2 Drug Stocks Squeezing Shorts

Meanwhile, put volume is notably higher than normal on emerging markets ETF EEM

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MIDDAY MARKET CHECK     5/06/2019
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Stocks Battle Trade Headwinds as VIX Spikes By Josh Selway Share On The Dow Jones Industrial Average (DJI) continues to pare its early morning losses, last seen trading near session highs, though the blue-chip index remains deep in the red at midday. Traders are still digesting President Donald Trump's tariff tweets that sparked a sell-off in global markets, as investors again worry about a U.S.-China trade war. While the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) have mirrored the Dow's price action, the Cboe Volatility Index (VIX) is still set for its highest close since March 25 -- catching VIX futures traders off guard yet again. Continue reading for more on today's market, including:  First Solar stock gets another bull note. 2 drug stocks squeezing short sellers. Plus, put traders bet on global weakness; tech stock spikes again; and a drug retailer near the bottom of the Nasdaq.  >> Continue reading...
LATEST HEADLINES
>> Dow Stock Flashing Reliable Buy Signal Again CAT options are attractively priced >> Kraft Heinz Attracts Put Buyers on Plans to Restate Earnings However, KHC shares have erased early losses >> 2 Red-Hot Drug Stocks Squeezing Shorts Axsome Therapeutics is fast-tracking two of its pipeline drugs >> Five Below Stock Pulls Back After Barclays Downgrade The brokerage firm boosted its price target on the retail stock, though >> Bausch Health Stock Bounces After Earnings The drugmaker reported better-than-expected first quarter results and raised its outlook ADVERTISEMENT See how a $50 investment could have turned into $38,660 had you invested in one of the top 25 D1-Z Income Streams. Download this free guide on how to profit from this new investment opportunity. Banks just can't compete with the payout rates many of these can produce. While nothing in the market is guaranteed... there are exceptional gains available. Click here to learn more
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