IGT Stock Price Poised for a Breakout

IGT Stock Price Poised for a Breakout

Gambling stocks struggled in 2020 as companies with large physical casinos experienced dramatic declines in revenue and earnings due to the coronavirus pandemic. However, the sector has shown strength throughout 2021 so far, as a number of positive developments are coming into play. While the advancements in coronavirus vaccine development have been a welcome relief […]

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ARKK Implosion: Using Options to Profit From It

Over the past few weeks, the theme in the stock market has been a selloff in the tech sector. Several high-fliers from 2020 and early this year have taken a beating. While many buzzworthy tech names seemed to be overvalued, they didn’t look like they would experience a pullback…that is, until they did. Perhaps the […]

LAC Stock Price On Long Term Trend on Supply and Demand Imbalance

LAC Stock Price On Long Term Trend on Supply and Demand Imbalance

Lithium prices are gaining traction on the supply-demand story with stocks like LAC the prime beneficiaries. According to Barron’s, “The global lithium industry produces less than 600,000 metric tons a year today. Demand is expected to hit 1.5 million tons by 2025. Even with new lithium mining projects, increased supplies of the commodity don’t seem likely to […]

Trade of the Week: GE

Trade of the Week: GE

General Electric (GE) options saw a massive amount of volume last week, with over 1 million contracts trading in one day. The industrial giant was in the news for the divestiture of its jet leasing business for $30 billion. Investors hoped for improved guidance from GE management after this transaction, but did not get it. […]