Signal Says Chip Stock Ready to Rally

November retail sales came in below its estimates

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OPENING VIEW     12/13/2019
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Stock Futures Climb Ahead of China Press Conference By Patrick Martin Share On Fresh off reports of a "phase one" trade deal being drawn up, Dow Jones Industrial Average (DJI), S&P 500 Index (SPX), and Nasdaq-100 Index (NDX) futures are confidently higher today. But while Bloomberg reported that the U.S. and China agreed to a limited deal that would scrap additional U.S. tariffs set to go into effect this Sunday, Dec. 15, and reduce current tariffs, Chinese state media has yet to confirm any such thing. Instead, Chinese officials will hold a press conference this morning to discuss "relevant progress." Elsewhere, November retail sales rose by 0.2%, falling short of the 0.5% rise economists were expecting.  Continue reading for more on today's market, including:  All signs point to an Intel stock rally. It could be game over for Electronic Arts stock. Plus, bull notes galore for Adobe after earnings; SRPT gets big FDA win; and SNAP upgraded.   >> Continue reading...
LATEST HEADLINES
>> Stocks Grab New Highs on Potential Trade Deal According to reports, a "phase one" trade deal is drawn up and pending Trump's approval >> Data Pointing to INTC Stock Rally INTC is trading atop a bullish trendline >> Breaking Down a Big Bullish Options Bet on Gold GDX calls have been all the rage lately >> Options Volume Nears Annual High as Oracle Traders Prep for Earnings The 200-day trendline has been supportive in 2019 >> GDP, Nike Earnings Headline Calendar Dow name Nike is scheduled to report earnings on Thursday Sponsored Wall Street FEEDING FRENZY on 5G SuperStock! One stock just blasted earnings due to "booming 5G demand." The $3 stock is bringing in... get this... $267K per MINUTE! Wall Street is loading up. Get the story on this 5G SuperStock right here.
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