October 31, 2018

Walgreens Boots Alliance Dissection, Part Two

European stocks advanced overnight, tracking a rebound across Asia, as U.S. futures extended gains on the last day of what’s been one of the nastiest months for equities in years. The S&P 500 is off by 7.9% in October, on track for its worst showing since May 2010. Equity bulls will be hoping this rebound can last in November, though risks are simmering in the background, including upcoming earnings results, the U.S. jobs report and midterm elections.

Source: Seeking Alpha

Click below to watch this video on how we continue to go through our signal in Walgreens Boots Alliance (Ticker: WBA).  Not all signals are simple entries and exits.

Please follow me on Twitter:  @cboesib

about the author:

Scott Bauer

A respected market commentator seen on Bloomberg, Fox Business, CNBC and other major financial networks, Scott Bauer has 25 plus years of professional equity and index options experience at the Chicago Board Options Exchange (CBOE) and Chicago Mercantile Exchange (CME) and as a Vice-President/trader for Goldman Sachs. Scott graduated with Honors from the University of Illinois Business School and has taught classes both at his alma mater and at the CBOE.

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