Blue Chip Shakes Off Downgrade

The S&P 500 and Nasdaq are also holding on to midday gains

 ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
Midday Market Check
MIDDAY MARKET CHECK
 
 

4/02/2020

Retire early with this?


The secret to retiring early? Replacing the income you earn from your job. Trading For Income reveals how to potentially generate a full time income from trading. It's yours free. Click here to download it instantly.

unit
Dow Up Triple Digits as Oil Surges

By Jacob Scott
Share On

The Dow Jones Industrial Average (DJI) pared modest morning losses and is currently up over 300 points at midday. The Nasdaq Composite (IXIC) and S&P 500 Index (SPX) are both joining the Dow with respectable gains, the broad-market bump coming despite jobless claims soaring to a record 6.6 million. Energy stocks are in focus today, after President Donald Trump confirmed via Twitter a phone call with Russian President Vladimir Putin and Saudi Crown Prince Mohammad Bin Salman about curbing oil production. At last check, May-dated crude futures were up 21.4% to trade at $24.66 per barrel. 

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

  • Disney stock is shaking off a downgrade.
  • Chewy stock is getting demolished ahead of earnings.
  • Plus, Marvell options bears sniffing around; oil stock breaks out; and TPL topples trendline.
>> Continue reading...
LATEST HEADLINES
>> CHWY Stock Slides Ahead of Earnings
The online pet supply retailer is expected to report earnings after the close this evening
>> Apparel Name Boosted By Earnings Beat
Three analysts have moved their price targets down to $60
>> Black & Decker Withdraws 2020 Guidance, Cuts Non-Essential Staff
Black & Decker said it would reduce any non-essential staff and decided to withdraw its 2020 forecast
>> SHOP Stock Slammed After Withdrawing Guidance
Shopify joined the many businesses withdrawing full-year forecasts on coronavirus uncertainty
>> Disney Stock Gets Bruised After Analyst Downgrade
Guggenheim downgraded DIS to "neutral" from "buy," and cut its price target to $100
Sponsored

If You're Tired of Losing Money By Trading Options...


We're giving you a FREE book called Simple Options Trading for Beginners. Inside you'll discover the simple secret to generating income from options trading - revealed by a 44 year stock market veteran. Click here to receive your free book now

 

To ensure delivery of Schaeffer's Midday Market Check, add us to your contacts! For more information, please visit this link for further instructions.

This email was sent to phanhoa1821960.trader@blogger.com because you are a registered subscriber to Schaeffer's Midday Market Check or have signed up to receive emails from www.schaeffersresearch.com. Don't want to receive Schaeffer's Midday Market Check? You can unsubscribe here.

For more information about our privacy practices, please review our Privacy Policy or our Terms & Conditions.

Have a question, comment or concern? We’ll respond quickest if you call (800) 448-2080, email, or write to:
Schaeffer's Midday Market Check
SCHAEFFER'S MIDDAY MARKET CHECK
Posted by: at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)