Unpacking Palantir's Options Surge

Both the Dow and SPX are still trading near their record highs

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Schaeffer's Opening View
6/08/2021
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Dow, SPX Futures Making Another Run at Records


By: Laura McCandless

Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) futures are struggling for direction ahead of the bell, after both indexes fell short of record highs yesterday.  Nasdaq-100 (NDX) futures, however, are looking to open with a double-digit pop. Elsewhere, after hitting a record the previous month, the U.S. trade deficit narrowed 8.2% to a better-than-expected $68.9 billion in April. Gold prices have moved higher after the data.

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

  • Options bulls have been targeting this software name
  • Behind Workhorse stock's recent pop. 
  • Plus, SFIX surges after quarterly report; Tesla stock jumps on vehicle data; and FSLY dips after site outages. 
Share on Read More...
     

"Penny Trade" Pays Warren Buffett as much as an extraordinary 4,429%?


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This could Trigger the Devaluation of the U.S. Dollar


The U.S. dollar is in free fall and many analysts are predicting the crash will continue under the current president, and banks across the country are already preparing. The agency that regulates all banks in the U.S. issued this new rule that will change everything.

Click here to see what's happening to our banking system and how to prepare. Sponsored

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