DIA Jan 2020 270.000 put

OPR - OPR Delayed Price. Currency in USD
8.80
0.00 (0.00%)
As of 3:54PM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close8.80
Open8.16
Bid0.00
Ask0.00
Strike270.00
Expire Date2020-01-17
Day's Range7.95 - 8.80
Contract RangeN/A
Volume82
Open InterestN/A
  • Stock Market Today: Breakout or Breakdown for Bitcoin?
    InvestorPlace

    Stock Market Today: Breakout or Breakdown for Bitcoin?

    It was a very quiet day in the stock market today, with the S&P 500 and Dow Jones Industrial Average finishing close to flat on Thursday.The SPDR S&P 500 ETF (NYSEARCA:SPY) fell 1 basis point, the SPDR Dow Jones Industrial Average (NYSEARCA:DIA) dropped 0.2% and the PowerShares QQQ ETF (NASDAQ:QQQ) rallied almost 0.2%.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWe've had a lot of news to digest lately, even though the stock market continues to chop around close to its high. The SPY ETF actually made a new all-time high on Thursday, albeit briefly.However, we've now seen significant moves in bonds, gold, high-growth tech stocks and have seen the S&P 500 break out of its August trading range. Further, investors heard from the Federal Reserve on Wednesday that it will cut interest rates. To top it all off, U.S.-China trade war headline risks are still possible.It's been a complex couple of weeks. It also has some investors wondering what asset class will make the next big move. Will it be bitcoin? Breakout or Breakdown for Bitcoin?Bitcoin bounced hard off its $9,600 lows today, but the charts do not look all that great. The cryptocurrency is below most of its major moving averages, with the exception of the 200-day. Worse though, it's making a series of lower highs as resistance squeezes it against support down near $9,360.This pattern is known as a descending triangle, a bearish technical setup where investors are looking for resistance to break the asset price below support. In this case, a break below $9,360 support could send bitcoin down to its 200-day moving average, currently near $8,000. * 8 Dividend Stocks to Buy for a Recession If bitcoin can hurdles its 20-day, 50-day and 100-day moving averages, as well as downtrend resistance -- which would require a move north of $10,500 presently -- then we have a breakout on our hands.The best setup for investors may be to wait and see which one comes first, and then place their respective trades. That's opposed to guessing whether it will breakout or breakdown.Investors can also trade bitcoin via the Grayscale Bitcoin Trust (OTCMKTS:GBTC), shown below. Movers in the Stock Market TodayMicrosoft (NASDAQ:MSFT) stock hit new all-time highs after the company announced a $40 billion buyback plan and upped its dividend by 11% to 51 cents per share. While the payout remains stubbornly low -- yielding just under 1.5% -- keep in mind that MSFT stock is up nearly 150% over the past three years. In 2019 alone, it's up about 25%.It continues to lead mega-cap tech in market cap too, now trading with a $1.1 trillion valuation.Tesla's (NASDAQ:TSLA) Model 3 received the top safety rating from the Insurance Institute of Highway Safety. That's the first of Tesla's four vehicles to receive the designation, if we're including the original Roadster.Airbnb says the company will go public in 2020 after earlier announcing that it generated $2 billion in revenue in the second quarter. While there were rumblings of a 2019 IPO at one point, there's little surprise this one isn't coming this year. The lackluster response from the public for Uber (NYSE:UBER), Lyft (NASDAQ:LYFT), Slack (NYSE:WORK) and certainly We didn't help matters.Roku (NASDAQ:ROKU) tumbled more than 13% on Wednesday and was set for another nauseating run on Thursday. In pre-market trading, shares were down more than 5% at one point. However, after the company announced several new streaming products, shares ended the day higher, climbing 3% on Thursday. Let's see if the recent lows can stick. Otherwise, this may just be a dead-cat bounce before more lows are made. Splitting Up?According to reports, AT&T (NYSE:T) is reportedly weighing whether to divest its DirecTV unit. This could come via spinoff or potentially a combination with Dish Network (NASDAQ:DISH). AT&T acquired the asset in 2015 for nearly $50 billion.The asset generates solid cash flow for AT&T, but with its bloated balance sheet and the continual loss of subscribers due to cord-cutting, DirecTV is a business that investors bemoan. AT&T has since said it's not considering the move, but shares still rallied roughly 1% on the day.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long ROKU and T. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 Dividend Stocks to Buy for a Recession * 10 Companies Making Their CEOs Rich * The 7 Best S&P 500 Stocks of 2019 So Far The post Stock Market Today: Breakout or Breakdown for Bitcoin? appeared first on InvestorPlace.

  • ETF Winners Amid Half-Hearted Response to Fed's Rate Cut
    Zacks

    ETF Winners Amid Half-Hearted Response to Fed's Rate Cut

    These ETF emerged winners as the Fed cut rates by 25 bps in its September meeting.

  • Q2 Deficit Shrinks (A Little); Philly Fed, Jobless Claims Good
    Zacks

    Q2 Deficit Shrinks (A Little); Philly Fed, Jobless Claims Good

    The 12-month-long trade war between the U.S. and China has obviously had plenty to do with these extending deficits.

  • Flight to Cash and Utilities Following Fed Announcement
    Investopedia

    Flight to Cash and Utilities Following Fed Announcement

    Markets tipped their hand investors moved to safety. Utilities attracted buyers, with Dominion Energy in the lead.

  • Gundlach Discussed the Fed, Trade Deal, and Gold
    Market Realist

    Gundlach Discussed the Fed, Trade Deal, and Gold

    Gundlach thinks that we’ve already seen a bottom in interest rates for 2019. US Treasury yields have been hitting lows in 2019.

  • Housing Data Stronger than Expected: Starts +12%
    Zacks

    Housing Data Stronger than Expected: Starts +12%

    Housing Starts last month grew 12% to 1.264 million seasonally adjusted, annualized units, well in front of the 4.1% growth expected and 1.260 million units in the consensus estimate.

  • Quiet Market Shows Frayed Nerves Ahead of Fed Statement
    Investopedia

    Quiet Market Shows Frayed Nerves Ahead of Fed Statement

    A narrow trading range combined with an increase in the volatility index as investors appear poised to move money from stocks to bonds.

  • ETF Trends

    Investors Wait on Anticipated Fed Interest Rate Cut

    U.S. markets and stock ETFs regained their footing toward the end of Tuesday after oil prices retreated from a record jump in the prior session and as investors waited on a widely anticipated interest rate cut out of the Federal Reserve Wednesday. On Tuesday, the Invesco QQQ Trust (QQQ) increased 0.5%, SPDR Dow Jones Industrial Average ETF (DIA) rose 0.1% and  SPDR S&P 500 ETF (SPY) was 0.3% higher. The pullback in crude oil prices weighed on sentiment early Tuesday after Saudi Arabia announced output could return more quickly than initially anticipated, the Wall Street Journal reports.

  • Stock Market Today: What to Expect From the Federal Reserve
    InvestorPlace

    Stock Market Today: What to Expect From the Federal Reserve

    It was another relatively quiet session in the stock market today. On Tuesday we saw the SPDR S&P 500 ETF (NYSEARCA:SPY) rally 0.3%, the SPDR Dow Jones Industrial Average (NYSEARCA:DIA) jump 0.2% and the PowerShares QQQ ETF (NASDAQ:QQQ) climb 0.5%.That's as investors try to get positioned ahead of the Federal Reserve's announcement on Wednesday. It doesn't help that there's a quadruple witching day this Friday, one of four throughout the year, as we roll into the fourth quarter.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Assets Moving Ahead of the FedWhile it's been a relatively calm Monday and Tuesday in the equity markets, the same cannot be said about financial markets over the past month.Earlier this month, we had the SPY, DIA and QQQ break out of their choppy trading ranges. Amid that breakout though, we had a deep correction in high-growth tech stocks like Roku (NASDAQ:ROKU), Alteryx (NYSE:AYX), The Trade Desk (NASDAQ:TTD), Veeva Systems (NYSE:VEEV) and many, many others.We recently caught a nice pullback both in gold and bonds after an absolutely explosive rally in the SPDR Gold Shares (NYSEARCA:GLD) and the iShares 20+ Treasury Bond ETF (NASDAQ:TLT). The latter's decline helped spring a potent rebound in bank stocks, by the way.Finally, how could we forget the move in crude oil. Following a drone strike in Saudi Arabia over the weekend, oil prices were skyrocketing. While they have come down off the highs, and with Saudi production expected to come fully back online in the coming weeks, crude is still up about 7.5% from its closing price last week.To say the Fed has a full plate is putting it lightly. What to Expect From the FedThere is now a greater chance of no rate cut on Wednesday than there is of a rate cut. This has not been the norm over the past few days or weeks, mind you.Currently, the Fed Funds futures are pricing in 52.7% probability the Fed does not raise interest rates tomorrow. The other 47.3% probability calls for a 25-basis point cut. Essentially, a coin flip. * 7 Momentum Stocks to Buy On the Dip Just a day ago, the figures stood at 37.7% probability of no cut and 62.3% chance of a cut. A week ago it was even more drastic. Participants were pricing in a greater than 92% chance the Fed cuts rates, with a less than 10% probability of no cut.Finally, a month ago, the market wasn't even pricing in the chances of no cut. Instead, it was expecting a cut of at least 25-basis points, while there was a 22.3% probability of a 50-basis point cut.Sorry for the deluge of statistics, but they underscore how much can change in a relatively short amount of time. It will be interesting to hear what Fed Chair Jerome Powell has to say about the economy and the recent fluctuations in various assets.With unemployment low and stocks near their highs, it's easy to make the case for "no cut." But if that's the course the Fed chooses, it will surely hear from a chorus of dovish detractors -- as well as President Donald Trump. Movers in the Stock Market TodayShopify (NYSE:SHOP) stock fell 2.7% after the company announced a 1.9 million share secondary offering. The deal is for Class A stock that priced at $317.50, raising just over $600 million for the company. The move comes as little surprise given that Shopify stock is still up roughly 140% in 2019 and after its recent $450 million acquisition.Following Disney's (NYSE:DIS) acquisition of Twenty-First Century Fox, the company is getting to work on its balance sheet. Disney is looking to deleverage a bit after digesting that big $71.3 billion deal, tendering more than $4.2 billion worth of notes. It increased its intended purchases as well.Micron (NASDAQ:MU) caught a price target boost from $55 to $65 at Cascend Securities. The analysts maintain a "buy" rating and believe MU has "good value" after evaluating the DRAM market. Shares ended the day higher by 1.4% at $50.84.Oh, and thank goodness the WeWork IPO is being shelved -- at least for a little while. We had some gripes about that one.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long ROKU and TTD. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Momentum Stocks to Buy On the Dip * 7 Dow Titans Breaking Higher * 5 Growth Stocks to Sell as Rates Move Higher The post Stock Market Today: What to Expect From the Federal Reserve appeared first on InvestorPlace.

  • August Productivity Reads Improve Better than Expected
    Zacks

    August Productivity Reads Improve Better than Expected

    Industry Production reached +0.6& and Capacity Utilization posted 77.9% -- both higher reads than expected.

  • ETF Database

    Saudi Attacks, Rising Oil Prices Weigh on US Stock ETFs

    U.S. markets and stock ETFs retreated on a spike in risk-off sentiment, following the weekend attack on Saudi Arabia’s oil facilities that sent crude price surging, but strength in the energy sector helped offset some of the broader selling.

  • Crude Oil Prices Jump Along with Small-Cap Stocks
    Investopedia

    Crude Oil Prices Jump Along with Small-Cap Stocks

    Stocks showed mixed signals as oil prices spiked, with small caps up and large caps down. Investors are fighting risk with risk.

  • ETF Trends

    Saudi Attacks, Surging Oil Prices Weigh on U.S. Stock ETFs

    U.S. markets and stock ETFs retreated on a spike in risk-off sentiment, following the weekend attack on Saudi Arabia’s oil facilities that sent crude price surging, but strength in the energy sector helped ...

  • Small Caps Squeeze Higher as Momentum Unwinds
    Investopedia

    Small Caps Squeeze Higher as Momentum Unwinds

    After a few weeks of data warning about turbulence in the market, big buying returned in a big way, specifically in small caps.

  • Stock Market Today: Don’t Get Me Started on the WeWork IPO
    InvestorPlace

    Stock Market Today: Don’t Get Me Started on the WeWork IPO

    It was another good day in the stock market today, as equities pushed higher in Friday morning trade. It's not hard to see that bulls are getting tired though, as equities faded off their opening highs.The SPDR S&P 500 ETF (NYSEARCA:SPY) fell 0.1%, the SPDR Dow Jones Industrial Average (NYSEARCA:DIA) rallied 0.1% and the PowerShares QQQ ETF (NASDAQ:QQQ) dropped 0.4%.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe rebound in equities has been a continuous story line for investors over the past two weeks. And so have the disastrous developments of the WeWork IPO. What's Up With WeWork?WeWork is a real estate company that provides shared office spaces for startups and other businesses.The idea of WeWork is an excellent alternative to building and office leases, providing startups, potential clients and teams a rich collaborative environment. But that's not how investors are looking at it. In short, they don't trust WeWork.Earlier this year, SoftBank (OTCMKTS:SFTBY) threw money at WeWork, valuing the cash-burning entity at $47 billion after it invested $2 billion. Now? Reports of a continually lower IPO valuation keep circulating. The latest calls for a $10 billion IPO valuation -- a whopping 78% reduction from the valuation it garnered when SoftBank invested -- and that's after SoftBank said the company should shelve its IPO plans.It's just the latest example of another private-equity unicorn garnering a valuation way ahead of its skis and paying the piper in the public market. Uber (NYSE:UBER) and Lyft (NASDAQ:LYFT) paid the price right out the gate, and while it took some time, Slack (NYSE:WORK) is suffering too.Accord to WeWork's U.S. Securities and Exchange Commission Form S-1, the company reported sales of $436 million in 2016, $886 million in 2017 and $1.8 billion in 2018. That's pretty solid growth. However, operating losses have exploded. WeWork had operating losses of $396 million in 2016, $931.8 million in 2017 and $1.7 billion last year.In the first six month of 2019, WeWork has revenue of $1.5 billion and operating losses of $1.4 billion. How is this model sustainable? Further, its structure couldn't be more complicated. Have a look (again, from the S-1):Finally, co-founder and CEO Adam Neumann raises some red flags. For instance, by buying properties and then leasing them back to his own company. Or Neumann being a managing member of an LLC that owned the "We" trademark that then sold said trademark to WeWork when it rebranded as The We Company for a cool $5.9 million.I don't know Neumann personally -- obviously -- but what kind of founder-CEO does this type of stuff? There are 10 pages of disclosures on Neumann in the S-1, who has voting control via a three-class share structure. In June, three former executives launched a lawsuit against We ranging from sexual harassment to age discrimination.Lastly, We saw its lease obligations jump from $34 billion to $47 billion in the first six months of 2019. How's the company going to cover those obligations as its operating losses swell and without free cash flow? What's it going to do when -- not if -- a recession strikes, either in the U.S. or globally, or both?These are serious questions that need serious answers. I'm not trying to dog on We, but man, you do not see a pre-IPO show turn into a circus act with a near-80% haircut in valuation without there being some serious flaws.If this company ultimately goes public, be sure to do your due diligence. Movers in the Stock Market TodayOne IPO that's not disappointing investors -- like SmileDirectClub (NASDAQ:SDC) on Thursday -- is Cloudflare (NYSE:NET). Shares jumped 20% on the day, closing at $18. Despite pricing at $15 per share, well above its original $12-$14 range, shares still found a bevy of buyers on Friday.Apple (NASDAQ:AAPL) stock sank 1.9% on Friday, after enjoying strong gains for most of the week. Despite rallying after unveiling its new iPhone, streaming plans and other products on Tuesday, not everyone is on board.One Rosenblatt analyst sees lower demand for the iPhone 11 and argues that sales could disappoint. He has a "sell" rating and Street-low $150 price target. Another analyst from Goldman Sachs says that Apple's plan to offer one year of Apple TV+ for free when customers purchase certain new devices could have a "material negative impact."Finally, one last analyst take is on Disney (NYSE:DIS). Remember, Disney, Netflix (NASDAQ:NFLX) and Roku (NASDAQ:ROKU) all fell when Apple announced its new streaming product.However, analysts at Cowen noted that Disney's strength at the box office this year could make for a very difficult comp next year. To be honest, it's hard to argue that point, but Cowen must still be optimistic, maintaining a $154 price target.Next week we'll hear from the Federal Reserve. Not more than a few weeks ago, the market was pricing in a 100% probability of at least one rate cut. Even on Thursday, the odds stood at about an 89% probability of a rate cut and an 11% chance of no cut. On Friday, the odds of no cut jumped to 20.4%. Hmm.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long DIS and AAPL. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Big IPO Stocks From 2019 to Watch * 7 Discount Retail Stocks to Buy for a Recession * 7 Stocks to Buy Benefiting From Millennial Money The post Stock Market Today: Dona€™t Get Me Started on the WeWork IPO appeared first on InvestorPlace.

  • ETF Trends

    Trade Hopes, Growth Concerns Keep U.S. Stock ETFs in Muted Action

    U.S. markets and stock exchange traded funds meandered on Friday as optimism over progress in the trade war with China was pared down by lingering uncertainty over global growth. On Friday, the  SPDR Dow Jones Industrial Average ETF (DIA) rose 0.2% and  SPDR S&P 500 ETF (SPY) was flat. Global equities have been pushing higher this week on hopes of easing trade tensions between the U.S. and China, along with expectations of looser monetary policies from global central banks, recovering some of the lost ground experienced over a volatile August.

  • Retail Sales & Imports/Exports Reflect Ongoing Trade War
    Zacks

    Retail Sales & Imports/Exports Reflect Ongoing Trade War

    August Retail Sales reached +0.4%, easily surpassing the +0.1% estimate. Imports fell to -0.5% and Exports were -0.6%.

  • Gold Prices: Cramer and Citigroup at Odds about Upside
    Market Realist

    Gold Prices: Cramer and Citigroup at Odds about Upside

    Gold has been benefiting from the US-China trade war. However, some observers, such as Jim Cramer and Citigroup, disagree on what's in store for gold.

  • ETF Trends

    U.S. Stock ETFs Jump on ECB Stimulus, China Trade Talk Hopes

    U.S. markets and stock exchange traded funds rallied Thursday after the European Central Bank revealed its intent to support the Eurozone economy and positive developments on U.S.-China trade. On Thursday, ...

  • Stock Market Today: Small Caps Are Back?
    InvestorPlace

    Stock Market Today: Small Caps Are Back?

    It was another positive day on Wall Street, with stocks closing near their highs on Wednesday. Again, small-cap stocks stole the show in the stock market today.All week, we've been pointing out the outperformance of the Russell 2000. That strength was on display as the iShares Russell 2000 ETF (NYSEARCA:IWM) closed higher by 2%.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat easily outpaced the SPDR S&P 500 ETF (NYSEARCA:SPY) and the SPDR Dow Jones Industrial Average (NYSEARCA:DIA), which rallied 0.7% and 0.9%, respectively. It also topped the 0.9% rally in the PowerShares QQQ ETF (NASDAQ:QQQ).The IWM is now up almost 5% just this week, easily topping the roughly 50 basis appreciation in the S&P 500. The ETF has also seen a few strong days of accumulation, causing some to wonder whether small caps are set to start closing that gap.While the IWM may be coming into some possible resistance, continued momentum could kick-start a breakout. Movers in the Stock Market TodayShares of Apple (NASDAQ:AAPL) barreled to their highest level in about a year, rising 3.2% to $223.59. The move comes on a two-fold catalyst. First, the company introduced its new iPhone and other products set to launch over the next few weeks. Second, the stock was on the cusp of a big breakout, which is taking place now.If only Zscaler (NASDAQ:ZS) could say the same thing. Shares were down 20% on the day, despite the company beating on earnings and revenue expectations. However, the midpoint of management's full-year guidance came up short of consensus estimates for both revenue and earnings. * 10 Stocks to Sell in Market-Cursed September Restoration Hardware (NYSE:RH) initially opened lower, but then jumped 4.8% to new highs. The move comes after the company reported yet another beat-and-raise quarter.Side note: RH and IWM are two stocks on Wednesday's Top Stock Trades column.Dave & Buster's Entertainment (NASDAQ:PLAY) shares fell more than 4% after the company reported earnings. The company beat on earnings, reported in-line revenue and missed on comp store sales results.GameStop (NYSE:GME) took it on the chin, falling more than 10% after the company missed on earnings and revenue estimates, and provided worse-than-expected guidance. The only seemingly good news is that shares rallied hard off the lows and did not make new 52-week lows.Another retailer that's struggling? Forever 21, which is expected to file for bankruptcy as early as this weekend. Heard on the StreetCisco Systems (NASDAQ:CSCO) climbed 1.7% and is looking to reclaim $50 after it was initiated with an "outperform" rating and $60 price target from the analysts at Evercore ISI.Hilton Worldwide Holdings (NYSE:HLT) jumped about 1.7% on the day, closing at $95.21. The move came after Bernstein analysts initiated shares with an "outperform" rating and $108 price target. It implies almost 14% upside from Wednesday's close.Finally, shares of Callaway Golf (NYSE:ELY) were upgraded to "outperform" at Raymond James. The analysts are using a $21 price target, implying more than 10% upside from current levels. That's even after the stock's nearly 26% rally so far this year and 5.5% rally on Wednesday.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell was long AAPL. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Sell in Market-Cursed September * 7 of the Worst IPO Stocks in 2019 * 7 Best Stocks That Crushed It This Earnings Season The post Stock Market Today: Small Caps Are Back? appeared first on InvestorPlace.

  • ETF Trends

    Tech Rally, Looser Monetary Policy Outlook Lift U.S. Stock ETFs

    U.S. markets and stock ETFs climbed Wednesday as technology shares strengthened following Apple’s launch of its latest iPhones and as markets look to supportive central banks. On Wednesday, the Invesco ...

  • PPI Numbers Positive, but Lukewarm
    Zacks

    PPI Numbers Positive, but Lukewarm

    A headline of +0.1% for August is roughly ahead of the breakeven analysts were expecting, and down from the unrevised +0.2% from July.

  • Risk-On Sentiment Resumes
    Investopedia

    Risk-On Sentiment Resumes

    Small caps extended their sharp rally as large caps stagnated. Gold accelerated its pullback, and bond prices also tumbled.

  • ETF Trends

    Global Slowdown Fears Keep Pressure on U.S. Stock ETFs

    Technology stocks were among the hardest hit areas of the market on Tuesday as the sector has come under pressure amid rising anxiety over the U.S.-China trade spate and speculation of a global recession, the Wall Street Journal reports. Weakness out of China weighed on sentiment. China producer prices fell last month at their sharpest rate in three years as the second largest economy in the world deals with a protracted trade war with the U.S., Reuters reports.

  • Stock Market Today: Streaming Wars Are About to Get Real
    InvestorPlace

    Stock Market Today: Streaming Wars Are About to Get Real

    Tuesday marked another interesting day in U.S. equities. Investors saw good, bad and ugly in the stock market today, with assets mixed for the second straight session. Worth noting in this case though, the stark differences weren't as notable as Monday's session.Again though, we saw small caps outperform via the iShares Russell 2000 ETF (NYSEARCA:IWM) as it rallied 1.24%, while tech lagged as the PowerShares QQQ ETF (NASDAQ:QQQ) fell 0.3%.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSandwiched in between were the SPDR S&P 500 ETF (NYSEARCA:SPY) and SPDR Dow Jones Industrial Average (NYSEARCA:DIA), which were down 0.04% and up 0.2%, respectively.While we saw small caps easily outperform the S&P 500 on Monday, we also saw high-growth tech stocks like Twilio (NYSE:TWLO), Shopify (NASDAQ:SHOP) and others obliterated on the day. On Tuesday, we saw more selling pressure in these names, although not to the extent we did in the prior session.Instead, streaming dominated the headlines in the stock market today, following the Apple (NASDAQ:AAPL) event. All About AppleJust like it does every year, Apple held its fall product event on Tuesday, showcasing a number of new services, products and upgrades for its customers. What were the highlights?Starting with the iPhone, Apple announced three new versions of the device. The iPhone 11 Pro and 11 Pro Max will start at $999 and $1099, respectively, and sport panel sizes of 5.8 inches and 6.5 inches, respectively. * 10 Stocks to Sell in Market-Cursed September The devices will come in four colors, have OLED displays and boast three rear-facing cameras. The iPhones will ship with a fast-changing adapter, while the iPhone 11 Pro has improved battery life of four hours and iPhone 11 Pro Max sports an improvement of five hours.The third device is Apple's low-cost option, the iPhone 11, weighing in at $699. The iPhone sports a 6.1-inch display and dual rear-facing camera. The low-cost option will be available in six colors.Customers will also be able to order the new Series 5 Apple Watch. The device starts at $399, with a 4G unit costing $499. The Series 3 price will drop down $199. Apple also introduced the 7th-generation iPad, which starts at $329 and will begin shipping at the end of the month.Further, the company announced that Apple Arcade will be available Sept. 19 in more than 150 countries. The service starts at $4.99 per month for the whole family (after a one-month free trial), and will soon have more than 100 games.Finally, the company said that its Apple TV+ service will start at just $4.99 for the whole family. One year of the service will be included for new hardware purchases, with the first shows launching Nov. 1 in over 100 countries. Apple expects to add new shows each month. Streaming WarsI left the Apple TV+ news for last, because it has more than just customers talking about it. It's wreaking havoc on other streaming plays, like Disney (NYSE:DIS), Netflix (NASDAQ:NFLX) and Roku (NASDAQ:ROKU).Disney and Netflix each slipped about 2.2%, while Roku took a punch to the teeth, falling 10.5%. It's exactly why all three stocks (plus Apple) were InvestorPlace's Top Stock Trades.What will the impact be?When Disney priced its Disney+ streaming service at $6.99 per month (or $70 annually), most assumed it was to undercut Netflix. Given Disney's strong content library and appeal to parents, the service looks like a layup at these prices.But after Apple announced its service at $4.99 a month, perhaps that's why Disney's price came in so low. While it doesn't mean he knew ahead of time, the fact that Disney CEO Bob Iger sits on the Apple board is at least worth mentioning here.In any regard, I don't know that Disney is at a big competitive risk against Apple. For starters, the price points are not that far apart, particularly if customers buy the annual package from Disney (which boils down to $5.83 per month). Second, Disney has vastly better content than Apple that appeals to toddlers, kids, teens and adults.That's hard to top.For Netflix though, its standard plan rings in at $12.99 a month, but its offerings range between $8.99 and $15.99 per month. Many would argue that it has inferior content to Disney, but will likely have superior content to Apple. Unfortunately, its price point isn't competitive. It will be interesting to see how much staying power NFLX really has and how loyal its customers really are.Perhaps it won't lose market share and in fact, gain market share as more customers cut the cord. Collectively, someone could pay $25 a month for NFLX (standard), Disney+ and Apple TV+. Not bad.Let's see what the market makes of it over the next few days and weeks.Finally, there's Roku. Shares were crushed on the day, which likely had more to do with its run from under $100 to over $175 in about a month's time more than anything else. Still, the headlines about Apple's approach to streaming -- of course, with its own hardware available -- didn't help matters.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long AAPL, DIS and SHOP. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Sell in Market-Cursed September * 7 of the Worst IPO Stocks in 2019 * 7 Best Stocks That Crushed It This Earnings Season The post Stock Market Today: Streaming Wars Are About to Get Real appeared first on InvestorPlace.