Tesla stock (NASDAQ: TSLA) is trading on the right side of the tape Thursday, posting modest intraday gains and signaling a potential shift in near-term sentiment for year-end trading. The move follow... ...

Group 1 - Boeing's stock experienced a 2.5% increase, closing around $187, following a month-long decline of 18% [1] - The company secured over $7 billion in new U.S. defense contracts, including a $4.7 billion deal for 96 AH-64E Apache helicopters for Poland and a $2.47 billion contract for 15 KC-46A Pegasus tankers [2] - The new contracts provide Boeing with predictable revenue, reducing reliance on commercial jet timing and certification issues [3] Group 2 - Technically, Boeing's stock is below major moving averages, with an RSI of 36.77 indicating it is nearing oversold conditions, prompting interest from dip-buyers [4] - NASA's decision to reduce Boeing's Starliner crew missions from six to four has negatively impacted sentiment, with the contract value now at approximately $3.73 billion [5] - The current market sentiment is mixed, with defense contracts seen as a positive driver, while issues in the space and commercial sectors remain concerns [5][6]

Semiconductor stock Marvell Technology Inc (NASDAQ:MRVL) was last seen down 5% at $77.24, succumbing to broader-market headwinds alongside its sector peers as Nvidia's (NVDA) post-earnings rally fizzles. Though far removed from April lows, MRVL is still down 29.7% year to date. However, this latest pullback has support at the $80 level, as well a historically bullish trendline.Per Schaeffer's Senior Quantitative Analyst Rocky White, MRVL is within 0.75 of the 320-day moving average's 20-day average true ran ...

Core Viewpoint - The current market conditions suggest that it may be an opportune time to buy the dip on Amazon.com Inc (NASDAQ:AMZN) following a recent pullback after reaching near its record high of $242.52 [1] Group 1: Stock Performance - Amazon's stock is currently trading at $221.65, which is below its year-to-date level and a historically bullish trendline [1] - The stock is within 0.75 of the 200-day moving average's 20-day average true range (ATR), having spent at least 80% of the last 10 days and two months above this level [2] - Historical data indicates that similar conditions have led to an 80% probability of the stock being higher one month later, with an average gain of 8.4% [2] Group 2: Price Targets and Options Trading - A potential upward movement from the current price of $221.65 to $240.26 would align with the resistance level and its record peak [4] - The current options market shows attractively priced premiums, with Amazon's Schaeffer's Volatility Index (SVI) at 29%, ranking in the low 11th percentile of its annual range, indicating low volatility expectations [4]

Core Viewpoint - LendingClub Corp (NYSE:LC) is experiencing a significant decline in stock price, down 5.8% to $15.17, marking its sixth consecutive daily loss, despite being up approximately 32.6% year-over-year [1] Group 1: Stock Performance - The stock is currently within 0.75 of the 50-day moving average's 20-day average true range (ATR), having spent at least 80% of the last 10 days and two months above this level [2] - Historically, similar conditions have led to a 57% chance of the stock being higher one month later, with an average gain of 23.9% [2] - A potential price target of $18.79 is noted, which is a level that has previously rejected the shares [4] Group 2: Options and Volatility - The stock is currently seeing attractively priced options, with a Schaeffer's Volatility Index (SVI) of 44%, ranking in the low 9th percentile of its annual range, indicating low volatility expectations [5] - There is a potential for an unwinding of short interest, as 5% of the available float is sold short, equating to over three days of buying power based on the stock's average trading pace [5]

Auto stock General Motors Co (NYSE:GM) was last seen up 1.4% at $48.40. It's seen some choppy price action lately, but the 50-day moving average has moved in as close support. Furthermore, a pullback to this trendline has preceded gains in the past. Per Schaeffer's Senior Quantitative Analyst Rocky White, the stock is within 0.75 of the 50-day moving average's 20-day average true range (ATR) after spending at least 80% of the last 10 days and 80% of the last two months above it. Within these parameters, 12 ...