Reply To: Traders Market Weekly: Embrace the Chaos in 2023

#49638
Truman
Participant

All week – Data reports that traders with be watching for are latest pricing updates on paper and containerboard.
All week – Futures contracts that expire during the week include the January contract for crude oil and various Treasury contracts. The expirations can lead to more volatility.

Monday – December 19

Volatility watch

Options trading volume has moved higher on Sea Limited (SE) and Zoom Video Communications (ZM) over the last week.

Short interest has pushed up on Blink Charging (BLNK) again.

Rocket Lab (RKLB) with the company’s first-ever mission from U.S. soil scheduled to launch from NASA’s Wallops Island facility in Virginia on December 18. While the California-based company has been launching small satellites to orbit from New Zealand since 2018, a successful U.S. launch could attract more attention to the stock.

Investors will also be watching Tesla (TSLA) closely to see if the electric vehicle stock can find a bottom following its 62% YTD slide.

Earnings watch – Notable companies due to report include Heico (HEI) and Steelcase (SCS).