Drug Stock Cedes Key Trendline

Gold futures logged their fifth straight gain

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Market Recap
 
 

2/19/2020

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Dow Snaps Skid on Positive Coronavirus Developments

By Patrick Martin

Share On

The Dow bounced back with a triple-digit win today, snapping a three-day losing streak in the process. The blue-chip index was propped up by a recovery from Apple (AAPL), while the number of newly confirmed coronavirus cases came in at their lowest level since January. In addition, China's Ministry of Industry and Information Technology said it would be willing to help businesses --such as the airline industry -- that have seen the outbreak disrupt their supply chains. The S&P 500 and Nasdaq both finished higher and nabbed new intraday record highs along the way, with the tech sector in particular, leading the charge. 

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

  • Options traders are targeting these solar stocks.
  • This drug stock breached a key trendline after earnings.
  • Plus, an Apple supplier earnings preview; the streaming name to bet on; and Tesla's big bull note. 
>> Continue reading...
LATEST HEADLINES

>> Options Traders Target Solar Sector
SEDG and SPWR stocks are making double-digit percentage moves
>> Apple Supplier Gears Up for Earnings
OLED earnings are due out tomorrow evening
>> bluebird bio Sinks on Earnings, Application Setback
BLUE has shed 40% over the past 12 months
>> S&P, Nasdaq Hit More Fresh Highs as Tech Recovers
Tesla and Apple are back in the spotlight today
>> Buy the Dip on Roku Stock
ROKU options can be had for a bargain at the moment
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