History Says Hop Off Harley-Davidson

Schaeffer's Market Recap

A busy week of corporate earnings season is underway

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Market Recap
 
 

4/22/2019

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Stocks Close Mixed; Oil, Boeing in Focus

By Emma Duncan

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Stocks closed mixed in today's trading. The Dow chalked up a loss, after heavyweight Boeing (BA) stock dropped on a critical New York Times report. Losses were limited, though, as blue-chip energy stocks Exxon Mobil (XOM) and Chevron (CVX) surged with oil prices, after Secretary of State Mike Pompeo tweeted the U.S. will make no exceptions on waiving sanctions for Iranian oil imports. Against this backdrop, the S&P 500 closed above breakeven, while the Nasdaq eked out a modest gain ahead of an onslaught of corporate earnings reports due out this week.

Continue reading for more on today's market, including:

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LATEST HEADLINES

>> Mattel Stock Sinks on Scathing Short Seller Note
MDSO and KEG are boasting big gains in today's trading, though
>> Options Bulls Stick With Boeing Ahead of Earnings
Boeing will report earnings before the open on Wednesday
>> History Says Hop Off Harley-Davidson Before Earnings
HOG options are pricing in a bigger-than-usual reaction
>> Downgrade Drives Dillard's Stock Lower
Spotify is another stock lower on bearish analyst attention
>> Twitter, Snap Options Bulls Busy Before Earnings
Both social media stocks tend to make big post-earnings moves
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