Dow Hovers Near Breakeven as S&P, Nasdaq Hit Records

FedEx's earnings release has been a sap on trading

Dec 18, 2019 at 12:01 PM
facebook X logo linkedin


U.S. stocks are basically flat today, though the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) managed to tag record highs in early trading. The Dow Jones Industrial Average (DJI), meanwhile, is holding just below its own all-time peak, as traders consider poor corporate earnings and impeachment headlines from Capitol Hill ahead of tonight's House vote. Even so, the major indexes are still in good shape to extend their daily win streaks to six.

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

midday stats dec 18

One name seeing unusual options trading is Camping World Holdings Inc (NYSE:CWH), as traders seemingly buy to open the December 15 call, by far the most popular contract today. More than, 10,500 of these options have changed hands so far, compared to just 2,300 at the next most popular. Those buying the calls are expecting CWH shares to move above $15 in the next two days, with the contracts set to expire at the close this Friday. After spiking to the highest point since May earlier, the stock was last seen slightly lower at $13.90.

camping world dec 18

One of the best stocks today is Tesla Inc (NASDAQ:TSLA), with the shares up 2.2% at $387.14, and earlier hitting a two-year high of $388.15. This is just more of the same for the electric automaker, which has watched its stock gain almost 71% in the past six months.

Another winner today is Voya Financial Inc (NYSE:VOYA). The financial stock earlier hit an all-time high of $63.37, adding 7.5% at last check to trade at $62.96. This price action comes after the company agreed to sell some of its businesses to Resolution Life for around $1.25 billion.

 

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