TDOC Calls Hot as Stock Sits Out Sell-Off

All three indexes tanked by of 3% or more

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Market Recap
MARKET RECAP
 
 

3/05/2020

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Stocks Tank as VIX Notches Highest Close in Four Years

By Patrick Martin
Share On

Stocks took a massive hit Thursday, unable to capitalize on yesterday's furious Super Tuesday rally. Wall Street continues to be gripped by coronavirus fears, as countries around the world extend quarantine and travel restrictions. The Dow lost over 969 points by the close, erasing nearly all of yesterday's gains. The S&P 500 and Nasdaq Composite took massive hits as well, with all three indexes logging losses of 3% or more. Elsewhere, the 10-year Treasury yield fell to a new all-time low of 0.9%, while Wall Street's "fear gauge," the Cboe Volatility Index (VIX), notched its highest close since August 2015.

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

  • Options bulls eye more upside for this online healthcare platform.
  • See why Burlington stock bucked the broad market sell-off today.
  • Plus, a real estate stock to watch; AEO can't capitalize on earnings beat; and Virgin Galactic stock extends pullback. 
>> Continue reading...
LATEST HEADLINES
>> This Real Estate Stock Could See Some Serious Upside
Z is outperforming the broadmarket
>> Options Bulls Bet on More Upside for TDOC Stock
Options traders are picking up TDOC calls at an elevated clip today
>> Stocks Extend Losses as Coronavirus Fears Grip Wall Street
COVID-19 fears continue to drive stocks lower
>> Burlington Stock Bounces After Earnings Beat
The retailer's fourth-quarter earnings exceeded analysts' expectations
>> American Eagle Stock Flies Lower Despite Earnings Beat
AEO's 50-day moving average has kept a lid on any rallies since November
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