Streetbeat News

Order Imbalances

LLY

Eli Lilly and Company (NYSE: LLY) experienced a significant 'Power Inflow' event, indicating a potential uptrend in its stock price. This event, occurring at $872, led to a 1.6% increase to a high of $887.07 by the end of the trading day. The Power Inflow is a bullish signal for traders using order flow analytics to track institutional activity.

Portfolio Pulse from Finit

September 30, 2024 | 11:28 pm

CRWD

Investors with significant capital have taken a bearish stance on CrowdStrike Holdings (NASDAQ:CRWD), as observed through unusual options activity. Benzinga's options scanner detected 56 uncommon trades, with 51% being bearish. The trading activity suggests a focus on a price range between $110 and $570. Currently, CRWD's stock is down by 2.3% at $279.3, with RSI readings indicating potential overbought conditions.

Portfolio Pulse from Benzinga Insights

September 30, 2024 | 7:30 pm

ARCC

Ares Capital (NYSE:ARCC) has seen a 7.58% increase in its short percent of float, now at 2.84% of available shares. This indicates a rise in bearish sentiment, although it remains below the peer group average of 3.63%.

Portfolio Pulse from Benzinga Insights

September 30, 2024 | 6:45 pm

SKYW

SkyWest's short interest has increased by 4.49%, with 1.54 million shares sold short, representing 5.58% of its float. This is below the peer group average of 11.96%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

September 30, 2024 | 6:45 pm

BABA

CPRI

CVNA

MNSO

NIO

PDD

TAL

TSLA

XPEV

The article highlights unusual options activity for several consumer discretionary stocks, indicating potential trading opportunities. Notable mentions include bearish sentiment for TSLA, XPEV, PDD, BABA, and MNSO, while NIO, CPRI, and F show bullish sentiment. TAL and CVNA have neutral sentiment.

Portfolio Pulse from Benzinga Insights

September 30, 2024 | 5:35 pm

SEDG

SolarEdge Technologies (NYSE:SEDG) has seen an 8.62% increase in its short percent of float, now at 39.19%. This high short interest compared to peers may indicate bearish sentiment, but could also present a bullish opportunity if the stock price rises.

Portfolio Pulse from Benzinga Insights

September 30, 2024 | 5:30 pm

ETR

Entergy's short interest has increased by 4.43%, with 3.10 million shares sold short, representing 1.65% of its float. This is below the peer group average of 2.13%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

September 30, 2024 | 4:45 pm

LVS

Wealthy investors are showing a bearish stance on Las Vegas Sands (NYSE:LVS) through unusual options activity. Benzinga's options scanner detected 8 significant trades, with a split sentiment of 37% bullish and 50% bearish. The trades suggest a price target range of $45 to $60. Despite the bearish sentiment, LVS's stock price is up 4.84% at $50.74, with RSI indicators suggesting it may be overbought. The next earnings report is due in 19 days.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 2:18 pm

FSLR

First Solar Inc. (NASDAQ:FSLR) experienced a significant 'Power Inflow' event, indicating a potential uptrend in its stock price. The stock moved over 3% higher, closing near its daily high. This event is seen as a bullish signal by traders using order flow analytics to track institutional activity.

Portfolio Pulse from Finit

September 26, 2024 | 9:05 pm

LUMN

Lumen Technologies (NYSE:LUMN) has seen a 10.63% increase in its short percent of float, now at 11.24%. This is higher than its peers' average of 6.44%. The rise in short interest suggests bearish sentiment, but it could also indicate a potential bullish opportunity if the stock price rises.

Portfolio Pulse from Benzinga Insights

September 26, 2024 | 5:00 pm