Red-Hot Auto Stock Just Getting Started

Schaeffer's Market Recap

Larry Kudlow still predicts 3% U.S economic growth through 2019

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Market Recap
 
 

6/11/2019

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Dow Snaps Win Streak as Tech Stocks Pivot Lower

By Patrick Martin

Share On

The Dow snapped its six-day winning streak today, taking a breather from recent risk-on sessions. Stimulus buzz out of China saw the Dow jump out to a triple-digit lead in the morning. Around midday, the tech sector that had earlier propped markets up pivoted lower, sending all three benchmarks into the red. As investors await trade updates with Mexico and China, Director of the National Economic Council Larry Kudlow predicted the U.S. economy will maintain 3% growth in 2019, even without a China trade deal. 

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

  • This red-hot auto stock still has room to run.
  • Nasdaq just booted this pharma stock.
  • Keep an eye on this retail stock on Thursday.
  • Plus, a Lululemon earnings preview; an energy stock flashing "buy"; and another bull note for Facebook. 
>> Continue reading...
LATEST HEADLINES

>> 2 Retail Stocks Popping on Earnings Beats
CHS and CASY just reported quarterly earnings and revenue that beat analysts' estimates
>> This Retail Stock Could Be Volatile on Thursday
The shares have a history of making big post-earnings moves
>> Breaking Down Lululemon's Impressive Earnings History
LULU gapped higher by 14% in the wake of March's earnings report
>> Ferrari Stock Signal Flashes After Shares Touch New High
There's a lot to like about RACE stock from a technical standpoint
>> Bull Signal Might Spark New Highs for this Energy Stock
A bullish signal flashing for Vistra might mean fresh highs on the charts
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