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Stocks Set Another Record as Rates Fall and Earnings Begin

Stocks Set Another Record as Rates Fall and Earnings Begin

Stocks are nearing record highs as earning season begins. The S&P 500 rose 1.8 percent between Friday, January 5, and Friday, January 12. The index managed to hold a support level from mid-December and had its highest weekly close ever. The Dow Jones Industrial...

Chart of the Day: Here’s a Rare Breakout in the Technology Sector

Chart of the Day: Here’s a Rare Breakout in the Technology Sector

Most technology stocks remain well off their highs in 2022, but not Juniper Networks. The maker of routers and switches closed at its highest level in almost 11 years last week. The breakout followed some interesting patterns that may anticipate a bigger move. First,...

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...