Options Market Whiffed on This Stock's Rally

MRK and PFE are propping up the Dow today

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Midday Market Check
 
 

10/29/2019

The 5G Stock That Practically NOBODY Knows About... YET


Its partners include AT&T, Verizon, Sprint and T-Mobile.

It owns more than 200 patents.

And analysts say it has "home-run potential."

Yet this 5G superstock trades for only $5 a share.

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Stocks Mixed as Alphabet Earnings Weigh

By Patrick Martin

Share On

The Dow Jones Industrial Average (DJI) is slowly climbing at midday, as Wall Street weighs the latest batch of corporate reports and economic data. The blue-chip index is shaking off an October dip in consumer confidence, and is instead being propped up by encouraging earnings reports from pharmaceutical giants Pfizer (PFE) and Merck (MRK). The S&P 500 Index (SPX) is just off another record intraday high, but the Nasdaq Composite (IXIC) is stuck in the red amid a poorly received earnings update from FAANG giant Alphabet (GOOGL).

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

  • Keybanc sees another blowout Starbucks earnings report coming.
  • The options market whiffed on this stock's earnings reaction.
  • Plus, call traders target ENPH ahead of earnings; GM climbs after an earnings beat; and Amazon Prime weighing on Kroger.

>> Continue reading...
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>> Facebook Call Buyers Bet on a Big Earnings Boom
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The faux meat maker's lock-up period expired
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Analysts have been quick to chime in after GRUB earnings
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U.S. stock futures are trading just below fair value
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