Stocks on my watchlist for Wednesday


Uptrending Tickers

  • MARA (Marathon Digital Holdings, Inc.) – 8/16/24 29C 1.73
    • Sentiment: Volatile. The sentiment is highly dependent on cryptocurrency trends, particularly Bitcoin prices. Mining profitability and regulatory news are critical factors influencing analyst outlooks
  • BA (The Boeing Company) – 8/16/24 205C 1.72

  • - **Sentiment**: Positive. Recent news on airline orders and deliveries has been favorable. Analysts are also optimistic about Boeing's recovery and technological advancements in aerospace
    
  • M (Macy's, Inc.) – 8/16/24 19C .15

  • - **Sentiment**: Neutral. Recent retail sales numbers and earnings reports are stable, but analysts are cautious due to overall consumer spending trends and competition in the retail sector
    

Downtrending Tickers

  • NVDA (NVIDIA Corporation) – 8/16/24 110P 1.84
    • Sentiment: Positive. Analysts remain bullish on NVIDIA due to strong demand for GPUs and AI technologies. The recent earnings reports show robust growth, driven by advancements in AI and data center segments
  • TSLA (Tesla, Inc.) – 8/16/24 190P 1.72

    • Sentiment: Mixed. While Tesla continues to lead the EV market, recent delivery numbers and regulatory challenges have introduced some uncertainty. Analysts are closely watching Tesla's new product launches and production efficiency improvements
  • SOUN (SoundHound AI, Inc.) – 8/16/24 6P .95

    • Sentiment: Positive. SoundHound is benefiting from the growing interest in AI applications. Partnerships and financial performance are seen as key drivers for future growth
  • AAPL (Apple Inc.) – 8/16/24 215P 1.25

    • Sentiment: Positive. Apple's recent product launches and strong earnings reports continue to bolster confidence. Analysts are also positive on Apple's ecosystem and services revenue growth
  • PLTR (Palantir Technologies Inc.) – 8/16/24 28P 1.87

    • Sentiment: Positive. Recent contract wins and strong earnings have analysts bullish on Palantir. The company's role in big data and analytics continues to be a strong growth area
  • MSFT (Microsoft Corporation) – 7/26/24 435P 1.91

  • - **Sentiment**: Positive. Microsoft's latest earnings and product releases have been well-received. The company's strong market position in cloud services and enterprise solutions continues to drive positive sentiment
    
  • QQQ (Invesco QQQ Trust) – 8/16/24 460P 1.42

  • - **Sentiment**: Positive. The performance of major tech stocks has been strong, reflecting overall market trends favoring the NASDAQ. Analysts are optimistic about continued growth in the tech sector
    
  • CLF (Cleveland-Cliffs Inc.) – 8/9/24 15.5P .64

  • - **Sentiment**: Positive. Developments in the steel industry and commodity prices have been favorable. Financial performance remains strong, driving positive analyst sentiment
    


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