Economy

An options trade in materials group for when valuations get too rich

Stocks don't go up in a straight line. They can be oversold or a bit extended in the short-term. Such may be the case right now in materials, Mike Khouw says.

Here are 10 things to watch in the stock market Monday

Shares of Eli Lilly and Novo Nordisk jumped in premarket trading after Hims & Hers said that the company will not sell its copycat weight-loss pill.

Wealth manager: Even billionaires worry their kids won't keep jobs in this market

Even billionaires are worried about their children's futures, says Patrick Dwyer, managing director at Miami-based boutique wealth management and planning company Aligned by NewEdge Wealth. Dwyer's ultra-wealthy clients — primarily people who range in net worth from $100 million to over $1 billion — are specifically concerned that their kids, primarily between 22 and 35 years old, won't be able to sustain careers in traditionally stable and lucrative industries.

S&P is already predicting China's property slump will be worse than it expected this year

S&P Global Ratings said China's primary real estate sales will likely drop by 10% to 14% this year, steeper than the decline predicted back in October.

Stocks making the biggest moves midday: Oracle, Cleveland-Cliffs, Kyndryl, Nexstar, Workday, Hims & Hers

These are some of the stocks posting the largest midday moves.

AppLovin's stock pops 14% after short seller CapitalWatch apologizes, retracts report on shareholder

CapitalWatch wrote that its report linking AppLovin shareholder Hao Tang and criminal syndicates was inaccurate.