Option Bears Blitz Airline Sector

Big gains for the tech sector helped Wall Street pare steep losses

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MARKET RECAP     5/04/2020
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Big Tech Helps Push Stocks into the Black By Lillian Currens Share On The Dow pared a 250-point deficit at its session lows to finish marginally higher in the final minutes of trading. The S&P 500 and Nasdaq also clawed their way into the black, brushing off anxieties over newly bubbling tensions between the U.S. and China, as well as a dismal day for the airline sector. Big tech appears to have saved the day, with Amazon (AMZN), Microsoft (MSFT), and Netflix (NFLX) all notching gains of over 1%. Continue reading for more on today's market, including: Options bears blasted these 2 airline stocks after the sector selloff.  The biotech for bulls this summer.  Plus, another look at Warren Buffet's big announcement; UBER runs into even more trouble, and Constellation Brands ups stake on Canopy Growth.  >> Continue reading...
LATEST HEADLINES
>> Bears Blast Airline Stocks as Sector Sells Off Options bears are targeting AAL and DAL as the air line sector sells off >> Call Traders Take a Bite Out of Apple Stock AAPL sports attractively priced options to boot >> Uber Stock Losing Traction After Lawsuit UBER was turned away at its 80-day moving average >> Target This ETF for the Start of Summer Plus, Inovio's 40-day moving average has had bullish implications in the past >> Disney, U.S.-China Tensions Drag Dow The Dow is down around 200 points midday Sponsored Biggest transfer of Wealth in US history has begun A Maryland multimillionaire says the biggest legal transfer of wealth in American history has just gotten underway--here's #1 step you must take...
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