Latest news with #NasdaqNasdaq
CNBC
5 days ago
- Business
- CNBC
Apple shares are at an inflection point, says StockBrockers.com's Jessica Inskip
Apple is underperforming the rest of the "Magnificent 7," but the technicals show it is at an inflection point, said Jessica Inskip, director of investor research at Apple was one of three names Inskip discussed during the " Three Stock Lunch " segment on CNBC's " Power Lunch " Monday. Apple Shares of the tech giant, which are down more than 20% year to date, have the potential to move higher, according to the charts, Inskip said. "There is a very, very strong resistance support zone where we're in right now -- thus the inflection point, which is around 195 to 200," she said. "We're sitting in there." The highs of the range goes to around 260, she noted. "This is an inflection to go higher because we're at the bottom," she added. AAPL YTD mountain Apple year to date However, Inskip would protect herself with an options trade called a wheel strategy, which will capture some premium in case she is wrong. "We sell a put to buy the stock. It creates neutrality in the short term, but then bullishness on the long term," she said. "We'll do that while we're at the bottom end. If we're assigned and we're wrong, we'll sell a call." Nasdaq Nasdaq should benefit from the move to 24-hour trading , seven days a week, Inskip said. The around-the-clock trading doesn't mean people staying up late in the United States, but more global access to the markets, she explained. That means the markets will need more liquidity, she said. "The way to truly hedge is utilizing options, which means that's next," Inskip said. NDAQ YTD mountain Nasdaq year to date All that new activity is beneficial to Nasdaq, she explained. "They generate off of a lot of trades. We have more trades if they start listing the options," she said. "We need that in order to hedge properly. So there's more activity." UnitedHealth Investors should be careful with UnitedHealth , Inskip said. UnitedHealth wound up on her radar when the stock landed in the Schwab Trading Activity Index (STAX), which is an index of the firm's most actively traded securities. "UNH came up with this buy the dip mentality," she said. "From a technical perspective, UNH is in a bearish trading cycle. It is finding support based on levels, so far, even before Covid," she added. "If there is some support that's there, I expect some rallying to at least the 240 level." However, she is not a bull and is warning retail traders to watch out. "Just like GME, we're buying something because we think it's low, buying the dip without any real conviction of earnings follow-through and I don't see that," he said. UnitedHealth shares are down more than 39% year to date.
New York Post
13-06-2025
- Business
- New York Post
Dow rebounds as investors shrug off Trump threats of unilateral tariffs
Stocks staged a late rebound Thursday despite renewed trade tensions after President Trump threatened to impose unilateral tariffs on key US trading partners. The Dow Jones Industrial Average dropped more than 230 points, before finishing up 101 points, or 0.2% as investors reacted favorably to more tame inflation data. The S&P 500 and Nasdaq Nasdaq climbed 0.4% and 0.2%, respectively . The small-cap Russell 2000 declined, losing 0.4%. 3 President Donald Trump said he plans to unilaterally impose tariffs on dozens of trading partners, reviving concerns about a global trade war and sending a jolt through financial markets. Shutterstock Meanwhile, the CBOE Volatility Index (VIX), Wall Street's 'fear gauge,' spiked more than 5%, signaling rising investor unease. The market downturn came hours after Trump, speaking Wednesday evening at the John F. Kennedy Center for the Performing Arts in Washington, confirmed that his administration intends to send letters to US trade partners in the coming weeks to formally establish new tariff terms. 'We're going to be sending letters out in about a week and a half, two weeks, to countries, telling them what the deal is,' Trump said. 'At a certain point, we're just going to send letters out. And I think you understand that, saying this is the deal, you can take it or leave it.' Trump's remarks come ahead of a July 9 deadline, when the White House is expected to move forward with increased tariffs on a wide range of imports unless new trade agreements are secured. 3 The S&P 500 is less than 2% off its record. AP The president has previously floated similar timeframes, sometimes delaying or altering plans, but Thursday's selloff suggests investors are bracing for concrete action. In April, Trump proposed across-the-board tariff hikes but put them on hold for 90 days following a steep market decline. Since then, the administration has finalized only a narrow trade framework with the United Kingdom and a temporary tariff truce with China. That truce is now under pressure. Officials from Washington and Beijing met in London earlier this week for high-stakes negotiations after each side accused the other of breaching terms. Trump said Thursday that the US–China framework would include rare earth and magnet exports from China, in exchange for the US loosening restrictions on Chinese student visas. 3 In April, Trump proposed across-the-board tariff hikes but put them on hold for 90 days following a steep market decline. JOHN G MABANGLO/EPA-EFE/Shutterstock When asked whether he might extend the July 9 deadline to allow more time for deals, Trump said, 'But I don't think we're gonna have that necessity.' Trump has shifted his strategy away from blanket multilateral negotiations and is now focused on bilateral deals with countries such as India, Japan, South Korea and members of the European Union. Still, Commerce Secretary Howard Lutnick noted Thursday that negotiations with the EU have been difficult, pointing to the complexity of dealing with a 27-nation bloc. 'It's frustrating,' he said. With Trump reaffirming his tariff plans and few trade deals finalized, Thursday's sharp losses suggest markets are now pricing in the real possibility of a broader economic confrontation in the weeks ahead. The Post has sought comment from the White House.
Associated Press
28-04-2025
- Business
- Associated Press
Nasdaq IR Intelligence Macro Trends Report: March 2025 Insights
Nasdaq Nasdaq IR Intelligence has visibility into approximately $35 trillion of near real-time trading insight, including who was behind daily capital flows. Leveraging proprietary data and analytics, our team details macro trends as of March 2025. Some key takeaways include: Download the Macro Trends Report for more key takeaways as of March 2025. Visit 3BL Media to see more multimedia and stories from Nasdaq, Inc.
