Nab This Tech Stock Before Earnings

The yield-curve inversion has popped up once again

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MIDDAY MARKET CHECK     8/22/2019
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Dow Turns Lower Ahead of Powell Speech as Recession Fears Resurface By Lillian Currens Share On The Dow Jones Industrial Average (DJI) has turned lower, reversing early gains, as recession anxieties begin to creep back in. Speaking from the central bank's annual symposium in Jackson Hole, Wyoming, Philadelphia Fed President Patrick Harker and Kansas City Fed President Esther George said they don't see a case for additional rate cuts right now. The yield curve subsequently inverted once again, and recession fears were exacerbated by data showing U.S. manufacturing activity contracted for the first time since 2009. Meanwhile, ahead of Fed Chair Jerome Powell's upcoming speech, President Donald Trump tweeted, "The Economy is doing really well. The Federal Reserve can easily make it Record Setting!" Against this backdrop, the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are trading lower, too.   Continue reading for more on today's market, including: Mizuho says nab this tech stock ahead of earnings.  This e-tail stock is at an attractive entry point, says one analyst.  Plus, Corning's new exec has options bulls flocking; Cemtrex rallies again; and a late-stage study flop knocks Retrophin stock.  >> Continue reading...
LATEST HEADLINES
>> GDP Update Highlights Data-Heavy Week Retail earnings will remain in focus >> 2 Drug Stocks Under Pressure This Morning Mustang Bio is lower despite a FDA expedited designation >> Analyst: Buy This Tech Stock Before Earnings The brokerage firm is targeting major upside for the software stock >> Earnings Beat Has Nordstrom Stock on the Rebound The firm posted better-than-expected second-quarter earnings >> Wayfair Stock Takes Off as Analyst Praises Attractive Entry Point W is more than 45% above its late-December bottom Sponsored The No. 1 Pot Stock of 2019 Is Set to Be Bigger Than Cronos, Canopy Growth and Tilray - COMBINED! And right now, you can get in for less than $3. Check out the details here.
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