Larry Benedict News Today

These are how technical experts view the charts of companies like Meta and Alphabet after their earnings reports this week.

The Opportunistic Trader ETF, trading under the ticker "WZRD," launched on Wednesday and quickly surpassed $15 million in assets.

* "Unfortunately, I have a feeling that what the government has done so far has not quite worked."You have a single bank that has very specific problems, but thats affecting other banks," as bank failures challenged confidence in the financial system, he said.

U.S., Europe in bank turbulence, triggering fears globally-

GLOBALink | U.S. analyst says Feds aggressive rate hike hurts SVB-

American Axle & Manufacturing Holdings, Inc. (NYSE:AXL - Get Rating) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 3,200,000 shares, a drop of 16.9% from the November 30th total of 3,850,000 shares. Approximately 2.9% of the company's shares are short sold. Based on an average daily trading volume, of 1,440,000 shares, the days-to-cover ratio is presently 2.2 days.

Duke Energy Co. (NYSE:DUK - Get Rating) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 7,930,000 shares, a growth of 11.5% from the November 30th total of 7,110,000 shares. Currently, 1.0% of the shares of the company are short sold. Based on an average trading volume of 3,430,000 shares, the days-to-cover ratio is currently 2.3 days.

Economic Watch: Downside risks remain after Wall Streets worst year since 2008-

Reinsurance Group of America, Incorporated (NYSE:RGA - Get Rating) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totalling 491,100 shares, a drop of 36.5% from the November 30th total of 773,300 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average daily volume of 465,600 shares, the days-to-cover ratio is currently 1.1 days.

Economic Watch: Wall Street slumps on recession fears, more volatility expected-