Tesla a "Fresh Pick" as Musk Teases More News

The major indexes are heading toward February gains, though

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Midday Market Check
MIDDAY MARKET CHECK
 
 

2/28/2019

Surprising Law Offers "Consumer Bonus" to 121 Million Americans

In the new tax reform bill, Congress quietly gave 121 million eligible Americans the chance to collect on "consumer bonuses" that max out at $3,700 for some people. This is available every year until 2025. And there are no income requirements to collect.

Full details here...

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Stocks Retreat as Dow, S&P Eye Third Straight Loss

By Patrick Martin
Share On

The Dow Jones Industrial Average (DJI) is marginally lower at midday, heading toward its third straight loss. The downside is being held in check by a better-than-expected fourth-quarter gross domestic product (GDP) reading, though. The S&P 500 Index (SPX) is also on track for a third straight loss, as weak earnings from Booking Holdings (BKNG) weigh on the consumer discretionary sector and traders digest the failed nuclear summit between President Donald Trump and North Korean leader Kim Jong Un. Nevertheless, the Dow, SPX, and Nasdaq Composite (IXIC) are all headed toward big February gains.

Continue reading for more on today's market, including:

  • Tesla stock gets "Fresh Pick" status ahead of today's big announcement.
  • The latest biotech to join the cannabis craze.
  • Plus, Kraft options bulls strike amid buyout buzz; and SeaWorld and Monster Beverage soar on upbeat earnings reports.
>> Continue reading...
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>> Baird Taps Tesla Stock as "Fresh Pick" Ahead of Big Announcement
The brokerage firm thinks skepticism toward Tesla is overblown
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