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Options traders see fireworks in beaten down tech stock

Options traders see fireworks in beaten down tech stock

Options traders seem to expect a hot summer from a forgotten tech stock. More than 19,000 July 29 calls traded in Juniper Networks (JNPR) on Friday. Buyers initially paid $0.56 and kept nibbling as the stock moved higher. Pretty soon they doubled to $1.15 and even...

Retail giving tech a run for its money

Retail giving tech a run for its money

After a violent rally in retail, can the consumer dethrone Tech? Five of the 10 best performing members of the S&P 500 this week are retailers or apparel names: Under Armour (UA) Kohl's (KSS) Macy's (M) Hanesbrands (HBI) Gap (GPS) ETFs tracking the space, like...

Big techs battle over privacy: WWDC review

Big techs battle over privacy: WWDC review

Maybe we should have guessed it. After all, Tim Cook spent most of the last month bashing Facebook (FB) for collecting user data. Now it turns out there's some bark to his bite. Apple (AAPL) is in the midst of its annual WWDC conference, begun with Cook's keynote...

Two sectors on breakout watch

Two sectors on breakout watch

This post is intended for educational purposes and should not be considered a trading recommendation. Two sector funds may be on breaking out as bullish sentiment returns to the stock market. The SPDR Materials ETF (XLB) and SPDR Healthcare ETF (XLV) spent the last...

Safe havens slammed as bulls charge: Midweek sector check

Safe havens slammed as bulls charge: Midweek sector check

The S&P 500 is showing signs of a breakout as investors pile into higher-risk stocks. Meanwhile, safe havens are getting slammed. Here's a breakdown of the best- and worst-performing industries over the last five sessions. Winners: Technology is leading the...

Why furniture bulls may expect an earnings pop

Why furniture bulls may expect an earnings pop

Will a high-end furniture stock go higher? At least one big trader seems to think so. RH, formerly known as Restoration Hardware, peddles four-figure sofas, rugs and cabinets. Yesterday someone bought 5,000 June 110 calls for $5.75 and sold an equal number of June 120...

Is Dorsey the new Bezos?

Is Dorsey the new Bezos?

Technology's all about change. There's even change in the hottest CEO. Sure Jeff Bezos of Amazon.com (AMZN) might be the richest man in the world. And, sure, Tim Cook of Apple (AAPL) may run the most valuable company. And sure, Mark Zuckerberg of Facebook (FB) is...

AR, AI on stage at Apple event this week

AR, AI on stage at Apple event this week

Never mind the iPhones. Augmented reality (AR) and artificial intelligence (AI) will be the big themes at Apple's (AAPL) Worldwide Developers Conference this week. After all, that's where other tech giants like Amazon.com (AMZN), Alphabet (GOOGL) and Facebook (FB) are...