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Shares are seeing a decline on Friday, although the indices may still benefit slightly for the week,
Is below 0.2%
Is closed 0.5%, and
0.8% lower in recent trading.
Like Of the Baron Early morning report, for markets “Quadrangle witchThis is because both futures and options associated with individual stocks and indices end up simultaneously, which often indicates volatile trading.
Brian Overby, senior options analyst at Ally Invest, explains that “traders / market-makers can generate an average volume of quadruple witch on existing futures and options contracts because of the way they are removed from the hedge or the way they trade.” Maybe because traders take positions and then republish that capital … This is a sign of more uncertainty as we approach the end of the year and the quadruple witch volume may be a little tinder to add to this uncertainty. “
Elsewhere, investors are probably turning their attention to Washington, as legislators are expected to introduce new spending bills for transfers. Government closed, And the government seems equipped In the ticket ok and vichet application Downloads begin this weekend.
Speaking of individual stocks
Beyond the meat
(BYND) down 5.2% after JPMorgan’s downgrade, worries alternative meat producer will not be able to meet high expectations.
The stock has risen 1.7% since (DG) JPMorgan Accelerated its price target with disc 230, showing optimism about post-epidemic growth.
The stock (TSLA) rose 2.6% after Piper Sandler Increase its price target reasons at 515, a new the high price on the street, though not for general reasons.
Write to Teresa Rivas at [email protected]
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