Analyst: eSports Stock Could Double

Schaeffer's Market Recap

Trading may not pick up until after Wednesday's Fed decision

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Market Recap
 
 

3/18/2019

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Dow Manages a Win Ahead of Fed

By Josh Selway

Share On

The Dow spent much of the day in negative territory due to more losses out of Boeing, but the blue-chip index managed to reverse higher by the close, extending its win streak to four sessions. The S&P 500 and Nasdaq followed similar paths, with both benchmarks notching modest gains after a wishy-washy session. Chances are high that many traders will take a wait-and-see approach ahead of Wednesday's Fed decision, as tomorrow's economic schedule is also quite bare.

  • The odd options activity around PayPal.
  • A young e-sports stock an analyst thinks can double.
  • What to expect from stocks if the Fed holds rates steady.
  • Plus, 3 reasons to ditch one FAANG stock; the Apple supplier swimming in red ink; and the red-hot biotech that could cool off.
>> Continue reading...
LATEST HEADLINES

>> FedEx Shares Gain Despite Pre-Earnings Bear Note
Analyst sentiment toward FDX is broadly optimistic, despite the dismal price action
>> Analyst: 3 Reasons to Bench This FAANG Stock
Needham downgraded the stock to "hold" from "buy"
>> eSports Stock Gets Bullish Analyst Attention
Northland Capital is bullish on e-sports and Super League Gaming stock
>> How Stocks Perform Before and After Fed Meetings
Wall Street expects the Fed to stand pat on Wednesday
>> Signal Says Buy Options Insurance on This Biotech
The shares are just off a new high, but could cool off soon, if history repeats
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