The major U.S. equity benchmarks probed new highs again Tuesday, but after few days of solid upside, there was a listless feel to the action today, broadly speaking. Source: Venturelli Luca / Shutterstock.com On the trade front, China remains insistent that President Trump backed away from tariffs if the two sides are to reach a
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It’s easy to draw any darn lines you want on a chart.  Here, for example, is an article featuring – right at the top – a chart for gold with lots of lines drawn. If you look at what the actual price is doing, you’ll notice it’s fading off at the end of the chart,
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Some Robinhood users have been manipulating the stock-trading app to trade with what they’re calling “infinite leverage.” The cheat code was being shared on social media site Reddit, with one trader claiming he took a $1,000,000 position in stock using only a $4,000 deposit. Through Robinhood Gold, the start-up’s subscription service, users can borrow money
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It was an ugly October for shares of Canadian cannabis producer HEXO (NYSE:HEXO). Early in the month, the company announced preliminary fourth quarter fiscal 2019 numbers that fell short of expectations. At that time, management also withdrew its full-year fiscal 2020 revenue guide amid mounting cannabis market challenges and uncertainties. Source: Shutterstock Later in the
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U.S. stock futures are pointing toward a higher open as optimism continues buoying stocks to record highs. The lack of negative headlines surrounding the U.S.-China trade war is boosting morale, but so too are the Federal Reserve’s recent rate cut and seasonal patterns that support equities into the holiday season. Source: Shutterstock Against this backdrop,
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Pedestrians walk past a Shake Shack location in New York. Scott Mlyn | CNBC Check out the companies making headlines after the bell: Shake Shack shares tumbled more than 14% during extended trading after the burger chain reported a third-quarter earnings beat but weaker-than-expected same-store sales. The company posted earnings of 26 cents per share,
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U.S. equities are rallying to fresh record highs on Monday thanks, yet again, to positive China trade headlines right before the open. The focus is shifting from whether a deal actually gets done — as well as specifics around thorny issues like intellectual property protection — to where President Donald Trump would like to get
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If you think that things are acting without any order or sense, you need to watch this video. I’ll tell you why stocks sell-off even if earnings are great. And sometimes, stocks have horrible earnings, but it goes to the upside. Let’s see why that is the case. #selloffstock #stockearnings #stocks #greatearnings #stockmarket #topstock Posted
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