Traders Ride Drug Stock's Rally

Trading volumes started to thin out during the holiday-shortened week

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MARKET RECAP     11/26/2019
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Dow Hits New High Despite Tepid Trading By Josh Selway Share On Stocks spent most of the day trading in positive territory, with the Dow, S&P 500, and Nasdaq all hitting record highs, though they closed with only modest gains. Retail earnings were again in focus, with mostly favorable reactions, while investors also weighed a batch of lukewarm economic data. Overall, however, it was a somewhat low-volume session on Wall Street, with many traders possibly already stepping away from their desks ahead of Thursday's Thanksgiving Day holiday. Continue reading for more on today's market, including:. How call traders rode the huge rally in in Global Blood Therapeutics. The options market responded quickly to one retailer's weak outlook. Plus, bulls stay on Disney; beverage stock set up for bulls; and 3 stocks with heavy options trading. >> Continue reading...
LATEST HEADLINES
>> Another Disney High Draws Fresh Batch of Bulls The New York Post featured an upbeat article on Disney+ subscriber growth >> Options Traders Blast Tripling Drug Stock CCXI has more than tripled today after upbeat blood disease drug data >> Beverage Stock for Call Buyers to Bet On Short interest has shot 420% higher year-to-date on KDP >> Abercrombie Options Hot as Stock Sinks on Slashed Forecast Abercrombie stock hit a one-month low after a disappointing third-quarter report >> Stocks Muscle to New Highs on Retail Strength Dick's Sporting Goods is one name surging post-earnings Sponsored Do You Own ANY 5G Stocks? CNN calls 5G "the lifeblood of the new economy." If you don't invest now, you'll regret it later. Click here for details on the top 5G stock...
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