2 Electric Automakers Charging Up the Charts

Oil prices are surging today on supply concerns

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MIDDAY MARKET CHECK     7/10/2019
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Stocks Bounce Back on Dovish Powell, S&P 500 Eyes 3,000 By Patrick Martin Share On The Dow Jones Industrial Average (DJI) is on the mend today, and earlier touched an all-time high, thanks to renewed rate cut optimism. At his testimony before the House Financial Services Committee, Fed Chair Jerome Powell suggested that Friday's strong jobs report has not altered the Fed's outlook. Despite the dovish remarks, the Dow has pared some of its gains at midday. Likewise, the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also modestly higher after earlier notching all-time peaks, with the former climbing above the 3,000 level for the first time ever. Elsewhere, oil prices are gaining sharply amid a steep drop in domestic inventories, with August-dated crude futures up 3.4% $59.81 per barrel. Continue reading for more on today's market, including:  2 electric automakers charging up the charts. Record highs for Comcast stock after a Goldman nod. Plus, options bulls target more Overstock.com gains; Micron stock stays hot; and Mylan stock under sector pressure. >> Continue reading...
LATEST HEADLINES
>> This Real Estate Stock Could Stay Red-Hot The shares have outperformed the SPX for nine straight days >> Levi Strauss Put Options Active as Stock Sinks LEVI is set for its worst day since going public in March >> Comcast Stock Sails to Record High After Latest Bull Note Another analyst is saying to buy the media stock >> T-Mobile Stock Pops on S&P 500 Addition TMUS has had a roller-coaster summer thus far >> Dow Futures Flip Higher Ahead of Fed Testimony Fed Chair Jerome Powell will make an appearance in D.C. today ADVERTISEMENT Get My #1 Pot Stock Pick (It's Already Up 70% In 2019) There's a Maryland company with a program that gives you the guaranteed opportunity to collect checks of $9,974 or more from the legal marijuana boom. Better still, you could make a hefty profit, too. This company is so good at what it does… its value shot up 140% in the last year alone. And it's only getting started. I'll show you why here.
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