Option Bulls Eye MSFT on Buyout Buzz

The Dow is down over 40 points midday

 ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
Schaeffer's Midday Market Check
3/23/2021
Have you seen our volatility scorecard? Sign up by clicking here!

Stocks Struggle for Direction Ahead of Powell, Yellen Comments


By: Laura McCandless

The Dow Jones Industrial Average (DJI) is down over 40 points midday, as stocks succumb to a bout of profit-taking. The Nasdaq Composite (IXIC) and S&P 500 Index (SPX) have both been struggling for direction amid the one-year anniversary of the pandemic lows. The former was last seen registering modest losses, while the latter is flat. Meanwhile, new home sales data came in much lower than anticipated, with sales occurring at a seasonally adjusted annual rate of 775,000 last month, compared to the 879,000 expected. 

However, all eyes are on the House Financial Services Committee. Investors are awaiting the first joint appearance from Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen, and the economic insight that will come from today's testimony. Ahead of the event, gold prices are on the decline. 

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

  • Microsoft stock makes moves on buyout talks. 
  • DISCA downgraded after long-term rally on the charts. 
  • Plus, Options traders eye a new carbon storage project; DLPN soars on NFT division; and FREQ plummets after trial results. 
Share on Read More...
     

Urgent Wake Up Call to Investors: 2021 Is Surprising Everyone


Freewheeling Millennials are aggressively trading stocks online and showing up the Wall Street pros. It's the start of a massive power grab. Those who are prepared will prosper with 10X gains quickly...Those who don't will get left behind. Don't get caught unprepared.

Go here for all the breaking details. Sponsored


In Case You Missed It...


Warning: Massive Disruption About to Rock Markets


There's a massive disruption that's about to rock the markets. Millions of millennials have "upended the natural order" of things on Wall Street. But many folks are getting taken completely by surprise. Those who are prepared for this massive disruption will prosper... Those who don't will get left behind.

This new critical video reveals what's happening behind the scenes. Sponsored

Want More Minute-to-Minute Updates?

Ranking the most volatile stocks Schaeffer's Volatility Scorecard

Before the market opens Opening View

After the market close Market Recap

Last week's rundown 5 Minute Market Rundown

Analyzing the current market climate Monday Morning Outlook

What's on our CEO's radar this week Chart of the Week

Schaeffer's has a podcast, have you given us a listen?

     

ADVERTISE // CAREERS // SHOP

Be sure to add us to your contacts so you don't miss out on any news! Unsure of how to do that? Follow our instructions located here.

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

5151 Pfeiffer Road
Cincinnati, OH 45242

If you didn't create an account using this email address or no longer wish to receive these emails, please unsusbscribe here.

No comments:

Post a Comment