Bears Blast Sinking Penny Stock

Tech shares are pacing the market sell-off

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MIDDAY MARKET CHECK     12/03/2019
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Stock Losses Accelerate, Dow Eyes Worst Day Since October By Josh Selway Share On Stocks are getting hammered again today, with the Dow Jones Industrial Average (DJI) dropping more than 400 points, to put it on pace for its worst day since early October. The selling comes after President Donald Trump suggested a trade deal with China may not happen until after the 2020 presidential election, while his tariff threats toward France are applying additional pressure. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are falling fast too, with heavy losses piling up in the tech sector, as the Cboe Volatility Index (VIX) makes another double-digit percentage move to the upside. Why option bears were blitzing this penny stock out of the gate. The options indicator nearing extreme levels on Lululemon. Plus, Shopify weeklies popular; 2 healthcare stocks making huge moves. >> Continue reading...
LATEST HEADLINES
>> Schaeffer's Senior VP of Research on Long Calls Schaeffer's Senior V.P. of Research sat down for a long conversation on options >> Plug Power Puts Pop After Common Stock Offering PLUG puts are a hot commodity today >> Call Buying Nears Extreme Levels on Lululemon Peak open interest on LULU is in the weekly 12/6 series >> BOLD Stock Doubles on Astellas Buyout The offer means Astellas is buying Audentes for around $60 per share >> Lyft Stock Drives Lower on Analyst Price-Target Cut LYFT has struggled since its March IPO Sponsored My Top Marijuana Pick Is Booming There's a Maryland company with a program that gives you the guaranteed opportunity to collect checks of $9,974 or more from the legal marijuana boom. Better still, you could make a hefty profit, too. This company is so good at what it does...its value shot up 140% in the last year alone. And it's only getting started. I'll show you why here.
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