Tuesday, August 16, 2022

This Food Delivery Stock Has Pulled Back: Chart of the Day

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DoorDash has fought its way higher since the spring on signs of widening adoption. Now the delivery company may be presenting an opportunity after...

Options Alert: Ford Motor Calls Rolled Up as Rivian IPO Electrifies the Market

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Options traders keep rolling bullish positions in Ford Motor with a key event coming as soon as next week. This large transaction occurred in the...

Investors Shift to Safe Havens, Shunning Riskier Stocks as the Fed Taper Approaches

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The S&P 500 fell yesterday, but a new kind of stock seems to be breaking out. Consumer staples, real estate investment trusts and utilities hit...

Nike Could Be Trying to Break Out Before Earnings

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Nike has taken a long pause, but now the sneaker giant may be trying to break out with earnings due Thursday afternoon. NKE beat estimates...

Technical Analysis: Airbnb Could Be Planning a Trip North as ‘Golden Cross’ Looms

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Like millions of Americans, Airbnb has been cooped up for a long time. But now the room-sharing stock could be planning a trip north. The...

Travel Stocks Are Jumping as the Coronavirus Pandemic Continues to Fade

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After more than a year of waiting, travel stocks may finally be recovering. Companies including Walt Disney (DIS), Expedia (EXPE) and Airbnb (ABNB) have rallied...

Chart of the Day: Is Tesla Going into Reverse After a Sharp Rally?

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Tesla had a sharp rally in late March, but now there could be evidence of sellers taking the wheel. The first major pattern on today's...

Earnings Season Begins on a Strong Note, Thanks to Snap and Chipotle

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Earnings season is off to a bullish start as companies like Snap, Chipotle Mexican Grill and Coca-Cola blitz past estimates. That variety of companies --...

Technical Analysis: Amazon.com Bounced After Earnings. Now What?

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Amazon.com rallied sharply on some bullish news last week. But it may face some bearish patterns over the intermediate and longer terms. First, consider the...

The Economy May Be Accelerating Before the State of the Union and Powell’s Testimony...

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It's been almost exactly two years since the coronavirus pandemic hammered the global economy. And now things may be finally returning to normal --...
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