This week on Best Stock Charts I discuss 6 swing trades to trade now in June 2020. The symbols that we will do technical analysis on using stock charts will be $CHKP $ICE $FIZZ $MSFT $MDLZ $URA. We also discuss the swing trades that we closed out which were $BA with a greater than 40%
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Tonight Sunday Night Stock Market Live we will discuss if the stock market will continue to breakdown or will the stock market rally? We also discuss if the Federal Reserve will allow negative interest rates which are currently being priced into the bond market. Bob Desmond will use stock charts and technical analysis to discuss
Boeing (NYSE:BA) has fallen 36% this year. As a result of its collapse in 2020, Boeing stock has now underperformed the markets as a whole in every period Morningstar tracks over the past 15 years. How the mighty have fallen! And I’m one of the casualties of the decline. Long bullish on the company, in
Back in April, I held a bearish outlook on Penn National Gaming (NASDAQ:PENN). At that time, casinos were still closed and the return of live sports seemed very cloudy. However, many investors did not agree with me, and they’ve been rewarded. PENN stock has nearly doubled in the last month. Source: Jeffrey J Coleman /
The Wall Street Bull (The Charging Bull) is seen during Covid-19 pandemic in New York, on May 26, 2020. Tayfun Coskun | Anadolu Agency via Getty Images Company: Synalloy Corp. (SYNL) Business: A chemical manufacturing company operating through two segments: metals and the specialty chemicals. Stock Market Value: $78 million ($8.62 per share) Activist: Privet
Lamination operator Rosa Escamilla, 28, wears a protective mask as she works at the Emerald Packaging facility, amid the coronavirus disease (COVID-19) outbreak, in Union City, California, on May 7, 2020. Nathan Frandino | Reuters As economists scratch their heads, the surprise gain of 2.5 million jobs in May shows that markets were right to bet on
Halliburton (NYSE:HAL) has been a major player in the oil and energy industry for decades. And like many other companies, Halliburton stock is continuing to suffer the effects of the economic downturn brought on by the novel coronavirus. Source: hkhtt hj / Shutterstock.com In April, the company announced that it lost $1 billion during the
Equities exploded higher, with the Nasdaq Composite hitting a record high, as a better-than-expected labor report sent stocks higher. With that in mind, let’s look a few top stock trades for next week. Top Stock Trades for Monday No. 1: Slack (WORK) Slack (NYSE:WORK) stock is getting hammered on Friday, down more than 14% after
The good news is that airline stocks are soaring this week. Just yesterday JetBlue (NASDAQ:JBLU) and most of its cohort rallied 15%. American Airlines (NASDAQ:AAL) tipped the scales with a whopping 41% spike in just one day! JBLU stock is up another 5%-plus today — which is actually DOWN from the 10% gains it had
There are huge red flags these days surrounding Wells Fargo (NYSE:WFC) and Wells Fargo stock. The beleaguered bank has been lagging behind its competitors in the big bank space, and now its dividend is in danger, too. Source: Kristi Blokhin / Shutterstock.com It’s true that a frothy dividend is the only reason to hold WFC
President Donald Trump arrives for a photo opportunity with sheriffs from across the country on the South Lawn of the White House in Washington, September 26, 2019. Erin Scott | Reuters President Donald Trump, during a White House address to trumpet the surprising May surge in jobs that signaled a rapid economic recovery good be
A trader walks by the New York Stock Exchange (NYSE) on the first day that traders are allowed back onto the historic floor of the exchange on May 26, 2020 in New York City. Spencer Platt | Getty Images The stunning jobs report caps a near-perfect week for market bulls. Three main “buckets” have moved
Traders wearing masks work inside posts, on the first day of in-person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020. Brendan McDermid | Reuters Federal Reserve Chairman Jerome Powell is expected to reassure markets
Exxon Mobil (NYSE:XOM) has both opportunities and threats going forward. However, I think that the combined magnitude of the company’s opportunities is larger than the power of the threats facing Exxon Mobil stock. Source: Harry Green / Shutterstock.com Exxon’s Dividend Is a Tremendous Opportunity On April 29, Exxon announced that it would maintain its dividend
I had several investments to choose from for my weekly article about equity crowdfunding. Amongst the group was PittMoss, a Pennsylvania-based company that sells organic potting soil made from recycled paper. Far more environmentally friendly compared to traditional peat-based earth, I decided to take a closer look at its investment proposition. By the end, you’ll
Royal Caribbean (NYSE:RCL) is having itself a month. RCL stock is up over 40% since the beginning of May on what can only be described as discount shopping at the clearance rack. Right now, it seems that investors keep buying the stock as if they’re afraid of missing out on the next leg up. Source:
CNBC’s Jim Cramer on Friday raved about the May jobs report, saying the 2.5 million jobs added last month was evidence the U.S. economy was bouncing back from the coronavirus-induced devastation. “We’re back,” he said on “Squawk Box.” ”I think there were a lot of people who felt that the layoffs would be permanent and it’s obvious that
Take a look at some of the biggest movers in the premarket: United Airlines (UAL), American Airlines (AAL), Delta Air Lines (DAL), Southwest Airlines (LUV), JetBlue (JBLU) – Airline stocks are extending this week’s rally this morning, as demand continues to rebound faster than expected despite being substantially below normal levels. Gap (GPS) – Gap
Energy Transfer (NYSE:ET) is one of many oil and gas midstream firms that has a heavy debt load. But ET stock also offers a generous dividend that yields nearly 15%. Just how safe is this dividend for the rest of the year? Given that oil prices are improving, Energy Transfer may be a good fit
After several strong rallies, the stock market cooled a bit on Thursday. That didn’t stop some stocks from being big movers, though. With all of that in mind, let’s look at a few top stock trades for Friday. Top Stock Trades for Tomorrow No. 1: American Airlines (AAL) American Airlines (NASDAQ:AAL) just went bananas on