S&P 500's most volatile stocks could be worth a look – traders pick two favorites

  • 📰 CNBC
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

S&P 500's most volatile stocks could be worth a look – traders pick two favorites (via TradingNation)

are the stocks on Wall Street with the highest beta, a measure that indicates how much a stock moves relative to the broader market.

"We actually like the short-term prospects here. It's slowly starting to stabilize, starting to establish a base," he said. "What really gets us excited is … the longer-term uptrend remains intact. If this stock repeats its pattern from 2016 to 2017 and from 2018 to 2019, those are two tests of that longer-term uptrend line and the rally off that line was in excess of 100% the first time, and then in 2018, we rallied 85%.

Danielle Shay, director of options at Simpler Trading, said it pays to be cautious with broad markets at highs after a strong run, but does see one solid high-beta candidate.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Google Assistant now has 500 million users, rivaling Amazon Alexa - Business InsiderGoogle just revealed that half a billion people around the world are using the Google Assistant as it battles with Amazon to conquer the smart home
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stocks jump and oil prices fall as U.S.-Iran conflict easesU.S. stocks neared record highs on hopes that the United States and Iran were backing away from the edge of war. AY PAPI CHOLO President Trump is the world’s most stable genius! Profits for Q1 would take a huge hit if most of the planet became a disintegrated pile of radioactive rubble.
Source: latimes - 🏆 11. / 82 Read more »

European stocks seen lower as Iran retaliates with strikes on US basesEuropean stocks are set to open lower on Wednesday after Iran fired rockets on Iraqi airbases housing U.S. troops.
Source: CNBC - 🏆 12. / 72 Read more »

Defense stocks in Asia soar after Iran attacks on Iraqi bases hosting US troopsMilitary-related shares in Japan, South Korea and China surged on Wednesday — some by more than 20% — after Iran attacked multiple bases housing American troops in Iraq. Fuck From looks of the markets Iran is winning, the WS white collar Taliban are in full panic mode on fake fear, I call it just another day of computerized organized crime on WS.. This war is to distract from what the FED is doing repo CNN NBC ABC CBS DOWJONES
Source: CNBC - 🏆 12. / 72 Read more »