Behind Boeing's Rare Bear Note

Schaeffer's Midday Market Check

A pair of oil tankers were reportedly attacked in the Gulf of Oman

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Midday Market Check
 
 

6/13/2019

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Oil Stocks, Disney Keep Dow Above Water

By Karee Venema

Share On

The Dow Jones Industrial Average (DJI) is higher today on strength in energy shares Chevron (CVX) and Exxon Mobil (XOM). The two oil majors have added 1.2% apiece, as reports of tanker attacks off the coast of Iran spark concerns over a potential supply disruption -- and boost July-dated crude 3.3% to trade at $52.85 per barrel. Walt Disney (DIS) is also creating tailwinds for the Dow, with the stock gaining 2.3%, after Morgan Stanley raised its DIS price target and waxed optimistic on the potential for Disney+ subscriber growth.

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

  • Analysts are in overdrive as Lululemon stock sizzles.
  • Behind this rare bear note for Boeing.
  • Plus, Tyson traders set short-term ceiling; the small-cap stock near the top of the Nasdaq; and why one drugmaker is down 75% today.
>> Continue reading...
LATEST HEADLINES

>> TWTR Stock Stays Above Key Technical Levels Despite Price-Target Cut
Twitter is comfortably above two formerly supportive trendlines
>> Drug Stock Plunges 75% on Devastating Lung Disease Data
The company's key pipeline drug failed to meet its primary goals in a late-stage study
>> Analysts Bend Over Backwards for Lululemon Earnings
The firm reported an earnings beat and hiked its guidance
>> Boeing Picks Up Rare Bear Note
BA options can be had at a bargain
>> Delphi Technologies Stock Gains After New "Buy" Rating
Delphi stock has struggled over the long term
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