The Stock Needham is Buying Before the Election

The Dow ended the week on a high note, following a strong nonfarm payrolls report

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Market Recap
 
 

12/06/2019

He's Picked a New Takeover Every 70 Days!


Every deal this Wall Street legend picked was taken over just 88 days after he recommended it, on average. And they each delivered average profits of 86.6%. His latest takeover could happen even faster, after a Big Pharma giant took an 11% stake in this small biotech LAST MONTH.

Get Dylan's next takeover target right here >>>

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S&P Nabs Weekly Win as Energy Sector Shines

By Lillian Currens

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The Dow snagged a 337-point win today, following a strong U.S. jobs report. Data showed 266,000 jobs were added in November, exceeding economists' expectations. Several stocks boosted the blue-chip index, too, including Goldman Sachs (GS), which rallied 3.4% on a strong day for financials. More broadly, a booming energy sector helped the S&P 500 erase its weekly loss, while the Nasdaq climbed as FAANG stocks tallied big gains.

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

  • Options bears roll the dice as MGM Resorts stock flirts with new highs. 
  • Why Needham is buying this stock ahead of the 2020 election.  
  • Plus, pre-earnings bears eye SFIXk; a penny stock keeps climbing; and caution flags for one stock. 
>> Continue reading...
LATEST HEADLINES

>> Stitch Fix Bears Pile On Ahead of Earnings
SFIX earnings are due after Monday's close
>> MGM Traders Put-Heavy as Stock Tests New High
MGM has been holding near its 52-week peak from November
>> Roller Coaster Week Defined by Trade Headlines, Jobs Report
The Dow made outsized moves in both directions this week
>> Stocks Keep Climbing After Nonfarm Payrolls
Oil is getting a boost on an OPEC agreement
>> Bear Signal Flashes for CHWY Stock Before Earnings
CHWY just ran into its 40-day moving average, which has spelled trouble for the stock in the past
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He's Picked a New Takeover Every 70 Days!


And they've all been bought out just 88 days after he picked them, on average!

Get Dylan's next takeover target right here >>>

 

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