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ICYMI, Weekly Stock Market Recap. Sept 10-14

JT001

14-Sep-2018 20:03 PM

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In case you missed this past week market stocks movers news. This is a quick recap.

Monday Dow Jones gapping up 100 points at the opening bell, but end the day down 059.47 points. SPY +0.17%, QQQ +0.34%, IWM +0.12%, IBB +0.17%

  • Tesla Inc (TSLA) rebound up 8.46% to $285.50 after CEO Musk says 'about to have the most amazing quarter in our history'
  • Advanced Micro Devices Inc (AMD) stock rallies up 9.17% with analyst raised price target to $34 from $20 at Wells Fargo
  • Apple Inc  (AAPL) stock down -1.34% concerned on tariffs impact products
  • Acorda Therapeutics Inc (ACOR) -24.50%  patent invalidity appeal denied by the court

Tuesday Dow Jones rises 113.99 points, SPY +0.36%, QQQ +0.77%, IWM +0.15%, IBB -0.42%

  • Amazon.com (AMZN) to sell, ship live Chritrees tress this year, AP reports
  • Tilray Inc (TLRY) Canada-based company focused on medical cannabis research  has gained 274% in two months
  • The Home Depot, Inc (HD)  stock trade higher as East coast prepared for hurricane Florence

Wednesday Dow Jones up +27.86 points with potential US-Chin trade talks

  • Apple Inc (AAPL)  reveal new Appl Watch series 4, the pricing for iPhone XR $749, XS $999, XS max $1,099
  • Vital Therapies Inc (VTL) study failed to meet primary, secondary endpoints
  • Fitbit Inc (FIT) stock down due to Apple watch health features.
  • Galapagos Nv (GLPG) stock up 16.20% after successful clinical data.

Thursday Dow Jones  finished up +147.07 points, SPY +0.59%, IWM +0.02%, QQQ +1.07%, IBB +0.47%. Economic data Federal Budget Balance -214.0B vs -169.8B, Core CPI -0.1%

  • Pivotal Software Inc (PVTL) earnings report Q2 adjusted EPS -6c vs -10c, revenue $164.4M vs $158.22M. Stock down -20.08%
  • Progenics Pharmaceuticals Inc (PGNX) stock down -17.88%, Phase study 1404 meets one co-primary endpoint, misses other.
  • Tilray, Inc (TLRY) stock up another +14.11% momentum mover
  • Nio Inc (NIO) post IPO runner, stock up +75.76%

Friday Dow Jones closed up +8.68 points. Weekly performance for  SPY +1.14%, IWM +0.49%, IBB +0.03%, QQQ +1.59%

  • Best performance for the week are: 3Pea Int'l Inc (TPNL) up +42.24%, Tilray Inc (TLRY) +40.01%, impinji inc (PI) UP +38.22%

Thanks for reading our blogs, stay safe to everyone on the East coast in Hurricane Florence's path.

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