Bulls Bet on Pot Stock's Rebound

A report from the Wall Street Journal said China may have invited the U.S. to continue trade negotiations in Beijing

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11/21/2019

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Stock Futures Tentatively Higher on Latest Trade Headlines

By Lillian Currens

Share On

Stock futures are inching higher this morning, with the Dow signaling a roughly 19-point gain at the open after a new Wall Street Journal report suggested that China invited U.S. officials to its capital to continue trade negotiations during a phone call last week. This follows yesterday's reports that the phase one trade deal may not be reached until next year. Meanwhile, investors are poring over U.S. weekly jobless claims, which were unchanged for the week at a five-month high. Wall Street is also anticipating existing home sales data, which will pop up later today. 

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

  • Options bulls just called the bottom on this sinking pot stock.  
  • This brokerage stock's recent rally may be over, says signal. 
  • Plus, Macy's tanks after earnings; Canopy stock soars on weed legalization hopes; Charles Schwab makes bid for TD Ameritrade. 
>> Continue reading...
LATEST HEADLINES

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>> Options Traders Pile on Sinking Chinese Stock
AT&T options volume has ramped up today, too
>> Options Pop Ahead of Nordstrom Earnings
Nordstrom will post its third-quarter earnings after the close tomorrow
>> E*TRADE Stock's Recent Rally May Be Over
E*TRADE stock just ran into a trendline with bearish implications
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