Breaking Down This Retail ETF

Panic over the coronavirus has cooled off today

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Market Recap
 
 

1/28/2020

Former hedge fund manager slams Wall Street in viral video


One bold former hedge fund manager just went on camera to expose how Wall Street is failing American investors right now. He's boiled down what's happening in the markets to just two words. And he's urging people to take notice. You're not going to see the details of what he's predicting anywhere in the news, especially not from the big banks on Wall Street.

Click here to watch.

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Dow Bounces Back, Snaps Five-Day Skid

By Patrick Martin

Share On

After its worst session since October yesterday, the Dow staged a furious comeback today -- adding over 180 points -- as investor panic over the coronavirus cooled off. The blue-chip index snapped a five-day losing streak in the process, as Wall Street unpacked the latest economic data and corporate reports. The S&P 500 and Nasdaq both finished confidently in the black as well, with the former logging its best day since Oct. 4 and the latter posting its biggest win since Sept. 5. 

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

  • Founder and CEO Bernie Schaeffer breaks down some key retail sector trendlines.
  • This networking stock is ready to roar higher.
  • Plus, a General Electric earnings preview; a C-suite shakeup at Caterpillar; and 2 video game stock getting bull notes. 
>> Continue reading...
LATEST HEADLINES

>> Networking Stock Set Up for Bulls
CIEN stock has been moving higher in recent months
>> Dow on the Rebound After Yesterday's Sharp Sell-Off
Stocks are continuing their recovery from yesterday's massive sell-off
>> Traders Stand Behind Retail Sector
XRT is currently trading above all major moving averages
>> GE Calls Hot Ahead of Earnings
GE's 50-day moving average has emerged as support in 2020
>> Video Game Makers ATVI, EA Receive Price-Target Raises
Both stocks have been strong in recent months
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