The Latest Breaking News from Barchart

Earnings season is starting to wind down with not as many big names reporting this week. That being said, we do have a couple of important companies reporting – Salesforce, Snowflake, Lowe’s and Zoom.

March S&P 500 E-Mini futures (ESH24) are down -0.05%, and March Nasdaq 100 E-Mini futures (NQH24) are down -0.07% this morning as market participants looked ahead to remarks from a host of Federal Reserve officials and the release of the Fed’s favorite inflation gauge later in the week.

The dollar index measures the U.S. currency against the other leading reserve currencies. The euro has the highest exposure at 57.6%. Interest rate differentials are the most significant factor for the path of least resistance of the dollar index.

NOTE: Celestica (CLS) was last featured on 10/4 when it closed at $23.70 and has gained 76% since that date. The Chart of the Day belongs to the circuit board company Celestica (CLS) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest...

The Chart of the Day belongs to the apparel company Ralph Lauren (RL) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart...

A short iron condor is an income strategy that aims to profit when a stock stays within a specified range over the course of the trade. The trade is composed of four options with the same expiration:

Cybersecurity company Palo Alto Networks (PANW ) slumped more than -25% today to a 2-1/2 month low after the company cut its annual revenue forecast late Tuesday, fueling concerns that customers are reigning in on technology spending. The company cut its full-year revenue forecast to $7.95 billion-$8.00 billion from a...

Palo Alto Networks stock is down 27% today, leading to unusual options activity, mostly put options. This is a good opportunity for short sellers of out-of-the-money puts as an income play.

Platinum is a rare precious metal with many industrial applications. Gold is the leader of the precious metals sector and reached a record high in late 2023. While gold prices remain over $2,000 per ounce, platinum is under half that level.

The Chart of the Day belongs to the natural gas company Archrock (AROC) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart...

A long call butterfly is entered when a trader thinks a stock will not rise or fall by much between trade initiation and expiration.