Dow Up Triple Digits; S&P 500 Near Record High

Tailwinds continue to blow on Wall Street

Digital Content Manager
Dec 19, 2023 at 11:48 AM
facebook X logo linkedin

The Dow Jones Industrial Average (DJI) boasts a triple-digit lead this afternoon, and is on its way to nabbing a ninth-straight win alongside the Nasdaq Composite (IXIC). Meanwhile, the S&P 500 Index (SPX) is pacing for its eighth gain in nine sessions, and is now within striking distance of record highs as the Federal Reserve's dovish stance continues to lift Wall Street's spirits.

  • Analyst praise boosts biopharma stock.
  • Plug Power stock moves lower on bear note.
  • Plus, Kenvue stock surges on court ruling; and 2 energy stocks on opposite sides of breakeven.

MMC Stats 1219

Kenvue Inc (NYSE:KVUE) stock is seeing unusual options activity today.  Already, 136,000 calls and 65,000 puts have exchanged hands, volume that is seven times the amount typically seen at this point. Most popular is the April 27 call, where positions are being opened. The equity was last seen up 5.2% at at $22.11, after a court ruled in favor of its painkiller Tylenol. J.P. Morgan Securities also added KVUE to its U.S. analyst focus list, while UBS raised its price objective to $23 from $20. For the quarter, the security is up more than 10%.

Sunnova Energy International Inc (NYSE:NOVA) is one of the best names on the New York Stock Exchange (NYSE) today, up 13.2% at $14.92 at last check. The stock drew an upgrade from Piper Sandler to "overweight" from "neutral," as well as a price-target hike to $26 from $13 -- a roughly 97% premium to its last close. NOVA could close above its 200-day moving average for the first time since July if these gains hold, and is up 41.9% quarter-to-date.

NOVA 200 Day

Diversified Energy Company PLC(NYSE:DEC) stock was last seen down 8.4% at $16.40. The company revealed that members from the U.S. House of Representatives Committee on Energy and Commerce asked for information about its well retirement and emissions policy. 


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