Streetbeat News

Order Imbalances

GS

Goldman Sachs (NYSE:GS) experienced a significant Power Inflow event, indicating a shift from net selling to net buying. This event led to a 2% rise in GS stock on a day when the broader market was down 3%. The Power Inflow signal was triggered at 10:45 AM at a trading price of $452.48, suggesting potential for an uptrend.

Portfolio Pulse from jacob@finit.co.kr

August 08, 2024 | 1:36 pm

ORLY

O'Reilly Automotive (NASDAQ:ORLY) experienced a Power Inflow, indicating a shift from net selling to net buying, which is seen as a bullish signal. The stock price rose to $1140.90 at market close, marking a 1.60% increase from the Power Inflow price of $1122.87. This event suggests potential for an uptrend in ORLY's stock.

Portfolio Pulse from jacob@finit.co.kr

August 08, 2024 | 6:25 am

SMCI

The Nikkei 225 index rebounded by 10.23% after a historic drop, driven by an emergency meeting by the Bank of Japan and Ministry of Finance. The article discusses a strategy of adding long positions on down days, mentioning a bullish bet on Super Micro Computer Inc. (NASDAQ:SMCI). It also outlines a plan to short a weak regional bank based on specific screening criteria.

Portfolio Pulse from David Pinsen

August 08, 2024 | 6:11 am

DRMA

Dermata Therapeutics (NYSE:DRMA) has seen a significant rise in short interest, with a 141.25% increase since its last report. The company now has 52 thousand shares sold short, representing 9.65% of its float. This is higher than the peer group average of 9.44%. The increase in short interest could indicate bearish sentiment among investors.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 8:00 pm

KTOS

Kratos Defense & Security (NYSE:KTOS) has seen a 13.9% increase in its short percent of float, now at 2.13% of all regular shares available for trading. This is lower than the peer group average of 5.89%. The rise in short interest could indicate bearish sentiment, but it doesn't necessarily mean the stock will fall in the near term.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 8:00 pm

ACHC

Acadia Healthcare Co's (NYSE:ACHC) short interest has fallen by 6.19%, with 3.58 million shares sold short, representing 3.94% of the float. This is lower than the peer group average of 6.51%. The decrease in short interest may indicate a more bullish sentiment among investors.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 7:15 pm

XOM

Deep-pocketed investors have adopted a bearish approach towards Exxon Mobil (NYSE:XOM), as revealed by Benzinga's options scanner. The scanner highlighted 17 extraordinary options activities, with 52% of the sentiment being bearish. The major market movers are focusing on a price band between $100.0 and $120.0 for Exxon Mobil. The current trading volume stands at 7,815,756, with XOM's price up by 1.49%, positioned at $115.86.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 7:05 pm

PLTR

The article highlights a surge in options activity for Palantir Technologies (NYSE:PLTR), with a noticeable bearish stance from large investors. Out of 47 trades, 59% were bearish and 34% bullish. The trades include 29 puts totaling $1,802,286 and 18 calls totaling $1,302,484. Analysts have mixed ratings on PLTR, with price targets ranging from $21 to $35.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 6:49 pm

VST

Significant bearish options activity has been detected for Vistra (NYSE:VST), with 72% of the trades being bearish. This unusual activity suggests that large investors are anticipating a potential decline in Vistra's stock price. The stock is currently trading at $72.8, down by 2.14%, and the next earnings report is due in one day.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 6:34 pm

BLBD

Blue Bird (NYSE:BLBD) has seen a significant rise in its short percent of float, increasing by 75.19% since its last report. The company now has 1.93 million shares sold short, which is 6.92% of its float. This is higher than the peer group average of 5.58%. The increase in short interest could indicate bearish sentiment among investors.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 6:00 pm