Shake Stock Options All the Rage Today

UnitedHealth (UNH) was a big post-earnings winner today

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MARKET RECAP     1/15/2020
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Three Straight Wins For Dow After Trade Deal Becomes Official By Patrick Martin Share On The Dow locked up a solid win -- and fresh record intraday high -- after the U.S. and China made the "phase one" trade deal official. It was the blue-chip index's third straight win, with UnitedHealth (UNH) a big earnings winner today. The S&P 500 and Nasdaq both hit new record highs, as well. Although the text of the trade deal is yet to be released, Chinese purchases of U.S products will increase, and U.S. tariffs will remain in place until the November 2020 presidential election. Elsewhere, Wall Street got a boost after White House economic advisor Larry Kudlow hinted at more tax cuts later in 2020.  Continue reading for more on today's market, including: Options traders piled on Shake Shack's big breakout. This bank stock wasn't able to take advantage of some overdue bull notes. Plus, another win for PINS; why Target stock fell; and a big FDA nod for CLVS. >> Continue reading...
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