3 Pot Stocks with Options Buzz

Chinese President Xi Jinping said China has a "positive attitude" toward trade talks but is not afraid to "fight back"

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Opening View
 
 

11/22/2019

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Dow Eyes End to Losing Streak on Trade Optimism

By Lillian Currens

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Stock futures are pointing higher today, with the Dow looking to snap its three-day losing streak. Trade optimism is back on the rise after Chinese President Xi Jinping told a visiting U.S. business delegation that Beijing has a "positive attitude" toward the ongoing negotiations, and President Donald Trump said on Fox and Friends that a phase one pact is "potentially very close." Meanwhile, Wall Street is combing over earnings from several retailers today, while anticipating manufacturing purchasing managers index (PMI) data due out later this morning. 

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

  • Options bulls targeted 3 pot stocks on federal marijuana legalization buzz. 
  • Calls popped on commodity stock FCX, despite the stock's drop.
  • Plus, TSLA unveils its Cybertruck, while Nordstrom and Ross Stores post third-quarter earnings beats. 
>> Continue reading...
LATEST HEADLINES

>> Dow Falls for Third Day in a Row
There wasn't much to drive stocks higher today
>> Twitter Stock Pop Draws Fresh Batch of Options Bulls
TWTR is attempting to rebound off its recent lows
>> 3 Pot Stocks Popping on Marijuana Bill Buzz
The bill to legalize marijuana on the federal level in the U.S. was approved in a 24-10 vote by the House Judiciary Committee
>> Foot Locker Stock Options Hot Ahead of Earnings
FL stock's last two earnings reactions were ugly
>> Busy Week for Retail Earnings Ahead of Black Friday
Ambarella, HP, and VMware will also report
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