An annual rite of passage is upon us: peak season surcharges. UPS (NYSE: UPS), FedEx (NYSE: FDX), and the U.S. Postal Service have all announced their peak season surcharges in the past month.
One of Cathie Wood-led Ark Invest's key exchange traded funds on Wednesday nearly trimmed all of its exposure to Netflix Inc (NASDAQ: NFLX) as it sold 1,627 shares, estimated to be worth about $833,674, in the online video streaming service.
This unusual options alert can help traders discover the next big trading opportunities. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. Unusual trading activity could push option prices to exaggerated or underestimated levels.
Despite inflationary pressures and the possibility of a Fed interest rate hike in the offing, growth stocks have continued the momentum gained in 2020.
All three major indices recorded double-digit gains in the first half of 2021. The Dow, S&P 500 and Nasdaq added 12.7%, 14.4% and 12.5%, respectively, in the first six months of the year.