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Dollar Weakens on Strength in Stocks and Lower Bond Yields

The dollar index (DXY00) today is down by -0.19%. The dollar is under pressure as today's stock rally has reduced liquidity demand for the dollar. Also, benign inflation news today may keep the Fed from tightening monet…

Stocks Erase Early Gain as Megacap Tech Stocks Retreat

The S&P 500 Index ($SPX) (SPY) today is down -0.18%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.49%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.20%. September E-mini S&P futures (ESU26) are down -0.3…

Revvity Moves Up In Market Cap Rank, Passing Clorox

Market capitalization is an important data point for investors to keep an eye on, for various reasons. The most basic reason is that it gives a true comparison of the value attributed by the stock market to a given comp…

Bitmine Immersion Technologies Becomes Oversold (BMNR)

In trading on Thursday, shares of Bitmine Immersion Technologies Inc (Symbol: BMNR) entered into oversold territory, hitting an RSI reading of 29.0, after changing hands as low as $13.065 per share. By comparison, the c…

Circle Internet Group Enters Oversold Territory (CRCL)

In trading on Thursday, shares of Circle Internet Group Inc Class A (Symbol: CRCL) entered into oversold territory, hitting an RSI reading of 29.5, after changing hands as low as $67.51 per share. By comparison, the cur…

Oversold Conditions For Bitwise Bitcoin Etf (BITB)

In trading on Thursday, shares of Bitwise Bitcoin Etf (Symbol: BITB) entered into oversold territory, hitting an RSI reading of 29.3, after changing hands as low as $31.49 per share. By comparison, the current RSI readi…

Oversold Conditions For Ecovyst (ECVT)

In trading on Thursday, shares of Ecovyst Inc (Symbol: ECVT) entered into oversold territory, hitting an RSI reading of 27.4, after changing hands as low as $11.785 per share. By comparison, the current RSI reading of t…

Bitwise 10 Crypto Index (BITW) Enters Oversold Territory

In the case of Bitwise 10 Crypto Index, the RSI reading has hit 29.4 — by comparison, the RSI reading for the S&P 500 is currently 44.6. A bullish investor could look at BITW's 29.4 reading as a sign that the recent hea…

Relative Strength Alert For Bluerock Private Real Estate Fund

In trading on Thursday, shares of Bluerock Private Real Estate Fund (Symbol: BPRE) entered into oversold territory, hitting an RSI reading of 29.6, after changing hands as low as $13.78 per share. By comparison, the cur…

AYI Crosses Above Key Moving Average Level

In trading on Friday, shares of Acuity Brands Inc (Symbol: AYI) crossed above their 200 day moving average of $191.00, changing hands as high as $193.91 per share. Acuity Brands Inc shares are currently trading up about…

Notable Thursday Option Activity: TEM, SSTI, SLS

SoundThinking Inc (Symbol: SSTI) options are showing a volume of 800 contracts thus far today. That number of contracts represents approximately 80,000 underlying shares, working out to a sizeable 62.1% of SSTI's averag…

Noteworthy Thursday Option Activity: RVMD, IBM, GRPN

International Business Machines Corp (Symbol: IBM) options are showing a volume of 86,507 contracts thus far today. That number of contracts represents approximately 8.7 million underlying shares, working out to a sizea…

Analyst Report: Leidos Holdings Inc

Leidos Holdings is a provider of technology and engineering services to defense, intelligence, homeland security, and healthcare customers. The shares are a component of the S&P 500. Bas

Analyst Report: Paychex Inc

Paychex Inc. is a provider of payroll, human resource, retirement, and insurance services to small- and medium-size firms. Paychex's operations are primarily domestic; however, the company does have some offices in Euro…

Market Update: PAYX, LDOS, UTHR, UAL

There's been quite a change from the open through noon. The Nasdaq was on track to pop 2% higher in the premarket, buoyed by spectacular results from Micron (MU) after the close yesterday. But as of this writing, the te…

Dollar Weakens on Strength in Stocks and Lower Bond Yields

The dollar index (DXY00) today is down by -0.19%. The dollar is under pressure as today's stock rally has reduced liquidity demand for the dollar. Also, benign inflation news today may keep the Fed from tightening monet…

Johnson & Johnson Earnings Preview: What to Expect

With a market cap of $580.1 billion, Johnson & Johnson (JNJ) is a global healthcare company engaged in the research, development, manufacture, and sale of a broad range of medical products and solutions through its Inno…