Semiconductor stocks Advanced Micro Devices Inc (NASDAQ:AMD) and Intel Corp (NASDAQ:INTC) are under fire today, after a report from the Wall Street Journal indicated regulators in China earlier this year told the country's biggest telecommunication companies to curb foreign chips. The report is watering down upbeat sentiment that's followed advancements in artificial intelligence (AI) semiconductors.At last glance, AMD is down 4.2% to trade at $163.35. Despite the 27.6% drawdown from its March 8, all-time h ...

JPMorgan Chase & Co (NYSE:JPM) broke the seal of another earnings season today. The bank name surpassed first-quarter earnings and revenue expectations, but noted net interest income could miss analysts' estimates for 2024. Shares are down 5% to trade at $185.68 at last check, making now an excellent opportunity for investors to buy the dip.The security is taking a breather from an April 1, all-time high of $200.78, on track for a fourth-straight daily loss and worst day since March 2023. The 60-day moving ...

BofA Securities upgraded Nike Inc (NYSE:NKE) stock to "buy" from "neutral" this morning, hiking its price target to $113 from $110. The shares were last seen up 2.5% to trade at $91.19, as they work to rebound from their lowest levels since September. Pressure from the 20-day moving average appears to be keeping today's gains in check, however, and a ceiling may be forming at the $92 level.Despite NKE's 15.9% year-to-date deficit, options bulls are also chiming in. So far today, 21,000 calls have already cr ...

Core Viewpoint - Antero Resources Corporation (NYSE:AR) has experienced significant stock price appreciation, reaching a five-month high, with a year-over-year increase of 23.6% and over 32.5% in 2024, indicating strong bullish momentum [1][2] Group 1: Stock Performance - The stock was last seen at $30.07, down 0.5%, but previously touched a five-month high [1] - Historical data shows that when AR traded within 2% of its 52-week high with low implied volatility, it typically led to further price increases [1] - A potential return of 17.31% based on historical patterns could elevate the stock price to over $35, a level not seen since December 2022 [2] Group 2: Market Sentiment - The current implied volatility (IV) for AR is at 32%, placing it in the low 5th percentile of its 12-month range, suggesting a bullish outlook [1] - The Schaeffer's put/call open interest ratio (SOIR) of 1.00 indicates a high level of put bias among short-term options traders, sitting in the elevated 99th percentile of its annual range [2] - Sentiment among analysts remains cautious, with nine out of 16 covering analysts rating AR as a "hold" [2]

Semiconductor giant Nvidia Corp (NASDAQ:NVDA) has been in correction territory. Shares of the "Magnificent Seven" member have retreated 10% from their March 25, record close of $950, after losing five of the last six sessions. NVDA is on track to make a move higher, however, last seen up 0.4% at $857.03.Thanks in large part to the company's advantage with artificial intelligence (AI) chips, Nvidia stock has outperformed in 2024. The equity boasts an 70.2% year-to-date lead, and is up more than 200% over the ...

Pfizer Inc (NYSE PFE) stock is up 1.7% at $27.04 at last check, following news a late-stage trial of its respiratory syncytial virus (RSV) vaccine Abrysvo generated an immune response in higher risk adults under the age of 60. The company plans to seek expanded approval of the vaccine for ages 18 to 59.Shares are still struggling with resistance at the $29 level, which has been in place since January and rejected a mid-March rally off 11-year lows. In the last 12 months, PFE shed 35.3%.Short-term options tr ...

Boeing Co (NYSE:BA) is in the spotlight yet again, after news that the Federal Aviation Administration (FAA) is investigating an incident in which a Boeing 737-800 engine cover flew off during a Southwest Airlines (LUV) flight and hit the aircraft's wing flap on Sunday. Additionally, CEO David Calhoun reportedly earned a 45% raise to $33 million last year.The equity also attracted a price-target cut from Bernstein to $240 from $272. The analyst in question said the equity is in a "purgatory situation" amid ...

Subscribers to Schaeffer's Weekend Trader options recommendation service received this COP commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters. Learn more about why Weekend Trader is one of our most popular options trading services.Oil and gas stock ConocoPhillips (NYSE:COP) just broke out above its October highs, putting it at a fresh 52-week peak. This high also comes amid low volatility, per its Schaeffer’s Volatility Index (SVI) ...

Shockwave Medical Inc (NASDAQ:SWAV) is in the spotlight today, after blue-chip pharmaceutical giant Johnson & Johnson (JNJ) announced it would buy the company for $12.5 billion, boosting its portfolio of cardiovascular disease treatment devices. SWAV was last seen up 1.8% at $325.77 after the news, while JNJ is down 0.07% at $152.38.SWAV received a pair of bear notes in response. Needham downgraded the stock to "hold" from "buy," while Piper Sandler slashed its rating to "neutral" from "overweight." Of the ...

Depending on who you ask, a recession is either right around the corner or the stock market is ready to rattle off a seismic bull run. As always, the answer is probably in the middle of those two extremes. But due to uncertainty surrounding the Federal Reserve's interest rate cuts, investors are stuck in a holding pattern until more data defines the country's fiscal path.Since bargains become popular when times are uncertain, we’d like to introduce a new weekly segment: Cheap Seats. Every week, we will prof ...