How to Trade Memorial Day Week

The FOMC meeting minutes are set for release later today

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OPENING VIEW     5/22/2019
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Stock Futures Slide on Retail Earnings, Qualcomm Sell-Off By Emma Duncan Share On Futures on the Dow Jones Industrial Average (DJI) are trading below fair value, with a busy day already taking off for investors. Retail stocks are weighing heavy after a slew of disappointing earnings reports, while chip stock Qualcomm (QCOM) is down 10% in electronic trading, after U.S. District Judge Lucy Koh ruled the tech firm used anticompetitive practices that "have strangled competition... and harmed rivals." The Nasdaq-100 Index (NDX) and the S&P 500 Index (SPX) are also eyeing a lower open, as U.S.-China trade tensions linger, and traders await this afternoon's Federal Open Market Committee (FOMC) meeting minutes. Continue reading for more on today's market, including:  The best and worst days to buy stocks after Memorial Day, per Schaeffer's Senior Quantitative Analyst Rocky White. 3 drug stocks seeing unusual options volume.  The small-cap payments stock that caught a hedge-fund boost. Plus, 2 retailers suffering post-earnings pullbacks, and the FAANG stock slammed by Goldman. >> Continue reading...
LATEST HEADLINES
>> When to Buy Stocks Next Week Since 2010, stocks have tended to struggle Memorial Day Week >> Markets Get a Boost as U.S. Softens Huawei Restrictions Tech stocks enjoyed a big rebound today >> 3 Drug Stocks Seeing Unusual Options Trading Today The FDA approved Sesen's request to move manufacturing for its bladder cancer drug >> Hedge Fund Takes Stake In Small-Cap Payments Stock The firm took a 12% stake in the company >> Kroger Put Volume Spikes After Upgrade KR stock is set to snap its longest losing streak since December ADVERTISEMENT $800,000 in Pot Profits... Here's What's NEXT America's No. 1 marijuana investment expert helped his readers collect $74,815... $257,000... and $800,000 on Canadian pot stocks. Now he's targeting a market that's TEN TIMES BIGGER... With one pot stock set to be the biggest stock of 2019. Click here for the story behind the No. 1 pot stock in America.
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