Why Options Players Are Swarming Draft Kings Stock

The Dow fell 323 points on Monday

 ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
Schaeffer's Market Recap
10/04/2021
Have you seen our volatility scorecard? Sign up by clicking here!

Stocks Spiral as Tech Selloff Grips Wall Street


By: Lillian Currens

Stocks spent most of the day wallowing in red ink, as investors once again circled out of tech -- thanks to the rising 10-year Treasury yield --.and anxiously eyed inflation pressures. Among the tech laggards, FAANG name Facebook (FB) was walloped by news that a whistleblower has accused the company of a "betrayal of democracy," after revealing her identity on Sunday. Separately, the platform, along with FB-owned Instagram and WhatsApp, is suffering its worst outage since 2008. As a result, the Dow lost 323 points, while the Nasdaq logged a triple-digit loss. The broader-market S&P 500 notched a sizable daily drop as well.

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

  • The sports betting stock that's seen a surge in call trading. 
  • Why you shouldn't sweat CarMax stock's post-earnings pullback
  • Plus, MRVL's promising technical setup; XENE nabs record highs; and the sporting goods stock ripe for a short squeeze.
Share on Read More...
     

The Power of Artificial Intelligence


The best way to understand the power of VantagePoint's Artificial Intelligence is to experience it in action. Learn how you could leverage the power of AI in your trading.

Request your live training. FREE. Sponsored


In Case You Missed It...


Investor Alert: EV Initiatives Create Unsustainable Demand For Lithium


The soaring demand for lithium is driven by worldwide demand for electric vehicles (EVs). Lithium is ideal for electric cars. It's lightweight, stores lots of energy and is rechargeable. Sales of EVs are expected to increase 10-fold by 2030 and estimates are that 1 in 2 cars sold will be electric by 2040.

See how EV demand could create new lithium investment opportunities for you. Sponsored

Want More Minute-to-Minute Updates?

Ranking the most volatile stocks Schaeffer's Volatility Scorecard

Before the market opens Opening View

Midday check-in Midday Market Check

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