The stock market is showing cracks and the trading environment is murkier
S&P 500 still looks bullish despite overbought conditions and divergences. Source link...
MARKET
Boyd Gaming approached Penn Entertainment for deal: report
Casino operator Boyd Gaming Corp. has approached Penn Entertainment Inc. with an eye towards an acquisition, Reuters reported Thursday, citing people familiar with the matter. Source link...
Bearish Nvidia bets spike as world’s largest stock sees record-breaking reversal
Trading in bearish options tied to Nvidia Corp. spiked on Thursday ahead of a record-setting “triple witching” expiration, as shares in the chip maker swung more than 5% from peak to trough. Source link...
Oil futures settle at fresh 7-week highs as U.S. crude and gasoline supplies decline
Oil futures climbed on Thursday to settle at fresh seven-week highs on the back of weekly declines in U.S. crude and gasoline inventories, as rising geopolitical tensions lifted concerns about disruptions to global supply chains. Source link...
Most Americans think it’s a great time to sell a house. But watch out for the unexpected costs.
It may be a seller’s market, but homeowners thinking of listing their homes should be prepared for the costs that come with selling, which often amount to nearly $60,000, according to a new report. Source link...
We bought our Washington state home for $260,000 in 1996. It’s now worth $1.4 million. We’re moving to California. Do we get ‘over 65’ tax breaks?
“We made a series of house improvements costing $120,000.” Source link...
Nvidia’s stock turns sharply lower with a $230 billion swing in market cap
A Mizuho analyst says investors shouldn’t flee big momentum plays like Nvidia, while a BofA analyst says the chip maker’s rally still has juice. Source link...
Biden White House applauds Walmart, Amazon for grocery discounts amid inflation fight
The Biden administration is celebrating recent evidence of lower prices at the grocery store, even as it argues that some retailers are not passing along savings from falling wholesale prices to consumers. Source link...
AI drone fighters; robot cells, cows combating climate change — this fund manager focuses on life-altering technology
Aging, health and environmental challenges could get help from these innovations. Source link...
Mortgage rates drop to a two-month low: Here’s how much a buyer would need to put down to afford monthly payments
The 30-year mortgage rate is averaging 6.87%. Freddie Mac said in its latest weekly survey on Thursday. Source link...
