Dow Higher on U.S.-China Optimism

FAANG stocks Netflix and Amazon are higher today

Digital Content Manager
Jan 7, 2019 at 12:04 PM
facebook X logo linkedin


The Dow Jones Industrial Average (DJI) is moving cautiously higher today, as stocks look to extend Friday's Fed-led rally. U.S.-China trade relations are still in the spotlight, as leaders meet this week to discuss a possible agreement. FAANG stocks Netflix (NFLX) and Amazon (AMZN) are among the notable gainers today, with the former higher after a strong Golden Globes showing, and the latter celebrating upbeat analyst attention. Several healthcare stocks are also in focus, amid the J.P. Morgan Healthcare Conference and following another big pharma merger.

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

  • The penny stock that's doubled today.
  • The streaming service getting slammed with bear notes.
  • Plus, ROKU attracts option bulls; a big software merger; and PG&E suffers another bear gap. 
  • Midday Market Stats Jan 7

    Roku Inc (NASDAQ:ROKU) stock is seeing some action in the options arena, after the streaming service issued well-receive estimates for active fourth-quarter accounts. ROKU has seen roughly 46,000 calls change hands so far today – six times the average intraday pace. Puts are seeing only a fraction of the call options' activity, but are still trading at four times the average clip -- with roughly 17,000 traded so far. Attracting the most attention is the weekly 1/11 40-strike call, with buyers expecting ROKU to extend its run atop the $40 level this week. At last check, Roku shares were up 20.2% at $40.53. 

    Luxoft Holding Inc (NYSE:LXFT) is far and away the best performer on the New York Stock Exchange (NYSE) today, after the software concern agreed to be bought by DXC Technology (DXC) for about $2 billion. LXFT stock was last seen 81% higher to trade at $57.41, just below the per-share bid price of $59.

    PG&E Corporation (NYSE:PCG) is one of the worst stocks on the NYSE today, on concerns over a potential bankruptcy stemming from last year's deadly California wildfires. PCG has suffered dramatically amid fears about its role in the wildfires, and today has come within striking distance of its Nov. 15 low of $17.26. At last check, PCG is down 22.4% to trade at $18.93.

    PCG Chart Jan 7

 

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 C3.ai calls
238.5% GAIN on Oracle calls

 
 
 


 
 

Rainmaker Ads CGI