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Seeking Alpha 2024-11-15 20:00:56

Catalyst Watch: Nvidia earnings, Microsoft Ignite, crypto confidence, and P&G event

Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Read more about the events that may impact stock prices next week. Monday - November 18 Volatility watch - Spirit Airlines ( SAVE ) heads the list of options trading with high implied volatility amid bankruptcy speculation. The most overbought stocks per their 14-day relative strength index include BILL Holdings Inc ( BILL ), Innodata ( INOD ), and Athena Bitcoin Global ( OTCPK:ABIT ). The most oversold stocks per their 14-day Relative Strength Index include Ardmore Shipping ( ASC ), Torm ( TRMD ), Scorpio Tankers ( STNG ). Short interest is elevated on MicroVision ( MVIS ) and FuelCell Energy ( FCEL ). All week - The strong rally in cryptocurrencies and crypto-related stock will get a test during the week to see if the post-election enthusiasm can sustain. Traders have looked beyond bitcoin ( BTC-USD ) and ether ( ETH-USD ) to altcoins such as Pepe ( PEPE-USD ), dogecoin ( DOGE-USD ), near ( NEAR-USD ), cardano ( ADA-USD ), and sui ( SUI-USD ). Crypto-related stocks of interest include MicroStrategy ( MSTR ), MARA Holdings ( MARA ), Riot Platforms ( RIOT ), Hut 8 ( HUT ), Bakkt Holdings ( BKKT ), Galaxy Digital Holdings ( OTCPK:BRPHF ), and Bit Digital ( BTBT ). Earnings watch - Notable companies due to report include Trip.com ( TCOM ), BellRing Brands ( BRBR ), and Brady ( BRC ). All day - The two-day G20 summit will begin in Rio de Janeiro, Brazil. All day - The two-day Stifel Healthcare Conference will include participation from a large number of companies in the healthcare sector, including Johnson & Johnson ( JNJ ), Editas Medicine ( EDIT ), Merus N.V. ( MRUS ), Qiagen ( QGEN ), and Ionis Pharmaceuticals ( IONS ) to name a few. 10:00 a.m. Chicago Federal Reserve Bank President Austan Goolsbee will give welcome remarks before the Financial Markets Group Fall Conference hosted by the Federal Reserve Bank of Chicago. 10:15 a.m. Fortinet ( FTNT ) will hold an Analyst Day event on the 15th anniversary of the company's IPO. Bank of America expects Fortinet will give long-term guidance ahead of expectations.

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