The stock market rally shrugged off an Iran missile attack, with the Dow Jones, S&P 500 and Nasdaq composite all hitting new highs. Tesla (TSLA) delivered its first China-made Model 3 cars to customers, while Beyond Meat (BYND) is getting a wider McDonald's (MCD) test. Boeing (BA) now favors 737 Max simulator training for pilots, a move to win over regulators and the public, but that will add...
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U.S. markets showed resiliency on Wednesday following the Iranian missile strikes on two U.S. bases in Iraq that caused concern overnight. In fact, Dow futures were down 400 points at one point before steadily improving ahead of the opening bell.The market viewed the U.S./ Iran conflict as stabilizing, for now, after tweets from both sides suggested that they are not seeking a further escalation....
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U.S. markets showed resiliency on Wednesday following the Iranian missile strikes on two U.S. bases in Iraq that caused concern overnight. In fact, Dow futures were down 400 points at one point before steadily improving ahead of the opening bell.The market viewed the U.S./ Iran conflict as stabilizing, for now, after tweets from both sides suggested that they are not seeking a further escalation....
Continue reading >>Just weeks ago, we featured General Electric (GE) in a Chart of the Day following allegations of fraud back in August 2019. Since then, we’ve watched as the stock caught strong support around $8 along with oversold reads on the Bollinger Bands (2.20), W%R, RSI, and MACD. Since spotting that opportunity in August 2019, the stock exploded from a low of $8 to a high of $11.72. All we had to...
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