Use Long Calls to Trade Enphase Energy

The Dow has now logged back-to-back triple-digit gains

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MARKET RECAP     9/05/2019
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Stocks Surge on U.S.-China Trade Optimism By Patrick Martin Share On The Dow nabbed its second straight triple-digit gain today on renewed trade optimism. Stocks roared out of the gate on U.S.-China trade tailwinds, after representatives from both sides confirmed a tentative early October meeting. This led to the blue-chip index's best single-session percentage gain since Aug. 13, with trade-sensitive Caterpillar (CAT) helping lead the charge. Elsewhere, the S&P 500 and Nasdaq also turned in their best days since mid-August, while Wall Street's "fear gauge" -- the VIX -- earlier fell to its lowest level in over a month. Continue reading for more on today's market, including: Signal says transportation stock has room to run. Lululemon options traders targeted this level ahead of earnings. Buy calls to bet on an Enphase Energy stock bounce. Plus, 2 stocks that slipped after earnings; a biotech bear signal; and behind Mallinckrodt's big collapse. >> Continue reading...
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>> How the 2020 Election Will Affect the U.S. Economy The 2020 election could see some major changes in the American economic system. >> CVS Call Options Double in 24 Hours on Aetna-Related Gap After a judge approved the Aetna merger, the drugstore stock surged >> Options Players Pile on Ahead of LULU Earnings Lululemon will report its second-quarter earnings after the close today >> Transportation Stock Could Have More Room to Run A few reasons options traders may like UNP >> Buy Calls to Bet on an Enphase Energy Bounce ENPH stock is trading near a trendline that's served as a springboard in recent years Sponsored Do You Qualify to Test-Drive a Revolutionary New System that Makes Losing Trades a Thing of the Past? We have decided to open up a completely FREE TRIAL of this system to a small group of people. Please take our brief 30-second survey to see if you qualify. Click Here to Begin Survey
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