Nasdaq futures rose on Monday amid increased expectations of a pause in interest rate hikes in March, though gains were capped as bank stocks declined following Silicon Valley Bank's (SVB) collapse.Market SnapshotAt 8:17 a.m. ET, Dow e-minis were down 229 points, or 0.71%, S&P 500 e-minis were down 17.5 points, or 0.45%, and Nasdaq 100 e-minis were up 36.5 points, or 0.3%.Pre-Market MoversFirst Republic— Shares of First Republic cratered more than 64% before the bell, building on last week’s losses. Shares led a decline in bank stocks despiteplans from the government to backstop depositorsof Silicon Valley Bank and Signature Bank.Seagen— Shares soared more than 18% in early market trading on news it will be acquired byPfizerin a deal worth roughly $43 billion, which will boost Pfi
Below got someone comment I am clown talking to myself 1 day said hold and 1 day rally, what I said is based on the actual day chart, the chart give false signal and below this person whose do not know how to interpret chart said make below comment, I think next timed before make comment please reflex himself does he possess the ability to interpret the chart, like this he just clown himself by laughing other.
$Unicycive Therapeutics, Inc.(UNCY)$ SOLD !! Congratulations to trader who had bought for swing . But as usual, it's not the 1st time we have seen such volatility and it pays to constantly remind ourselves to focus on the charts and react accordingly. The WORST thing you can ever do in a volatile market is to trade aggressively. Before you know it, reversals will come and go at the most unexpected times to wipe you out. This is why during such volatile times, although there could be very profitable opportunities, you MUST know how to use the right strategies. The key here is to NOT fight the volatility head-on. The only part that can be challenging is finding these 'hidden gems'. But once you know how to find them, you will literally posses
$Desktop Metal Inc.(DM)$ The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. DM shares currently have a short interest ratio of 20.0. Get ready for the pain!!
Yesterday, a hawkish Federal Reserve official made comments which sparked market speculation. The PPI report showing a year-over-year increase of 6% has reignited inflation expectations, with the wholesale cost index up 0.7% and service prices rising by 0.4%, driving the largest increase in overall data since June of last year. Cleveland Fed President Mester spoke yesterday, indicating that although there is no new news on the economy, the situation remains strong. However, the uncertain future resulting from the Russian-Ukraine conflict and the Chinese opening up means that if inflation remains high, the next rate hike will be supported by 0.5%. Similarly, St. Louis Fed President Bullard expressed the same view in the early hours of this morning, believing that tightening should be mainta