Join us every Tuesday for Profit With the Pros, as we share some of our favorite stock market reports, articles, research, and trends. We'll curate a fresh batch of free, top-tier content from our exceptional team of traders, analysts, and editors, constructed to help you keep your portfolio at the top of its game. There are several factors that could give the S&P 500 Index (SPX) a boost by the end of the year. In his Monday Morning Outlook, Senior V.P. of Research Todd Salamone looks at option buyers on Cboe Market Volatility Index (VIX) futures, rising SPX short interest, and the mixed sentiment backdrop as potential market movers over the next two weeks. Incoming NDX Debut Places 2 Stocks in the SpotlightA Nasdaq-100 Index (NDX) reshuffle is coming up on Monday, Dec. 23. While Palantir Technologies (PLTR) is among the most notable names joining the tech-heavy benchmark, it's also worth keeping an eye on two other additions: crypto giant MicroStrategy (MSTR) and defense concern Axon Enterprise (AXON). We checked in with both stocks to see how their long- and short-term performances stack up. Why DraftKings Stock Might ReboundSports betting staple DraftKings (DKNG) has struggled on the charts in the last month. However, if past is precedent, DKNG could start 2025 off strong, after pulling back to a historically bullish trendline. Beyond the flashing signal provided by Senior Quantitative Analyst Rocky White, DKNG has several other contrarian factors in its favor– including recent options activity -- that indicate a short-term bounce could be imminent. Options Traders Don't Need to Fear Friday the 13thAs the holiday season comes to a head and Wall Street tapers off from its post-election buzz, there are few noteworthy themes left to carry us through the remaining weeks of trading. A historically suspicious day for both those in and out of the options market, we thought it'd be an interesting idea to see how stocks tend to perform after Friday the 13th. Looking at returns on a daily, weekly, and monthly basis, join us in taking a look at data from Schaeffer's Senior Quantitative Analyst Rocky White and what it could be hinting for S&P 500 Index (SPX) performance in the new year. |
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