Unpacking GME's Post-Earnings Plummet

The Dow is up 68 points midday

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9/09/2021 Have you seen our volatility scorecard? Sign up by clicking here! Stocks Inch Higher as Dow Looks to Snap Skid By: Lillian Currens The Dow Jones Industrial Index (DJI) is up 68 points midday and on track to snap a three-day losing streak. The blue-chip index was comfortably in triple-digits at its session highs, but has since trimmed those gains amid some lingering investor caution. The Nasdaq Composite (IXIC) and S&P 500 Index (SPX) are both struggling for direction, despite this week's jobless claims data, coming in at a better than expected 310,000 figure. An update from Moderna (MRNA) on the development of a combination Covid-19 and flu shot brings good news on the pandemic front, though the economy is far from in the clear. The airline sector is still skittish, with many big names lowering their financial estimates. Continue reading for more on today's market, including:  What went wrong with GameStop stock after earnings.  Macy's stock looks ready to stage a bounce.  Plus, PTON jumps on the athleisure train; upbeat results boost RKLB; and FDA rejects HGEN's Covid-19 drug.  Share on Read More...       The Easy Way to Trade Options Millionaire trader Jeff Clark retired early by trading options using one simple method. For the first time ever he is revealing his method and helping people learn how to put it to use. Click here for full details. Sponsored In Case You Missed It... Time to Buy the Dip in This Gold Stock? A premium-selling strategy may be prudent with KGC Options Traders Bombard Plummeting GameStop Stock GameStop stock is reeling after a wider-than-expected quarterly loss Macy's Stock Bounces on Analyst Bull Note Cowen upgraded Macy's stock to "outperform" Powerful Predictions for 2021 Cut through the market chatter and get positioned to make money in the year ahead. The Three Stock Retirement Blueprint Trader Jeff Clark is on a mission to show every American at or near retirement how easy it is to trade options. His 3-Stock Retirement Blueprint shows you how to trade better than ever before. Click here to learn the names and tickers of these 3 stocks. 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.