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.
- RELATED: Making Two Trades as Oil Jumps Monday
- RELATED: Oil Prices Retreat as Report Suggests Saudi Capacity Could Return 'Within Weeks'
- RELATED: Oil Spikes on Report Saudi Arabia Seeking Crude From Iraq to Support Refineries
- RELATED: The Attack on Saudi Oil Shows Why Driverless Cars Will Never Become Legal
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.
- RELATED: Embattled WeWork Parent Seen Postponing its IPO: Report
- RELATED: Softbank's Deflated Bets on WeWork and Uber Show It Needs a New Vision
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.
- RELATED: Fed Lowers Rates at September FOMC Meeting
- RELATED: NY Fed Runs Third Repo Operation After Rate Cut; Powell Hints At Bond Purchases
- RELATED: Federal Reserve Cuts Rates by Quarter-Point
- RELATED: Housing Starts Surge
- RELATED: Existing Home Sales Rise in August, Topping Expectations
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.
- RELATED: How to Trade Roku Stock After 30% Decline
- RELATED: Roku Tumbles as Comcast Announces Competing, Feature-Rich Streaming Box
- RELATED: To Roku or Not to Roku: Where Does the Selling End?
- RELATED: Roku Unveils New Slate of Streaming Products
- RELATED: Roku Slides Again, This Time on Analyst Sell Recommendation
Lastly, our panelists broke down FedEx's earnings release.
- RELATED: Jim Cramer: FedEx and Adobe Misses Are All About Fierce Competition
- RELATED: FedEx Rival UPS Could Continue to Forge Its Own Way to the Upside
- RELATED: Fedex's Huge Guidance Disappointment -- What Wall Street's Saying
- RELATED: FedEx Drops on Earnings Miss, Downside Guidance
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.