Walmart’s stock rises 7% on report of Amazon Prime competitor coming this month

July 7, 2020 By: Todd Mitchell

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Bears Make an Appearance

By: Todd Mitchell

The market closed mostly lower on Tuesday as dismal economic news weighed on sentiment. Specifically, Consumer Confidence tanked another -31.9 points to 86.9 in April following March's -13.8 point plunge to 118.8. Forecasts were for a print of 90.As far as 1Q earnings, five of the six companies with the largest market caps in the S&P - Alphabet (GOOGL), Microsoft (MSFT), Facebook (FB), Apple...

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Extreme Option Profits Chart of Day…3M (MMM)

July 6, 2020 By: Todd Mitchell

Keep an eye on Plug Power (PLUG).Canaccord Genuity just reiterated its buy rating and raised its price target to $8.50 from $7.00, estimating that the acquisitions of United Hydrogen and Giner ELX will immediately add to Plug's results.  Oppenheimer upped its target to $8 from $6, saying the acquisitions reflect continued "savvy" strategic decisions. "We believe these additions to the...

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Blue-Chips Recover 200-Day Moving Average

By: Todd Mitchell

The market closed mostly lower on Tuesday as dismal economic news weighed on sentiment. Specifically, Consumer Confidence tanked another -31.9 points to 86.9 in April following March's -13.8 point plunge to 118.8. Forecasts were for a print of 90.As far as 1Q earnings, five of the six companies with the largest market caps in the S&P - Alphabet (GOOGL), Microsoft (MSFT), Facebook (FB), Apple...

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Dow jumps 300 points to start the week as Wall Street shakes off a rise in virus cases

By: Todd Mitchell

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Stocks rally on record jobs gain, but bonds reflect concern that virus spread could slow hiring

July 3, 2020 By: Todd Mitchell

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