2 Financial Stocks for Short-Term Bulls

Stocks spent almost the entire day in positive territory

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Market Recap
 
 

8/08/2019

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Stocks Post Strong Gains as Tech Recovers

By Josh Selway

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Upbeat data out of China got the trading day started on a positive note, and stocks extended their upside throughout the session. By the close, the Dow was up 371 points, erasing a large chunk of its weekly losses. The S&P 500 and Nasdaq followed suit, driven by strong gains in the tech sector, while stabilizing oil prices and Treasury yields also helped the bullish backdrop.

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

  • 2 financial stocks giving bulls an entry point.
  • Why put options popped on Kraft Heinz.
  • Amid global trade tensions, one speculator expects a big move from this Taiwan ETF.  
  • Plus, call traders win big with Tinder parent; AMD options spike; and a pharma stock's FDA win.
>> Continue reading...
LATEST HEADLINES

>> Analyst Sees Big Rally Ahead for This Small-Cap Stock
FRTA stock options traders are targeting even bigger gains
>> Goldman: Buy This Retail Stock Amid the Trade War
The brokerage firm said the company is "one of the least exposed" to tariffs
>> Drug Stock Crushes Shorts After Big FDA Win
Symantec is also near the top of the Nasdaq today
>> Taiwan ETF Options Hot Amid U.S.-China Trade Tensions
EWT has remained unsteady amid U.S.-China trade tension
>> Calls Hot as Chip Stock Eyes Best Day Since January
AMD's new chips will be featured in Google and Twitter data centers
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