FAANG Stock Surging on Bull Note

The blue-chip index is in recovery mode this afternoon

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Midday Market Check
MIDDAY MARKET CHECK
 
 

3/02/2020

Do you own gold?


See that volume spike? Somebody just decided to buy a LOT of gold. And I think I know why... it's all about a meeting that's scheduled for March 18. If you own gold (even just a few ounces of it) you've got to see what's happening. The big announcement is just days away.

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Dow Surges on Apple, Walmart Outperformance

By Emma Duncan
Share On

The Dow Jones Industrial Average's (DJI) continues to recover from last week's catastrophic selloff, up over 700 points at its intraday peak. The blue-chip index brushed off disappointing data from the ISM manufacturing index, which showed a slowdown due to coronavirus headwinds last month. Meanwhile, Wall Street is eyeing impressive resilience from Apple (AAPL), Merck (MRK), and Walmart (WMT). A lead out of tech also has the Nasdaq Composite (IXIC) sporting its own triple-digit gain midday.

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

  • FAANG stock surging higher on bull note.
  • Analyst waxes optimistic on this software name.
  • Plus, a casino stock with surging options; and the best and worst of the NYSE and Nasdaq.
>> Continue reading...
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Most analysts give Apple a positive outlook
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Now may be the time to sell short-term QQQ put options
>> Dow Futures Languish Below Breakeven
Stocks saw an extremely volatile overnight session, however
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