Why Traders Went After Pinterest

Fellow blue chip Walmart is also adding to the bearish backdrop

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OPENING VIEW     2/18/2020
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Stock Futures Eye Lower Open on Apple Warning By Emma Duncan Share On U.S. stock futures are signaling a lower open, as traders digest an underwhelming earnings report out of Walmart (WMT), and news from Apple (AAPL) that coronavirus headwinds will cause its second-quarter revenue to come in lower than expected. This latter update is set to weigh on the broader technology sector, with chip stocks in particular struggling in pre-market activity. In response, the Dow Jones Industrial Average (DJI) is looking at a triple-digit decline at the open, with the Nasdaq-100 Index (NDX) and S&P 500 Index (SPX) setting up for weak opens, as well. Continue reading for more on today's market, including:  The Facebook buzz that drove traders to Pinterest. Inside the mechanics of entering an option trade. Plus, HSBC's $100 billion cut; Buffett's latest bet; and the retailer down on bankruptcy buzz.   >> Continue reading...
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