Deere investments look ‘transformational’ for company, trader says ahead of earnings

May 21, 2021 By: Todd Mitchell

Deere, one of the best-performing industrials, is about to report earnings. The company, whose stock is up more than 30% this year, will release results before the bell Friday. Deere is a rare hybrid of industrials and tech. High-profile investor Cathie Wood of ARK Invest sees it as a tech company, even adding it to the firm’s ARKQ autonomous technology and robotics ETF. Those investments...

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Dow Recovers 34,000

May 20, 2021 By: Todd Mitchell

The stock market was mixed on Wednesday after Treasury Secretary Janet Yellen attempted to walk back her comments where she said interest rates may need to rise to keep the economy from overheating. Yellen clarified that she was not making a forecast or advocating for a rate hike from the Fed.The blue-chips rebounded to set a fresh record high while Tech and the small-caps showed continued...

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Extreme Option Profits Chart of Day… Freeport McMoRan (FCX)

By: Todd Mitchell

Oversold, OCGN is gaining momentum. According to Tip Ranks, “Ocugen has inked a deal with India-based Bharat Biotech for the US rights for the company’s vaccine COVAXIN. And Bharat has now reported positive second interim analysis results from the COVAXIN Phase 3 trials. The vaccine displayed an overall efficacy rate of 78%, with 100% success against severe cases of the disease. COVAXIN...

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Market Extends Losses for a Third-Straight Day

May 19, 2021 By: Todd Mitchell

The stock market was mixed on Wednesday after Treasury Secretary Janet Yellen attempted to walk back her comments where she said interest rates may need to rise to keep the economy from overheating. Yellen clarified that she was not making a forecast or advocating for a rate hike from the Fed.The blue-chips rebounded to set a fresh record high while Tech and the small-caps showed continued...

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$280 billion wiped off crypto market as bitcoin falls below $40,000 for first time in 14 weeks

By: Todd Mitchell

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Bears Return as Volatility Pops Above 20

By: Todd Mitchell

The stock market was mixed on Wednesday after Treasury Secretary Janet Yellen attempted to walk back her comments where she said interest rates may need to rise to keep the economy from overheating. Yellen clarified that she was not making a forecast or advocating for a rate hike from the Fed.The blue-chips rebounded to set a fresh record high while Tech and the small-caps showed continued...

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