The Real Estate Stock for Options Bulls

Investors cheered reopening announcements and brushed off better-than-expected jobs data

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Market Recap
 
 

5/08/2020

The end of Capitalism as we know it?


A Maryland multimillionaire explains how a new moneymaking era is erupting in America, making many rich--while leaving so many behind...

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Dow Snags Impressive Weekly Win

By Lillian Currens

Share On

It was another day of massive gains for the major indexes today, with the Dow snatching up a roughly 455 point win, as investors wax optimistic that the worst of the coronavirus crash is in the rear view. This sentiment managed to plow right over another devastating round of employment data. Reopening announcements from FAANG names Apple (AAPL) and Alphabet (GOOGL) are also boosting the mood on Wall Street, with S&P 500 and Nasdaq both ending up over 1.6%. For the week, all three indexes finished firmly in the black, while Wall Street's "fear gauge," the Cboe Volatility Index, closed at its lowest point since Feb. 26

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

  • Calls are red-hot on this real estate stock after earnings. 
  • Another travel stock bites the dust. 
  • Plus, COTY prepares for earnings; and 2 auto stocks getting a boost. 

>> Continue reading...
LATEST HEADLINES

>> Coronavirus Claims Wall Street Headlines
The Nasdaq reclaimed its year-to-date breakeven earlier this week
>> Cosmetics Name Steps Up to Earnings Plate
Coty will step into the earnings confessional before the market opens on Monday
>> Call Traders Check in on Zillow Stock After Earnings
ZG announced better-than-expected earnings and revenue
>> Stock Market Forges Higher on Reopening Buzz
The Dow is up over 365 points midday
>> Travel Stock Drops After Earnings Miss
BKNG reported lower-than-expected profits
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