Analyst: Small-Cap Can Triple

Schaeffer's Market Recap

A potential recession was the talk of Wall Street today

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Market Recap
 
 

8/14/2019

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VIX Surges, Trump Tweets During Huge Stock Sell-Off

By Josh Selway

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Growing recession fears sparked heavy selling in stocks today. Traders responded to an inverted yield curve on top of ugly economic data out of China and Germany, sending the Dow to a monstrous 800-point loss. President Donald Trump weighed in on Twitter, calling Fed Chair Jerome Powell "clueless" and saying the Fed raised rates "too much & too fast." The percentage losses were about the same for the S&P 500 and Nasdaq, with bank and tech stocks some of the hardest hit. Meanwhile, gold prices popped and the VIX jumped back above the 20 handle.

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

>> Continue reading...
LATEST HEADLINES

>> Bank Options Pop as Financial Shares Slump
The banking sector is taking a hit after this morning's yield curve inversion
>> 3 Sinking Stocks Seeing Heavy Options Trading
The price action is echoing the panic selling on Wall Street
>> XRT Put Options Popular After Macy's Miss
Traders are expecting new lows for the ETF
>> IOVA Stock Could See Another Massive Rebound
A bullish signal just flashed for IOVA that could have it trading back near its five-year highs
>> Options Traders Take Chance on NVAX Stock After Big Analyst Call
Calls are hot on the small-cap stock
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