Retail Stock Cut in Half Today

Chevron and Exxon Mobil are two of the best Dow stocks at midday

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Midday Market Check
 
 

6/06/2019

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Big-Cap Energy Stocks Boost Dow

By Karee Venema

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The Dow Jones Industrial Average (DJI) appears to be headed toward a fourth straight win, up on strength in energy stocks Chevron (CVX) and Exxon Mobil (XOM). While the big-cap index trades near its session highs, the S&P 500 Index (SPX) has pared a portion of its earlier gains and the Nasdaq Composite (IXIC) is struggling to stay in positive territory. This comes after the International Monetary Fund (IMF) warned increasing trade disputes pose a major risk to the U.S. economy, but raised its full-year U.S. growth forecast to 2.6% from 2.3%.

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

  • The retail stock cut in half today.
  • What has AMD stock at the top of the S&P?
  • Plus, put writer sets floor for sinking Signet; Ciena buy signal plays out; and the tech stock that's down 40%.
>> Continue reading...
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Congress Approves Up to $447 Billion in "Consumer Bonuses" for 121 Million Americans


On December 22, 2017, President Trump signed the new tax reform bill. Inside, in Section 11042, is a law that gives 121 million eligible Americans the chance to collect on "consumer bonuses" that could max out at $3,700 for some people. Better yet, this is available every year until 2025.There are no income requirements to collect

Full details here...

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