Opko Health Inc. rose sharply today in trading as the recoup nearly 50% of its losses from September 7th. The stock (Ticker: OPK) slumped sharply this month due to the news that the SEC is investigating an alleged stock price manipulation scheme that affected OPK in addition to other stocks. Numerous class action lawsuits have since been filed on behalf of investors, but traders seem to have concluded that the selloff might be overdone. Here’s what happened.
Scott Bauer joined the IBKR Podcast this week to break down what the softening labor market means, which economic report he thinks has the most potential to move markets, and the one risk he says investors are getting numb to but cannot afford to ignore.
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Scott Bauer joins Business First AM to share why he thinks volatility is not going anywhere and why complacency right now could be a costly mistake.
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Stocks posted a second straight week of gain and the S&P 500 closed above 7,700 for the first time ever earlier this week. The Nasdaq gained over 5% thanks to a bounce-back in chip stocks as the iShares Semiconductor ETF (SOXX) rallied more than 7% this week. The Dow, also had a nice run as all three indexes […]
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Scott Bauer joined the IBKR Podcast this week to break down what moved markets last week and what investors need to watch heading into the next stretch of earnings season. From lagging inflation data to big tech CapEx concerns, Scott did not hold back.
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The Dow rose more than 1% to a record closing high on Thursday ahead of the long holiday weekend as a softer-than-expected U.S. jobs report eased worries about interest rate hikes, while another sharp drop in chipmaker stocks weighed on the Nasdaq. The second half of 2026 kicked off this week much the same as […]
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A renewed sell-off in technology stocks grabbed headlines this week. The Nasdaq index fell 4.5%, closing lower 5 days in a row, led by a large 5.5% decline in the so-called Magnificent 7 mega cap names. Meanwhile, the post IPO exuberance around SpaceX appears to be fading, with shares now down 25% from their peak. […]
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