Episode 24 August 25, 2018
Welcome to The Weekly Option, a weekly program that offers practical trades and discussion for beginners and professionals alike.
The market had another week of slightly higher prices. The Dow Jones Industrial Index inched higher less than half a percent, ending the week 121 points higher to close at 25,790 points. The S&P 500 also closed just shy of 1%higher, finishing at 2,874 points or 24 points higher.
Nearly 90 publicly traded companies will announce quarterly earnings this week.
On Monday we’ll hear from iHeart Media. On Tuesday H&R Block, Best Buy, and Hewlett Packard will announce. Dicks Sporting Goods will report earnings on Wednesday. On Thursday Campbell Soup, Dollar General, Dollar Tree, Abercrombie and Fitch, and Lululemon Athletica will announce their quarterly earnings.
In this week’s show, we will cover the trades from last week on 3D Systems, the Brazil Index ETF, and the US Oil ETF.
And we discuss three new trades on Pandora Media, Newmont Mining, and Kinder Morgan.
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