The $39 Million BMY Options Bet

The S&P topped the key 2,800 level

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MARKET RECAP     3/01/2019
Gold: $5,000 or $700? Gold has zoomed higher in recent years... The big question now is: will gold continue to soar higher or is it ready to plummet? Economist Harry S. Dent Jr. now has indisputable evidence of precisely where gold is heading next. Before you make another gold investment, it's critical you review his latest research. Full details here.
Nasdaq Nabs Longest Weekly Win Streak Since 1999 By Karee Venema Share On Stocks kicked off March on a high note, as traders cheered positive U.S.-China trade headlines. However, a round of dreary economic data, including weak readings on consumer sentiment and U.S. manufacturing -- the latter of which showed factory activity slowed to a level not seen since November 2016 -- kept a lid on gains, as the Dow, S&P 500, and Nasdaq all closed well off their intraday highs. And while the Nasdaq extended its weekly win streak to 10, the longest since 1999, the Dow left its historic streak at nine. Continue reading for more on today's market, including: Why it's time to strike on Square stock. Behind the $39 million Bristol-Myers Squibb options trade. Plus, FAANG buzz sends Kroger lower; Jefferies thinks this retail stock will double; and Ally Financial flashes bullish options signal. >> Continue reading...
LATEST HEADLINES
>> Stocks Put a Bullish Bow on February However, a rare VIX alarm just signaled a potential volatility spike >> Kroger Stock Pivots Lower After Amazon Grocery Report Wall Street is selling Tesla's news >> Big Money Volatility Trader Targets Bristol-Myers Squibb Stock The March 57.50 call and put are BMY's most active options today >> Options Bulls See More Upside for Surging Capri Stock Jefferies reiterated its Street-high CPRI price target earlier >> Play ALLY Stock's Rally While Options are Cheap, Says Signal ALLY just pulled back to a historically bullish trendline ADVERTISEMENT America's #1 economist warns: "Get out of gold now!" Gold has been flat for months... but according to controversial economist, Harry Dent, that's all about to change. It has to do with a terrifying development in the economy right now that could send gold tumbling to $700 at any moment. And he's urging anyone with their retirement tied up in gold to get out now! You can see all the details for yourself right here.
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