major Wall Street indices have so far traded flat this week with investors and traders maintaining caution ahead of the Federal Reserve's June policy decision next week. Traders are factoring in a status quo policy in June with a 72.4% probability the Fed will not hike rates this time, according to...
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S&P 500: As Fed Decision Looms, Here's A Look At Crucial Trading Levels Priced In By Options Market
Friday, June 2, 2023 - 6:17am | 364Despite the crucial debt-ceiling voting this week, the S&P 500 has managed to stay in the green so far. The Senate on Thursday night cleared the debt ceiling bill with 63 votes in favor of the legislation and 36 votes against it. The index is currently trading near highs seen in August 2022....
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SPY, QQQ: Key Trading Levels Factored In By Options Market Ahead Of Budget Bill Vote
Wednesday, May 31, 2023 - 7:42am | 383The debt ceiling bill, agreed to by President Joe Biden and House Speaker Kevin McCarthy, surpassed an important hurdle on Tuesday evening as the powerful House Rules Committee reportedly voted seven to six to advance the bill to the floor. The bill will hit the floor Wednesday for debate and a...
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Tesla, Amazon, Meta: Options Market Offers Clues On Crucial Trading Levels For The Week
Monday, May 29, 2023 - 7:28am | 479Major Wall Street indices closed at least 1% higher on Friday in anticipation of lawmakers reaching a consensus on the debt ceiling crisis over the weekend. As anticipated, President Joe Biden on Sunday reached a budget agreement with House Speaker Kevin McCarthy to suspend the $31.4 trillion debt...
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How Much More Can Nvidia Stock Rally After Recent Surge? Options Market Offers Vital Clues
Friday, May 26, 2023 - 5:39am | 443It is a well-known fact that institutional investors, with their sophisticated tools and technology, most often manage to capitalize on a sustained stock rally. However, the question regarding how much steam is left in an already rallying stock is something that puzzles retail investors. One such...