Scoop Up Calls on This Defense Stock

The Dow spent most of the session higher before staging a retreat

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Market Recap
 
 

6/21/2019

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Stocks Slip in Late-Day Selling, But Log Big Weekly Wins

By Patrick Martin

Share On

It was a relatively quiet end to a busy week on Wall Street. The Dow spent most of the session in the black, with help from outperforming energy stocks, and even came within a chip-shot of record highs. However, an eleventh-hour sell-off prevented the blue-chip index from a fifth straight win, and sent the S&P 500 pulling back from all-time-high territory. Nevertheless, the major market indexes logged their third straight weekly wins, amid escalating expectations for a Fed rate cut next month. Looking ahead, investors will watch U.S.-China trade relations ahead of next weekend's G-20 summit, with Vice President Mike Pence touting "positive signs" on trade.

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

  • History says scoop up calls on this defense stock
  • This company is reportedly going all-in on blockchain.
  • Plus, earnings previews for Micron and FedEx; and an undervalued drug stock. 
>> Continue reading...
LATEST HEADLINES

>> Banner Week for Stocks as Fed Takes Center Stage
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Overstock.com is going to focus only on blockchain
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Sea's Garena division is expected to launch Call of Duty: Mobile in 3Q
>> Options Bulls Circle as Analysts Cut Micron Price Targets
The attention comes ahead of Micron's upcoming earnings report
>> Options Traders Gear Up for FedEx Earnings
FedEx stock has had a volatile year on the charts
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