Drop This Tech Stock Before April

Oil futures are rising today, too

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3/29/2019

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Mnuchin's Trade Tweet Sends Dow Futures Higher

By Patrick Martin
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Dow Jones Industrial Average (DJI) futures are signaling a strong push higher, on renewed U.S.-China trade optimism. More specifically, U.S. Treasury Secretary Steven Mnuchin tweeted about "constructive trade talks in Beijing," with the two sides set to meet in Washington next week. Investors are also digesting a 0.1% monthly drop in the personal consumption expenditures (PCE) index, bringing the year-over-year reading to 1.4% -- the lowest level since late 2016. Elsewhere, despite President Donald Trump's tweets yesterday about oil prices, May-dated crude futures are up 1.9% at $60.45 per barrel.

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

  • History says drop this tech stock before April.
  • Troubled FedEx stock just flashed a sell signal.
  • Bullish bias grows on this drug stock.
  • Plus, BlackBerry toasts earnings beat; GM sells Korean plant; and Credit Suisse pumps the brakes on Spotify.
>> Continue reading...
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Meanwhile, Tricida is one of the best stocks on the Street today
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