S&P 500 Plunges, Growth Stocks Rise
This is a Robinhood news story, published by Investor's Business Daily, that relates primarily to Jabil news.
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few other earnings powerhousesInvestor's Business Daily
•Stocks that hold up well during Wednesday's market rout: Palantir, Toast, Duolingo
78% Informative
Palantir, Toast, Robinhood , Duolingo and Robinhood are among the mainstays in the IBD 50.
The S&P 500 plunged through its 50-day moving average Wednesday , falling nearly 3% in very heavy volume.
Jabil ( JBL ) came off highs with the broad market Wednesday , but shares rallied 7% .
Micron ( MU ) reported another quarter of strong top-line growth but guided revenue for the February-ended quarter well below expectations.
Avoid extended stocks that are too far past proper entry points.
A call option is a bullish bet on a stock; put options are bearish bets.
One call option contract gives the holder the right to buy 100 shares of a stock at a specified level.
Near-term expiration dates will have cheaper premiums than those further out.
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