This Pharma Stock's Rally Could Have Legs

Stocks struggled to gain momentum today

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Market Recap
 
 

12/10/2019

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Dow Drifts Lower as Trade Deadline Looms

By Lillian Currens

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The Dow explored a 145-point trading range today, before settling south of breakeven, as Wall Street proceeded with caution ahead the Dec. 15 deadline when the U.S. is expected to lift tariffs on some Chinese goods. A report from The Wall Street Journal indicated that these looming tariffs could be delayed, even as separate headlines suggested a phase-one trade deal between the two sides may not be reached this week. Elsewhere, traders eyed the start of the Fed's two-day policy meeting, which kicked off today, though the central bank is expected to hold steady on interest rates. 

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

  • This pharma stock's rally could have legs, if history is any indicator. 
  • Options bulls see a strong finish to 2019 for Comcast stock. 
  •  Plus, INFO could head even higher; this FAANG stock was downgraded again; and SFIX enters the earnings arena. 
>> Continue reading...
LATEST HEADLINES

>> Broadcom Stock Set to Close Huge Decade Near Record Highs
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>> Signal Says Drug Stock Not Done Climbing
The drug stock is ripe for a short squeeze, too
>> Call Buyers Active as Comcast Tests Key Trendline
Options bulls have blasted CMCSA stock in recent weeks
>> Analytics Name Set to Surge Even Higher
INFO has added almost 54% in 2019
>> Dow Flat Again as Trade Buzz Does Nothing for Stocks
Traders are shrugging off this morning's trade "update"
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