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Reading the Stock Market Signals After Last Week’s Chop

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Schaeffer's Profit With the Pros header: Insightful stock analysis

Options Traders Have Been Eyeing Netflix Stock After Earnings

Streaming stock Netflix (NFLX) has been mired in an extended pullback on the charts, though it seems to have finally found an area of support. Amid this price action, call traders are picking up the stock at an increased rate, with NFLX landing on Schaeffer's Quantitative Analyst Rocky White's list of equities that have attracted the highest options volume in the past two weeks. These options are reasonably priced at the moment, too. To learn more, click below!

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What Icarus and Sisyphus Can Tell Us About Stocks

The tech sector rotation last week probably caught investors off guard. To help understand the landscape, we pivoted to two classic characters in literature: Icarus and Sisyphus. Which stocks flew too close too the sun? Which stocks are slowly pushing that rock up the hill? The answers could inform your trading thesis going forward. 

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Weight-loss Pill Wars: Novo Nordisk Sues Hims & Hers Health

Pharma giant Novo Nordisk (NVO) is pursuing legal action against Hims & Hers Health (HIMS) for alleged patent infringement, after the telehealth company introduced a weight-loss pill with the same active ingredient as its Wegovy drug -- priced at $149 -- at a much lower starting price of $49. Meanwhile, the U.S. Food and Drug Administration (FDA) took aim at Novo Nordisk, noting its TV advertisements made "false or misleading" claims about Wegovy's benefits. We checked in with both NVO and HIMS amid these headlines and took a closer look at their options activity, too.

See How the Stocks are Fairing 


Former SPX Supporters Could Continue to Create Headwinds

Despite all of the tech sector struggles in February, the S&P 500 and Russell 2000 Index both held their respective 100-day and 50-day moving averages. Tests of these trendlines, per Senior V.P. of Research Todd Salamone, have historically resulted in subsequent rallies. That should be enough to embolden bulls wary of recent rangebound trading.

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