The market ended the week higher as optimism about a fast-response coronavirus test and confirmation of the Federal Reserve’s new inflation strategy bolstered ongoing bullish sentiment. A bevy of economic news also lifted spirits with the Nasdaq and S&P setting their 40th and 20th record closes for 2020. The Russell 2000 closed on its session high of 1,578 (+0.9%). Key resistance at 1,575...
Continue reading >>Advanced Micro Devices (AMD) just broke out of consolidation to the upside, and could rally to $100. The stock is running after launching the Radeon RX 5300 GPU graphics card, which competes against NVIDIA’s GeForce GTX 1650. Plus, it’s chips should be under big demand when Microsoft and Sony release their new gaming consoles later this year. We also have to remember that AMD is chipping...
Continue reading >>Disney took a calculated risk releasing its live-action “Mulan” remake on streaming service Disney+ — which new data suggests is paying off. According to exclusive figures provided by analytics research firm 7Park Data, nearly 29% of U.S. households that subscribe to Disney+ purchased the $30 “Mulan” film through September 12th — far surpassing other popular (and free)...
Continue reading >>The market ended the week higher as optimism about a fast-response coronavirus test and confirmation of the Federal Reserve’s new inflation strategy bolstered ongoing bullish sentiment. A bevy of economic news also lifted spirits with the Nasdaq and S&P setting their 40th and 20th record closes for 2020. The Russell 2000 closed on its session high of 1,578 (+0.9%). Key resistance at 1,575...
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Continue reading >>The market ended the week higher as optimism about a fast-response coronavirus test and confirmation of the Federal Reserve’s new inflation strategy bolstered ongoing bullish sentiment. A bevy of economic news also lifted spirits with the Nasdaq and S&P setting their 40th and 20th record closes for 2020. The Russell 2000 closed on its session high of 1,578 (+0.9%). Key resistance at 1,575...
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