Episode 126 August 8, 2020
Welcome to The Weekly Option, a weekly program that offers practical trades and discussion for beginners and professionals alike.
It’s always great to hear from listeners. If you have any questions about the trades presented here or about your own positions, feel free to email me.
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The equity markets had a solid move higher this week. We are quickly moving back towards the highs of the US equity markets. The Dow Jones Industrial Average grew 1,005 points this week, closing at 27,433 points on Friday. The S&P 500 Index picked up 80 points this week, ending at 3,351 points.
In this week’s show, we will cover the trades from last week on Intra-Cellular Therapies, Carnival Cruise Lines, and Pinterest.
And we discuss three new trades on Aldeyra Therapeutics, Citigroup, and Micron Technology.
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