Episode 40 December 15, 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 market experienced another week of lower prices, finishing a little more than 1% lower. The Dow Jones Industrial Index fell 288 points this week, ending at 24,100 points. The S&P 500 Index closed 33 points lower, ending the week at 2,599 points.
There are 62 publicly traded companies in the US that will announce earnings this week. On Monday we will here from Oracle. On Tuesday, both Fedex and Darden Restaurants will announce quarterly earnings. On Wednesday, retailer Pier 1 Imports and food giant General Mills will announce. On Thursday, Nike and another food giant, Conagra, will announce earnings. And on Friday we will hear from Carmax and Carnival Cruise Lines.
In this week’s show, we will cover the trades from last week on US Natural Gas ETF, S&P 500 ETF, General Motors.
And we discuss three new trades on Pandora Media, Macy’s, and Morgan Stanley.
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