Weekly Roundup: Stories Impacting the Markets

It was quite the busy week in the markets. Saudi Arabia's oil facilities were attacked sending oil prices soaring Monday, before they quickly came back down Tuesday. WeWork abandoned their IPO plans, The Federal Reserve's cut interest rates 25 basis points, and we got strong numbers in the housing market. Additionally, the streaming wars continued to heat up and we had another week of earnings, including from the rare back-to-back RealMoney Stock of the Day FedEx (FDX - Get Report) .

But don't worry investors, we've got you covered.

ActionAlertsPLUS Research Analyst Zev Fima sat down with:

  • Tony Owusu, Breaking News Reporter for TheStreet
  • Bob Lang, Co-manager of the Trifecta portfolio, Real Money contributor, and founder of explosiveoptions.net
  • And Jeff Marks, Senior Portfolio Analyst for ActionAlertsPLUS

They broke down what the implications of the attack on Saudi Arabia are for the oil and defense industry.

They also looked into what went wrong with the failed WeWrok IPO and what investors are looking for from companies going public in today's market.

Later on in the show, our panelists explain why Fed Chairman Jerome Powell made the right decision cutting interest rates as much as he did and what the strong housing numbers mean for the economy and the consumer.

There was also more news in streaming.

Comcast (CMCSA - Get Report) announced that their new streaming service will be called Peacock. The company also announced that there OTT device, Xfinity Flex, will be given to internet-only customers for free sending shares of Roku (ROKU - Get Report)  down. Also this week Netflix (NFLX - Get Report) secured the rights to Seinfeld starting in 2021 for 5 years.

Lastly, our panelists broke down FedEx's earnings release.

Watch the video above for all the analysis you need on the biggest stories of the week and what you need to know for the week ahead!

For in-depth advice on portfolio management get over to  ActionAlertsPLUS.com or Trifecta Stocks. And be sure to get over to RealMoney.com for all types of trading strategies.
 
A little about today's host: