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Oversold Conditions For MBIA

In trading on Tuesday, shares of MBIA Inc. (Symbol: MBI) entered into oversold territory, hitting an RSI reading of 29.5, after changing hands as low as $5.41 per share. By comparison, the current RSI reading of the S&P…

RXO Becomes Oversold

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis ind…

Stocks Mixed on Earnings Results and Weakness in Chipmakers

The S&P 500 Index ($SPX) (SPY) today is up +0.05%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.738%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.12%. September E-mini S&P futures (ESU26) are up +0.05%,…

Notable Tuesday Option Activity: STX, MRVL, WDC

Marvell Technology Inc (Symbol: MRVL) saw options trading volume of 124,611 contracts, representing approximately 12.5 million underlying shares or approximately 47.5% of MRVL's average daily trading volume over the pas…

RSI Alert: Innovate (VATE) Now Oversold

In trading on Tuesday, shares of Innovate Corp (Symbol: VATE) entered into oversold territory, hitting an RSI reading of 27.9, after changing hands as low as $7.855 per share. By comparison, the current RSI reading of t…

Stocks Mixed on Earnings Results and Weakness in Chipmakers

The S&P 500 Index ($SPX) (SPY) today is up +0.05%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.738%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.12%. September E-mini S&P futures (ESU26) are up +0.05%,…

Sinking Crude Oil Prices Weigh on Sugar

Sugar prices slid to 1-week lows on Tuesday and settled lower amid the plunge in crude oil prices. WTI crude oil (CLU26) sank more than -4% on Tuesday, adding to Monday’s -7% plunge, which undercuts ethanol prices and m…

Soybeans Collapse on Monday with Weather and Outside Pressures

Soybeans fell 18 ¾ to 40 ½ cents across the board on Monday, with weaker products and an improving forecast playing a role. The cmdtyView national average Cash Bean price was 39 1/2 cents lower at $11.74 1/4. Soymeal fu…

Cattle Look to Tuesday with Expanded Limits

Tuesday will have expanded limits of $10.75 for live cattle and $13.75 for feeders. Live cattle futures were the $7.25 limit higher in the front to close out the Monday session, with other contracts up $6.35 to $7.17. O…

AMD August 12th Options Begin Trading

The put contract at the $445.00 strike price has a current bid of $25.55. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $445.00, but will also collect the premium, pu…