Stocks Hold Gains in Last Day of '18

Trade optimism has the Dow up triple digits

Dec 31, 2018 at 12:02 PM
facebook X logo linkedin

The Dow Jones Industrial Average (DJI) has pared some of its early gains, but was last seen holding in positive territory at midday. While stocks are set to close 2018 in the red for the first time in years, traders today are cheering optimistic tweets about U.S.-China trade relations from President Donald Trump. Meanwhile, reports just surfaced that House Democrats have prepared spending bills to end the government shutdown.

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

  • How Deutsche Bank's chairman helped its stock.
  • The FAANG stock higher on expansion rumors.
  • Plus, options hot on Facebook and Twitter; and two of the biggest movers today.

midday market stats december 31

Facebook, Inc. (NASDAQ:FB) and Twitter Inc (NYSE:TWTR) are both seeing unusual options trading today. It looks like traders in both names are rolling out long call positions. For FB, there's been heavy activity at the February and March 155 calls, with new positions at the latter -- action that goes against the recent put preference. As for TWTR, the 37-strike calls in the same series are seeing similar activity.

One of the best stocks on the Nasdaq is Kewaunee Scientific Corporation (NASDAQ: KEQU), as the shares rally amid strong volume for a second straight session, up 12.9% today at $33.07. There doesn't seem to be any specific news behind the move. Looking back, the healthcare equipment provider hit a fresh low of $22 back on Dec. 12, but is set to take out its 200-day moving average today.

kequ stock chart

One stock trading notably lower today is B&G Foods, Inc. (NYSE:BGS). The shares have dipped 6.5% to trade at $28.01, set for their lowest close since early November. The frozen foods specialist is set to close 2018 down 20%.

Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI