![]() ![]() We have a zero tolerance policy for this rule. Violating spam rules may result in a permanent ban.Ībsolutely NO Harassment: Well-reasoned arguments and disagreements are welcomed. ![]() Spam includes but is not limited to lazy or low effort posts, copying and pasting the same post across multiple subs, posting the same thing multiple times in the same sub, clickbait, self promotion, referral links, surveys, and anything else that could be regarded as shady or unwelcome. No Spam: In general, if you have to ask "is this spam?" - it's spam. If you have something you believe would be valuable to our community, message the moderators to discuss it before posting. No Self Promotion: This includes links to your YouTube videos, discord chats, personal websites, Twitter/Instagram/social media accounts, trading services, subreddits, and so on, and applies to both posts and comments. Additionally, see our quick guide on how to ask good questions and share quality content. Please search before posting: If you are new to the markets and about to ask how to get started, click here instead. If you are new to the markets, you may wish to see our submission guidelines and stock market resources section below which have some helpful links: Posts about equities, options, forex, futures, analyst upgrades & downgrades, technical and fundamental analysis, and the stock market in general are all welcome. A floor at the $9 region seems to be containing today's pullback, but so far this year SPWR is down 48.3%.Welcome to /r/StockMarket! Our objective is to provide short and mid term trade ideas, market analysis & commentary for active traders and investors. Today's bear gap came after the company slashed its 2023 revenue guidance and announced preliminary net losses of $30 million for the second quarter. SunPower Corp (Nasdaq: SPWR) is near the bottom of the Nasdaq, down 17.2% to trade at $9.30 at last check. SIMO earlier notched a one-year high of $94.32, and is up 69.5% in the last nine months. Plus, Maxlinear (MXL) has plans to buy the company for $114.34 per share. The company is gearing up for its second-quarter earnings report, which is due out after tomorrow's close, with analysts expecting profits of 46 cents per share. (Nasdaq: SIMO) is leading the Nasdaq, last seen up 77.9% at $92.84. SNAP is down 19% at $10.14 at last check, brushing off better-than-expected second-quarter results, and eyeing its first close below the 20-day moving average since May. The weekly 7/28 10-strike put is most popular, with new positions opening there. So far, 179,000 calls and 140,000 puts have already crossed the tape, which is six times the volume that's typically seen at this point. Options traders are blasting Snap Inc (NYSE: SNAP) today after the social media giant issued a lackluster current-quarter outlook. The S&P 500 ( SPX) and Nasdaq Composite (IXIC) are both lower, as Wall Street unpacks Big Tech earningsahead of the Federal Reserve's interest rate decision later this afternoon. If the blue-chip benchmark holds onto those gains, however small, it could mark its longest win streak since January 1987. Today could be big for the Dow Jones Industrial Average ( DJI), which is slightly above breakeven at midday, as it paces for its 13th consecutive win. ![]()
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