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Put Options

SPY PUTS BIG PAYDAY TRADERS

September 19, 2024 author

Try our free 5 day trial today https://turbooptiontrading.com/2024/01/05/free-5-day-trial/ Strike Prices 1. In-the-Money (ITM): The strike price is above the current stock price. These options are more expensive but have a higher probability of being profitable if the stock price continues to fall. 2. At-the-Money (ATM): The strike price is close to the current stock price. […]

Upgrades

North Face Parent V.F. Corp To Improve Gradually In Next Four To Six Quarters, Analyst Upgrades Stock

September 18, 2024 author

Barclays analyst Adrienne Yih upgraded V.F. Corporation (NYSE:VFC) from Equal-Weight to Overweight, raising the price forecast from $19 to $22. The analyst forecasts that the company will start to experience gradual improvements in its fundamentals over the next four to six quarters, beginning modestly in the fall of 2024. By the time the analyst anticipates a return to […]

Downgrades

Incyte Downgraded – Analyst Notes Intense Competition, Particularly In Larger Markets

September 18, 2024 author

Truist Securities has downgraded Incyte Corporation (NASDAQ:INCY), noting Jakafi’s (ruxolitinib) patent loss approaching in 2028. Jakafi is Incyte’s top-selling drug. It is indicated for polycythemia vera in adults, intermediate or high-risk myelofibrosis in adults, and steroid-refractory acute graft versus host disease in adult and pediatric patients. In second quarter 2024, the drug generated sales of $705.9 […]

Upgrades

Victoria’s Secret New Leadership Is Steering Brand Back To Core Values, Analyst Upgrades Stock

September 18, 2024 author

Victoria’s Secret & Co. (NYSE:VSCO) shares are trading higher on Wednesday. Barclays analyst Adrienne Yih upgraded Victoria’s Secret to Equal Weight from Underweight and raised the price target to $25 from $23. The analyst writes that the company has moved past its most challenging period. Despite a significant loss of market share in recent years, […]

Upgrades

Ambac Financial Group Will Be Better Positioned Once Sale Of Financial Guarantee Business Closes, Analyst Says

September 18, 2024 author

After declining since the beginning of 2024, shares of Ambac Financial Group, Inc. (NYSE:AMBC) have risen by almost 10% over the past five trading sessions. The sale of Ambac Financial Group’s legacy financial guarantee business is expected to close by yearend, positioning the holding company for cash earnings “within a year or two,” according to […]

Upgrades

GE Vernova’s Gas Power Services Underappreciated & Poised For Growth: Analyst

September 17, 2024 author

GE Vernova Inc. (NYSE:GEV) shares are trading higher after BofA Securities analyst Andrew Obin upgraded the stock from Neutral to Buy and raised its price target from $200 to $300. The analyst writes that while rising grid-related spending benefits the Electrification segment, they believe the potential of Gas Power Services (29% of revenue) is underappreciated […]

Upgrades

Hewlett Packard Analyst Gives 5 Reasons To Be Bullish As Juniper Deal Promises To ‘Shift Focus’

September 17, 2024 author

Shares of Hewlett Packard Enterprise Co (NYSE:HPE) climbed in early trading on Tuesday, along with some other stocks. The company is poised to benefit from cost cuts, Juniper-related synergies and AI optionality, according to Bank of America Securities. Analyst Wamsi Mohan upgraded the rating from Neutral to Buy, while raising the price target from $21 […]

Upgrades

Zillow Upgraded, Analyst Predicts Strong Growth With Lower Mortgage Rates On The Horizon

September 16, 2024 author

Zillow Group, Inc. (NASDAQ:Z) shares are trading higher after Wedbush upgraded the stock from Neutral to Outperform and raised its price target from $50 to $80. The analyst Jay McCanless writes they see a potential boost from lower mortgage rates for Zillow’s core brokerage business. The S&S revenues, included in the Residential revenue line, have […]

Indexes

RUI INDEX 1000 TOPPING OUT AT HIGHS

September 14, 2024 author

Try our free 5 day trial today https://turbooptiontrading.com/2024/01/05/free-5-day-trial/ The Russell 1000 Index and the S&P 500 are both widely used benchmarks for large-cap U.S. stocks, but they have some key differences: 1. Composition: o S&P 500: Includes 500 of the largest U.S. companies, strictly large-cap stocks. o Russell 1000: Includes 1,000 of the largest U.S. […]

Indexes

The S&P 500 has shown a significant RALLY

September 14, 2024 author

Try our free 5 day trial today https://turbooptiontrading.com/2024/01/05/free-5-day-trial/ 1. 1. CON JOB 2. Major Milestones: o 1957: The index expanded to include 500 companies, becoming the S&P 500 we know today1. o 1980s-1990s: The index experienced substantial growth, particularly during the tech boom of the late 1990s2. o 2008 Financial Crisis: The index dropped by […]

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