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I:RUT Dec 2024 650.000 put

OPR - OPR Delayed Price. Currency in USD
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1.65000.0000 (0.00%)
As of 01:21PM EDT. Market open.
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Previous Close1.6500
Expire Date2024-12-20
Day's Range1.6500 - 1.6500
Contract RangeN/A
Open Interest21
  • Yahoo Finance Video

    Small-caps stocks may benefit most from Nvidia market rally

    Markets have been on a remarkable rally, with the Dow Jones Industrial Average (^DJI) surpassing the 40,000 mark for the first time ever last week. However, markets seem to be taking a breather ahead of Nvidia's (NVDA) much-anticipated fiscal first-quarter earnings results, expected on Wednesday, May 22. First Franklin Financial Chief Market Strategist Brett Ewing joins Catalysts to discuss how investors should navigate markets (^IXIC, ^GSPC) around certain driver events. Ewing acknowledges that Nvidia's results "will play an important role" in shaping market sentiment in the short term. However, he emphasizes that the AI trend "is longer-term," suggesting that regardless of how Nvidia's results impact the market, "it will likely recover." Additionally, Ewing notes that historically, markets tend to exhibit positive performance during election years. Despite the anticipation surrounding Nvidia's earnings, Ewing believes "we have a lot of positive tailwinds" that could contribute to market growth. He advises investors to explore opportunities in small and mid-cap stocks, which he believes could see "upside of over 40 to 60 percent over the next eighteen months." Ewing points to the Russell 2000 index (^RUT), which has been stuck in a cycle, noting "the longer they stay in the more powerful the breakout can be." When asked about how he believes a Federal Reserve rate decision will affect market dynamics, Ewing responds, "I believe that a lot of that has already been priced in, and looking forward, the market is looking at rate cuts, and I think that's what the sentiment should be." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith

  • Zacks

    Best Leveraged ETFs of Last Week

    Wall Street was upbeat last week. The rally came after the release of weaker-than-expected inflation data, which raised hopes of a sooner-than-expected Fed rate cut.


    Why Nvidia Earnings May Play Second Fiddle to This Factor, and 5 Other Things to Know Before the Market Opens.

    Fed minutes and home data are coming, oil prices after Iran’s president dies, retail earnings, and other news to start your day.