Options Bulls, Analysts Cheer Affirm Stock

The Dow is down 149 points midday

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Schaeffer's Midday Market Check
9/10/2021
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Dow Eyes Fifth-Straight Skid, Another Weekly Drop


By: Lillian Currens

The Dow Jones Industrial Index (DJI) is giving up its earlier gains, last seen down 149 points, as investors fail to shake off the economic uncertainty that's blanketed the holiday-shortened week. The S&P 500 Index (SPX) is also slipping, and both indexes are headed for modest weekly losses. The Nasdaq Composite (IXIC), meanwhile, is clinging to gains, but is also looking at a loss for the week. The growth in Covid-19 cases is worrying Wall Street, while hot inflation data is also raising alarm bells. Meanwhile, the Cboe Volatility Index (VIX) is on the rise, and set to log its second-straight weekly win. 

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

  • What sank Zumiez stock after earnings.  
  • Analysts are bombarding Affirm stock with bull notes today. 
  • Plus, options traders cheer ATER's big month; ISEE upgraded; and a drug stock breaches key trendline. 
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