Articles for author: Ron Finklestien

March 26, 2024

Ron Finklestien

Trump Media’s Meteoric Rise: Unleashing Potential Gamma Squeeze

Retail investors have set their sights on a rally to $90 for Trump Media (NASDAQ:DJT), sparking a frenzy of options trades that could push the stock’s volatility to new heights. Unprecedented Surge and Short Sellers’ Dilemma When the curtain fell on the debut of Trump Media and its new ticker on Tuesday, the market braced itself for a seismic event as the stock soared by 50%. This remarkable escalation left traditional media baffled—how could an ailing entity in the torrid industry suddenly command a staggering value of nearly $10 billion overnight? While the market marveled at the stock’s meteoric rise,

March 26, 2024

Ron Finklestien

Micron Technology’s Evolution in AI and Memory Technology Sets the Stage for Market Dominance and Future Success, Analyst States

Micron Technology Inc MU shares have surged after a recent reaffirmation by Mizuho, upgrading its rating to Buy and adjusting the price target from $124 to $130. Fueled by the rapid embrace of AI technologies, analyst Vijay Rakesh highlighted the explosive growth in the HBM market, projecting a remarkable CAGR of ~65% from 2023 to 2026, with an anticipated value of $17.5 billion by 2026. During this period, HBM GB content per GPU is expected to more than double from roughly 140GB to ~280GB, positioning Micron to capitalize on increased market share. Rakesh pointed out a significant potential turning point with the

March 26, 2024

Ron Finklestien

Corn Working Lower through Tuesday

Corn Futures Plummeting on Tuesday Inadequate Growth Sprouts for Corn Futures As the clock strikes midday, the corn futures market witnesses a somber symphony, echoing 1 ¾ to 3 ¾ cent losses across the current months. Speculators, akin to eager gamblers at a dim-lit casino, have upped the ante by 7,893 contracts. All set for the unveiling on Thursday, they gingerly add positions, bracing for the quarterly reports. A slight undertow is detected in localized cash grain movement, like ripples on a shallow pond. Across the vast Atlantic, Safras and Mercado sing the tale of Brazil’s corn planting, boasting a

March 26, 2024

Ron Finklestien

Biohaven’s Tackles the Obesity Drug Market With Unique Approach in the Midst of Stiff Competition

Biohaven’s Distinct Path Taking on the turbulence of the weight loss drug sector, __Biohaven’s__ BHVN‘s CEO, __Vlad Coric__, appeared on CNBC Fast Money to discuss the bombardment of competition and the emergence of the company’s experimental obesity drug. Unique Drug Development Diving into uncharted waters, Biohaven revealed its venture into an obesity drug that operates differently compared to __Novo Nordisk A/S’s__ NVO and __Eli Lilly And Co’s__ LLY popular GLP-1 drugs. The experimental obesity drug, named __taldefgrobep alfa (BHVN-2000)__, is envisioned to combat muscle loss while facilitating weight loss. The company underscores that a significant percent of weight reduction through

March 26, 2024

Ron Finklestien

Navigating the Options Seas: PEN July 2025 Options Analysis

A Rising Tide of Opportunity Investors setting sail with Penumbra Inc (Symbol: PEN) witnessed the commencement of new options trading today, as the July 2025 expiration contracts took the plunge. With 479 days until expiration, these fresh contracts beckon sellers of puts or calls with the allure of capturing a higher premium than the nearer-term alternatives. The element that spices up the brew for option buyers is none other than time value, a vital ingredient in the pricing cauldron. Stock Options Channel’s YieldBoost formula, much like an astute navigator scanning the horizon, scoured the PEN options chain for the new

March 26, 2024

Ron Finklestien

Exploring 3 Hidden Gems Following Apple’s Legal Storm

Another brouhaha in the tech world as Apple Inc. is in the crosshairs of the Department of Justice (DOJ) for allegedly monopolizing the smartphone market, stifling competition in its wake. Apple rebuffs the claims, asserting its technological prowess doesn’t stifle competition; it’s just competitors unable to keep pace. Speculation abounds on when the storm will clear, leaving investors on edge. Seeking solace from the tempest, divert attention to hidden gems lying in the shadows of Wall Street’s microscope. Companies like Upstart Holdings Inc. (UPST), Snap Inc. (SNAP), and Salesforce Inc. (CRM) offer promising horizons, drawing inspiration from Apple’s tree of

March 26, 2024

Ron Finklestien

An Uptick in Cotton Market Performance Amidst Volatility

Analysts Predict Bullish Outcome for Cotton Futures Embroiled in a frenzy of economic activity, Tuesday saw cotton futures surge with triple-digit gains in old crop contracts. Excitement was palpable as new crop futures displayed mixed but mostly upward trends within a ten-point radius of UNCH. Market analysts eagerly await Thursday’s Planting Intentions report, anticipating a display of between 10.4m and 11.3m acres earmarked for cotton planting in the 2024/25 season. Significantly, the average estimate hovers at a sizeable 11.3m acres, reflecting a substantial 1.1m acre surge from the previous year. This projection outshines USDA’s Outlook Forum assumptions from February by

March 26, 2024

Ron Finklestien

The Renaissance of EV Charging Stocks: Unearthing Potential Gems

Central to the green revolution sweeping through the automotive industry is the rapid development of an electric vehicle (EV) charging ecosystem. This evolution has sparked a surge of interest among investors, eagerly seeking to capitalize on the burgeoning market. Let us delve into the realm of EV charging stocks and unearth three shining gems that hold promise and potential. Each stock represents a unique opportunity in the electrifying world of EV infrastructure. The Resilient Underdog: Blink Charging (BLNK) Source: Shutterstock Mired in a recent downturn, Blink Charging (NASDAQ: BLNK) presents an intriguing proposition for savvy investors seeking an entry point

March 26, 2024

Ron Finklestien

Semiconductor Giants Grapple with China’s Guidelines: A Deep Dive into Key Players Semiconductor Giants Grapple with China’s Guidelines: A Deep Dive into Key Players

Semiconductor behemoths Advanced Micro Devices Inc AMD and Intel Corp INTC faced a downturn on Monday, March 25 due to China’s unveiling of fresh guidelines, phasing out foreign microprocessors in government PCs and servers. China’s targeted strike against chip giants in preference of native solutions jolted the semiconductor landscape, leaving investors yearning for stability amid the tempest. Semiconductor ETFs like the VanEck Semiconductor ETF SMH, the iShares Semiconductor ETF SOXX, and the Direxion Daily Semiconductor Bull 3x Shares ETF SOXL tumbled in response. Amidst this tumult, we delve into key players offering value amidst the uncertainty. They encompass Nvidia Corp

March 26, 2024

Ron Finklestien

Exploring the Krispy Kreme-McDonald’s Collaboration’s Impact on Insulin Stocks Krispy Kreme-McDonald’s Deal Spikes Insulin Stock Interest: ‘We’re About To Cash In On The Aftermath’

Shares of Krispy Kreme Inc DNUT have surged following the company’s announcement of an expanded national partnership with McDonald’s Corp MCD. McDonald’s customers will now have the opportunity to purchase Krispy Kreme doughnuts at select McDonald’s locations. These doughnuts will be available at all participating McDonald’s outlets across the country by the end of 2026. Krispy Kreme stock was up over 33% at the time of publication Tuesday. Related: Why Doughnut Maker Krispy Kreme’s Shares Are Shooting Higher Today The Intersection of Fast Food and Healthcare Markets The alliance between McDonald’s and Krispy Kreme has sparked more than just excitement