How to Play the Growth/Value Ratio Reversal

Wall Street is watching Trump's Twitter feed this morning, too

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9/11/2019

The Perfect Income Investment?


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Dow Futures Up After Inflation Data

By Karee Venema

Share On

Dow Jones Industrial Average (DJI) futures are modestly above fair value this morning, after the blue-chip index muscled to a fifth straight win on Tuesday. This comes after China's Finance Ministry unveiled a list of U.S. goods exempt from retaliatory tariffs, including cancer drugs and pesticides. Traders are also eyeing the latest producer price index (PPI), which edged up 0.1% in August, while wholesale inflation rose 0.4%, as well as President Donald Trump's Twitter feed. In addition to tweeting about "Fake News" this morning, the president has also suggested the Fed bring "interest rates down to ZERO, or less."

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

>> Continue reading...
LATEST HEADLINES

>> How to Play a Growth/Value Ratio Reversal
This S&P ratio just surpassed its highest level ever, and some fear a reversal could spell trouble for stocks
>> Dow Nabs Fifth Straight Win While Oil Cools Off
Apple unveiled its latest products earlier today
>> Chesapeake Energy Targeted for Six-Figure Bearish Options Bet
One trader bought to open 39,000 October 1.50 puts
>> Behind 2 Drug Stocks' Huge Moves Higher
Meanwhile, MoneyGram stock just hit an annual high on a new Visa partnership
>> This Chinese Stock Has Cheap Options
The shares are also trading near recent highs
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