This FAANG Partner Could Fall 85%

The sell-off was sparked by fears of an escalating trade war between the U.S. and China

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MARKET RECAP     5/07/2019
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Dow Suffers Worst Day Since January On Trade Conflict By Lillian Currens Share On The Dow dove deep into the red today, ending with a loss of more than 470 points, as traders brace for increased tariffs on $200 billion in Chinese goods. Specifically, should the two countries not reach a trade deal, U.S. Trade Representative Robert Lighthizer said the U.S. will hike tariffs on Friday, May 10, echoing a weekend threat from President Donald Trump. The dip marks the index's steepest one-day loss since early January, with the S&P and Nasdaq suffering their worst sessions since March 22.  Continue reading for more on today's market, including: Spruce Capital: This FAANG partner could fall 85%.  The seven-figure options bet on 3M stock.  This pharma stock plummeted on a rival's FDA nod.  Plus, GLUU stock on sale; a bear signal just flashed for one car stock; and options bulls are all-in ahead of Etsy earnings.  >> Continue reading...
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