Why GE Puts Could Pay Off Big

All three benchmarks logged their first weekly loss in a month

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MARKET RECAP     9/20/2019
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Stocks Finish Lower After China Headlines Sour By Patrick Martin Share On The Dow traded in a 268-point range on quadruple-witching expiration, eventually slumping to a triple-digit loss. U.S.-China trade headlines drove today's price action, with stocks initially rising after President Donald Trump revealed a lengthy list of Chinese goods exempt from tariffs. However, the Dow pivoted sharply lower in afternoon trading on news a Chinese trade delegation canceled its visit to U.S. farms in Montana, while Trump told reporters he doesn't need a trade deal with China before next year's presidential election. The S&P 500 and Nasdaq turned lower with the Dow, with all three indexes logging their first weekly loss in a month. Continue reading for more on today's market, including: Why General Electric puts could pay off big. 2 stocks that were on analysts' radar today. Plus, Ferrari options hit high gear; analyst turns cautious on Netflix earnings; and last-minute FIT options activity. >> Continue reading...
LATEST HEADLINES
>> Fitbit Call Options Fly Across the Tape Ahead of Expiration Reports the company could explore a sale are driving FIT higher >> Oil Volatile in Choppy Week for Stocks Oil had its best day in over a decade on Monday >> 2 Stocks Analysts Are Talking About Today Bofa-Merrill Lynch downgraded Xilinx, while Etsy was upgraded at RBC >> Stocks Mixed as Trump Talks Trade Progress The White House ordered sanctions against the Central Bank of Iran >> Ferrari Options Volume Revs Up After the automaker's sharp pullback, one spread trader adjusted a four-legged trade 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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