Todd Gordon of TradingAnalysis.com suggested on CNBC's "Trading Nation" that traders should consider a bullish options strategy in Tesla Inc (NASDAQ: TSLA).
If shares of Apple Inc. (NASDAQ: AAPL) reach the $120 level, they may rebound.
This level was support during the second half of March. Levels that had previously been support can become so again, and that could happen here.
Windtree Therapeutics Inc (NASDAQ: WINT) shares are trading higher by 32% at $2.63 in Friday's premarket session after Oppenheimer initiated coverage on the stock with an Outperform rating and an $8 price target.
U.S. indices were trading lower Thursday despite slightly better-than-expected U.S. jobs data. Positive data has potentially raised concerns the Fed could eventually taper stimulus measures. Speculative retail trading in some names has also increased volatility.
Clovis Oncology Inc. (NASDAQ: CLVS) is gearing up to present this week at the American Society of Clinical Oncology annual meeting, which runs June 4-8.
The company is expected to report updated Phase 1b results on Lucitanib and Opdivo in patients with advanced solid tumors.
Workhorse Group Inc. (NASDAQ: WKHS) shares gapped higher Thursday after retail traders flooded into the stock trying to take advantage of the high short interest. The short float percentage in the stock is showing to be above 42%.
Castor Maritime Inc (NASDAQ: CTRM) shares are trading higher by 18.3% at $3.69 Thursday morning after the company reported first-quarter EPS and sales results were up year-over-year.
Inflation is here.
Commodity prices are soaring, with the price of oil up by about 10% in just two weeks. As a result, many energy-based stocks have already broken out.
Institutions have increased their short position on Tilray Inc (NASDAQ: TLRY) by over 12 million in the last month alone and it looks as though they’re about to regret it.