Warren Buffett’s maxim to “be greedy when others are fearful” is among the most quoted pieces of investment wisdom, but contrarianism is not a strategy in itself. In Zscaler’s case, the post-earnings price action delivered a painful verdict. My thesis this week for a bearish-to-bullish reversal rested on the idea that ZS had been unfairly […]
Anton Petrus | Moment | Getty Images Drone stocks surged Thursday on a report the Trump administration is in talks to fund several companies including one in which Donald Trump Jr. is a shareholder. The Pentagon has held months of discussions with a group of drone companies about potential funding deals, people familiar with the […]
Screens displaying the logo and homepage of prediction market platform Polymarket in Saint-Mande, east of Paris, April 29, 2026. Martin Lelievre | Afp | Getty Images The Commodity Futures Trading Commission announced on Thursday that it was suing Rhode Island, one week after the state took action against two prediction market platforms. It marks the […]
The American Gaming Association now estimates that states have missed out on more than $1 billion in tax revenue due to the rise of prediction markets. In an appearance on CNBC’s “Squawk Box” detailing the estimate, association president and CEO Bill Miller said that the lost money has consequences for communities due to the taxes […]
Signage at the Situation Room by Polymarket pop-up bar in Washington, DC, US, on Friday, March 20, 2026. Graeme Sloan | Bloomberg | Getty Images Federal prosecutors charged a Google employee with fraud on Wednesday, alleging that he made $1.2 million off of bets using insider information on Polymarket. Prosecutors claim that Michele Spagnuolo, a […]
Options traders are convinced the “SaaS-pocalypse” is over. Whether that’s true will likely depend on the market’s reaction to Salesforce earnings after the bell Wednesday. Volume ratios in options trading on the iShares Expanded Tech-Software Sector ETF (IGV) have been increasingly bullish throughout this month, including on Tuesday — when more than twice as many […]
John Maynard Keynes famously said, “Markets can remain irrational longer than you can remain solvent.” That’s good advice for anyone looking to short chip stocks based simply on price action. I happen to like one surging chip stock in particular: Marvell Technology (MRVL). The AI infrastructure story is real, the custom silicon wins are real, and the […]
Has gold lost its luster? Traders on both sides of the question are duking it out in the options pit of one ETF that’s trying to buck the multi-month downtrend in the commodity. Options volumes leaned bullish in both the SPDR Gold ETF (GLD) and VanEck Gold Miners ETF (GDX) on Tuesday as GDX posted […]
Zscaler reports after the close. I’m leaning long the stock, which appears to be in the midst of a bearish-to-bullish reversal, but not long premium (the options). At a 12.2% implied move versus an 11.3% long-term average, options aren’t cheap. I want to be relatively net flat premium with a bullish tilt/sentiment (aka “delta”). A […]
The stock market has been volatile due to rising Treasury yields and high oil prices amid tensions in the Middle East. Amid this uncertainty, dividend stocks can help investors secure consistent portfolio income. Top Wall Street analysts can inform investors on their search for attractive dividend stocks that have the ability to generate solid cash […]