Episode 38 December 1, 2018
Welcome to The Weekly Option, a weekly program that offers practical trades and discussion for beginners and professionals alike.
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The equity markets finished the week stronger, with the S&P 500 leading the charge. The Index was up 127 points, nearly 5% this week, finishing at 2,760 points. Of course, that really just offsets the significant drop it had last week. The Dow Jones Industrial Average rose 252 points, ending the week at 25,538 points. That a nearly 1% move higher on the week for the Dow.
There are 99 publicly traded companies announcing earnings this week in the US. On Tuesday we will hear earnings reports from Toll Brothers and Dollar General. On Wednesday, American Eagle, Lululemon, Lands End, and H&R Block will all announce. On Thursday we will hear from Kroger and on Friday Vail resorts will report quarterly earnings.
In this week’s show, we will cover the trades from last week on Foot Locker, Wells Fargo, Facebook.
And we discuss three new trades on Urban Outfitters, Best Buy, E&P Oil and Gas Services ETF.
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