Morgan Stanley Targets New Lows for This Stock

Wall Street is also digesting a key inflation update

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3/01/2019

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Dow Set to Roar Into March on U.S.-China Trade Optimism

By Patrick Martin
Share On

Dow Jones Industrial Average (DJI) futures are signaling a strong start to March, last seen more than 170 points above fair value on fresh U.S.-China trade optimism. A Bloomberg report indicated officials from the two countries are preparing a trade agreement for President Donald Trump and Chinese President Xi Jinping to potentially sign by mid-March. Elsewhere, investors are digesting a 0.2% monthly rise in the December core personal consumption expenditures (PCE) index, while the reading was unchanged at 1.9% on a year-over-year basis. Plus, consumer spending fell 0.5% in December, its largest drop in nine years.

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

  • What Martha Stewart joining the CBD craze means for this penny stock. 
  • Cerner stock is headed for new lows, according Morgan Stanley. 
  • This heavily shorted biotech suffered big losses before earnings.  
  • Plus, Tesla sinks post-Musk announcement; Marriott drops on weak revenue; and more trouble for Karyopharm.
>> Continue reading...
LATEST HEADLINES
>> How Legal Marijuana Could Deliver +10,000% Returns
The passage of Bill C-45 could be a signal to early investors that pot stocks are ready to pop.
>> Stocks Drop But Manage Monthly Gains
Stocks continued to suffer despite respectable GDP data
>> Drug Stock Dives 67% on Disappointing Data
CELG and HZNP stocks are making volatile moves today, too
>> Options Bulls Board Southwest Stock Amid Buffett Rumors
Call volume has reached an annual high today
>> SEC Investigation Sinks Syneos Health Stock
The company is delaying its quarterly earnings release, too
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