Chipotle Stock Just Got a Much-Needed Upgrade

Upbeat jobs and manufacturing data are powering Wall Street today too

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Midday Market Check
MIDDAY MARKET CHECK
 
 

3/04/2020

Do you own gold?


See that volume spike? Somebody just decided to buy a LOT of gold. And I think I know why... it's all about a meeting that's scheduled for March 18. If you own gold (even just a few ounces of it) you've got to see what's happening. The big announcement is just days away.

Click here now.

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Stocks Boosted by Super Tuesday, Economic Data

By Patrick Martin
Share On

The Dow Jones Industrial Average (DJI) is in the midst of a substantial rally today, thanks to political tailwinds created by former Vice President Joe Biden. His slew of Super Tuesday primary victories last night puts him ahead of Senator Bernie Sanders in the delegate count, and healthcare stocks like UnitedHealth (UNH) are booming as a result.

Both the Nasdaq Composite (IXIC) and S&P 500 Index (SPX) are enjoying outsized gains at midday as well, thanks to upbeat economic data; the Institute for Supply Management (ISM) non-manufacturing index grew at a better-than-expected rate last month. Plus, the ADP private payrolls report jumped by a larger-than-estimated margin. 

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

  • Dollar Tree stock took a hit after earnings this morning.
  • Upgrade gives Chipotle stock a boost.
  • Plus, Twitter options traders call bottom; HPE dinged by forecast cut; and Waste Management gets big upgrade.
>> Continue reading...
LATEST HEADLINES
>> CRON Stock Higher on Analyst Note
MKM Partners is dismissing concerns over Cronos' delayed earnings report
>> Chipotle Stock Breaks Out of Sell-Off Shell
Wells Fargo upgraded Chipotle to "overweight" from "equal weight"
>> UnitedHealth Stock Rallies After Biden's Big Win
UNH has almost caught up to its year-to-date breakeven point now
>> Dollar Tree Stock Chopped After Weak Forecast
The retailer posted fourth-quarter revenue that missed the mark
>> Dow Futures Signal 600 Point Pop on Super Tuesday Results
Former Vice President Joe Biden grabbed several big wins in last night's primaries
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