XLE Dec 2024 60.000 call
| Previous close | 34.20 |
| Open | 34.20 |
| Bid | 30.35 |
| Ask | 31.25 |
| Strike | 60.00 |
| Expiry date | 2024-12-20 |
| Day's range | 34.20 - 34.20 |
| Contract range | N/A |
| Volume | |
| Open interest | 12 |
- Yahoo Finance Video
Why these 'left-behinds' are the best AI plays: Strategist
As the hype surrounding artificial intelligence continues to captivate markets, investors may seek opportunities beyond the large-cap names that have dominated the spotlight. JPMorgan Asset Management Global Market Strategist Hugh Gimber joins Catalysts to highlight lesser-known AI plays. Gimber acknowledges AI's continued strength but emphasizes that "there is no AI revolution to be had without the infrastructure to support it." He points to the often overlooked "left-behinds" fueling the AI movement as promising investment opportunities. These include data centers, clean power generation, and raw materials, making sectors such as industrials, utilities, and Asian markets well positioned for investors seeking exposure to AI plays. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
- Yahoo Finance Video
Why equities are your 'best opportunity' to beat inflation
The ADP National Employment Report showed private payroll growth slowed in May, signaling a cooling labor market ahead of Friday's jobs report. GDS Wealth Management chief investment officer Glen Smith joins Market Domination to discuss the print and what it means for the Federal Reserve's next interest rate decision. "I think the market is softening a bit as evidenced by the ten-year Treasury coming down, so I think there's going to be some opportunities here going forward in terms of volatility," Smith explains. As inflation continues to be a stressor, he recommends investing in equities as "the best opportunity to beat that inflation number." He points to financials and energy as two attractive sectors in which to invest. When it comes to financials, Smith calls JPMorgan Chase (JPM) the "best breed of bank," as the net interest margin is attractive and lending should pick up when rates fall. On the energy side, he highlights Halliburton (HAL) as a great investment opportunity despite its underperformance. He believes that investors should buy the dip as the company has strong financials and currently sits as one of the largest oil service providers in the world. As inflation continues to put pressure on the economy, Smith believes a rate cut could come in September. Until then, he believes "this is a great time to look at your portfolio. Make sure you're diversified. A lot of allocations have kind of gotten out of whack with [the] 'Magnificent Seven,' everything going on. Make sure you're not over-concentrated in any one sector or stock that might be a little bit speculative at this point." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
- Yahoo Finance Video
Oil prices: Energy markets were expecting 'a gift' from OPEC
Crude oil prices (CL=F, BZ=F) take a dip further following the OPEC+ decision to extend production cuts into 2025 while easing voluntary cuts for its member countries. CIBC Private Wealth US Senior Energy Trader Rebecca Babin likens the oil market to an over-expectant party host: "They [the market] wanted those cuts extended into the end of 2024, and we didn't get the gift. And the market's disappointed. So that was the first kind of reaction lower that we saw on Sunday night into Monday." Babin goes on to describe oil futures' reactions to softening manufacturing data from the ISM. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
