Red-Hot Chip Stock With Cheap Options

Gold snapped its four day win streak today

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Market Recap
 
 

2/11/2020

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Stocks Give Back Gains Despite Coronavirus Slowdown

By Patrick Martin

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Despite roaring out of the gate for a new record high, the Dow finished marginally lower today. The blue-chip index pared triple-digit gains while investors unpacked the testimony of Fed Chair Jerome Powell, but ultimately pivoted lower later in the day. The S&P 500 and Nasdaq held on to their gains though, both nabbing fresh record closes thanks in part to reports that coronavirus cases in China are slowing.

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

  • Bullish signal says this chip stock has room to run.
  • Hasbro stock brushed off a revenue miss today.
  • Plus, a software stock to target; Mastercard stock's big surge; and the big wireless carrier merger that finally happened. 
>> Continue reading...
LATEST HEADLINES

>> The Trend Minting Millionaires -- But Who Is Really Paying?
Porter Stansberry is making a concerning prediction.
>> Mastercard Stock Notches Fresh Highs on China Bank Approval
Mastercard's joint venture to carry out clearing operations in China was just approved
>> Chip Stock Shows No Signs of Slowing Down
AMD hit a record high earlier today
>> Stocks Snag Even More Record Highs Midday
All three indexes are brushing off coronavirus concerns
>> Tailwinds May be in Store for this Software Stock
Tailwind-inducing upgrades may be ahead
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