Crude Climb Spooks Transocean Bears

The Fed meeting will kick off tomorrow, too

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MARKET RECAP     9/16/2019
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Dow Snaps Win Streak Amid Oil Uncertainty By Patrick Martin Share On The Dow kicked off the week with a triple-digit loss, snapping what was an eight-day winning streak. The big surge in oil prices was the talk of the town, as the Saudi Arabia attacks  -- which create a massive disruption to crude oil production -- had energy stocks soaring, but sparked uncertainty over the impact to the global economy. The S&P 500 and Nasdaq also finished in the red, as Wall Street prepares for the start of the Fed meeting tomorrow. Continue reading for more on today's market, including: Transocean bears were caught off guard by the crude climb.  Options bulls blitzed booming Toll Brothers stock.  This healthcare stock seems ripe for a bearish options trade. Plus, Turtle Beach stock breaking out; FedEx hit with a pre-earnings bear note; and what surging oil prices did to Delta stock. >> Continue reading...
LATEST HEADLINES
>> FedEx Stock Hit With Bear Note Before Earnings J.P. Morgan Securities slashed its December 2020 price target on FDX to $168 >> Turtle Beach Shorts Anxious as Stock Breaks Out HEAR is set to extend its daily win streak to three >> Transocean Call Sellers Hit the Bricks on Oil Surge RIG's aggressive move higher is catching bearish traders off guard >> Exxon, Chevron Shine as Oil Rally Rattles Stocks Cruise ship Carnival is also in the crosshairs as oil prices surge >> Toll Brothers Call Volume Peaks as Stock Climbs TOL stock is headed toward its fifth straight win Sponsored Is this the #1 Pot Stock to invest in for 2019? The stigma of marijuana is on the verge of extinction. The spending worldwide on cannabis in the last couple of years has exceeded $10 billion. While that's good, what's even better is that it's growing at an annual rate north of 27%. We just released a new report on how to claim your slice of this billion-dollar industry. Go Here Now To Learn What The #1 Pot Stock Of 2019 is; plus claim one unadvertised trading bonus for FREE.
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