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'Warning Flags': Expert Says Nvidia In 'Bubble-ish Territory,' Points To Potential Market Pullback
Monday, June 17, 2024 - 3:36pm | 727Amid the SPDR S&P 500 ETF Trust‘s (NYSE:SPY) historic performance in 2024, one market expert joined Benzinga’s PreMarket Prep on Monday to point out several “warning flags” in the markets. Potential Market Pullback: Craig Johnson, CFA, CMT is a managing director and...
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'Buying Call Options Is Not Illegal': Professional Trader Calls Potential Roaring Kitty Ban 'Absurd'
Tuesday, June 4, 2024 - 4:32pm | 499Morgan Stanley's (NYSE:MS) E-Trade reportedly considered, or is considering, a ban on the trading account of Keith Gill, aka Roaring Kitty, according to a Monday Wall Street Journal report. E-Trade is reportedly looking into potential stock manipulation after Gill disclosed a position in GameStop...
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'This Is What We Really Needed': NYSE Trader Reacts To Inflation Data And Its Impact On Stock Market
Friday, May 31, 2024 - 2:41pm | 535April's PCE report, the Federal Reserve's preferred measure of inflation, came in in-line with expectations as prices appeared to remain steady. While the SPDR S&P 500 Index Trust (NYSE:SPY) popped initially during Friday’s pre-market trading session on the report, stocks have since given...
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Party Like It's 1999: '90s Fashion Is Making A Comeback — These Stocks Are Benefiting
Friday, May 31, 2024 - 9:32am | 526Time to break out the windbreakers and baggy jeans; ‘90s fashion is coming back.Rising interest in 1990s and early 2000s fashion on social media apps like Instagram and TikTok have helped fuel the comeback of a look that had appeared to die off. Search terms like ‘Y2K fashion' have trended higher...
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NewEdge Wealth's Cameron Dawson Talks Prolonged High-Interest Rates On PreMarket Prep
Friday, May 24, 2024 - 3:28pm | 578Cameron Dawson, the chief Investment Officer of NewEdge Wealth, joined Benzinga’s PreMarket Prep Friday to discuss interest rates and other topics amid today’s uncertain economic environment. Interest Rates: Dawson predicted the 2-year Treasury’s yield will be stuck within an...
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EXCLUSIVE: The Fed Should Cut Interest Rates Using Proven Fiscal Rule, Economic Expert Says
Wednesday, May 15, 2024 - 2:45pm | 559Blu Putnam, the former chief economist at the CME Group Inc (NASDAQ:CME) joined Benzinga's PreMarket Prep Wednesday morning to help dissect April's inflation report. The CPI numbers showed lower-than-expected inflation growth in the previous month, helping spark a rally in the S&P 500 Index...
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Down Day In The Markets? No Problem For Nvidia: 'PreMarket Prep' Co-Host's Pick Rockets Higher
Wednesday, April 10, 2024 - 3:47pm | 574The Call: On Wednesday's episode of PreMarket Prep, a daily show hosted by Benzinga, cohost and professional trader Dennis Dick called out NVIDIA Corp (NASDAQ:NVDA) as a name to watch during the session. Dick made the call before 9am, after March's inflation report came in hotter than expected and...
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Expert Trader Expresses Caution Ahead Of Wednesday's Inflation Report: 'Ascending Channels Are Great Until They Break'
Tuesday, April 9, 2024 - 4:40pm | 552All eyes will be on March's CPI numbers due Wednesday morning at 8:30am ET, which should give economists and investors a better idea of if inflation is picking up or falling closer to the Federal Reserve's 2% target rate. Scott Redler, Chief Trading Strategist at T3 Trading Group, joined Benzinga's...
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EXCLUSIVE: Former NBA Champion, ESPN Analyst Kendrick Perkins Outlines NIL Investment Opportunities On Benzinga's 'PreMarket Prep'
Thursday, April 4, 2024 - 12:26pm | 463Kendrick Perkins, ESPN analyst and former NBA champion, joined Benzinga's “PreMarket Prep” show this week to discuss NIL investment opportunities for college athletes. NIL, or Name Image and Likeness, is an avenue for college athletes to get paid through endorsements and brand deals...
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Value Stock Strategist Sees Energy Trade Still In 'Early Innings'
Tuesday, April 2, 2024 - 4:53pm | 643Energy stocks outperformed the broader market in the first quarter of 2024, and energy was the best performing sector in the S&P 500 in March. Tracey Ryniec, Value Stock Strategist at Zacks, joined Benzinga's “PreMarket Prep“ Monday and discussed what the sector's recent...
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Tim Seymour Sees High Times Ahead For Cannabis Stocks
Thursday, March 28, 2024 - 11:09am | 646The slumbering cannabis sector has reawakened following Germany's partial legalization and possible rescheduling of marijuana in the United States. Tim Seymour, founder and CIO of Seymour Asset Management, joined Benzinga's PreMarket Prep Wednesday and discussed his views on these "exciting times...
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'Party On, Wayne!' Market Expert Outlines Ideal Scenario For Stocks
Thursday, March 21, 2024 - 3:35pm | 563Cameron Dawson, a CFA and the chief investment officer at NewEdge Wealth, joined Benzinga's PreMarket Prep Thursday morning to discuss the Federal Reserve's Wednesday decision and what it means for stocks. Dawson pointed out that the Fed's decision to maintain its plan for three rate cuts this...
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Reddit Signals IPO Could Price At Top Of Range Or Above
Wednesday, March 20, 2024 - 1:54pm | 421Pricing for the Reddit, Inc. (NYSE:RDDT) IPO is expected to start after the market close on Wednesday ahead of the company’s debut on the New York Stock Exchange on Thursday. What To Know: According to a report from Bloomberg, Reddit and its selling shareholders are guiding that the IPO...
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Biotech Stocks Surge To Start 2024: 'Charts Look Great,' But Will The Trend Continue?
Wednesday, February 28, 2024 - 1:51pm | 572The biotech sector has been surging in recent months, reawakening from a period of underperformance that followed the 2021 highs. David Prince, professional trader at T3 Trading Group, joined Benzinga's “PreMarket Prep” on Tuesday and discussed the biotech industry, highlighting Viking...
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EXCLUSIVE: Perfectly Executed Berkshire Hathaway Trade Shows Why Premarket Session Calls For Caution
Tuesday, February 27, 2024 - 1:16pm | 492At 4:40 a.m. ET Monday morning, Berkshire Hathaway Inc Class B (NYSE: BRK-B) was trading at $440, up nearly 5% on the company's earnings report. By Monday afternoon, the stock traded down to $410 a share. 'I've Never Seen That Happen': Dennis Dick, the cohost of...