CleanSpark, Inc. (CLSK) appeared on our list of compressed stocks this morning. CLSK is a bitcoin mining company that has only been on our compressed stock list one time in the past. You can see looking at the ODDS Probability Cones in the chart below, that the...
Chewy, Inc. (CHWY) is getting a lot of attention in the news and in social media. It started back on May 29th when CHWY reported earnings and announced a $500 million stock buyback program. The announcements were received as very positive for the company. ...
It’s a short holiday week this week as we celebrate Independence Day. This morning, we expect a dip in the S&P 500 MINI SPX OPTIONS INDEX (XSP) near the open where we may be able to exploit the fact that many investors will be checking out this week due to...
It is very interesting that Canadian Imperial Bank of Commerce (CM) appeared on our list of compressed stocks this morning while the 1-month volatility expectations are very near a 2-year low. Why is it so interesting? Banks are extremely sensitive to interest...
OMF has been trending flat enough to show up on our list of stocks that are compressed. The compression signal tells us that the stock is poised to make a bigger-than-expected move in the next few weeks. Volatility expectations and options prices are relatively cheap,...
Rivian Automotive, Inc. (RIVN) is so hot in news and social media that many of the normal tools people use are almost irrelevant this morning. Since last night’s close, the company announced that it will receive a $5 Billion cash infusion from its new partner...
Nvidia Corporation (NVDA) is trending in news and social media after the stock declined nearly 13% since June 18th. Looking at the chart below, the 1-month implied volatility (the lower green line) bounces back and forth between 40 and 60. Last December the lows were...
Micron Technology, Inc (MU) is trending in news and social media this week as the company is scheduled to announce earnings on Wednesday, June 26th after the market close. Volatility expectations are high in anticipation of the earnings report and the stock recently...
Just about every news outlet has a headline featuring Gilead Sciences, Inc. (GILD) this morning. That’s the definition of a stock that is trending in the news. The reason for the hype is clear. GILD is a pharmaceutical company that just had a successful drug trial...
Dell Technologies, Inc. (DELL) is trending in news and social media after the news broke that DELL is a partner in Elon Musk’s future AI factory (see the headline below). The stock gained $7.12 or 5%Tuesday after this news became public. As of this writing the stock...