The Underappreciated Indicator Predicting Stock Behavior

Fed Chair Jerome Powell will make an appearance in D.C. today

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OPENING VIEW     7/10/2019
The Perfect Income Investment? Imagine a stock that pays you 100% income on your money every year… and continues to do so for the rest of your life. $1,000 in savings would pay you $1,000. $10,000 would pay you an extra $10,000. $100,000 would pay you $100,000. And again, that's every year. We never thought an investment like that would be possible... Until we saw this.
Dow Futures Flip Higher Ahead of Fed Testimony By Lillian Currens Share On Dow Jones Industrial Average (DJI) futures were lower earlier, but have since flipped higher as traders digest prepared remarks from Fed Chair Jerome Powell ahead of the central banker's testimony before the House Financial Services Committee. The Fed head will point to "notably" slower business investments and re-emerging "crosscurrents," and will reiterate that the central bank is ready to "act as appropriate" to sustain economic growth, boosting expectations for a July rate cut. Against this backdrop, the Dow is set to avoid its fourth day in the red. Continue reading for more on today's market, including:  The underappreciated stock indicator that could predict big gains, according to Senior Quantitative Analyst Rocky White. The Dow stock one analyst is calling an "unquantifiable risk." How one restaurant's social media scheme could have others following suit. Plus, Levi Strauss steps up to the earnings confessional; Deere stock gets a downgrade; and Goldman says one media stock is a "buy." >> Continue reading...
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>> Nio, Tesla Shares on the Rise Traders are digesting news around rivals Nio and Tesla this morning >> The Market-Moving Event Just 60 Days Away This analyst predicts a major market moving event happening as soon as August 13. >> This May Be the Starbucks of Cannabis Click to continue to advertiser's site. >> What Stock Streaks Have to Do with Relative Strength Why seven days of outperforming the SPX could mean big bucks >> Dow Brings Daily Losing Streak to 3 The Nasdaq and S&P kept their heads above water, though ADVERTISEMENT Retire Rich on One Stock! Virginia stock-picking millionaire says, Forget diversification! Buy one single $3 stock - that trades under a secret name - and you could retire rich. His instructions are here.
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