SIRI - Catalyst Watch: Spotlight on FedEx Nike Micron and gold stocks

2023-12-15 15:10:23 ET

Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week, or the Seeking Alpha earnings calendar for companies due to report.

Monday - December 18

• Volatility watch - Options trading volume is high again on Spirit Airlines ( SAVE ) as traders wait on the result of the Department of Justice trial on blocking the merger with JetBlue Airways ( JBLU ). Sirius XM Holdings ( SIRI ) and Big Lots ( BIG ) both have an elevated level of short positions on them. The most overbought stocks per their 14-day Relative Strength Index are Snap ( SNAP ), Impact Fusion International ( OTCPK:IFUS ), and MBIA ( MBI ). The most oversold stocks per their 14-day Relative Strength Index are ReAlpha Tech ( AIRE ), Ventyx Bio ( VTYX ), and Talon Metals ( OTCPK:TLOFF ). Gold stocks Newmont ( NEM ), Barrick Gold ( GOLD ), Franco-Nevada ( FNV ), Coeur Mining ( CDE ), New Gold ( NGD ), Gold Fields Limited ( GFI ), Sibanye Stillwater Limited ( SBSW ), and i-80 Gold Corp. ( IAUX ) are some of the sector names on watch for more volatility.
• Earnings watch - Notable companies due to report include HEICO ( HEI ).
• All day - The Bank of America Hydrogen Conference will include presentations by Plug Power ( PLUG ) and CF Industries ( CF ).

For further details see: