Tesla Puts Pop During SEC Drama

Wall Street considered ugly housing data and a strong consumer confidence report

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MARKET RECAP     2/26/2019
America's #1 economist warns: "Get out of gold now!" Gold has been flat for months... but according to controversial economist, Harry Dent, that's all about to change. It has to do with a terrifying development in the economy right now that could send gold tumbling to $700 at any moment. And he's urging anyone with their retirement tied up in gold to get out now! You can see all the details for yourself right here.
Stocks End Seesaw Session Lower with Powell, Data In Focus By Josh Selway Share On U.S. stocks traded on both sides of breakeven today, as traders digested earnings, economic data, and commentary from Fed Chair Jerome Powell. The Dow ultimately ended lower, on Home Depot's (HD) poor earnings reaction and an analyst-induced Caterpillar (CAT) pullback, while tech strength couldn't keep the Nasdaq and S&P 500 afloat. Also grabbing headlines was a surprisingly strong consumer confidence report for February, which helped to offset ugly housing data. Powell's congressional testimony was in focus, too, with the Fed leader insisting the central bank will remain flexible with interest rates and its balance sheet reduction. Continue reading for more on today's market, including: Tesla put options popped during the SEC drama. The D.C. rumors that weighed on Spotify shares. The worst stocks to own in March, historically. Plus, an airline stock in trouble; pot stock jumps; and a huge earnings winner. >> Continue reading...
LATEST HEADLINES
>> More Losses Could Be In Store for This Oil Stock Credit Suisse just slashed its price target to $16 from $17 >> Analyst: This Amazon Rival Could Drop Another 37% The stock is down almost 8% today >> Lowe's Stock Hit With Home Depot Headwinds Ahead of Earnings Lowe's is slated to report earnings tomorrow morning >> Tesla Puts Pop Amid Musk-SEC Drama A judge ordered Musk to respond to the SEC motion by March 11 >> American Airlines Stock Might Get a Crash Landing, Says Signal AAL stock just ran into a bearish technical indicator ADVERTISEMENT Gold: $5,000 or $700? Gold has zoomed higher in recent years... The big question now is: will gold continue to soar higher or is it ready to plummet? Economist Harry S. Dent Jr. now has indisputable evidence of precisely where gold is heading next. Before you make another gold investment, it's critical you review his latest research. Full details here.
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