Stock Market Today 20.11.2025

US stocks rally as Nvidia earnings spark AI rally; jobs data boosts Wall Street

November 20, 2025, 11:58 PM EST. Wall Street surged after Nvidia delivered blockbuster earnings, lifting the mood for AI stocks. The chip giant rose about 5% as quarterly profit and revenue guidance topped expectations. Strong September jobs data added to optimism, with nonfarm payrolls up 119,000 and unemployment nudging higher. By 10:25 AM ET, the S&P 500 was up ~1.8%, the Dow ~1.5%, and the Nasdaq ~2.3%. In stocks, Walmart jumped ~5.5% on solid results; Alphabet and Meta Platforms also climbed. Other chip names rallied alongside AMD and Broadcom. Gold remained flat, crude oil edged higher on supply draws, and the 10-year yield slipped to about 4.11%.

AI Boom Fuels M&A Premiums but Heightens Market Risks

November 20, 2025, 11:56 PM EST. AI is the single biggest topic for investors and corporate leaders, driving a wave of M&A and sky-high valuations as buyers pay for AI capabilities they can't build in-house. Analysts warn markets are pricing future profits rather than current fundamentals, while Nvidia's results sparked both gains and a pullback as concerns about an AI bubble spread. Industry estimates say roughly $7 trillion in capital is needed for data centers by 2030, yet leverage in the system remains under scrutiny. The risk picture is widening: longer debt maturities, depreciation cycles, and the lure of riskier zero-coupon convertibles are adding to market fragility as volatility spikes become more frequent.

Eos Energy Prices $458M Direct Stock Offering and $525M Convertible Senior Notes

November 20, 2025, 11:55 PM EST. EOS Energy Enterprises priced a registered direct offering of 35.86 million shares at $12.78, with closing expected Nov. 24, 2025. It also priced $525 million of 1.75% convertible senior notes due 2031, with an option for up to $75 million more. The initial conversion rate is 61.3704 shares per $1,000 principal, implying a conversion price of about $16.29, a ~27.5% premium to the Nov. 19 close. Estimated net proceeds from the notes are about $507.9 million (up to $580.5 million if the option is exercised). Eos agreed to repurchase $200 million of its existing 2030 notes for roughly $564.6 million, including interest. Proceeds will fund the repurchase and general corporate purposes, with settlement for the new notes expected Nov. 24; shares rose >4% pre-market after a $12.78 close.

Home Depot Valuation After a 14% Drop: Is HD Undervalued at Current Levels?

November 20, 2025, 11:52 PM EST. Home Depot (HD) has shed about 14% in the last quarter and roughly 16% over 90 days, with a 1-year total shareholder return of -14.4%. Despite solid longer-run gains, near-term growth expectations have cooled as consumer spending remains sensitive to inflation. Analysts' fair value for HD sits near $433, versus a latest close around $334, suggesting the stock is undervalued by these projections. The bull case cites HD's investments in supply-chain tech, machine-learning driven delivery, and in-store digital upgrades that could lift margins and long-term earnings. Risks include slower remodeling projects and rising costs that could cap near-term gains. On a valuation basis, HD trades at about 22.8x earnings, near the industry average of 16.6x, and near its own fair multiple of 22.6x, implying limited upside if growth slows.

Powell Industries (POWL) Valuation Under Scrutiny After Sharp Sell-Off

November 20, 2025, 11:49 PM EST. Powell Industries (POWL) continues to spark debate on its valuation after a dramatic move. The stock dropped 11% in a single day yet remains up 24% YTD and delivers an astonishing 988% TSR over three years. The pullback invites questions: is the stock undervalued or has the market already priced in strong growth? The latest narrative suggests the price implies overvaluation relative to a $269.26 fair value, while the current price hovers around $285.29. On a relative basis, the P/E is 19x versus an industry average of 26.7x and peers at 44.3x, with a computed fair multiple of 23.6x. Growth drivers include utility and data center demand, robust backlog, and grid electrification. Risks include possible demand cooling and execution hurdles; a longer-term view remains essential.

Wall Street slides as early tech rally fades and volatility spikes

November 20, 2025, 11:46 PM EST. Markets were choppy as US indices tumbled after an early tech rally faded. The S&P 500 fell about 1.6%, Nasdaq roughly 2.2%, with broader risk assets retreating and futures lower. Pepperstone's Chris Weston warned a correction could extend into December as managers dump 2025 winners and trend funds scale back equity exposure (about $65B this week, $220B in December). Volatility surged to multi-month highs, echoed by Kyle Rodda at Capital.com. Traders worry about momentum-driven losses and potential drawdowns into year-end. Unwinds in JPY-funded carry and higher JGB yields add to the pressure, while policy uncertainty keeps the odds of a December rate cut unsettled. A risk-off tone persists for now, with tech leadership fading and risk assets under pressure.

Early Bitcoin Whale Sells $1.3B, Transfers $230M to Kraken, Fuels Bearish Pressure

November 20, 2025, 11:44 PM EST. An early Bitcoin whale has liquidated about $1.3 billion in Bitcoin and moved $230 million to Kraken, signaling renewed supply from dormant wallets. The move coincides with a broad bearish outlook as Bitcoin trades near $86,530 and tests levels not seen since spring. The sale marks one of the year's largest long-term holder liquidations and has reignited concerns over selling pressure from ancient addresses. Traders note continued offloading by large holders, returning BTC to exchanges as the price drifts lower, suggesting that confidence remains fragile while downside risks persist.

Baird, KeyBanc Boost Nvidia NVDA Price Targets on Blackwell Demand

November 20, 2025, 11:42 PM EST. Nvidia posted strong Q3 FY26 results: revenue $57B, up 62% YoY, and adjusted EPS $1.30, with Q4 FY26 guidance near $65B. Despite a broader AI stock rotation, Baird and KeyBanc lifted NVDA's price target to $275 from $225-$250. KeyBanc's John Vinh cited Nvidia's Blackwell demand and the ~$500B pipeline, while Baird's Tristan Gerra noted Blackwell demand outstripping supply and Nvidia's platform leadership into 2026/2027. Analysts point to the data-center strength and the contribution from Blackwell Ultra revenues, with attention on execution and TSMC capacity. The stock remains a Strong Buy on the Street, supported by analyst optimism around AI demand and Nvidia's architecture leadership.

ETH Data Signals Downside Risk as Ether Falls Below $3K; 200-Week SMA Emerges as Last Line of Defense

November 20, 2025, 11:40 PM EST. Ether prices have fallen to four-month lows below $3,000, erasing a year's gains while on-chain and treasury data spark fresh concerns. Capriole Investments data show ETH treasury companies sit on unrealized losses, with several top players trading at NAVs or well below. The group's red ink deepens confidence issues and could pressure ETH further as demand from institutions wanes. A persistent bearish fractal from 2022 now mirrors 2025, with the 200-week SMA pinning a potential downside near $2,450-$2,500 and a possible test of the psychological $2,500 level. Technicals point to continued weakness: a super trend sell on weekly charts and outsized drawdowns after similar signals in 2022 and 2025. BitMine Immersion and others report multi-billion unrealized losses on ETH holdings.

PulteGroup (PHM) Valuation Review: Earnings Dip, Share Price Drop, and a Potential Entry Point

November 20, 2025, 11:38 PM EST. PulteGroup's latest results show a modest decline in annual revenue and net income, triggering a pullback in PHM shares (about a 7.7% drop over the past month). Despite near-term softness, the stock trades around 20% below consensus price targets and roughly 26% beneath estimated intrinsic value, suggesting a potential entry point. Over five years, investor returns have been strong, with a 168% total shareholder return. Analysts' fair value sits at around $137.38 versus a recent close near $113.76, implying the stock is undervalued but faces headwinds from affordability constraints and softer demand in key regions. Key positives include large land positions and a flexible, option-focused approach aligned with population shifts to the Southeast and Sun Belt. Risks remain that margin compression could temper the upside.

Agnico Eagle Mines (AEM): Is There Still Upside After Momentum?

November 20, 2025, 11:36 PM EST. Agnico Eagle Mines (AEM) has shown solid momentum with a 1-year TSR of 105.6% and a 90-day stock return near 23%, underpinned by strong gold-sector dynamics. The stock trades at $167.67, with a fair value around $188.80, suggesting the shares remain undervalued relative to consensus. Investors are weighing ongoing exploration success and reserve expansion at Detour Lake, Canadian Malartic, and Hope Bay as drivers of future production growth and revenue leverage. A higher-than-average P/E multiple (24.4x) vs. peers reflects momentum premiums, but introduces valuation risk if gold prices soften or major project delays occur. The upside depends on sustained demand for gold and execution of a rapid ramp-up in output.

Opendoor Bull Sees $500 Target as CEO Confirms Tokenization Push

November 20, 2025, 11:34 PM EST. Opendoor Corp's biggest bull, Eric Jackson, raised his target to $500 for OPEN, insisting patient investors will be rewarded despite a recent five-day slide. In premarket trading, OPEN edged higher after a warrant-driven pullback, while Stocktwits sentiment moved to neutral. CEO Kaz Nejatian seemingly confirmed a tokenization push, though details remain scarce, fueling chatter about fractional real estate ownership and potential crypto-based payments. Jackson argues the path from $82 → $200 → $500 remains intact, citing the company's AI-driven growth and the new management as catalysts. Retail mood on OPEN softened, even as a year-to-date gain eclipses 300%. The stock's trajectory, warrants, and tokenization plans will be watched closely as the company explores a longer-term tech-forward strategy.

Opendoor Slumps as Housing Market Stalls; Insider Sell-Off Hits OPEN

November 20, 2025, 11:32 PM EST. Opendoor Technologies (OPEN) fell about 11% after a brutal week, extending a roughly 30% slide as investors digest a slowing housing market. Redfin's October data show sales and new listings plateauing, weighing on Opendoor's model of buying, holding, and reselling homes. With billions in inventory and ongoing debt financing, Opendoor remains operating at a loss as carry costs erode margins around the business. The stock's decline is amplified by a low gross margin near 8%. Adding fuel to concerns, Interim CFO Christina Schwartz sold 73,951 shares for about $583k via a mandatory sell-to-cover program. While insider sales aren't unusual during declines, the combination of weak demand and elevated losses underscores the stock's risk and valuation challenges.

BULL Corp Drops 3.6% on Regulatory Scrutiny: Key Drivers and Investor Takeaways

November 20, 2025, 11:28 PM EST. BULL Corp shares fell about 3.64% as investors weigh fresh regulatory scrutiny and questions about its growth plan. Despite a reported net income of $636M, the company posted $112M in expenses that sent operating profit into the red, while revenue capped at $68M. Analysts flag negative price-to-book and fragile cash flows even with a modest leverage of 0.02. The firm has assets of $1.8B against liabilities of $1.2B, suggesting solvency risks amid a thinning margin of safety. Market reaction centers on missed revenue targets and strategic clarity, fueling volatility. With earnings mix shifting toward higher R&D outlays, investors will scrutinize whether recent investments translate into sustainable growth or prolonged headwinds.

Six Flags (FUN) Valuation in Focus After Sharp Selloff: Is It Undervalued at $13.53?

November 20, 2025, 11:26 PM EST. Six Flags Entertainment has fallen about 5% in a month and trades near $13.53, signaling a skeptical mood as the company pursues a recovery. In the last year, the stock is down over 70% and momentum has faded after a roughly 38% slide, with investors weighing near-term prospects against a broader turnaround plan. The analysis cites potential consolidation synergies from the Cedar Fair merger, portfolio optimization, and targeted cost savings (around $120M of permanent annual savings) as catalysts to lower the cost base, raise margins, and accelerate deleveraging via stronger free cash flow. The reported fair value of $26.92 implies undervalued, but debt load and volatile weather pose meaningful risks that could derail the turnaround. The piece invites readers to form their own narrative.

Webull Undervalued? DCF Signals 67% Discount After Platform Upgrade

November 20, 2025, 11:24 PM EST. Webull faces a volatile stretch after a platform upgrade and industry partnerships, slipping 10.5% last week and 21.6% for the month. The stock is tagged as undervalued by a DCF-based view, with an intrinsic value of $26.71 per share and a declared 67.7% discount to today's price. The model uses $385.53 million in current Free Cash Flow, projecting growth to about $899.21 million by 2035, though long-horizon figures are extrapolations. The rally is tempered by a lofty PE multiple of 57x versus an industry average around 24.56x. With a -25.0% return over the past year, the stock's valuation story hinges on growth expectations and competitive shifts. Investors will want to monitor further platform updates and earnings signals before acting.

Nestlé (NSRGY) Shares Cross Below 200-Day Moving Average

November 20, 2025, 11:20 PM EST. Nestlé S.A. (NSRGY) briefly crossed below its 200-day moving average of about $97.98 on Thursday, trading as low as $97.75. The stock was down roughly 0.3% on the day. The intraday move comes as investors monitor the chart for longer-term signals, with NSRGY hovering near support around the 200-DMA after a 52-week range of $80.11 to $109.31, and a last trade near $98.09. If the stock sustains a move below the 200-DMA, traders may seek a test of this level or a bounce, depending on broader market momentum and fundamental news. Remember, moving averages are lagging indicators, not guarantees of future performance.

Plexus Breaks Below 200-Day Moving Average

November 20, 2025, 11:18 PM EST. Plexus Corp. (PLXS) slipped below its 200-day moving average of $133.92 during Thursday's session, trading as low as $132.40 and down about 4.3% on the day. The last trade printed around $132.74 as the chart compares PLXS's one-year performance to the trend line. Over the past year the stock traded in a 52-week range of $106.28 to $172.89. A break below the 200-day moving average can signal renewed downside momentum, though traders will want to see if PLXS can reclaim the $133.92 level in coming sessions. The note adds that other stocks have recently crossed below their own 200-day moving averages.

Nintendo NTDOY Breaks Below 200-Day Moving Average, Dips to $20.68

November 20, 2025, 11:16 PM EST. NTDOY crossed below its 200-day moving average of $20.71, trading as low as $20.68 and down about 1% on the day. The chart shows NTDOY's performance relative to the 200-day MA over the past year. The stock's 52-week range runs from $13.08 to $24.92, with a last trade near $20.73. Traders are watching whether this breach signals a longer-term trend shift after a period of volatility.

Tom Lee says crypto is a leading indicator for U.S. stocks amid market pullback

November 20, 2025, 11:12 PM EST. Fundstrat's Tom Lee argues that crypto prices can foreshadow moves in the U.S. stock market, saying the unwind in bitcoin and ether reflects weaker liquidity and could precede broader selloffs. Bitcoin slid to levels not seen since April, as investors booked profits amid fading hopes for a quick Fed rate cut. Major U.S. indexes ended lower after Nvidia's strong results earlier gave way to a softer session in tech. Lee notes the crypto/AI trade is tightly linked, with many large holders swinging between digital coins and AI stocks. He envisions further crypto declines before a longer-term recovery, suggesting bulls may return faster than the decline once demand resumes. The October crash and record liquidations loom as reminder of the risk cycle.

PSLV.U:CA Stock Market Analysis – Buy Near 11.66 with Stop at 11.60

November 20, 2025, 11:10 PM EST. Stock Traders Daily Canada provides a quick read on PSLV.U:CA (Sprott Physical Silver Trust). The current trading plan flags a long entry near 11.66, with a stop at 11.60 and no short positions at this time. Updated AI Generated Signals for PSLV.U:CA are available, with data timestamps to verify freshness. Ratings by term show a gradient: Near = Strong, Mid = Weak, Long = Neutral. The note emphasizes long-term positioning while acknowledging the absence of short ideas and the role of AI-driven signals in adapting to price moves.

Dollar Mixed After U.S. Labor Data Sparks Fed Cut Bets; EUR/USD Dips

November 20, 2025, 11:08 PM EST. US payrolls rose 119,000 and the unemployment rate ticked up to 4.4%, boosting doubts the Fed will move decisively. The dollar slipped modestly after the data, as initial claims fell to 220,000 but continuing claims rose to 1.974 million. The week's reports were mixed: Oct existing home sales +1.2% to 4.10 million, and wages steady at 3.8% y/y. Fed officials signaled caution, arguing that inflation around 3% warrants patience before further cuts. Markets price roughly a 37% chance of a 25 bp cut at the Dec meeting. In FX, EUR/USD slid to a two-week low as eurozone confidence disappointed, while ECB divergence keeps losses contained ahead of more Fed easing later.

Nvidia slump drags Wall Street as Walmart climbs with Nasdaq listing move

November 20, 2025, 11:07 PM EST. Wall Street cooled after Nvidia's gains reversed, pulling the Dow, S&P 500, and Nasdaq lower as investors grew doubtful about a December rate cut. Nvidia's earnings beat earlier in the week had sparked a broad rally, but its late-day reversal shaved points off major averages. Nvidia shares slipped to about $181, a decline of roughly 3%, while Walmart bucked the trend, jumping about 6% after reporting stronger U.S. sales and a solid quarterly revenue beat. Walmart also announced a shift of its listing to Nasdaq on December 9, 2025, fueling optimism about online growth and annual forecast upgrades. The mood remained sensitive to consumer demand and inflation, with investors watching for fresh clues on monetary policy.

Elastic (ESTC) Beats Q3 CY2025 Revenue, Raises Guidance as Shares React to Results

November 20, 2025, 11:04 PM EST. Elastic (ESTC) posted Q3 CY2025 results that beat estimates. Revenue reached $423.5 million (+15.9% YoY) vs $417.9 million expected, and Adjusted EPS of $0.64 beat consensus of $0.58. The company guided for Q4 revenue of around $438 million, roughly 2% above estimates, and raised FY guidance for revenue to $1.72 billion at the midpoint and Adjusted EPS to $2.43. Operating margin came in at -1.9%, in line with the year-ago quarter, while Free Cash Flow Margin cooled to 6.1% from 25.1% prior quarter. Net Revenue Retention stayed at 112%, and billings reached $399.6 million. Management cited AI-driven demand; analysts expect 11.9% revenue growth over the next 12 months, a deceleration. Investors watched the stock reaction to the results.

Stock Market News: SPY, QQQ Fall as Unemployment Rises to 4.4%; Dalio Warns of Market Bubble

November 20, 2025, 11:02 PM EST. Stock indices reversed gains as SPY and QQQ closed deeply in the red after a strong start. A hotter-than-expected jobs report showed nonfarm payrolls up 119,000 and the unemployment rate rising to 4.4%, the highest since October 2021, with the August revision down 4,000. Nvidia's rally provided only a brief lift, while voices like Ray Dalio warned of a market bubble-describing it as an unsustained surge in buying and valuations. Fed Governor Lisa Cook cautioned about outsized asset declines amid rich valuations across stocks, bonds, and housing, though she noted the system's resilience. The S&P 500 and Nasdaq 100 fell about 1.6% and 2.4%, respectively, as investors weighed a slower growth backdrop against risky assets.

Gap (NYSE:GAP) Surprises With Q3 CY2025 Sales Beat; EPS and EBITDA Ahead of Street

November 20, 2025, 11:00 PM EST. Gap Inc. reported Q3 CY2025 results that topped expectations, with revenue $3.94 billion, up 3% YoY and a 0.8% beat to consensus. GAAP EPS $0.62 surpassed estimates by 5.6%. Adjusted EBITDA was $459 million, an 11.6% margin and a 15.1% beat vs. estimates. Operating margin was 8.5%, and Free Cash Flow Margin was 3.9%. Same-store sales rose 5% YoY (vs 1% in the prior year). Market cap about $8.71 billion. CEO Richard Dickson called the quarter the seventh consecutive quarter of positive comps. Gap's portfolio-Gap, Old Navy, Banana Republic, Athleta-faces long-term growth constraints but could gain from pricing optimization or international expansion. Analysts expect ~1.9% revenue growth over the next 12 months, below sector averages.

PFFA Oversold: RSI Dips Below 30 Amid Heavy Selling

November 20, 2025, 10:58 PM EST. On Thursday, the Virtus InfraCap U.S. Preferred Stock ETF (PFFA) traded into oversold territory as the RSI fell to 29.7. The index measures momentum on a 0-100 scale, with readings below 30 signaling potential weakness. By comparison, the S&P 500 RSI sits at 37.0, highlighting a relative drawdown for PFFA. A heavy recent selloff has pushed the ETF toward the lower end of its 52-week range-the low is $19.20 and the high is $22.85-with the latest trade around $21.14. The price is trading flat for the day. Some traders may view the RSI reading as a sign selling could be exhausting and look for entry point opportunities on the buy side, though risk remains.

IonQ Breaks Below 200-Day Moving Average as Shares Slip

November 20, 2025, 10:56 PM EST. IonQ Inc. (IONQ) breached its 200-day moving average of $19.45 on Monday, trading as low as $18.38 and sliding about 9.6% on the session. The move comes as the stock hovered near a one-year view versus the MA, highlighting renewed volatility around the trend line. The stock's 52-week range spans from $6.22 to $54.74, with the latest print near $18.71. Traders watching the chart will note the potential implications of a break below the long-term MA, which may fuel further near-term weakness or provide a probe for a short-term reversal. Click through to see other names that recently crossed below their 200-day moving average.

Crude Erases Early Gains as Ukraine Peace Plan Sparks Sanctions, OPEC+ Outlook

November 20, 2025, 10:54 PM EST. Crude oil and gasoline slid from an early rally on Thursday as news of a possible Ukraine peace plan weighed on sentiment. December WTI (CLZ25) and RBOB (RBZ25) closed lower, with gasoline hitting a two-week low, while risk-off dynamics pressured futures. Market focus shifted to sanctions on Russian energy exports and the potential for increased global oil supply if a peace deal reduces restrictions. Support also came from signals of reduced Russian crude exports and ongoing OPEC+ output decisions, including December production hikes followed by a pause in Q1-2026. Analysts note mixed signals from demand forecasts and geopolitical risks, keeping the oil complex highly sensitive to headlines.

XPeng Breaks Below 200-Day Moving Average

November 20, 2025, 10:52 PM EST. XPeng Inc (XPEV) broke below its 200-day moving average near $20.50, dipping to $20.08 and trading about -5.1% on the session. A one-year chart shows XPEV's performance under its long-term average, with the stock near key support while the 52-week range runs from $11.14 to $28.235. The latest quote sits around $20.09, suggesting potential continued volatility as traders assess the break. Readers can click to see which other stocks recently crossed below their 200-day moving average.

NBXG Falls Below Key 200-Day Moving Average

November 20, 2025, 10:50 PM EST. Neuberger Berman Next Generation Connectivity Fund (NBXG) slid below its 200-day moving average of $13.88 on Thursday, trading as low as $13.68 and down about 3.1% for the session. The chart shows NBXG's one-year performance versus the moving average; its 52-week range runs from $10.05 to $15.655, with a last trade near $13.67. The development follows the broader trend of stocks testing major moving averages. Investors may watch whether NBXG sustains the move under the 200-day line or finds support near the prior level. An accompanying note invites readers to see which other dividend stocks recently crossed below their 200-day moving average.

ZETA Crosses Below 200-Day Moving Average as Shares Dip Toward $8.75

November 20, 2025, 10:48 PM EST. Zeta Global Holdings Corp (ZETA) briefly traded below its 200-day moving average of $8.74, sliding to as low as $8.71 before recovering slightly. The stock was down about 3.6% on the session, with the last print near $8.75. The move comes after a year of volatility, with a 52-week range of $4.09 to $11.28. Traders watching the chart might note how the price stayed below the moving average, signaling potential near-term weakness, though support near the 52-week low could play a role. Investors also noted a link to other names that recently crossed below their own moving averages. Always consider risk factors and confirm with updated data before trading.

Crane Co. Breaks Below 200-Day Moving Average (CR)

November 20, 2025, 10:46 PM EST. Crane Co (CR) traded below its 200-day moving average of $175.70, sliding to as low as $175.46 and down about 1.6% on the session. The stock's 52-week range runs from $127.04 to $203.89, with a last trade near $176.16. The chart shows a one-year view versus the long-run benchmark, highlighting the breach of the 200-day line. Traders will be watching whether the move signals additional near-term weakness or a potential test of support around the current level, as price action remains near the edge of the long-term trend.

Nat-Gas Prices Slide as US Weather Turns Warmer

November 20, 2025, 10:44 PM EST. December Nymex natural gas (NGZ25) settled lower, down about 1.7%, as US weather forecasts turned warmer and heating demand cooled. Forecaster Atmospheric G2 projected warmer conditions across the northern US (Nov 25-29) and the central US (Nov 30-Dec 4). The session's early gain faded after a bigger-than-expected EIA storage draw (-14 bcf for the week ended Nov 14) helped spark gains, though the bullish draw was offset by ample supply signals. The EIA raised its 2025 gas production outlook to 107.67 bcf/d (+1.0%); US production remains near a record. LNG net flows eased, while electricity output rose and the rig count slipped to 125.

Stocks pull back after Dow's 700-point rally fades on jobs data and Fed rate expectations

November 20, 2025, 10:40 PM EST. U.S. equities erased an early Dow rally, ending lower as the jobs report cooled hopes for an imminent rate cut. The Dow fell 386.51 points to 45,752.26, the Nasdaq shed 486.18 to 22,078.05, and the S&P 500 slid 103.40 to 6,538.76. A stronger-than-expected September payrolls print-119,000 jobs added with the unemployment rate at 4.4%-was offset by revisions and a hawkish tilt from the Fed. Traders still priced in roughly a 40% chance of a December rate cut, per the CME FedWatch. Nvidia's blowout earnings and Walmart's solid results underpinned an early gain, but broad uncertainty and earnings resilience described a market that traded on fundamentals rather than hype about an AI bubble.

Snowflake Poised to Outpace Palantir and BigBear.ai in 2026 as AI Demand Accelerates

November 20, 2025, 10:38 PM EST. As AI demand surges, Snowflake is gaining traction with a data cloud that stores, processes, and analyzes data, and an expanding AI toolkit. Snowflake's Cortex AI platform lets customers build AI agents, analyze text, images, and audio, and access LLMs from Anthropic, Mistral, and Meta platforms. Its serverless GPU option lowers capex, letting firms rent hardware to train and deploy AI apps. This full-stack approach supports cross-sell to existing customers and attracts new ones. By contrast, Palantir and BigBear.ai benefited from AI tailwinds but face headwinds: Palantir's lofty valuation and volatility; BigBear.ai's tempered revenue growth. If Snowflake sustains AI-driven growth and expands its customer base, it could outpace peers in 2026.

Nvidia's reversal stuns the tech world: what the charts say happens next

November 20, 2025, 10:36 PM EST. Following Nvidia's earnings, the stock opened around $196, then reversed after a bullish opening gap, forming a bearish engulfing candle. The RSI failed to reclaim the midline, with oversold readings (~30) offering a potential buy on weakness, but historically NVDA has moved sideways after strong results. Expect a period of consolidation near the 50-day moving average, with resistance near $196 and support around $175. A break below could target the 200-day moving average near $153, though the writer still sees upside risk as solid earnings and guidance serve as a tailwind. In the interim, watch for further consolidation as momentum rebuilds toward a new high.

Dow wipes out 700-point rally in rollercoaster session as Nvidia-led gains fade

November 20, 2025, 10:34 PM EST. Stocks reversed course after an early rally sparked by Nvidia's earnings, with the Dow erasing a more-than-700-point gain and finishing down 386 points at 45,752. The S&P 500 fell 1.6% and the Nasdaq slid about 2.2% as chip names slid after an initial boost. Nvidia closed down 3% after a rally of as much as 5% earlier, while the Philadelphia SE Semiconductor index dropped about 3.4%. Investors wrestled with lofty AI valuations amid fears of soaring AI spending and weighed jobs data showing a higher unemployment rate in September even as employers added jobs. Traders eyed a growing chance of a Fed rate cut in December, even as earnings momentum remained mixed. Walmart rose after lifting its forecast.

TECK Drops Below 200-Day Moving Average, Trading Near $38

November 20, 2025, 10:32 PM EST. TECK Resources Ltd (TECK) crossed below its 200-day moving average of $38.32, with an intraday low of $38.14 and a last trade near $38.23. The stock was down about 4.7% on the session. The move places TECK within its 52-week range of $28.32 to $48.47. A break below the 200-day moving average can signal near-term pressure, though traders often seek confirmation through volume and subsequent closes above the line. Investors may watch for a bounce toward the moving average or a renewed decline beyond key support levels.

Nvidia's AI-driven earnings lift US stocks, spark tech rally

November 20, 2025, 10:30 PM EST. US stocks closed higher after Nvidia stunned with an AI-driven forecast of about $65 billion in Q4 revenue, lifting the broader tech rally. After-hours, Nvidia shares gained over 5% as demand for AI infrastructure stays strong. The rally extended to Alphabet, Meta, and Amazon, while a Nasdaq-100 ETF jumped about 1%. Futures implied continued gains for US indices as global markets cheered the AI backdrop. The dollar strengthened on slim odds of a rate cut, and the US 10-year yield rose to roughly 4.14%. Gold rose; oil fell on higher inventories; Bitcoin hovered near $90,300. Some analysts questioned whether Nvidia has peaked, but the AI optimism remains a key driver for the next leg of the global equity rally.

Big swings rock Wall Street as stocks erase morning surge and fall sharply

November 20, 2025, 10:28 PM EST. Stocks booked jarring swings on Thursday, erasing an early 1.9% surge and finishing with broad declines as traders weighed AI hype, earnings signals, and the prospect of fewer Fed rate cuts. The S&P 500 fell 1.6%, the Dow dropped about 386 points, and the Nasdaq slid 2.2%. Big winners tied to AI and crypto pulled the market lower, with Nvidia giving back gains after a strong forecast and Bitcoin slipping below $87,000. A Bank of America survey showing a record share of managers says investors think firms are overinvesting adds to the caution. Names like Amazon and Palantir swung from gains to losses, highlighting renewed risk-off sentiment amid high growth expectations.

ARKK Oversold as RSI Falls to 28.1; Potential Buy Entry Point Emerges

November 20, 2025, 10:26 PM EST. ARK Innovation ETF (ARKK) slipped into oversold territory after the RSI dipped to 28.1, well below the traditional 30 threshold. At one point, shares traded as low as $71.53, with the latest print near $71.75. The RSI contrast is notable: 28.1 for ARKK versus 37.0 for the S&P 500. A risk-tolerant investor might view the move as a potential exhaustion of the recent selling, looking for a buy entry point. Over the past year, ARKK traded in a 52-week range of $38.57 to $92.65. Traders should weigh the stock's volatility against any indication of a reversal and consider other fundamentals before acting.

iShares MSCI Pacific ex Japan (EPP) Falls Into Oversold Territory as RSI Drops

November 20, 2025, 10:24 PM EST. In Thursday trading, the iShares MSCI Pacific ex Japan ETF (EPP) traded as low as $48.97, signaling oversold conditions after an RSI reading of 28.3. Relative strength remains below the 30 threshold, vs. the S&P 500 RSI near 37.0, highlighting relative weakness. Bulls might view the sub-30 RSI as exhaustion of selling and search for entry point opportunities on the buy side. The chart shows a 52-week range of $38.44 to $52.695, with a last trade near $48.96, and the fund down about 1.1% on the day. Investors should weigh fundamentals against momentum indicators and monitor for a potential rebound.

Everest Group RSI Signals Oversold at 29.9 – Potential Buy Point for EG

November 20, 2025, 10:22 PM EST. Everest Group Ltd (EG) showed an RSI of 29.9, slipping into oversold territory on Thursday as the stock traded as low as $305.53. The current market backdrop contrasts with the SPDR S&P 500 ETF (SPY), whose RSI sits around 35.7. A prudent trader might view the 29.9 RSI as a sign that recent selling pressure could be exhausted and look for a potential entry point on the buy side. EG's 52-week range runs from $302.44 to $392.78, with a last trade near $304.99. Investors are advised to consider risk and confirm signals before acting.

SDOG Breaks Below 200-Day Moving Average, Trading Near Session Lows

November 20, 2025, 10:18 PM EST. SDOG fell through its 200-day moving average of $57.97, trading as low as $57.81 on Thursday. The ALPS Sector Dividend Dogs ETF was about 0.5% lower on the day, with a last trade near $58.04. The fund's 52-week range spans $49.52 to $61.54. A drop below the 200-day MA can signal waning momentum and potential further weakness if buyers fail to defend key support around the prior low. Investors may watch near-term price action for a possible test of support and any new catalysts impacting dividend-focused equities.

Atkore Becomes Oversold as RSI Dips to 29.1; DividendRank Ranks ATKR in Top Quartile

November 20, 2025, 10:16 PM EST. Dividend Channel's DividendRank places ATKR in the top 25% of its coverage universe, signaling strong fundamentals and attractive valuation. On Tuesday, ATKR traded as low as $154.47, with the RSI at 29.1, placing it in an oversold zone against a dividend-universe RSI average of 56.0. The stock's annualized dividend of $1.28 yields about 0.73% based on a recent $176.40 price. A cautious reader might view the RSI exhaustion as a potential entry point, though dividends can be unpredictable. Investors should review ATKR's dividend history and fundamentals to decide if it fits their income or growth goals.

NetApp Oversold as RSI Dips to 29.2; DividendRank Names NTAP in Top Quartile

November 20, 2025, 10:14 PM EST. Dividend Channel's DividendRank places NTAP among the top 25% of its dividend-stock universe. On Friday, NTAP slid into oversold territory as the RSI dropped to 29.2 (below the 30 threshold). The stock traded as low as $60.12, with the recent price around $61.38. The annualized dividend of $2 yields about 3.26% based on the price. A cautious, bullish reader might view the RSI dip as exhaustion of selling and seek entry points, while it remains critical to study dividend history and broader fundamentals. Note: dividends aren't guaranteed.

HACK Crosses Below 200-Day Moving Average, ETF Slips Near $81

November 20, 2025, 10:12 PM EST. The Amplify Cybersecurity ETF (HACK) moved below its 200-day moving average of $81.45, hitting as low as $80.65 and trading about 1.9% lower on the session. The last trade printed around $80.92, with a 52-week range of $61.59 to $89.59. This marks continued pressure on the fund as it tests the long-term trend line. Traders will watch whether HACK can reclaim the 200-day MA or extend the decline toward recent support. The piece also notes that several other ETFs recently crossed below their own 200-day moving averages.

Dow Erases 717-Point Gain as Nvidia Earnings and Jobs Data Weigh on Markets

November 20, 2025, 10:11 PM EST. Stocks swung from early gains to losses Thursday as Nvidia earnings and the jobs data set the tone but AI optimism faded. The Dow closed down 0.8% at 45,752, the S&P 500 fell 1.6% to 6,538, and the Nasdaq dropped 2.2% to 22,078 after Nvidia gave up after-hours strength and finished about 3.2% lower. Nvidia reported top- and bottom-line beats with strong guidance and $500 billion in forward orders for its Blackwell and Rubin chips. The September jobs report showed 119,000 jobs added and the unemployment rate rising to 4.4%, with July/August revisions subtracting 33,000 payrolls, injecting uncertainty about the Fed's December decision. Fed funds futures price in roughly a 60% chance of no rate cut in December, keeping sentiment cautious on AI spend.

MSM Crosses Below 200-Day Moving Average at $83.08

November 20, 2025, 10:08 PM EST. MSM shares slipped after trading below their 200-day moving average of $83.08, dipping to a session low of $82.94. The move comes as the stock trades about 0.5% lower on the day. The intraday action places MSM amid a year of movement around the key indicator, with the current last trade near the 200 DMA. The stock's 52-week range spans from a low of $74.20 to a high of $96.23, underscoring the price volatility since the prior year. Traders will note that crossing below the 200-day moving average can influence near-term sentiment and potential support levels, though no forecast is provided here.

Bitcoin OG Whale Owen Gunden Dumps $1.3B as Institutions Seize Control of ETFs

November 20, 2025, 10:06 PM EST. Bitcoin veteran Owen Gunden sold his entire $1.3 billion BTC stake, transferring the last 2,499 BTC to Kraken amid panic selling. Since late October, he has offloaded about 11,000 BTC, emptying his wallet. The market sits at its most bearish level in this cycle, with the Bull Score at 20/100. Meanwhile, institutional ownership of U.S. spot Bitcoin ETFs has surged to around 40%, a sign that giants are consolidating control even as retail selling persists and ETF outflows total roughly $2.8 billion this month. The shift hints at a wealth transfer from early holders to institutions, suggesting a long-term opportunity for big players despite near-term volatility.

VIGI Crosses Below 200-Day Moving Average; Shares Dip to $83.59

November 20, 2025, 10:04 PM EST. Shares of the Vanguard International Dividend Appreciation ETF (VIGI) briefly crossed below their 200-day moving average of $83.80, trading as low as $83.59 on Wednesday. The ETF was about 1.4% lower on the session. The chart compares VIGI's performance over the past year with its 200-day moving average. In the last 52 weeks, VIGI traded between a low of $77.28 and a high of $89.09, with the most recent trade at $83.73. This development comes as traders monitor momentum cues and potential support near the 200-day MA. Readers can click to see other ETFs that recently crossed below their 200-day moving average.

FV crosses below 200-day moving average: First Trust Dorsey Wright Focus 5 ETF

November 20, 2025, 10:02 PM EST. Shares of the First Trust Dorsey Wright Focus 5 ETF (FV) slipped after crossing below the 200-day moving average of $47.88, trading as low as $47.80 on Thursday. The ETF was down about 2.6% on the session, with the 52-week range spanning $44.08 to $51.64. The latest print puts the last trade near $47.83, underscoring near-term weakness as the price trades below key support. Traders will watch whether FV can reclaim the 200-day moving average or extend its down move if selling pressure persists.

Noteworthy Thursday Option Activity: GE, HHH, ULTA

November 20, 2025, 10:00 PM EST. Thursday's notable option activity centered on GE, HHH, and ULTA. At GE, total options volume reached 19,740 contracts, about 2.0 million underlying shares and roughly 54.2% of the stock's average daily volume (ADV) of 3.6 million. The standout was the $320 strike call expiring Nov 21, 2025, with 6,251 contracts, equating to about 625,100 shares. For HHH, volume ran to 1,898 contracts, about 189,800 shares or 53.3% of its 355,805-share ADV, led by the $85 strike call due Dec 19, 2025 with 450 contracts (≈45,000 shares). ULTA posted 2,610 contracts, roughly 261,000 shares or 52.9% of its 493,030-share ADV, highlighted by the $487.50 strike put expiring Nov 28, 2025 with 182 contracts (≈18,200 shares).

Xylem (XYL) Valuation Under Review After Momentum Cooldown

November 20, 2025, 9:58 PM EST. Xylem (XYL) has cooled after a strong start, with a roughly 20% YTD gain and a 12-month total return of 14.5%. The stock remains resilient, but the market is reevaluating growth expectations as valuations stretch. A widely cited narrative puts fair value at $163.24, implying the stock is undervalued versus the current close near $139. Support comes from operational gains under the 80/20 model, improving margins and on-time performance. However, a higher P/E of 35.7x vs. peers and a potential macro drag in developing markets pose downside risks and could compress the multiple toward 28x fair value. Investors should weigh growth momentum against valuation risk and macro headwinds.

Notable Thursday Options Activity: LMND, SHOO, ABNB

November 20, 2025, 9:52 PM EST. Notable Thursday options activity focused on LMND, SHOO, and ABNB. In LMND, total options volume reached 24,292 contracts-about 2.4 million shares and ~71.7% of its 1-month ADV-with the heaviest action on the $80 strike call expiring Nov 21, 2025 (4,693 contracts, ~469k shares). For SHOO, options volume stood at 8,539 contracts (≈853,900 shares), about 62.3% of its 1-month ADV, led by the $40 strike call expiring Dec 19, 2025 (3,010 contracts, ~301k shares). ABNB totaled 30,783 contracts (≈3.1 million shares, ~60.1% of ADV), with the largest shown on the $170 strike put expiring Jan 16, 2026 (3,550 contracts, ~355k shares).

Noteworthy Thursday Options: SNOW, MDB, WEN See Elevated Activity

November 20, 2025, 9:50 PM EST. Today's notable options activity in SNOW, MDB, and WEN highlights rising interest across Russell 3000 components. SNOW shows total options volume of 22,641 contracts, about 2.3 million shares, with the $230 strike put expiring November 28, 2025 leading activity (1,701 contracts, ~170,100 shares). MDB posted 9,221 contracts (~922,100 shares), about 58.8% of its 1.6 million average daily volume, led by the $240 strike put expiring December 19, 2025 (904 contracts, ~90,400 shares). WEN traded 44,675 contracts (~4.5 million shares), about 56.6% of its 7.9 million average daily volume, with the $8 strike put expiring November 21, 2025 (20,892 contracts, ~2.1 million shares).

Noteworthy Thursday Options Activity: J, TH, ACN Highlight Busy Session

November 20, 2025, 9:46 PM EST. Thursday's option flow spotlight centers on Jacobs Solutions (J), Target Hospitality (TH), and Accenture (ACN). J traded about 4,354 contracts today, roughly 435,400 underlying shares, about 43% of its 1-month average daily volume. Notably, the $155 put expiring 11/21/2025 moved 1,086 contracts (≈108,600 shares). TH showed 2,284 contracts (≈228,400 shares), about 42% of its 1-month average; the $7 call expiring 01/15/2027 traded 1,012 contracts (≈101,200 shares). ACN rose to 14,207 contracts (≈1.4 million shares), around 40% of its 1-month average; the $270 put expiring 11/21/2025 saw 2,001 contracts (≈200,100 shares). For expirations beyond, visit StockOptionsChannel.com.

Noteworthy Thursday option activity in MCD, CEG and ALAB

November 20, 2025, 9:44 PM EST. Noteworthy Thursday option activity across the Russell 3000 spotlighted MCD, CEG and ALAB. In MCD, total options volume reached 13,471 contracts (about 1.3 million shares), roughly 44.4% of its 1-month average daily volume. The standout: the $275 put expiring 11/21/2025 with 5,044 contracts, about 504,400 shares. In CEG, volume ran 12,866 contracts (~1.3 million shares, ~44.4% of 2.9m). The top is the $375 call expiring 11/21/2025 with 997 contracts (~99,700 shares). In ALAB, activity hit 24,567 contracts (~2.5 million shares, ~44.3% of 5.5m). The notable $170 call expiring 11/21/2025 with 1,802 contracts (~180,200 shares). For more expirations, visit StockOptionsChannel.com.

Sugar Prices End Flat Amid Global Sugar Surplus Outlook

November 20, 2025, 9:42 PM EST. Sugar prices finished little changed as they consolidate the latest gains, with March NY #11 SBH26 flat and March London #5 SWH26 up 0.02%. The market has been buffeted by a global supply glut, helped by higher output in Brazil and India and revised ISO forecasts showing a 2025-26 surplus. Traders cited India's potential duty to raise ethanol blending as supportive for mills diverting cane to ethanol, tightening or reducing sugar supply. Earlier, ISMA raised India's 2025/26 production estimate to around 31 MMT while export quotas of 1.5 MMT were confirmed for 2025/26. Bearish pressures persist from a robust 2025-26 forecast and record crop expectations in Brazil (Conab) and signs of expanding cane crush for sugar in Center-South. Prices remain sensitive to government policy and production outlook.

Notable Thursday Options Activity in BAC, NN and FSLR

November 20, 2025, 9:40 PM EST. Notable Thursday option activity among Russell 3000 components saw BAC trade 161,353 contracts, about 16.1 million underlying shares and roughly 45.2% of its 1-month ADV. A standout was the $52.50 strike call expiring Nov 21, 2025 with 15,754 contracts (~1.6 million shares). NN posted 5,699 contracts (~569,900 shares or ~45.2% of its 1-month ADV), led by the $20 strike call expiring Dec 19, 2025 with 1,358 contracts (~135,800 shares). FSLR traded 10,996 contracts (~1.1 million shares, ~44.7% of ADV), highlighted by the $320 strike call expiring Mar 20, 2026 with 505 contracts (~50,500 shares). Expirations vary; more details at StockOptionsChannel.com.

Noteworthy Thursday Option Activity: ARWR, RBLX, COF

November 20, 2025, 9:38 PM EST. Today's options activity among Russell 3000 components shows notable moves in ARWR, RBLX and COF. ARWR saw total option volume of 8,414 contracts, about 841,400 underlying shares, or roughly 47.8% of its 1-month average daily volume. The standout trade: the $45 strike call expiring Mar 20, 2026 with 3,768 contracts (~376,800 shares). RBLX posted 39,505 contracts (~4.0 million shares), about 46.5% of its average daily volume. The most active: the $90 strike put expiring Feb 20, 2026 with 3,397 contracts (~339,700 shares). COF's activity reached 17,039 contracts (~1.7 million shares), about 45.7% of ADV, led by the $220 strike call expiring Jan 16, 2026 with 4,803 contracts (~480,300 shares). For the various expirations for ARWR, RBLX, or COF options, visit StockOptionsChannel.com.

MDYV Breaks Below 200-Day Moving Average as ETF Dips to $78.19

November 20, 2025, 9:36 PM EST. MDYV (SPDR S&P 400 Mid Cap Value ETF) crossed below its 200-day moving average of $79.76 on Friday, trading as low as $78.19. The ETF was down about 2.3% on the session. The chart shows MDYV's one-year performance relative to the 200-day line. MDYV's 52-week range spans from a low of $65.86 to a high of $87.8066, with the last trade at $78.53. Traders will watch whether the break below the moving average signals renewed weakness or a test of the next support level.

FDN Crosses Below 200-Day Moving Average

November 20, 2025, 9:34 PM EST. On Wednesday, FDN (First Trust Dow Jones Internet Index Fund) crossed below its 200-day moving average of $152.78, with shares trading as low as $150.21 and down about 4.4% on the session. The ETF's last trade was around $150.87, within a 52-week range of $114.86-$176.62. The breach below the 200-day moving average could signal near-term softness in internet exposure, though observers will await follow-through. The chart contrasts a year of price action with the moving average, using the 200-DMA as a trend gauge. Readers may also explore other ETFs that recently crossed below their 200-day moving average.

RPG Crosses Below 200-Day Moving Average; ETF Drops 4.3% on Friday

November 20, 2025, 9:32 PM EST. Shares of the Invesco S&P 500 Pure Growth ETF (RPG) crossed below its 200-day moving average of $34.17, trading as low as $34.02. The ETF is about 4.3% lower on the session, with last price around $34.25. The chart shows RPG's one-year performance relative to the moving average, with a 52-week range of $28.86 to $38.91. These levels highlight near-term weakness after the break of the moving average, which could keep traders watching for additional downside or a potential rebound near the $34 area.

Coffee Prices Settle Higher on Supply Woes Amid Weather in Vietnam and Brazil Harvest Outlook

November 20, 2025, 9:28 PM EST. March arabica (KCH26) settled up 0.48% and January ICE robusta (RMF26) rose 2.55%, signaling a firmer session on lingering supply concerns. Robusta hit a two-week high while Arabica benefited from dollar weakness and short covering. Weather disruptions in Vietnam's Dak Lak delayed harvests, with more showers forecast. In contrast, rain in Brazil earlier pressured futures as crop prospects improved. The market remains backed by tight ICE inventories and tariff headlines affecting demand for Brazilian coffee. Vietnam's export data and StoneX's 2026/27 Brazil outlook point to a larger supply base, underscoring the conflicting signals traders face. Overall, supply-side dynamics kept prices higher despite some bearish rainfall expectations in key regions.

Cocoa Prices Rally as Dollar Weakness Triggers Short Covering

November 20, 2025, 9:26 PM EST. Cocoa prices closed higher Thursday as a weaker dollar sparked short covering in futures that had become heavily oversold after a two-week selloff. December NY cocoa (CCZ25) rose 3.34%, while London (CAZ25) climbed 2.19%. The move higher coincided with dwindling ICE cocoa inventories in US ports to an 8-month low, underscoring supply tightness. Traders cited a delay to the EU's Deforestation Regulation (EUDR) easing near-term supply concerns and expectations of a larger West Africa crop, though Ivory Coast harvests are just starting. In broader context, tariff relief on non-US grown cocoa and softer global demand have weighed on sentiment, while Q3 grindings in Asia/Europe/North America showed mixed trends.

Nasdaq falls over 2% as US stocks reverse Thursday gains; volatility spikes

November 20, 2025, 9:24 PM EST. Stocks extended a late-day tilt lower as the Nasdaq fell about 2.15% and the Dow shed roughly 386 points, with the S&P 500 down about 1.5%. The Nasdaq 100 swung from an early 2% gain to a close down more than 2%, a rare reversal after a sharp rally from the spring. The VIX finished at 26.51, the highest close since April, while the ICE BofA MOVE Index also climbed to a two-month high. Sector chatter showed XLK losing ground after leading earlier, with Nvidia and other mega caps sliding; chips such as Lumentum, Micron, and Western Digital led the downside. Software names like Oracle, Cisco, PANW, and Datadog fell. Meme names cooled; Bitcoin sank 3.5% to the mid-80s, after flirting with $90,000 earlier.

Bitcoin Billionaire Sells Entire 11,000 BTC Stash Worth $1.3B, Arkham Reveals

November 20, 2025, 9:22 PM EST. A crypto whale known since 2011, Owen Gunden, reportedly sold his entire 11,000 BTC stash for about $1.3 billion, with large transfers to Kraken. Arkham Intelligence flags a ramp-up in activity since late October and suggests a full liquidation, though custody or yield moves on exchanges can complicate tracing. Bitcoin has fallen roughly 31% from its all-time high within a month, trading near the $85k-$90k area as investors weigh whether a bear market is unfolding. The episode coincides with a reevaluation of targets by top bulls; Ark Invest's Cathie Wood reportedly cut her Bitcoin price target amid the current volatility.

Nvidia Euphoria Fades as U.S. Stocks Slide on Jobs Data and Fed Jitters

November 20, 2025, 9:20 PM EST. U.S. stocks closed sharply lower on Thursday as an AI-led rally evaporated into a broad selloff driven by jobs data, fresh Fed minutes, and the Nvidia earnings reaction. The Dow fell ~0.5% (~230 points) to around 45,900, the S&P 500 down ~1.3% near 6,559, and the Nasdaq off ~1.5-1.6% around 22,200. Intraday swings were wide, with the Dow swinging over 1,100 points and the VIX spiking toward the high-20s. Nvidia posted a record quarter with $57.0B revenue, especially data center demand, and issued a strong outlook of ~$65B next quarter, briefly lifting markets before broader selling returned. Traders weighed AI valuations, rate uncertainty, and potential systematic selling by trend-following funds.

US stocks reverse gains as Nvidia, AI ROI and Fed policy weigh markets

November 20, 2025, 9:18 PM EST. Three themes guiding today's session: 1) Nvidia's strong chip demand doesn't settle the big AI ROI question – where's the killer app and real returns for hyperscalers? 2) Markets worry the Fed could stay restrictive in December, with a softening labor market and tariffs flagged as deflationary by new research. 3) Downside momentum and rising volatility trigger algorithmic trading and hedging, delaying a durable bottom until a capitulation. Still, in a broad bull market, these dips are often buyable; Nvidia remains the core proxy for AI infrastructure.

Amer Sports (NYSE:AS) Rallies on Q3 Beat as 2025 Outlook Is Upgraded; Valuation in Focus

November 20, 2025, 9:16 PM EST. Amer Sports (NYSE:AS) topped Q3 estimates with stronger sales and profit, triggering a sharp stock rally as management lifts the 2025 outlook. The rally has driven YTD gains of about 20.5% and a 1-year total shareholder return near 65.8%, underscoring growing investor enthusiasm. The positive momentum rests on ongoing direct-to-consumer expansion, higher full-price sales, tighter margins, and upbeat guidance. valuation highlights show a fair value of $46.14 implying the stock is undervalued, though the market currently trades at a rich P/E around 61.9x versus the US Luxury average (19.2x) and peers (32.1x), signaling valuation risk if growth flags. Risks include Asia-Pacific concentration and intensifying competition. With strong results and an upgraded outlook, is Amer Sports still below its true value or has optimism priced in too much?

AI Bubble Fears Return as Wall Street Slips After Nvidia-Led Rally

November 20, 2025, 9:14 PM EST. Fears of an AI bubble resurfaced as Wall Street slipped after a brief rally sparked by Nvidia. Nvidia's outsized surge has driven lofty valuations in AI-related firms, with the stock now around $4.4 trillion in market cap, but investors worry about heavy AI spending by others. The S&P 500 fell 1.6%, the Dow declined 0.8%, and the Nasdaq shed 2.2%, while Nvidia sank 3.2%. The VIX jumped 8% as volatility rose. A mixed jobs report reinforced expectations that the Federal Reserve will hold rates in December. Cross-Atlantic activity was mixed: FTSE 100 +0.2%, Dax +0.5%, Nikkei +2.65%. The AI rally remains a barometer for risk appetite and corporate capital expenditure on chips and data centers.

Jim Cramer's Charitable Trust buys Corning into weakness as oversold signals emerge

November 20, 2025, 9:12 PM EST. Jim Cramer's Charitable Trust buys 50 shares of Corning (GLW) at about $78, lifting its stake to 650 shares and a roughly 1.4% position. The move comes after Thursday's session, when an early rally driven by Nvidia's solid results gave way to a broad selloff led by data-center names. There may be a silver lining in the S&P Short Range Oscillator turning toward oversold territory, though an oversold reading does not guarantee a bottom. The fund continues to seek high-quality names on weakness and is nibbling into the pullback while preserving cash. Readers should note the strategy is contingent on policy terms and trade alert timing.

MSFU:CA Stock Analysis and AI-Generated Signals for SavvyLong (2X) MSFT ETF

November 20, 2025, 8:58 PM EST. MSFU:CA provides AI-generated signals for the SavvyLong (2X) MSFT ETF with November 20 ratings showing near: Weak, mid: Weak, long: Neutral. The plan section lists no long-term trades, while a short near 22.95 is noted with a stop at 23.06. Updated signals are available for SavvyLong (2X) MSFT ETF, and the timestamp emphasizes data recency. Traders should note the mixed near/mid outlook and the absence of formal long plans as of this update.

NIO (NYSE:NIO) Valuation Under Review as Shares Fall 19% in a Month

November 20, 2025, 8:54 PM EST. NIO (NYSE:NIO) shares have fallen about 19% in the past month as investors weigh the competitive EV landscape and sentiment around Chinese automakers. After a strong year start (YTD return 26.37%), momentum has cooled, though the 1-year total shareholder return of 23.66% still contrasts with deeper losses over three and five years. A widely cited view argues the stock is undervalued, with a fair value around $6.91 versus a last close near $5.75, implying potential upside. Bullish drivers include stronger delivery growth, new models (ONVO L90, ES8, FIREFLY), a multi-brand strategy, and expansion of the Power Swap/charging network that could lift top-line growth and recurring margins. Risks: persistent losses, fierce EV competition, and a high price-to-sales multiple (~1.5x) versus peers.

Sea (SE) Valuation Post-Pullback: Is Growth Already Priced In?

November 20, 2025, 8:50 PM EST. Sea (SE) has seen a pullback of about 13.4% in the past month, even as the stock trades higher on the year with roughly a 37% YTD gain. The stock's 1-year TSR exceeds 25% and its 3-year return is about 158%, suggesting momentum around its growth narrative. Bulls point to Shopee, Monee, and Garena as drivers of expanding TAM and double-digit revenue growth, supporting a case for undervaluation-with a prevailing fair value around the high $100s (≈$192.68). Bears flag a rich P/E around 60x versus peers and the industry, warning of a possible correction if sentiment cools. Risks include competitive pressure and potential swings in the gaming segment, despite large opportunities in Southeast Asia and Brazil. The question remains: is future profitability already priced in?

Garrett Motion GTX crosses 2% yield threshold as dividend appeal grows

November 20, 2025, 8:48 PM EST. Garrett Motion Inc (GTX) now yields above 2% based on its quarterly dividend of $0.32 annualized. With shares trading near $15.71, investors are weighing dividend sustainability against volatility in this member of the Russell 3000. Historically, dividends have contributed materially to total returns, as illustrated by a long-term case study like the IWV example, where dividends significantly boosted overall performance despite price fluctuations. The article notes that dividend amounts are not always predictable and reflect profitability swings. For GTX, examining the history chart can help gauge whether the most recent payout is likely to continue and whether a 2% yield is a reasonable expectation going forward. Investors are invited to explore other dividend stocks on sale.

NetApp (NTAP) Yields Above 2% as Dividend Pulse Keeps Pacing

November 20, 2025, 8:46 PM EST. NetApp, Inc. (NTAP) yields above 2% after a quarterly payout of $2, with trades near $99.73. This setup highlights income potential when price gains may lag. The piece notes that dividends have historically boosted total returns, as shown by long-run SPY data where dividends offset flat price performance. Investors should assess whether NTAP's current yield signals a durable payout, given profitability history. As a member of the S&P 500, NetApp carries large-cap status within broad market indices.

Corn Pressure Deepens at Midday on Export Pace and Net Shorts

November 20, 2025, 8:43 PM EST. Corn futures extend midday losses, dipping about 3-4 cents as demand remains uneven ahead of the holiday. The CmdtyView national cash price sits near $3.99 per bushel, while export sales for 2025/26 rose to 2.26 MMT in the week through Oct. 2-the largest thus far this marketing year and about 85% higher than a year ago. CFTC data show traders adding to their net short in corn futures in the week ended Sept. 30, underscoring ongoing bearish positioning. Three South Korean buyers tendered for corn, totaling 329,000 MT. Nearby and deferred futures hovered near $4, with cash around $3.88-$3.99. Look for next week's holiday pace to influence demand and for any fresh weather signals to sway pricing.

Canadian Utilities' Series Y Preferred Shares Yield Crosses 5.5% Mark

November 20, 2025, 8:40 PM EST. Canadian Utilities Ltd.'s Cumulative Redeemable Second Preferred Shares Series Y (CU-PRC.TO) are yielding above 5.5% based on a quarterly dividend annualized at $1.299. The shares traded as low as $23.45, while the issue remained at a 3.40% discount to its liquidation preference. The preferreds are convertible, adding optionality for holders. A one-year chart shows CU-PRC's performance lagging the common CU. A dividend history chart accompanies the piece. In Thursday trading, CU-PRC fell about 2.9% on the day, vs. the common CU.TO, down roughly 1.2%. The data highlight income potential with added capital structure features in a volatile rate environment.

Cotton Steady Thursday Midday; Front-Months Edge Up as December Falls 35 Points

November 20, 2025, 8:38 PM EST. Cotton futures are higher modestly across the front-months on Thursday, though the December contract remains down 35 points. Meanwhile, crude oil slips and the USD index ticks up. Weekly data show Export Sales of 198,985 bales and export shipments of 157,757 bales for the marketing year, with export demand for cotton running at a MY high. In the Commitment of Traders report, managed money widened its net short by 2,736 contracts as of Sept 30, totaling 64,740 contracts. The Seam auction sold 5,724 bales at 58.96 cents/lb; the Cotlook A Index rose 35 points to 74.65 cents. ICE certified stocks held steady at 20,344 bales; the Adjusted World Price sits at 51.83 cents/lb. Nearby quotes: Dec 25 at 61.95 (−35), Mar 26 at 63.82 (+4), May 26 at 65.05 (+2).

Cattle Markets Extend Weakness as Live and Feeder Prices Decline

November 20, 2025, 8:36 PM EST. Live cattle futures are lower midweek, down about $1.85-$2.10, with feeder cattle slipping $4.50-$5.50 as pressure persists. Cash sales in the North were reported around $215-220, with some bids near $224 in the South. The Fed Cattle Exchange showed $340 dressed sales on 40 head and live bids of $220-223.50. The CME Feeder Cattle Index rose 56 cents to $340.02 (Nov 18). Beef export sales for the week ended 10-2 totaled 18,846 MT, with shipments of 12,995 MT. Wholesale boxed beef was mixed: Choice at $370.94 and Select at $353.84, narrowing the Chc/Sel spread to $17.10. Slaughter totals near 120k for Wednesday, with a weekly total of 357k.

Soybeans Fade Lower at Midday as Export Bookings Mixed and Cash Prices Slip

November 20, 2025, 8:34 PM EST. Soybeans are trading lower at midday, with most contracts down 6 to 9.5 cents. The cmdtyView national cash bean price sits at $10.53 1/4, down 9.5 cents. Soymeal futures fell about $5.40 and soybean oil slid 32 points. Weekly export bookings were 919,447 MT for the week of 10/2, near the middle of estimates and a three-week high, though still down 8.6% from a year ago. Soy meal sales totaled 328,300 MT, near the high end of expectations, while bean oil sales were a net reduction of 11,800 MT. USDA daily announcements flagged another 462,000 MT of soybeans sold to China for the week, lifting total known sales to 1.812 MMT. Traders watched Commitment of Traders data showing funds net short in soybeans at the end of September.

Lean Hog Futures Rally Midday as USDA Data and Export Demand Support Prices

November 20, 2025, 8:32 PM EST. Lean hog futures are higher by around 60-70 cents across most contracts at midday. The USDA's national base hog price on Thursday morning was $72.24, while the CME Lean Hog Index slipped 40 cents to $86.27 on Nov. 18. Weekly export sales totaled 32,705 MT for the week of Oct. 2, with shipments of 29,209 MT. The pork carcass cutout value rose 34 cents to $93.48 per cwt, led by gains in the loin types; the picnic and rib primals were lower. Slaughter data: federally inspected hogs 494,000 head on Wednesday, week-to-date 1.482 million, up from last week and last year. Large money managers still held a record net long position as of Sept. 30, per CFTC.

Jobs data cloud December rate-cut odds as Nvidia rally fades

November 20, 2025, 8:28 PM EST. Markets faced a mixed backdrop as jobs data reshaped expectations for a December rate cut. Nvidia's rally faded after a strong quarter, dimming the AI-led buoyancy in tech stocks. The S&P 500 retraced off morning gains and hovered near flat, while defensive names like Procter & Gamble helped steady risk. Investors weighed the October payrolls report showing 119,000 new hires against a still-elevated unemployment rate, underscoring the Fed's challenge to cool inflation without stalling growth. Fed funds futures swung between a 25-basis-point cut and a cautious pause. Next up: more quarterly results and the latest PMI and consumer data to guide positioning into year-end.

Wheat weakness resumes on Thursday as export sales and rains loom

November 20, 2025, 8:26 PM EST. Wheat is extending weakness on Thursday as CBOT SRW and KC HRW futures slide about 5-7 cents, with MPLS spring wheat off around 5-8 cents. Dec and Mar quotes for CBOT and KCBT futures are a touch lower. The USDA reported a private export sale of 132,000 MT of white wheat to China. Weekly export sales for the week ended 10/2 totaled 887,864 MT, topping estimates and marking a marketing-year high. Rain is expected across much of the Southern Plains next week, with 4-6 inches projected in TX, OK and AR. Traders saw Speculators add to net shorts in CBT and KC wheat. Saudi Arabia issued a 300,000 MT wheat tender with offers due Friday. SovEcon pegs the 2026 Russian wheat crop at 83.8 MMT, down from 88.6 MMT in 2025.

B Riley Financial Wins Nasdaq Listing Extension, Faces Filing Deadlines

November 20, 2025, 8:24 PM EST. B. Riley Financial (RILY) won a conditional Nasdaq extension, allowing continued listing as it cures past filing delinquencies. The Nasdaq Hearings Panel requires overdue quarterly reports to be filed by set deadlines or face delisting. The company has already filed one report and hired a new CFO plus external consultants to address reporting gaps. An analyst consensus currently tags the stock as Hold with a $5.00 target, and Spark AI also rates it Neutral. The firm's overall picture remains hampered by weak financials-sliding revenue, losses, and high leverage-despite a mixed technical setup. Valuation is described as unattractive due to a negative P/E, even with a high dividend yield. Liquidity involves ~738k average daily volume and a near $153.6M market cap, per the report.

Hayward Holdings (HAYW): Are Fundamentals Good Enough to Warrant Buying Amid Recent Weakness?

November 20, 2025, 8:22 PM EST. Hayward Holdings (NYSE:HAYW) slid about 5.8% last week, but its core numbers tell a more nuanced story. The trailing ROE is 9.1% (Net Profit US$138m ÷ Shareholders' Equity US$1.5b), indicating efficient use of capital but below peers. The industry average ROE sits around 13%, highlighting a growth gap relative to competitors. Over the last five years, net income rose about 14%, supported by a relatively modest payout ratio that can free up capital for reinvestment. On the valuation side, the P/E angle matters for future multiples, though market expectations may already reflect some of that. Overall, while ROE remains reasonable, the combination of a below-average return and mixed growth signals means investors should weigh whether the stock's long-term fundamentals justify a move given the recent weakness.

Bath & Body Works Declares $0.20 Dividend (BBWI) with 3.8% Yield

November 20, 2025, 8:20 PM EST. Bath & Body Works, Inc. (NYSE: BBWI) is due to pay a $0.20 per share dividend on December 5. The dividend yield stands about 3.8%, above the industry average, and the distribution appears sustainably covered by earnings, with expectations of roughly 25% EPS growth next year. The dividend history shows declines (annual payments fell from $4.00 in 2015 to $0.80 most recently), a reminder of dividend volatility. Yet a low payout ratio, strong cash flow, and about 11% five-year EPS growth suggest potential for future increases. Overall, the stock is framed as a promising dividend idea, while the analysis flags three warning signs investors should know before committing.

D-Wave Quantum Stock Quote, Price, and Forecast

November 20, 2025, 8:18 PM EST. Overview of D-Wave Quantum, Inc., a developer of quantum computing systems and QCaaS delivered via the cloud. The company provides quantum computing as a service and professional services to help clients identify and deploy quantum applications. Founded in 2022 and headquartered in Palo Alto, CA, D-Wave's stock quote, price, and forecast depend on demand for enterprise quantum solutions, partnerships, and execution of growth strategy. Investors will monitor customer adoption of cloud access, software and services revenue, and competitive dynamics in a developing market for quantum computing. The trajectory may reflect broader tech cycles and capital considerations, with upside tied to expanding applications and ecosystem, and downside tied to competition and deployment risks.

Stocks Fall as Nvidia Rally Fades; Walmart Advances and Exact Sciences Soars on Abbott Deal

November 20, 2025, 8:11 PM EST. Major U.S. equity indexes turned lower Thursday after Nvidia's blockbuster rally faded, with the Dow down 0.7%, S&P 500 -0.9%, and Nasdaq -1.1%. Nvidia (NVDA) briefly rallied as much as 5% on strong results but ended lower. Jacobs Solutions (J) fell nearly 10% on weak results and higher tax rate. Bath & Body Works (BBWI) plunged 25% after softer earnings and a cut to full-year guidance amid weaker demand in core lines. Palo Alto Networks (PANW) slid ~7% after results were in line; it agreed to acquire Chronosphere for $3.35B. Walmart (WMT) rose 5% after solid Q3 results and a higher outlook, plus a move to Nasdaq and a CEO transition. Exact Sciences (EXAS) jumped 17% on a $21B buyout by Abbott Laboratories (ABT), while Regeneron (REGN) gained over 4% on FDA approvals. Oil and gold futures declined; the 10-year yield edged lower as the USD held steady and crypto eased, with Bitcoin under $87k.

Notable Thursday Options Activity: GEV, DDOG, ROST Highlight Heavy Volume

November 20, 2025, 8:04 PM EST. Today's notable options action on select S&P 500 names included GEV, DDOG, and ROST. GEV saw 23,731 contracts traded, about 2.4 million underlying shares and roughly 77.3% of its average daily volume, with the $550 put expiring 11/21/2025 drawing 1,324 contracts (~132,400 shares). DDOG posted 37,192 contracts (≈ 3.7 million shares; ~74.5% of ADV), led by the $140 put expiring 1/16/2026 with 6,189 contracts (~618,900 shares). ROST showed 15,731 contracts (~1.6 million shares; ~71.8% of ADV), anchored by the $165 call expiring 11/21/2025 with 3,605 contracts (~360,500 shares).

Noteworthy Thursday Options Activity: JNJ, MRNA, ALB

November 20, 2025, 8:03 PM EST. Today's options activity across major S&P 500 components shows elevated volume in JNJ, MRNA, and ALB. JNJ traded about 39,084 contracts (~3.9M shares), roughly 45.8% of its 1-month ADV, with the standout $207.50 call expiring Nov 21, 2025 and 11,319 contracts (~1.1M). MRNA posted 55,785 contracts (~5.6M shares), about 45.5% of its ADV, led by the $25 call expiring Nov 28, 2025 with 6,094 contracts (~609k). ALB showed 18,359 contracts (~1.8M shares), ~45.1% of its ADV, featuring the $60 put expiring Dec 19, 2025 (10,000 contracts, ~1.0M). For expirations and charts, see StockOptionsChannel.

First Horizon Series F Preferred Stock Pushes Yield Past 6.5% Amid Discount to Liquidation Preference

November 20, 2025, 8:00 PM EST. First Horizon Corp's 4.70% Dep Shares Non-Cumulative Preferred Stock, Series F (FHN.PRF) traded with a yield above 6.5% on Friday, based on a $1.175 annual dividend and a day-low price near $18.07. The stock still trades at about a 27% discount to its liquidation preference, versus roughly a 9% average discount in the Financial category, per Preferred Stock Channel. Investors should note the series is non-cumulative, meaning missed payments do not accrue a balance that must be paid before resuming common dividends. The move comes as investors weigh the relative appeal of income from non-cumulative preferreds against the broader market in a 6-7% yield context.

Sunstone Hotel Investors' SHO.PRI Yield Clears 7.5% Threshold as Price Dips; Discount to Liquidation Preference Widens

November 20, 2025, 7:58 PM EST. Sunstone Hotel Investors' 5.70% Series I Cumulative Preferred Stock (SHO.PRI) yielded above 7.5% after today's trading, based on a quarterly dividend of $1.425 annualized. Shares fell to about $18.97, with the Real Estate sector average yield near 7.96%. SHO.PRI traded at a 21.80% discount to its liquidation preference, wider than the sector average of 13.58%. The day's action shows SHO.PRI down roughly 3%, while the common stock (SHO) is down about 0.6%. Investors are watching dividend history and price-to-discount dynamics as a barometer for the preferred's appeal in a higher-rate environment.

Ellington Financial's Series B Preferred Yield Surpasses 7.5% as Price Falls to $23.01

November 20, 2025, 7:56 PM EST. Ellington Financial's 7.00% Series B Cumulative Perpetual Redeemable Preferred Stock (EFC.PRD) yielded above 7.5% on Thursday based on a quarterly dividend of $1.75 annualized. The shares traded as low as $23.01. The issue's yield sits below the Real Estate category average of 7.96% per Preferred Stock Channel, while it trades at a 3.72% discount to its liquidation preference, versus a category average discount of 13.58%. A chart shows one-year performance of EFC.PRD relative to EFC. The dividend history confirms regular payments on Ellington Financial's Series B. In Thursday trading, EFC.PRD was down about 1.3%, with the common EFC up about 0.7%.

Thursday 11/20 Insider Buying Report: OBDC and GOGO

November 20, 2025, 7:54 PM EST. Two notable insider buys highlight confidence in ODBC and GOGO. At Blue Owl Capital, CEO Craig Packer bought 83,200 shares of OBDC at $11.75 each, totaling about $977,924, with the stock reaching $12.20 intraday. Blue Owl is roughly -0.2% on the session. On the other hand, Gogo director Charles C. Townsend purchased 110,009 shares at $7.08 for $778,672; Townsend's prior buy this year totaled about $1.33M at $6.66. Gogo trades about -0.5% on the day. The report is archived in a video recap titled 'Thursday 11/20 Insider Buying Report: OBDC, GOGO'.

Morgan Stanley's Series L Preferred Stock Yields Above 6%

November 20, 2025, 7:52 PM EST. On Monday, Morgan Stanley's 4.875% NON-CUMULATIVE PREFERRED STOCK, SERIES L (MS.PRL) yielded above 6% based on its quarterly dividend, annualized at $1.2188. Shares traded as low as $20.13. The sector's average yield is 6.41% in the Financial category, per Preferred Stock Channel. As of the last close, MS.PRL traded at a 15.92% discount to its liquidation preference, versus the 9.94% sector average. Note the issue is non-cumulative, so missed payments aren't carried forward before resuming a common dividend. The day's move also left the common MS down about 1.7%, with the preferred off roughly 1.8%.

Thursday Sector Laggards: Technology & Communications, Industrial

November 20, 2025, 7:50 PM EST. Markets showed broad weakness at midday Thursday, with the Technology & Communications sector leading losses at about -0.8%, dragging the broader market. Within tech, Microchip Technology (MCHP) and Epam Systems (EPAM) fell -5.2% and -4.6%, while the Technology Select Sector SPDR ETF (XLK) slipped -0.9% on the day and is -8.38% YTD. MCHP is -8.95% YTD and EPAM -26.23% YTD, collectively about 0.4% of XLK's holdings. The next laggard group is Industrial, down -0.7%, with giants Gartner (IT) and Huntington Ingalls Industries (HII) at -5.8% and -3.2%. The corresponding ETF XLI is -0.5% intraday, +0.87% YTD. YTD performance remains mixed across the S&P 500 components, with most sectors in the red today and six showing declines by midday.

Thursday Sector Leaders: Consumer Products Edges Utilities in Afternoon Trading

November 20, 2025, 7:48 PM EST. In afternoon trading, Consumer Products is the day's best-performing sector, yet down 0.2%. Leading names include Brown-Forman Corp (BF.B) (+2.0%) and Clorox Co (CLX) (+1.8%). The iShares U.S. Consumer Goods ETF (IYK) is -0.1% on the day, but +5.01% YTD; BF.B is -24.93% YTD and CLX -35.23% YTD, with CLX ~0.6% of IYK's holdings. The next-best sector is Utilities, down 0.3%, led by Edison International (EIX) (+1.4%) and PG&E Corp (PCG) (+0.7%). The XLU ETF is -0.3% and +18.79% YTD; EIX is -22.84% YTD and PCG -21.23% YTD, together about 4.2% of XLU. A trailing-twelve-month view shows mixed performance; none of the S&P 500 sectors are up, nine are down.

Nvidia slips as Ray Dalio warns of a big bubble amid AI rally

November 20, 2025, 7:46 PM EST. Stock-market gains faded as the S&P 500 swung from an early rally to a modest loss, with Nvidia turning from a strong earnings moment to a negative in afternoon trading. Nvidia posted a blockbuster quarter, reporting about $57 billion in revenue and $51.2 billion in data-center sales, with a forward guide near $65 billion. The results reinforce ongoing AI demand and the sector's megacap leadership. Yet Ray Dalio warned of a bubble in markets, arguing liquidity and the need to sell could trigger a sell-off even without deteriorating fundamentals. He pointed to wealth concentration (top 10% owning ~90% of equities) as a risk driver. Nvidia CEO Jensen Huang argues the rally rests on three revolutions: accelerated computing, generative AI apps, and agentic AI that acts without prompts.

Stocks Whipsaw as Dow Erases 700-Point Gain; Fed Rate Cut Odds Drop

November 20, 2025, 7:40 PM EST. Stocks whipsawed Thursday as the Dow erased a roughly 700-point intraday rally and finished down about 320, with the S&P 500 and Nasdaq down 1.1% and 1.5%. The move followed a reversal in Nvidia after an earnings beat, helping drag tech with declines in Intel, AMD, Palantir, Qualcomm, Amazon, Microsoft, Meta and Tesla. Losses broadened to Boeing, Walt Disney, Goldman Sachs and Cisco. Traders priced in Fed rate cut odds of under 40% for December, down from peaks near 90%, as the labor market data showed 119,000 jobs added in September despite the unemployment rate rising to 4.4%. The report tempered near-term easing hopes while underscoring the economy's resilience.

Citigroup Card Metrics Mixed: Delinquency Up YoY, NCL Pressures Asset Quality

November 20, 2025, 7:38 PM EST. Citigroup's Citibank N.A. reported mixed October 2025 card metrics. Delinquency on the Citibank Credit Card Master Trust rose to 1.42% from 1.38% in September but remains below October 2024. The Credit Card Issuance Trustnet charge-off rate fell to 1.95% in October 2025 from 2.50% in September, and down from year-ago levels. Principal receivables were $20.2B, down 6.9% y/y, signaling weaker origination amid high borrowing costs. Net credit losses (NCL) grew 2.2% y/y in the first nine months of 2025, with provisions for credit losses rising 38.9% since 2022-2024, a trend that continued in 2025. Management guides higher NCL in Branded Cards (3.5-4.0%) and Retail Services (5.75-6.25%), suggesting asset quality remains under pressure even as near-term delinquencies improve. Peers show mixed results.

Palantir Stock Price Forecast: PLTR Surges on 63% Revenue Growth and $10B Army Deal

November 20, 2025, 7:36 PM EST. Palantir (PLTR) defies AI volatility with record growth as U.S. defense and commercial demand fuel bookings. In Q3 2025, Palantir posted about $1.18B revenue and a 62.8% YoY lift, with net income up 231% to $475.6M and a Rule of 40 score of 114. The AI Platform (AIP) remains central, driving revenue gains in the U.S. commercial channel (+121% YoY to $397M) and government (+52% to $486M), with total U.S. contract value at $1.31B and 212% YoY growth. Large-scale government deals-$10B Army contract and an $800M Air Force extension-solidify Palantir as a national-security data backbone. Strategic partnerships, including with NVIDIA, accelerate deployment of end-to-end AI and position Palantir as a key competitor in enterprise AI infrastructure.

Stocks reverse gains as Nvidia slides; jobs data and Fed odds shape risk sentiment

November 20, 2025, 7:34 PM EST. U.S. stocks reversed early strength as the Nasdaq slid about 0.9% and the S&P 500 eased ~0.7%, with the Dow down ~0.5%. Nvidia surged on earnings but finished lower after signaling stronger AI demand, and traders weighed the AI cycle against a cooling labor market. The September jobs report showed 119,000 new payrolls, above expectations, while the unemployment rate rose to 4.4%. Fed rate-cut odds for December sat near 38%, underscoring a divided policy outlook. Walmart rose on a stronger forecast, underscoring resilient consumer demand into the holidays. The session highlighted a tug-of-war between AI excitement, solid data, and policy risk as investors parse earnings and central-bank signals for the next move.

Bitcoin bears deepen as odds of year-end below $90K rise; options show hedging

November 20, 2025, 7:32 PM EST. Bitcoin is facing renewed downside pressure, with Derive.xyz putting a 50% chance of ending the year below $90,000 and only a 30% shot of finishing 2025 above $100,000. The token was down about 4.2% near $86,681 and sits near a seven-month trough after a peak of $126,223 in early October. Year to date losses exceed 7%, and price has slipped below the 50- and 200-day moving averages, dampening trend-following demand. Derive.xyz's Sean Dawson says the BTC price is tenuous and skewed to the downside, with a potential fall to $75,000 before year-end cited as a risk, though a rebound is possible. Traders are protecting against further drops with a cluster of $85,000 puts expiring Dec 26, feeding a bearish skew. Some bulls point to an oversold value zone and possible near-term rebound.

Morning News Wrap-Up: Thursday's Biggest Stock Market Stories

November 20, 2025, 7:30 PM EST. Today's morning wrap highlights the biggest stock market stories, but the material provided is a detailed disclaimer about backtests. It emphasizes that backtests are retrospective, not indicative of future results, and rely on model assumptions that may not hold in real markets. The text notes that trades were not actually executed, and that liquidity, fees, and other market factors can skew outcomes. It warns that backtesting can be adjusted to maximize past returns and that actual performance may diverge significantly. Investors should separate illustrative modeling from real trading and consider regulatory considerations, liquidity, and the potential impact of costs when evaluating strategies tied to market news.

Sugar Prices Consolidate Gains on India Ethanol, ISO Surplus Outlook

November 20, 2025, 7:28 PM EST. Sugar prices were little changed this week as markets consolidate gains after a rally to 3.5-week highs on India's policy signals for ethanol blending and export quotas. March NY #11 SBH26 fell 0.07% while March London white sugar SWH26 held steady. Support came from India's plan to export up to 1.5 MMT in 2025/26 and expectations of higher global production. ISO forecast a 1.625 MT 2025-26 surplus, driven by output gains in India, Thailand, and Pakistan, with a +3.2% y/y rise to 181.8 MT. A larger crop from Brazil weighs on prices as Conab lifts Center-South 2025/26 output to 45 MMT and Unica notes Oct Center-South output up 16.4% y/y. ISMA lifted India's 2025/26 production to 31 MMT (up 18.8%), though ethanol usage was trimmed to 3.4 MMT.

Microsoft Stock (MSFT) Slides as Steam Machine Concerns Mount; Analysts Eye AI Pivot and 31% Upside

November 20, 2025, 7:25 PM EST. Microsoft stock (MSFT) eased after traders digested mounting concerns over the Steam Machine and whether Valve's hybrid could redefine the market. Analysts remain wary of the threat even as MSFT garners a Strong Buy consensus based on 33 Buys and 2 Holds. The average price target sits near $631.98, implying about 31.16% upside after a 17.76% rally over the past year. Separately, Microsoft's AI chief Mustafa Suleyman says it's mindblowing that some aren't impressed by AI capabilities. Critics argue the push should focus on fundamentals-Windows usability and security-rather than forced AI integration. In sum, the stock's move reflects evolving risk/reward as the market weighs product strategy against AI zeal.

4 Market Takeaways From the Blowout September Jobs Report

November 20, 2025, 7:22 PM EST. September's blowout jobs report underscored a resilient economy and moved markets. Takeaways: 1) Payrolls beat expectations and wage growth remains sticky, reinforcing the case for higher for longer policy by the Fed; 2) Treasury yields rose, lifting interest-rate-sensitive sectors and pressuring growth stocks; 3) Consumer demand signals remained robust, keeping cyclicals in favor and supporting risk assets; 4) Dollar strength and shifting inflation expectations shaped near-term rates expectations and portfolio positioning.

Cocoa Prices Rebound on Technical Short Covering; Supply Signals Support Rally

November 20, 2025, 7:20 PM EST. December ICE NY cocoa (CCZ25) and December ICE London cocoa #7 (CAZ25) rose as dollar weakness triggered technical short covering after two weeks of heavy selling. The move comes as ICE cocoa inventories in US ports fell to an 8-month low of 1,740,127 bags, underscoring tightness. Traders weigh a delay to the EU's Deforestation Regulation (EUDR) and a potential bumper West Africa crop, with Ivory Coast and Ghana reports showing favorable conditions. Demand remains a headwind, with Hershey and regional grindings easing in Q3. Tariff news and mixed global demand add to the backdrop while weather in West Africa supports bean development.

Robusta Coffee Rises on Vietnam Flooding; RMF26 Hits 2-Week High as Dak Lak Harvest Delayed

November 20, 2025, 7:18 PM EST. March arabica (KCH26) rose 0.57% and January ICE robusta (RMF26) climbed 2.37% as the market buys on dollar weakness and short covering in arabica. Robusta remains supported by Vietnam weather risks, with heavy rains delaying harvest in Dak Lak and forecasts of further showers that could damage crops. The result is a 2-week high for RMF26, underscoring the divergence between arabica and robusta as supply concerns persist in Vietnam. Traders are weighing Brazil's rainfall patterns and tariff dynamics, but Vietnam's crop exposure keeps robusta supplies tight. If showers persist, the momentum in RMF26 could extend.

AGIO Stock Tumbles to 52-Week Low on Mixed RISE UP Phase III Sickle Cell Results for Pyrukynd

November 20, 2025, 7:13 PM EST. Agios Pharmaceuticals AGIO tumbled after mixed Phase III RISE UP results for Pyrukynd (mitapivat) in sickle cell disease. While the study met its primary endpoint by improving hemoglobin, it missed the co-primary endpoint of reducing annualized SCPCs. On efficacy signals, about 41% of Pyrukynd-treated patients achieved a hemoglobin response versus ~3% on placebo, but SCPC reductions failed to reach statistical significance. Secondary endpoints were mixed; fatigue improvement lagged. Still, Agios plans a regulatory filing after a FDA meeting in Q1 2026, citing a post hoc analysis of hemoglobin responders who showed clearer benefits, including fewer SCPCs. The stock slid to a 52-week low near $22.24; YTD is down ~32%, versus the industry up ~17%. Rival Fulcrum rose on SCD ambitions, highlighting ongoing appetite for PK activators in this space.

Why Investors Should Hold Ovintiv Stock (OVV) as It Rebalances to Oil

November 20, 2025, 7:10 PM EST. Ovintiv Inc. (OVV) is shifting toward high-margin crude oil with a multi-basin footprint that spans the Permian and Montney after its 2019 acquisition of Newfield Exploration and relocation to Denver. The company emphasizes delivering quality returns on capital across its expanded asset base. Recent results show operational strength, with 3Q2025 production at about 630,400 BOE/d and oil and condensate volumes of 211.8 Mbbls/d, topping guidance and signaling discipline in capital deployment. Equity investors are weighing growth through acquisitions against a softer outlook: Zacks pegs 2025 earnings at $4.49 per share and revenues at $8.7 billion, both down year over year. Ovintiv has outperformed the market recently, up 7.9% over the past month as the sector rose around 3.9%. The stock's risk-reward profile remains nuanced as it rebalances commodity exposure amid evolving industry trends.

Rocket Lab Expands Lead in Advanced Spacecraft Missions Through In-House Capabilities and NASA Partnerships

November 20, 2025, 7:08 PM EST. Rocket Lab USA (RKLB) is expanding its spacecraft capabilities to meet rising demand for reliable, fast, and cost-efficient space systems. By in-house producing propulsion, reaction wheels, solar arrays, radios, avionics and software, the company strengthens quality control and timeline certainty across commercial, civil, defense and scientific missions. Recent milestones include NASA's ESCAPADE Mars mission with two Explorer-class spacecraft and the LOXSAT cryogenic-fluid-management demonstrator, underscoring Rocket Lab's ability to execute complex programs on accelerated timelines. The firm's growth strategy centers on vertical integration and scalable platforms, positioning it for future space infrastructure. RKLB has surged about 94% over the past year, trading at a premium with a forward P/S around 25x, while peers average lower valuations. With improving estimates and NASA/DOD activity, RKLB could sustain momentum.

Ethereum falls below a critical level as ETF outflows and treasury sales pressure price

November 20, 2025, 7:06 PM EST. Ethereum is trading around $2,800, down about 3.6% in 24 hours and 15.3% over a week. The last dip below the $3,000 level was in July 2025, as corporate treasury strategies ramped up. Spot ETFs have continued to weigh on price, with $37.6 million leaving funds on Thursday and November outflows topping $1.5 billion – the most since launch, per SoSoValue. The $3,000 round number is a psychological hurdle, says Jim Hwang of Firinne Capital. The market also bears the overhang from the October 10 liquidation, with institutions tightening risk, unwinding leverage, and DATs selling to narrow NAV gaps. Notable treasury moves include FG Nexus borrowing $10 million to repurchase shares, and ETHZilla planning similar use of proceeds; GameSquare highlights ongoing usefulness of the network.

AngloGold Ashanti's Geita Investment Aims to Extend Mine Life and Boost Production

November 20, 2025, 7:04 PM EST. AngloGold Ashanti plans capex at its Geita Gold Mine in Tanzania, including $100 million over three years and higher annual exploration to $50 million. Geita has produced 4.3 million ounces since 2017 and held about 2 million ounces of reserves through 2024. Management aims to boost mineral reserves by roughly 60%, extending mine life to at least a decade by 2028. A conceptual study is evaluating a 1 million tonnes per year processing-capacity upgrade to lift annual production to 600,000 ounces from about 500,000 today; a feasibility study is due in 2027. Geita will pursue a flexible ore-source strategy (one open pit, three underground fronts) with tailings facility extensions planned into the mid-2030s. Peer activity includes Kinross and Newmont projects.

Bath & Body Works sinks on forecast cut as new CEO outlines strategic reset

November 20, 2025, 7:00 PM EST. Bath & Body Works (BBWI) shares slumped more than 23% in late morning trading after the retailer cut its full-year forecast and its new CEO, Daniel Heaf, said the company must reset strategy. In the third quarter, net sales slipped 1% year over year to $1.59 billion (vs $1.63 billion expected), and EPS came in at $0.37 vs $0.39 anticipated. The company now sees Q4 sales down in the high single digits and has lowered its full-year net sales growth to a decline of low single digits; full-year EPS is guided to at least $2.83 versus consensus around $3.33. Heaf warned that the strategic reset will take time and focus, noting consumer shifts toward efficacy, ingredient-led products, and elevated multichannel experiences.

Danaos (NYSE:DAC) Valuation Signals Upside After 10% Run

November 20, 2025, 6:58 PM EST. Danaos (NYSE:DAC) has risen ~10% in the past month as investors weigh long-term returns against softer revenue and net income. At around $94.50, the stock trades near a fair value of $101.50, suggesting upside potential if growth materializes. The lack of leverage and a sizable contract backlog could cushion earnings amid weaker markets, even as capital expenditure and fleet upgrades pose margin risks. With a 3.7x P/E-well below the industry average of about 7.5x and peers-DAC looks undervalued versus its group. The narrative hinges on profit margins that could surprise and a future that may deviate from sector norms. Read the full analysis to understand the valuation assumptions and the key risks shaping this call.

Frontline (NYSE:FRO) Valuation After Rally: Is the Stock Undervalued or Fully Priced?

November 20, 2025, 6:56 PM EST. Frontline's stock has surged, up about 71% year-to-date (YTD), with a five-year TSR over 410%. The analysis notes a narrative fair value well above the last traded price, suggesting upside not fully captured by the market. Frontline's eco-friendly fleet-average age ~7 years, 100% ECO vessels, with over 50% scrubber-fitted-could boost efficiency and margins as environmental rules tighten. The bull case centers on margin improvements and ambitious earnings targets, with a key forward profitability metric driving the valuation. Yet risks include volatility in global crude demand and tighter regulations that could pressure margins. On a relative basis, the stock trades at a premium P/E versus the Oil & Gas group, implying higher growth is needed to justify valuations. Investors should weigh earnings acceleration against broader demand and regulatory headwinds.

Stock Market Reacts to September Jobs Data and Nvidia Earnings Spark Rally

November 20, 2025, 6:54 PM EST. Stocks swung after fresh September jobs data and Nvidia's latest earnings, with tech momentum helping lift indices while concerns linger over inflation and the Fed's path. The report suggested wage growth cooled and nonfarm payrolls rose, supporting bets that the central bank may ease its tightening pace. Nvidia's results underscored the ongoing AI rally, lifting semiconductor shares and helping the Nasdaq outperform. Traders weighed gains against mixed guidance and the potential for volatility as earnings season continues. Across major indices, investors rotated into tech and cyclicals, balancing optimism about demand with fears of a slowdown. The coming weeks hinge on inflation readings, guidance from big tech, and policy signals.

NVIDIA Beats Q3, Sends Chip Stocks Rallying on AI Demand

November 20, 2025, 6:50 PM EST. NVIDIA stunned investors with a blockbuster Q3 that topped estimates and issued upbeat guidance, fueling a rally in the AI-driven data-center cycle. The stock's strength helped lift the broader chip stocks complex, with TSMC, AMD, Marvell Technology, and Broadcom up roughly 3-4%. Other names such as Palantir, First Solar, Intel, Microchip Technology, and Monolithic Power Systems also joined the gains. Management signaled a robust data-center footprint and traction for new architectures, easing near-term fears about AI spending. Still, analysts caution that while NVIDIA's results soothe volatility, valuation and ongoing AI execution and supply risks remain for the sector.

FG Nexus Q3 2025 Highlights: $200M Buyback, Securitize Tokenization Tie-In, NAV-Driven Reset

November 20, 2025, 6:46 PM EST. FG Nexus reported key operational highlights for Q3 2025, signaling a pivot to a digital asset treasury and real-world asset (RWA) tokenization. The company completed a $200 million capital raise, signed a partnership with Securitize to natively tokenize FGNX and FGNXP, and streamlined operations to support the strategy, including divesting legacy assets to the CVR Trust and plans to sell remaining reinsurance business and Quebec real estate. The update also notes actions to lift NAV and shareholder value, including a $200 million common share buyback program. Balance sheet shows 50,778 ETH, $7.5M cash, $1.9M debt, $231.0M equity, and a $5.80 BVPS. By Nov 19, 2025, NAVPS about $3.94, with ongoing buybacks and a loan-backed repurchase program; Kyle Cerminara emphasized creating value as the stock trades below NAV.

Crypto's Q4 wipeout roils markets; analysts see rosier times ahead

November 20, 2025, 6:44 PM EST. Crypto's Q4 selloff slammed Bitcoin below $87,000, with Ethereum around $3,000 and Solana near $139 as altcoins slide and crypto-focused stocks like Strategy and Circle lag. Since Oct. 6, Bitcoin is roughly 31% off its record high of about $126,000 while the S&P 500 is up ~3%. Analysts attribute the rout to the October flash crash, Fed caution, and a crowd wary of risk assets. James Butterfill of CoinShares says markets are flying blind as traders price in fewer macro catalysts, while Vetle Lunde of K33 remains cautiously optimistic, noting broader institutional adoption and a friendly monetary backdrop. He argues Bitcoin could form a base around $84,000-$86,000 before a rebound, with past drawdowns exceeding 50 days, while the current drop is about 43 days old.

Shareholder Fraud Lawsuit Advances as Starbucks Stock (SBUX) Ticks Up

November 20, 2025, 6:42 PM EST. Starbucks (SBUX) faces a shareholder-fraud lawsuit that a U.S. judge has allowed to proceed, potentially alleging misstatements about US and China sales and a 2024 filing that claimed no material risks. United States District Judge John Chun in Seattle opened the door for shareholders to prove fraud, while dismissing some claims. The development sent SBUX shares higher in Thursday trading after a recent decline (about 16% from a year earlier). Separately, a TikTok-sourced report suggests cup size and syrup levels can alter taste, a narrative that could influence brand perception. On Wall Street, analysts show a Moderate Buy consensus for SBUX based on recent Buys/Holds/Sells.

US Stocks Erase Gains as Fed Outlook Hovers; AI Valuations Under Scrutiny

November 20, 2025, 6:40 PM EST. U.S. equities pulled back from intraday highs to one-month lows as traders priced in a higher-for-longer Fed stance ahead of the December FOMC meeting. The Nasdaq 100 slid about 1.2%, the S&P 500 fell ~0.8%, and the Dow gave up around 200 points. A stronger-than-expected BLS employment report reinforces expectations that the Fed will hold rates steady next month, while markets reassess AI valuations. Nvidia traded down 1% after briefly climbing as much as 5% on AI demand signals, though executives flagged uncertainty around a potential OpenAI pact. Semi names like AMD, Micron, and Oracle declined 4%-9%. In contrast, Walmart jumped ~6% after better results and raised guidance.

Midday stock movers: Nvidia, Walmart, Regeneron, Oddity lead the session

November 20, 2025, 6:36 PM EST. Midday movers included Nvidia, which fell nearly 2% after results and upbeat fourth-quarter guidance, while peers in AI like Palantir, AMD, and Super Micro slid. Exact Sciences jumped 17% on Abbott's $105-per-share buyout valued at about $21 billion. Crypto/linkage remained weak as Strategy tumbled ~7% and Robinhood and Coinbase dropped ~9% and ~7% respectively, with Circle off ~6%. Regeneron rose 4% after the FDA approved Eylea HD for macular edema. Walmart gained ~6% on solid Q3 results and raised its full-year outlook. Palo Alto Networks fell after signaling a major acquisition of Chronosphere, though results beat. Oddity jumped ~11% on strong Q3 and higher guidance. Jacobs Solutions slipped ~9% despite solid earnings; Solventum rose ~4% on an Acera Surgical deal. Bath & Body Works tumbled >25% on weaker Q3.

Bitcoin Falls to Six-Month Low as Jobs Data Boost Fed Cut Bets

November 20, 2025, 6:34 PM EST. Bitcoin fell to as low as $86,390, its lowest since April 21, and traded near $86,965. Softer market action came as stronger-than-expected U.S. jobs data renewed questions about the Fed path, with the odds of a December rate cut around 40% per CME FedWatch. The pullback in crypto helped drag stocks lower even after a Nvidia earnings beat, as traders tied AI stocks to Bitcoin exposure. The slide follows a stretch of weakness since cascading liquidations of leveraged crypto positions in early October.

Crude Rises as Dollar Weakness Supports Oil; Russian Exports Under Sanctions

November 20, 2025, 6:30 PM EST. Crude prices edged higher as WTI rose about 0.74% while RBOB fell about 0.62%, with support from a softer dollar and a rally in stocks. Markets also priced in looming sanctions on Russia's Rosneft and Lukoil that threaten further oil supply, and earlier data showing reduced Russian crude exports. Gasoline came under pressure from a weaker carryover after a larger-than-expected EIA gasoline build. The oil complex remains sensitive to geopolitics, including sanctions, refinery attacks, and Iran and Venezuela risk, while OPEC+ production tweaks and a rising U.S. crude output outlook keep a global surplus in view. Ongoing data from Vortexa suggesting ample oil in transit and refinery disruptions in Ukraine underline the supply-side narrative.

S&P 500 slides 2.5% after morning rally fades as Nvidia gains fade and Bitcoin crashes

November 20, 2025, 6:28 PM EST. Stocks reversed sharply Thursday as the S&P 500 sank about 2.5% in ~80 minutes after a morning rally faded. The Dow dropped 332 points and the Nasdaq fell 1.3%. Nvidia's early surge faded, pulling AI names lower even after a beat and strong forecast; Palantir slid 5.5% and Oracle nearly 5%. The rally's fade weighed on market breadth, with the Technology Select Sector SPDR easing and momentum cooling. Bitcoin slumped near $86,800, adding to risk-off sentiment after weeks of cascading liquidations. A stronger-than-expected jobs print and signals on the Fed policy path kept December rate-cut odds below 40%, sending investors into defensives like Walmart, which rose ~6%. Traders eyed volatility and the evolving narrative on inflation, growth, and policy.

September Jobs Data Shows Mixed Signals: Unemployment Rises to Four-Year High Despite 119,000 Jobs Added

November 20, 2025, 6:26 PM EST. September payrolls added 119,000 jobs, defying forecasts, while the unemployment rate rose to 4.4%, the highest in four years as more people entered the labor force. Revisions trimmed August and July, painting a softer picture than initially thought. Growth was led by hospitality and health care, with social assistance also rising; manufacturing, transportation and warehousing, and the federal government payrolls fell. Wages rose 0.2% month over month and 3.8% year over year, suggesting wage gains still outpaced inflation but with less cushion for households. The report was delayed by the government shutdown, complicating October data. Investors will watch for clues on the Fed and inflation trends as data like CPI and retail sales shape the next policy meeting. Corporate layoffs in recent months add to the mixed outlook.

Ethereum Cofounder Warns BlackRock Could Threaten Bitcoin as Quantum Risk Looms Amid Market Sell-Off

November 20, 2025, 6:24 PM EST. Bitcoin, Ethereum and smaller cryptos tumbled over the past month as fears of a wider crash return. Vitalik Buterin warned that quantum threats to elliptic curve cryptography could appear before the next U.S. election, underscoring security risks for the crypto rails. In a second shift, Buterin warned that BlackRock's expanding crypto footprint-now with a staked Ether ETF in Delaware and a $10 billion ETH holding-could squeeze decentralization and push networks to cater to institutions, potentially crowding out ordinary users from running nodes. The market has already seen a price plunge below $100,000 BTC and headlines about a possible $1 trillion sell-off. Analysts weigh whether liquidity 'floodgates' help or hinder, while developers stress the need for a permissionless, censorship-resistant protocol.

Stocks Recede as Nvidia Rally Fades; VIX Spikes

November 20, 2025, 6:22 PM EST. U.S. stocks traded mixed-to-lower after Nvidia's upbeat revenue forecast sparked an early rally, which faded as the AI leader gave back intraday gains. The S&P 500 fell 0.19%, the Dow slid 0.21%, and the Nasdaq 100 dropped 0.49%, with December E-mini futures lower as well (ESZ25 -0.43%, NQZ25 -0.69%). The VIX spiked about 19%, signaling rising near-term volatility. On the data front, weekly initial unemployment claims fell to 220,000 while the unemployment rate edged up to 4.4%, and wage growth held at +3.8% y/y. Nvidia's strength briefly eased valuation concerns but did not prevent selling pressure into the afternoon. Traders await a slate of delayed reports this week, including earnings, PMIs, consumer sentiment, and services data, as Fed expectations ebb and flow.

Is this the end of the market party or just a regular correction? Five signs to watch

November 20, 2025, 6:20 PM EST. Nasdaq has fallen about 6% from its October peak, while the S&P 500 is down around 4% in that span, even as year-to-date returns remain solid: S&P up ~13%, Nasdaq ~16%, and TSX up ~21%. The market has seen indiscriminate selling in November, raising questions whether this is a correction or the end of the rally. On the technical side, the S&P moved below its 50-day moving average after a long streak above it, with the 200-day average near 6,000 serving as a potential support target. Valuation signals remain stretched, with the index around 2.3 standard deviations above trend and roughly 82% above the modern-era average, hinting at mean-reversion risk. But buyers' behavior and fundamentals like earnings, rates, and inflation can override indicators, keeping volatility elevated.

What's Open and Closed on Thanksgiving Day 2025: Banks, Stock Market, and USPS

November 20, 2025, 6:18 PM EST. On Thanksgiving Day 2025, most essential services pause in observance of the federal holiday. The US Postal Service will suspend operations, with post offices closed and regular mail delivery paused. Banks are generally closed, though some branches may operate with reduced hours and will reopen the following day. The New York Stock Exchange and other markets will adhere to the federal holiday calendar and remain closed, resuming trading on the next business day. Government offices at the federal, state, and local levels are closed as well. Plan ahead for mail, banking, and trading, as operations resume on Friday, November 28, 2025.

BKH January 2026 Options Begin Trading: $70 Put YieldBoost Opportunity

November 20, 2025, 6:08 PM EST. Black Hills Corporation (BKH) launched its January 2026 options, highlighting a notable $70 put with a current bid of $0.40. Selling to open this put commits you to buy the stock at $70 while collecting the premium, yielding a cost basis of $69.60 before commissions. At about $70.99 today, the strike is roughly 1% out-of-the-money and carries ~55% odds of expiring worthless, per YieldBoost analytics. If it expires worthless, the return is about 0.57% on cash, or 3.66% annualized. The contract's implied volatility runs around 26%, versus a trailing 12-month realized volatility near 20%. StockOptionsChannel will continue to track these odds and publish updates on the contract detail page.

Dow slides nearly 500 points as AI bubble fears rattle markets

November 20, 2025, 6:06 PM EST. Stocks finished lower Tuesday as fears of an AI bubble hit sentiment for a fourth straight session. The Dow Jones Industrial Average fell 498 points (about 1%), the S&P 500 slipped 0.8%, and the Nasdaq dropped 1.2%. Investors worry that AI investments and the data-center costs of big tech may not translate into immediate profits. As Callie Cox of Ritholtz Wealth notes, investors are skeptical about the payoff, even as she concedes AI's longer-term benefits. Nvidia has fallen nearly 9% since late October, while Meta is down about 17% over the past month. Despite the pullback, the S&P 500 is up roughly 13% in 2025, with the Dow up about 8% and the Nasdaq up around 17% year to date.

MSTR, BMNR Face 'Hotel California' Trap as Unrealized Losses Hit Billions, Warns 10x Research

November 20, 2025, 6:05 PM EST. 10x Research warns that Strategy investors have absorbed roughly $20B in NAV losses since late 2024, with BitMine's ETH holdings down about $3.7B. The report argues that digital asset treasury (DAT) products carry opaque fees and NAV premium risks that may trap investors, likening exiting to a "Hotel California." With MSTR and BMNR down sharply-MSTR down over 37% YTD and BMNR down more than 75% since July 9 pivot to an ETH-backed DAT-the firms struggle to attract new retail buyers while existing holders remain underwater. 10x notes DATs lack ETFs' close NAV trading and incur hedge-fund-like costs that could erode returns, especially as BlackRock eyes ETH staking in ETFs. The risk profile highlights potential severe liquidity and redemption pressures.

FRT January 2026 Put at $95 Draws 60% Odds; YieldBoost Highlights

November 20, 2025, 6:02 PM EST. Federal Realty Investment Trust (FRT) options gained attention for the January 2026 expiration, with a $95 put showing a bid of $1.75. Selling-to-open this put commits you to buy the stock at $95 while pocketing the premium, setting a cost basis of $93.25 (pre-broker commissions). At roughly $97.45 current stock price, the strike is about a 3% out-of-the-money level. The YieldBoost odds imply about a 60% chance the contract expires worthless, yielding about 1.84% return on cash or 11.80% annualized if it does, per Stock Options Channel. Implied volatility for the contract is 27%, versus a trailing twelve-month volatility of 24%. The page notes such ideas as a potential way to gain exposure to FRT at a discount while collecting premium.

PNW July 2026 Options Begin Trading: $85 Put and $90 Covered Call Highlight

November 20, 2025, 6:00 PM EST. Investors in PNW saw new July 2026 options open for trading, expanding the timeframe to about 239 days. The standout put is the $85 strike with a current bid of $2.30; selling to open sets a cost basis of $82.70 if assigned, about 5% below the current price around $89.38. The odds of the put expiring worthless are about 64%, yielding about 2.71% on cash (4.13% annualized) via the YieldBoost metric. On the call side, the $90 strike bid is $4.40; a covered call using stock at $89.38 could return about 5.62% if called away at the July 2026 expiration. Stock-channel charts and fundamentals are highlighted as aids for tracking outcomes.

BEN July 2026 Options Begin Trading: YieldBoost Highlights for Franklin Resources

November 20, 2025, 5:59 PM EST. Franklin Resources Inc (BEN) sees new July 2026 options hitting the chain, offering fresh premiums nearly a year out. Stock Options Channel's YieldBoost flags a PUT at the $21.00 strike with a current bid of 15 cents. Selling to open this put locks in a $21.00 purchase price, with a $20.85 effective costbasis after the premium, about a 4% OTM discount to the current price and a roughly 59% chance the contract expires worthless. On the CALL side, the $22.00 strike shows a 10-cent bid; a covered call against BEN at $21.79 could yield about 1.42% if called away. Charts and fundamentals are tracked alongside historical context.

DTE Energy July 2026 Options Spotlight: $135 Put and $140 Call

November 20, 2025, 5:55 PM EST. New July 2026 DTE Energy (DTE) options began trading, offering longer-dated premium opportunities with 239 days to expiration. The standout is a $135 put, bid around $5.30. Selling to open would obligate purchase at $135, but would lock in a cash basis of about $129.70-roughly a 1% discount to the current price. The data imply about a 56% chance the put expires worthless, yielding 3.93% on cash, or 6.00% annualized (the YieldBoost). On the call side, the $140 call bid is near $4.30. A covered call-buying around $136.37 and selling the call-offers about 5.82% total return if called away, excluding dividends. Readers should also study DTE's history and fundamentals.

Thursday Sector Leaders: Paper & Forest Products and Hospital & Medical Practitioners Lead On the Day

November 20, 2025, 5:52 PM EST. Thursday saw gains-led action in the stock market as two cyclical groups outperformed. The paper & forest products sector rose about 4.6% on the day, led by Mativ (+33.1%) and Suzano (+4.9%). In another corner, the hospital & medical practitioners group advanced roughly 3%, led by Aveanna Healthcare Holdings (+51.7%) and U.S. Physical Therapy (+18.4%). The day's moves highlight breadth across materials and healthcare stocks, with earnings or company-specific catalysts driving upside in both groups. Traders should watch for continued momentum in materials names and any new catalysts from healthcare providers as risk sentiment evolves.

Thursday Sector Laggards: Precious Metals and Metals & Mining Stocks Slip

November 20, 2025, 5:50 PM EST. On Thursday, precious metals shares lagged the market, down about 2.4%. DRD Gold fell about 7.8% and Gold Fields declined roughly 5.4% as the group faced selling pressure. The metals & mining complex also slid about 2.1%, led lower by NioCorp Developments down about 7.6% and CONSOL Energy down about 5.9%. The move highlights ongoing sector rotation and divergent performance within commodity-linked names, with traders weighing macro data and supply-demand signals for metals.

Thursday ETF Movers: CATH Rises as SILJ Drops; Walmart and Hycroft, Avino in Focus

November 20, 2025, 5:48 PM EST. Thursday's session featured notable ETF moves: the Global X S&P 500 Catholic Values ETF (CATH) rose about 1.9%, led by Walmart (≈6.2%) and Solventum (≈4.3%). Meanwhile, the Amplify Junior Silver Miners ETF (SILJ) fell about 4.1% as several of its components slid. Hycroft Mining Holding dropped roughly 7.6%, and Avino Silver & Gold Mines fell about 6.7%. The day highlighted divergent themes within themed and mining ETFs, with consumer-staples exposure supporting CATH while precious-metals names weighed on SILJ. Video: Thursday's ETF Movers: CATH, SILJ. The views expressed are those of the author.

IAK Sees Unusual Afternoon Volume as Insurance Names Drive Activity

November 20, 2025, 5:46 PM EST. In afternoon trading, the iShares U.S. Insurance ETF (IAK) shows unusually high volume, with over 454,000 shares traded versus a three-month average of ~60,000. The ETF edged up around 0.3%. Among its components, Oscar Health is the most active, with more than 4.3 million shares traded and a ~4.2% decline. Lemonade is also heavily traded, though nearly flat, at over 2.5 million shares. On the day, Kemper is the standout gainer in the group, ticking up about 2.3%. The move underscores ongoing interest in the U.S. health-insurance theme bundled within IAK.

Why unemployment rose despite 119,000 September jobs: revisions and a volatile household survey

November 20, 2025, 5:44 PM EST. The September payrolls rose by 119,000, beating expectations, but the unemployment rate nudged up to 4.4% as a separate household survey showed a large rise in the labor force. Revisions dragged August into negative territory and cut July gains, underscoring how data revisions and a more volatile labor-force metric can move the headline. Job gains were concentrated in private education and health services, leisure and hospitality, and state and local government. The uptick in unemployment mainly reflects the bigger labor pool rather than a sudden drop in employment, with participation and employment-to-population ratios broadly steady. The report was delayed by the government shutdown, coloring near-term interpretation.

Lowe's Stock Rebounds After Q3, Signals Buying Opportunity Amid Tepid Guidance

November 20, 2025, 5:42 PM EST. Lowe's (LOW) shares rebounded after a mixed Q3 report and tepid guidance, suggesting a buying opportunity for patient investors. Revenue rose about 3.2% to $20.81B, with adjusted earnings up 5.6% and a stronger gross margin offset by higher costs. Cash flow remained robust, supporting the dividend yield around 2.75% and ongoing capital returns, even as management refrained from a near-term buyback. With outlook aligning to analyst expectations and a path to margin stability, Lowe's appears poised to test the high end of its range and potentially set new highs into 2026, supported by growth in services, professional business, and acquisitions.

US September jobs rise 119,000 as unemployment ticks to 4.4%; healthcare leads gains

November 20, 2025, 5:40 PM EST. US nonfarm payrolls rose by 119,000 in September, while the unemployment rate climbed to 4.4% from 4.3%. The print reflected a cooling labor market with the healthcare sector adding 43,000 jobs, food and beverage services up 37,000, and social assistance payrolls up 14,000. Declines were led by federal employment (-3,000) and transportation and warehousing (-25,000). Average weekly earnings rose 0.2% to $36.67 and the report was delayed by the government shutdown. Markets will weigh whether the slower payroll pace signals a softer economy or a temporary pause. Economists say job growth needs 30,000-50,000 monthly to keep up with a growing workforce, underscoring a fragile path for momentum in 2025.

Stocks swing as Nvidia-driven rally fades and AI bets collide with rate-cut hopes

November 20, 2025, 5:38 PM EST. Stocks swung on Thursday as an early Nvidia-driven rally faded. The S&P 500 jumped up to 1.9% before retreating to a small gain, while the Dow rose about 142 points and the Nasdaq climbed roughly 0.4%. Mixed job data kept alive hopes for additional Fed rate cuts, even as investors question whether AI gains will translate into lasting profits. Nvidia's results and upbeat guidance buoyed the market and underscored the AI trade's influence, with peers like Broadcom among the gainers. Still, concerns linger about an AI bubble and whether demand will sustain the rally. Traders will parse Nvidia's forecast and labor data for the next directional clue.

CCI July 2026 Options: Spotlight on the $87.50 put and $92.50 call YieldBoost plays

November 20, 2025, 5:36 PM EST. Stock Options Channel flags new July 2026 Crown Castle (CCI) options with 239 days to expiration. The $87.50 put bids around $4.90, making the implied cost basis about $82.60 if sold to open-a roughly 3% discount to the current price. The odds of the put expiring worthless are about 57%, yielding a 5.60% return on cash and an 8.55% annualized on the YieldBoost view. On the call side, the $92.50 call bids around $4.90; selling a covered call at $92.50 against a $90.11 stock price could deliver about 8.09% total return if called away, though upside is capped. The report advises watching the trailing twelve month history and CCI fundamentals to gauge potential risk and reward.

July 2026 Options Open for Ciena (CIEN): 200 Put and 210 Call Highlights

November 20, 2025, 5:34 PM EST. New July 2026 options on Ciena (CIEN) began trading, offering a 239-day window for sellers and buyers. The 200.00 put shows a bid of $39.80, implying a cost basis of $160.20 if sold to open, about a 1% discount to the current price around $201.73, with ~63% odds of expiring worthless and a YieldBoost of about 19.90% (30.40% annualized). On the call side, the 210.00 call bid is $40.90; a covered call at $210 could yield around 24.37% if called away. Stock history and fundamentals remain relevant; Stock Options Channel will publish odds charts for these contracts as they evolve.

IEI Noteworthy Inflow: $240.8M Week-Over-Week Rise in iShares 3-7 Year Treasury Bond ETF

November 20, 2025, 5:32 PM EST. Notable ETF inflows were led by the iShares 3-7 Year Treasury Bond ETF (IEI), which posted an approximate $240.8 million inflow, a 1.7% week-over-week rise in outstanding units (from 126.1 million to 128.2 million). The latest pricing shows IEI around $115.40, with a 52-week range of $113.16 to $120.28 and a reference to the 200-day moving average. As with ETFs, unit creation and destruction reflect investor demand and can shape holdings. The piece also mentions other ETFs with notable inflows this week.

IJH Leads Notable ETF Outflows as FLEX, UTHR and COHR Rally

November 20, 2025, 5:30 PM EST. Notable ETF activity this week centers on the iShares Core S&P Mid-Cap ETF (IJH), which posted an approximate $164.5 million outflow, a 0.2% decline week over week (from 1,531,150,000 to 1,528,550,000 units). Among IJH's largest components, FLEX is up about 1.6%, UTHR about 1%, and COHR roughly 7.8%. The chart compares IJH's 1-year performance against its 200-day moving average, with a 52-week range of $50.15 to $68.33 and a last price near $64.35. The report notes that ETF flows are driven by creation/destruction of units, which can influence underlying holdings. For a complete holdings list and the full outflow set, see the IJH page.

IRM July 2026 Options: Put at $85 and Covered Call at $90 Highlight YieldBoost

November 20, 2025, 5:28 PM EST. IRON Mountain Inc (IRM) has new July 2026 options with 239 days to expiration. The YieldBoost spotlight identifies a put at the $85 strike with a current bid of $7.20. If you sell to open, the effective cost basis for owning IRM could be $77.80 per share, versus about $86.76 now. With the strike about a 2% discount, the put faces roughly 57% odds of expiring worthless, implying a potential 8.47% return on cash (12.94% annualized) if the option expires unused. On the call side, the $90 strike bid is $5.50. A covered call, buying IRM at the current price and selling the call, suggests a 10.07% potential return if the stock is called away at July 2026. The 4% premium to the current price adds potential upside limitations but income opportunity.

SSB January 2026 Put and Call Setups: 85 Put and 90 Call

November 20, 2025, 5:26 PM EST. SouthState Bank Corp (SSB) has new January 2026 options with two notable setups. The $85.00 put, bid about $0.90, can be sold to open to acquire the stock at a net cost of $84.10 (premium included), roughly a 4% discount to the current $88.44 price. The odds of the put expiring worthless sit around 63%, implying a potential 1.06% return on cash and about 6.78% annualized (YieldBoost). On the call side, the $90.00 strike calls for $2.10 premium enable a covered call: buying at $88.44 and selling to open could yield about 4.14% if called away, with upside capped. The article notes a trailing history chart and fundamentals to inform decisions.

Insider Cluster-Buy Signals for OBDC: Blue Owl Capital Insiders Buy

November 20, 2025, 5:24 PM EST. An ongoing cluster-buy by multiple insiders often signals confidence. At Blue Owl Capital Corporation (OBDC), four insiders purchased a combined 126,200 shares at an average price of $11.79, totaling about $1.49M, most recently on 11/18/2025. The purchases span executive leadership: CEO Craig Packer, President Logan Nicholson, plus Melissa Weiler and Chris Temple, forming a clear buying cluster within days. While not a guaranteed indicator, such coordinated openness suggests insiders view OBDC as undervalued versus its 1-year performance and 200-day moving average. The stock traded around $12.12, near its 52-week low of $11.65 and well below the 52-week high of $15.73. OBDC offers a dividend of $1.48 annually (~12.4% yield) with an upcoming ex-date on 12/31/2025. Investors may watch for follow-on announcements or sustained insider demand as a potential catalyst.

Crypto Market Extends Slide as Bitcoin Dips Below $87,000

November 20, 2025, 5:22 PM EST. The crypto market extended a more-than-a-month retreat, mirroring a slide in global equities. Bitcoin slipped more than 4% to below $87,000, its lowest level since April, as buyers cooled and the momentum that carried prices earlier in the year faded. The move comes after weeks of unwinding by fast-moving traders and lingering positioning from October's record surge, leaving traders more exposed to pullbacks and sharper swings. With fewer fresh buyers, sentiment stayed soft and risk appetite remained fragile, amplifying selling pressure across tokens and heightening volatility in the short term.

Daily Dividend Report: NVDA, A, WSBC, AVB, HAL, PEP

November 20, 2025, 5:20 PM EST. Daily dividend update for NVDA, A, WSBC, AVB, HAL, and PEP. NVIDIA: $0.01 per share, record date Dec 4, 2025, payment Dec 26, 2025. Agilent Technologies: $0.255 per share, payment Jan 28, 2026, record Jan 6, 2026. WesBanco: dividend raised to $0.38 per share, payment Jan 2, 2026, record Dec 5, 2025; nineteenth increase since 2010, up 171%. AvalonBay Communities: $1.75 per share, payment Jan 15, 2026, record Dec 31, 2025. Halliburton: $0.17 per share, payment Dec 24, 2025, record Dec 3, 2025. PepsiCo: $1.4225 per share, up 5%; annualized $5.69; payment Jan 6, 2026, record Dec 5, 2025; 53rd consecutive annual dividend increase.

Markets Wobble Between Strong Earnings and Mixed Jobs Data

November 20, 2025, 5:18 PM EST. Entering the week, the economy looked grim, but a surprise September payroll gain of 119,000, combined with blowout earnings from Nvidia and Walmart, sparked a question: is the economy better than feared? The answer remains murky. Job gains were stronger than expected, yet July and August revisions wiped out earlier optimism, and the unemployment rate edged higher. The broader trend is a slow, uneven labor market where growth is concentrated in a few sectors, leaving many workers behind. Analysts warn against cheering: a slide toward a 5% unemployment rate could trigger a reinforcing negative cycle. On the consumer side, affordability remains a crisis, with high cost of living and sour public sentiment. The market's takeaway: one strong data point and chunky earnings can coexist with material, persistent headwinds.

Tech rally led by Nvidia and Walmart lifts U.S. stocks before midday pullback

November 20, 2025, 5:16 PM EST. U.S. stocks opened with a rally led by blowout earnings from Nvidia and a solid read from Walmart, as the September jobs report reinforced prospects of economic resilience. The S&P 500 jumped about 1.5% and the Nasdaq rose around 2% early, with the Dow up roughly 600 points, before a midday retreat as traders pared back expectations for a next-month Fed rate cut. Cryptocurrencies including Bitcoin also sold off. Analysts noted the payroll rebound reduced recession fears, though the jobs data showed a mixed picture: 119,000 jobs added, unemployment at 4.4%, and notable layoffs in companies such as Verizon. Weeklies caution investors that manufacturing and transportation job losses persisted, tempering the pace of the AI-led rally.

IBM July 2026 Options Debut: YieldBoost Picks On $295 Put And $305 Call

November 20, 2025, 5:14 PM EST. IBM's July 2026 options have begun trading with 239 days to expiration. YieldBoost flags a $295 put and a $305 call as notable. If you sell-to-open the $295 put, you'd be obligated to buy IBM at $295 but collect a $26.20 premium, yielding a cost basis of $268.80 and a stock price discount of about 1% to the current level (~$297.25). The chance of the put expiring worthless is about 57%, implying an 8.88% return on cash or 13.57% annualized (YieldBoost). For the call, selling a covered call at $305 could deliver about 11.88% total return if shares are called away at expiry. The report cautions on upside risk and highlights the need to study trailing history and fundamentals.

GIS July 2026 Options: Put at $45 and Covered Call at $52.50 Offer YieldBoost Opportunity

November 20, 2025, 5:09 PM EST. Investors in GIS have new July 2026 options opening, with a $45 put bid of $1.10 and a $52.50 call bid of $0.25. With about 239 days to expiration, selling the $45 put would lock in a cost basis of about $43.90 if assigned, roughly a 6% discount to the current price of $47.88. Odds of the put expiring worthless are about 63%, per Stock Options Channel's YieldBoost metrics. A covered call using the $52.50 strike could yield about 10.17% total return if called away at expiry, assuming you buy GIS at $47.88 and sell the call. Note potential upside restrictions if shares soar; track the odds on the contract detail page and review long-term fundamentals.

TGT June 2027 Options Spotlight: $85 Put and $90 Call Yield Potential

November 20, 2025, 5:07 PM EST. Target Corp (TGT) is seeing new June 2027 options with roughly 574 days to expiry. The $85 put bids at $12.50, so selling to open would anchor a cost basis of $72.50 if assigned, about a 1% pullback from current prices. The model shows a ~58% odds the put expires worthless, yielding about 14.71% on cash (roughly 9.35% annualized) as YieldBoost. On the call side, the $90 call bids around $12.00; a covered call using stock near $86.21 could deliver about 18.32% total return if called away, noting an approximate 4% premium to today's price. Stock Options Channel will monitor evolving greeks and odds for these contracts.

Clorox CLX July 2026 Options Begin Trading: YieldBoost Highlights Put and Covered-Call Ideas

November 20, 2025, 5:04 PM EST. Investors in Clorox Co (CLX) gained new July 2026 options, with 239 days to expiration boosting time value. The standout put is the $95 strike, bid $5.60, offering a sell-to-open path that would set a cost basis of $89.40 – about a 4% discount to the current price and potentially preferable to buying at ~$99.04 today. The odds of the put expiring worthless sit near 60%, per YieldBoost, yielding about 5.89% on cash committed, or ~9.0% annualized. On the call side, the $100 strike bid is $7.80. A covered-call using CLX at ~$99.04 with stock sold at $100 could deliver ~8.84% total return if called away. Charts track the trades and the trailing twelve months.

MCD February 2026 Options Open: YieldBoost Highlights Put at $300 and Covered-Call at $305

November 20, 2025, 5:00 PM EST. Stocks McDonald's Corp (MCD) sees its February 2026 options open with ~92 days to expiration. A YieldBoost scan highlights a $300 put with a bid of $8.60. Selling to open would finance a basis of $291.40 if assigned, representing a roughly 1% discount to the current price and a ~57% chance the put expires worthless. If so, the premium yields ~2.87% on cash, or ~11.37% annualized. On the call side, the $305 strike has a bid of $10.45. A covered call using today's price (~$302.63) could return ~4.24% if called away at expiration, though upside remains uncapped. Stock Options Channel will chart the odds and track the live option chain, alongside trailing 12-month history and fundamentals.

HWM July 2026 Options Debut: Deep Put at 195 and Covered Call at 220

November 20, 2025, 4:58 PM EST. Investors in Howmet Aerospace Inc (HWM) gained new July 2026 options today. A $195 put, bid at $14.60, allows a seller to buy the stock at $195 while collecting the premium, yielding a cost basis of $180.40 (before commissions) and about a 6% discount to the current price. The odds of the put expiring worthless are about 67%, with a potential 7.49% return on cash and 11.44% annualized via Stock Options Channel's YieldBoost. On the call side, the $220 call (bid $19.30) could be used in a covered call to generate roughly 15.60% total return if shares are called away at expiration, assuming the stock is bought near $207 today. A look at the trailing twelve months and fundamentals helps gauge upside.

VZ July 2026 Options Begin Trading: Put at $39, Covered Call at $42

November 20, 2025, 4:56 PM EST. Verizon Communications Inc (VZ) kicked off July 2026 options trading with 239 days to expiration. A $39 put bids around $1.97, creating a potential cost basis of $37.03 if sold to open and assigned, versus a current price near $40.98. The put's odds of expiring worthless are about 59% per YieldBoost, with a potential 5.05% return on cash and roughly 7.72% annualized if it expires worthless. On the upside, the $42 call bids around $1.84; a covered call against the stock could deliver about 6.98% if shares are called away at expiry. The article includes trailing history charts and notes on fundamentals for context.

Dollar Dips on Signs of US Labor Market Weakness as Fed Rate-Cut Bets Rise

November 20, 2025, 4:52 PM EST. The dollar index slid after US data showed Sep nonfarm payrolls rose more than expected, yet the unemployment rate ticked up to a near-4-year high, boosting bets the Fed may still cut rates at the next FOMC meeting. Initial jobless claims fell to 220k, while continuing claims jumped to a four-year high, signaling mixed labor conditions. The EUR/USD traded near a two-week low as policy paths diverge, with the ECB seen closer to the end of its easing cycle while the Fed remains on a potential easing track into 2026. Markets priced in roughly a 39% chance of a 25 bp Fed cut in December. A mixed data backdrop also touched housing and wages, keeping rate expectations volatile.

iShares MSCI ACWI ETF Sees Notable Inflow Amid Broad Tech Gains

November 20, 2025, 4:50 PM EST. Stock-market readers note a notable inflow into the iShares MSCI ACWI ETF (ACWI) this week, with an estimated $428.6 million increase in outstanding units-a roughly 2.5% week-over-week rise (from 169.8M to 174.0M). Among ACWI's top holdings, Apple (AAPL) is up ~1.9%, Amazon (AMZN) +0.7%, and Alphabet (GOOG) +1.4% today. The ETF's 52-week range stands at $89.97-$107.46 with a last trade near $103.14. A look at the 200-day moving average can help gauge trend direction. The flow data underscore how new units creation/destruction affects underlying holdings. For more, readers can see which other ETFs posted inflows and related notes on ETF Channel.

HYG ETF Sees Major Outflow: iShares High Yield Bond ETF Drops 2% WoW

November 20, 2025, 4:48 PM EST. iShares iBoxx $ High Yield Corporate Bond ETF (HYG) logged a sizable outflow this week: about $354.1 million, a 2.0% drop in shares outstanding (from 225.3M to 220.7M). The chart tracks HYG's price over the past year against its 200-day moving average. The 52-week range spans $71.68 to $78.08, with a last trade near $77.08. Weekly flows reflect the creation/destruction dynamic: new units require buying the underlying holdings, while destruction sells them, potentially affecting its components. Read more on ETF Channel for other funds with notable outflows.

UBS Lifts Horizon Technology Finance Target to $6.50; Neutral Rating Amid Mixed Analyst Calls

November 20, 2025, 4:46 PM EST. UBS Group raised Horizon Technology Finance's price target from $6.25 to $6.50 while keeping a neutral rating, implying potential downside of about 0.8% versus current levels. The move accompanies a split among analysts: Weiss Ratings remains negative, Maxim Group trimmed its target to $7.50 with a Buy, and Wall Street Zen recently upgraded to Buy. MarketBeat shows an average rating of Reduce and a consensus target near $7.00. Horizon traded near $6.56 after a quarterly beat on EPS and revenue, with a negative net margin but a 15.01% ROE. The stock has a negative P/E (-9.80) and has seen mixed institutional moves, including stakes by Canada Life and Millennium Management.

Walmart lifts full-year outlook as online sales surge ahead of holidays; stock climbs

November 20, 2025, 4:44 PM EST. Walmart raised its annual net sales forecast to 4.8%-5.1% and boosted adjusted EPS to $2.58-$2.63 after a quarterly beat led by stronger online sales and 4.5% same-store growth. The retailer also announced a Nasdaq listing, with shares up about 6% in early trading. Online shopping rose 28%, powered by groceries, while expedited deliveries (under three hours) jumped 70%. US e-commerce marked its seventh straight quarter of 20%-plus growth. Management credited holiday momentum from Halloween and early Thanksgiving, though spending for lower-income households remains pressured by inflation and a slower job market. CEO Doug McMillon is retiring next year. The results underscore Walmart's resilience in a challenging backdrop and highlight its omnichannel edge during the holiday season.

Darling Ingredients (DAR) July 2026 Options Spotlight: YieldBoost Signals on $32.50 Put and $35 Call

November 20, 2025, 4:42 PM EST. DAR investors gained access to new July 2026 options. The $32.50 put bids around $2.45, implying a cost basis of about $30.05 if sold to open and a ~64% chance the option expires worthless, for a potential 7.54% return on cash (11.51% annualized) via the YieldBoost metric. On the upside, the $35 call (covered call) bids around $3.30; selling the call against $33.97 stock could yield ~12.75% total return if called away at expiration. Stock charts compare the 12-month history to the strikes. StockOptionsChannel will continue tracking the odds and publishing updates on the contract page; investors should also consider fundamentals and upside potential.

September Jobs Report Highlights Mixed Labor Signals Amid Sluggish Hiring

November 20, 2025, 4:41 PM EST. The September 2025 jobs release shows workers added 119,000 payrolls, but the gain is narrow and concentrated in health care and leisure & hospitality. Broad-based weakness persists as manufacturing and federal employment slide. July and August revisions were disappointing (72k and -4k), leaving a 3-month average around 62k. The unemployment rate ticked up to 4.4% as the labor force grew faster than payrolls, with the largest unemployment rise among job losers (+88k). With tariffs volatile, AI adoption uncertain, and immigration trends shifting the labor pool, hiring remains sluggish and the Fed path uncertain as inflation stays near 3%.

Nvidia earnings power Wall Street rally as Dow jumps over 500, Nasdaq up 2%, S&P climbs 1.7%

November 20, 2025, 4:38 PM EST. US equities surged after Nvidia topped estimates, fueling a broad tech rally. The Nasdaq led gains at about 2.2%, with the S&P 500 up roughly 1.7% and the Dow Jones climbing around 1.3% (over 500 points). Nvidia shares rose nearly 5% as CEO Jensen Huang said demand for the new Blackwell processors is off the charts, easing fears of AI hardware softness. The upbeat results reinforced optimism around AI adoption and cloud infrastructure spending. Strong September jobs data added momentum, though mixed signals kept rate-cut bets volatile. Traders priced in a December Fed cut near 35%. Retailers like Walmart also offered support, even as investors weighed inflation and policy uncertainties.

FR January 2026 Put Options Spotlight: YieldBoost on First Industrial Realty Trust

November 20, 2025, 4:36 PM EST. Stock Options Channel's YieldBoost flags a new January 2026 put on First Industrial Realty Trust (FR). The contract's current bid is $0.05, meaning selling to open commits to buying the stock at $55.00 while collecting the premium, effectively a $54.95 cost basis before commissions if assigned. The $55 strike sits about 2% from the current price, leaving a roughly 58% chance the option expires worthless per the site's analytics. If that happens, the premium yields about 0.09% on the cash at risk, or roughly 0.58% annualized-the YieldBoost metric. Implied volatility on the put is around 28% vs. trailing realized volatility near 25%. For more ideas, visit StockOptionsChannel.com.

January 2026 Options Highlight for Watsco (WSO): 320 Put and 340 Call

November 20, 2025, 4:34 PM EST. New January 2026 options for Watsco Inc. (WSO) debut with a notable put at the 320 strike and a covered call at the 340 strike. A sell-to-open 320 put offers a potential purchase price of $320, or $312.50 after premium (before commissions), versus the current $333.15 stock price. That strike sits about a 4% in-the-pocket, with a roughly 65% chance the put expires worthless, yielding a 2.34% return on cash (15.01% annualized) per YieldBoost. On the upside, selling a 340 call against a long stock position could lock in about a 5.72% return if called away at expiration, while leaving some upside potential. The 2% premium to the stock price makes the setup slightly out-of-the-money on both sides.

RYN January 2026 Options Spotlight: $20 Put and $22.50 Covered Call

November 20, 2025, 4:32 PM EST. Stock options on Rayonier Inc. (RYN) opened for January 2026 with notable interest in a $20 put and a $22.50 call. Selling to open the $20 put would lock in a $19.50 net basis (strike $20 minus $0.50 premium) if assigned, about a 6% discount to RYN's ~$21.36 price. YieldBoost puts the odds of the put expiring worthless at ~69%, with a potential premium yield of 2.50% on cash, or ~16.01% annualized. On the call side, selling a covered call at the $22.50 strike-buying at $21.36 and collecting the $0.45 premium-could yield ~7.44% total if called, with roughly a 5% premium to spot. The article notes chart analyses of RYN's 12-month history and encourages fundamentals review.

MAA January 2026 Options: Put at 130 and Covered Call at 135

November 20, 2025, 4:28 PM EST. MAA investors now have new January 2026 options. The put at the $130 strike bids around $2.55, giving a cost basis of about $127.45 if sold to open – roughly a 1% discount to the current price and a ~54% chance of expiring worthless. If it expires worthless, the YieldBoost would be about 1.96% on cash and 12.56% annualized. On the call side, the $135 strike bids about $1.15. A covered call using stock near $131.31 could yield ~3.69% if called away at expiration. Upside remains if MAA advances, so investors should also study the trailing history and fundamentals.

January 2026 Options Open for Brown & Brown (BRO)

November 20, 2025, 4:26 PM EST. Investors in Brown & Brown Inc (BRO) gained access to new January 2026 options, spotlighting a $75 put and an $80 call. A sell-to-open the $75 put would obligate buying shares at $75 while collecting the premium, yielding a cost basis near $74.95 – about a 5% discount to the current price of about $78.99. The odds of the put expiring worthless sit near 71%, per YieldBoost, with a potential 0.07% one-time return and 0.43% annualized if the option expires worthless. For the covered call, selling the $80 call on shares bought near $78-$79 could deliver ~2.92% total return if called away, while preserving upside if BRO rises.

BorgWarner (BWA) July 2026 Options Kick Off: YieldBoost on $42.50 Put and $45 Call

November 20, 2025, 4:25 PM EST. Investors got new liquidity for BorgWarner Inc (BWA) with the July 2026 options, offering a longer time frame (239 days) and potential for higher premiums. The $42.50 put currently bids at $1.60, implying a cost basis of about $40.90 if sold to open. The strike is about 1% out-of-the-money, and odds of expiring worthless are around 60%, per Stock Options Channel's YieldBoost, which would yield roughly 3.76% on cash, or 5.75% annualized. On the call side, the $45.00 call bids around $1.85; a covered call against buying at $42.94 could yield about 9.11% if called away at expiration. The article notes consider trailing performance and fundamentals for context.

Wells Fargo (WFC) July 2026 Options Debut: Puts at 82.50, Covered Calls at 90

November 20, 2025, 4:22 PM EST. Wells Fargo & Co (WFC) began trading the July 2026 options, offering a long-dated path for option buyers and sellers. A put at the 82.50 strike carries a current bid of $5.95, implying a cost basis of $76.55 if sold to open, about a 3% discount to the stock's roughly $85.18 price. The odds of the put expiring worthless sit near 62%, with a YieldBoost of about 7.21% on cash and roughly 11.02% annualized. On the call side, the 90 strike bid is $6.55; selling a covered call could yield about 13.35% if the shares are called away at expiry. Stock Options Channel tracks these metrics with time-based charts.

HEICO January 2026 Options Begin Trading: YieldBoost Highlights on HEI $290 Put and $320 Covered-Call

November 20, 2025, 4:20 PM EST. HEICO Corp (HEI) kicked off January 2026 option trading with a notable $290 put and $320 call. Selling to open the $290 put would set a cost basis near $283.10 if assigned, versus a current price around $309.64-roughly a 6% discount (OTM). The odds of the put expiring worthless sit near 73%, yielding a 2.38% return on cash or about 15.24% annualized as YieldBoost. For the calls side, a covered $320 call could deliver about 7.06% if exercised while allowing upside if HEI rallies. The data include greeks and implied greeks and will be tracked alongside the stock's trailing history.

ADC July 2026 Options Begin Trading: YieldBoost Highlights Put and Covered-Call Opportunities

November 20, 2025, 4:19 PM EST. Investors in Agree Realty Corp. (ADC) today saw new July 2026 options begin trading, offering 239 days to expiration and potential premium opportunities for PUTs and CALLS. The YieldBoost screen flags a $65.00 put with a $0.20 bid; selling to open creates a roughly $64.80 cost basis if assigned, about an 11% discount to the current price and a roughly 75% chance the contract expires worthless. For calls, a $75.00 call bids $1.90; a covered-call strategy at the present price of ~$73.19 could deliver about 5.07% total return if shares are called away at expiry. Stock-options tracking and history charts accompany the data to aid evaluation.

ELME July 2026 Covered Call Idea with YieldBoost: $17.50 Strike

November 20, 2025, 4:16 PM EST. Elme Communities (ELME) has new July 2026 options; the $17.50 call shows a 5-cent bid with roughly 239 days to expiration. A covered call using shares at $16.92 could deliver a total return of 3.72% if the stock is called away, excluding commissions. If the contract expires worthless, the premium adds 0.30% (about 0.45% annualized) to return per YieldBoost. Implied volatility is about 29%, vs. trailing-twelve-month volatility around 24%. The odds of staying above the strike by expiration sit near 51%. StockOptionsChannel tracks these odds and the contract's trading history over time. The idea blends income with upside potential; readers should review history and fundamentals before trading.

AOS July 2026 Options Begin Trading: YieldBoost Signals on $60 Put and $70 Call

November 20, 2025, 4:14 PM EST. Investors in Smith (AOS) Corp saw new July 2026 options enter the market. With about 239 days to expiration, the YieldBoost analysis highlights a $60 put and a $70 call as contracts of interest. The $60 put bids at $1.05, implying a cost basis of about $58.95 if sold to open, roughly a 6% discount to the current price (~$64). The odds of the put expiring worthless are about 69%, offering a potential 1.75% premium return (about 2.67% annualized). For the $70 call, a covered-call setup at the current price of $64.01 could yield about 11.47% if the shares are called away. The analysis also notes the importance of the stock's history and fundamentals.

Stocks Rally as Nvidia Outlook Lifts AI Rally; Major Indices Climb and Rate-Cut Bets Grow

November 20, 2025, 4:13 PM EST. Stocks rose as Nvidia's robust revenue forecast eased AI valuation fears and sparked risk-on trading. The S&P 500 (+1.74%), Dow Jones (+1.40%), and Nasdaq 100 (+2.09%) led gains, with E-mini futures extending the rally. Nvidia's strength lifted chipmakers and AI-infrastructure names. Bond yields fell, lifting bets on a December rate cut, with odds around 35%. On the data front, nonfarm payrolls rose more than expected, while the unemployment rate edged to 4.4%. Initial claims fell to 220,000 and continuing claims climbed to 1.974 million, signaling a mixed labor backdrop. The week ahead includes earnings, PMIs, consumer sentiment, and services activity reports.

Bitcoin on track for worst Q4 since 2018 as bear signals mount

November 20, 2025, 4:10 PM EST. Bitcoin slid to a seven-month low near $88,522 before an intraday rally above $92,000 on Nvidia's blowout earnings, then slipped as weaker jobs data dimmed odds of a December Fed rate cut. The asset is down about 3.9% year to date and on track for its worst Q4 since 2018, per CoinGlass. Analysts warn the bounce is not decisive as Fed policy, ETFs inflows, and AI optimism pull in different directions. The Crypto Fear & Greed Index sits at 11, signaling Extreme Fear the longest streak since the FTX collapse. Key resistance around $107,500 sits ahead, with a downside target of $75,000-$78,000 if risk-off broadens, while a base case envisions stabilization in the $89,000-$95,000 range amid recalibration rather than a deeper drawdown.

EQX July 2026 Options Begin Trading: 239-Day Outlook on the $12.50 Put

November 20, 2025, 4:08 PM EST. Equinox Gold Corp (EQX) options for the July 2026 expiration began trading with a notable 239-day horizon. The notable contract is the $12.50 strike put, currently bid at five cents. Selling to open would lock in a premium and set a cost basis of $12.45 for shares purchased if exercised, versus the prevailing price near $12.91. With the strike about 3% below the stock price, the odds of expiring worthless are ~65% according to YieldBoost, which Stock Options Channel will track over time. Implied volatility on the example is 61%, versus a trailing 52%. A worthless expiration would yield about 0.40% on cash, or 0.61% annualized. More ideas at StockOptionsChannel.com.

GFL July 2026 Options Begin Trading

November 20, 2025, 4:07 PM EST. GFL Environmental Inc. (GFL) sees new July 2026 options opened, creating potentially richer time value for buyers and sellers. A $45 put currently bids ~$0.80. Selling to open could lower cost basis to about $44.20 if assigned, offering a ~3% discount to the current price and roughly a 64% chance the option expires worthless, per YieldBoost data. If that occurs, the $0.80 premium yields about 1.78% return on cash (2.72% annualized). On the call side, the $50 call bids ~$0.75. A covered-call scenario – owning GFL at ~$46.34 and selling the call – offers about 9.52% total return if called away at expiration, though upside may be capped. The article notes the $50 strike represents ~8% premium to the current price.

Chewy CHWY July 2026 Options Begin Trading: YieldBoost Highlights 27.50 Put and 42.50 Call

November 20, 2025, 4:05 PM EST. Chewy Inc (CHWY) began trading July 2026 options, presenting two standout ideas from Stock Options Channel's YieldBoost. The $27.50 put bids around $1.87, implying a cost basis near $25.63 if sold to open and about a 19% discount to the $34.12 stock price. Current odds of expiring worthless sit near 77%, delivering a potential 6.80% one-time yield and roughly 10.39% annualized if realized. On the upside, the $42.50 call bids around $2.67. A covered-call using CHWY shares bought at around $34.12 would target about a 32.39% total return if the stock is called away at July 2026 expiry. The report also emphasizes trailing twelve-month history and fundamentals for evaluating these trades.

Dropbox DBX July 2026 Options: Attractive $27 Put and $31 Covered-Call

November 20, 2025, 4:02 PM EST. Dropbox Inc (DBX) launched July 2026 options, offering a long-dated premium opportunity (239 days). A notable put is the $27 strike with a current bid around $0.70. Selling to open puts would buy DBX at $27 if assigned, with a cash cost basis near $26.30 after premium. With DBX near $29.45, that strike sits about 8% lower and the odds of expiring worthless are roughly 69%. YieldBoost implies about 2.59% return on cash, or 3.96% annualized, if it expires worthless. On the call side, the $31 strike bid runs about $0.95. A covered call by buying DBX at ~$29.45 and selling the call could yield about 8.49% if called away, with a roughly 5% premium to current price. Stock Options Channel tracks these odds and adds contract-detail charts.

Federal Realty Investment Trust Breaks Above 200-Day Moving Average; Bullish Signal

November 20, 2025, 4:00 PM EST. Federal Realty Investment Trust (FRT) moved above its 200-day moving average (DMA) of $97.30 on Thursday, trading as high as $97.75 and edging higher by about 1.3% for the session. The bullish cross comes as investors watch the chart for trend signals, with the stock's last trade near $97.18. Over the past year, the stock has traded between a 52-week low of $80.65 and a 52-week high of $118.09. The cited DMA data was sourced from TechnicalAnalysisChannel.com. Investors will want to compare this cross against nearby support and resistance levels to gauge follow-through.

ACI July 2026 Options Begin Trading: YieldBoost Signals $17 Put and $18 Call

November 20, 2025, 3:58 PM EST. Investors in Albertsons Companies Inc (ACI) now have new options trading for the July 2026 expiration. With about 239 days to expiry, these contracts can offer higher time value than nearer maturities. Stock Options Channel's YieldBoost flags a $17.00 put (bid around $0.05), suggesting a potential cost basis of $16.95 if sold to open, about a 4% discount to the current price near $17.66. The odds of the put expiring worthless are about 61%. On the call side, the $18.00 call (bid $0.10) could enable a 2.49% total return if the stock is called away at July 2026 expiry when starting from a $17.66 purchase. The analysis is complemented by a TTM chart and business context.

SOXS, EDZ: Big ETF Outflows – Bear 3x ETFs See Large Unit Declines

November 20, 2025, 3:54 PM EST. ETF Channel data show notable outflows across leveraged ETFs this week. The largest unit destruction was in the Direxion Daily Semiconductors Bear 3x Shares, with 14,950,000 units removed, a 4.7% week-over-week drop. By percentage, the steepest hit was the Direxion Daily MSCI Emerging Markets Bear 3X Shares, shedding about 150,000 units, or 34.5% of its outstanding supply versus the prior week. These shifts highlight renewed selling pressure in bearish 3x products and could influence liquidity and sentiment. Video: SOXS, EDZ: Big ETF Outflows. The views expressed are the author's and do not necessarily reflect Nasdaq, Inc.

SCHF, GLXY: Big ETF Inflows Drive Week-Over-Week Growth

November 20, 2025, 3:52 PM EST. SCHF (Schwab International Equity ETF) led weekly ETF inflows, adding 7.4 million units for a 0.3% rise in outstanding units. On a percentage basis, the Leverage Shares 2X Long GLXY Daily ETF attracted the largest inflow with 70,000 units, a 40% increase. The report from ETF Channel underscores demand for international exposure paired with leveraged daily products. These movements reflect week-over-week shifts in investor appetite and do not necessarily represent broader market endorsements.

SPY Faces ~$1.4B WoW Outflow as BRK.B, V, and XOM Rally in ETF Flow Watch

November 20, 2025, 3:50 PM EST. Week-over-week ETF flow highlights show the SPDR S&P 500 ETF Trust (SPY) posting an approximate $1.4 billion outflow, a 0.2% decline in shares outstanding. Among SPY's top holdings, BRK.B rose about 0.6%, V up roughly 0.8%, and XOM higher by about 1.4% in today's session. The article notes SPY's 52-week range of $481.80–$689.70 and a last trade near $674.70, with the chart highlighting the potential relevance of the 200-day moving average in short-term trend analysis. Investors should watch additional ETF outflow leaders across the 9 highlighted funds and related holdings.

IVV ETF Sees $4.7B Inflow; AMZN, GOOGL, AVGO Lead Rally

November 20, 2025, 3:48 PM EST. Week-over-week data from ETF Channel show the iShares Core S&P 500 ETF (IVV) drawing an approximate $4.7 billion inflow, a 0.7% rise in outstanding units (from 1,053,950,000 to 1,061,000,000). Among IVV's top holdings, AMZN is higher by about 1.4%, GOOGL up roughly 3.9%, and AVGO advancing around 4.6%. The ETF trades near its 52-week range low of $484 and high of $693.07, with a last price of $678.05. The note on the 200-day moving average is included in the chart summary. ETFs can create/destroy units; large flows can influence underlying holdings through creation/destruction. A list of other inflows is linked in the article.