There's really not a simple answer, but if out of the blue you see huge volume on a particular contract, and the open interest is low, that might merit some attention. But even that is no guarantee of anything. There's a lot to it. There's probably a ton of YouTube videos, that would be a good place to start.
Baytex Energy up 26% in 5 days. Briefly at a new 52 week high today on huge volume despite it being a flat to moderately down day for most energy stocks. Crescent Point and Athabaska consolidating today but look reasonably bullish still. Tidewater ( TWM ) making a long overdue rally but I lost patience at $1.40 which was top of range ( now $1.71 ). Whitecap ( WCP ) may have a move in it but most days it's a slow climber. Cenovus / MEG Energy consolidating and Enerplus I think the move was oversized could easily pull back.
Stoney!!!! From the morning news dept: Disney fires their TV content guy out of the blue. >>>>Word is he wanted to buy Formula 1. The CEO (and the Board) were quoted as saying: "F-that... we're going with The Savant's idea and buying Formula E. Don't let the door hit ya on the way out bud." In other news.... GS downgrades NFLX over recession fears. >>>VZ asks: "Was this the same GS that said last week we wouldn't have a recession?" Your morning horoscope: If you believe today's CPI numbers are the most important WS event of all time (Stoney's quote)>>> you should let your money be managed by Koko the Chimp.
STONEY!!!! Did you short DOCU when the Savant wrote "Timber">>>> 30 seconds after the release? E-mails are saying I'm faster than the algos and their machine reading capabilities! KABOOM!!!!! I made the readers 25%!!!! Hopefully saved them from your "the company is saved" call. The children will feast this weekend!
stonedinvestor said: S&P PRESSURE POINTS---******* GBA Exclusive******* 4300 <-- This is the new 4200 4000 <---- This is where we know most of the shorts are clustered. 3800 <--- This is in my view mild recession.. A dive to 4000 area seems assured >>>>>> THE LIZARD KING
Good Morning Stock fans-- Got Monkey pox yet? We sure got to 4000 in a hurry! Now we are at that point where the shorts are clustered. There must of been a rumor about a hot number coming- yesterday's close looks Aby Normal...
Flywire initiated with an Overweight at Stephens 16:13 FLYW Stephens analyst Charles Nabhan initiated coverage of Flywire with an Overweight rating and $24 price target. His constructive view of the provider of payment and software solutions to the healthcare, education, travel and B2B sectors shares is based on what he sees as "a highly defensible moat," levers for growth within its existing customer base and verticals, and its path to profitability, Nabhan tells investors.
AMD maintains '2-step lead over its competitors,' says JPMorgan 05:45 AMD AMD at its analyst day offer a long-term financial model for 2025 calling for 20% revenue growth annually and 57% gross margin, which implies $7.60 of earnings per share power in 2025, JPMorgan analyst Harlan Sur tells investors in a research note. The company's "solid execution" of its technology and product roadmaps over the past several years has set it up to "maintain a 2-step lead over its competitors," says the analyst. He believes AMD is currently seeing solid share gains, strong revenue growth, and a higher profitability profile. Additionally, the recent acquisition of Xilinx is not only lifting its revenue and margin profile but also opening up new opportunities in markets that AMD had not addressed in the past, representing over $100B in incremental total addressable market in 2025, notes Sur. He keeps a Neutral rating on the shares with a $140 price target.
I spent most of the day yesterday hovering around this name.. Nutrien price target raised to $126 from $116 at Barclays 05:35 NTR Barclays analyst Benjamin…