Ridesharing Giant Making a Quick Recovery

The Dow finished the day 62 points higher

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2/10/2021 Have you seen our volatility scorecard? Sign up by clicking here! Tech-Heavy Nasdaq Snaps Win Streak as Profit-Taking Continues By: Fernanda Horner A handful of stocks regained traction on Wednesday to finish a volatile trading session mixed, after a U.S. consumer price index reading of 0.3% for January, combined with a stable core consumer price index, suggested muted inflation levels. Meanwhile, Federal Reserve Chairman Jerome Powell said the labor market still faces challenges, and that monetary policy should remain "patiently accommodative." In response, the Dow rose 62 points for the day, while the S&P 500 and Nasdaq dropped just below breakeven in the last few minutes of trading. The latter snapped a four-day win streak, as traders continued to take profits from Big Tech. However, earlier today all three indexes managed to hit intraday highs. Continue reading for more on today's market, including: Bull notes galore for LYFT after it predicted a speedier recovery. Mattel stock plummeted despite beating analysts' estimates. Plus, a soda stock to crack into post-earnings; revenue decline casts shadow on tech giant; and how SON reminisces this Warren Buffet target. Share on Read More...       Cannabis Companies are Soaring Again Pot stocks are riding a massive election high right now, and it's not too late to take advantage of it. There are still rumblings about this medical cannabis disruptor that has a production cost of 50% less than their competitors...And that means more profits. Don't Wait to Discover this Company Sponsored In Case You Missed It... History Says ON Semiconductor Stock's Red-Hot Rally Could Have Legs The security's 40-day moving average has proved favorable for ON in the past This Flashing LITE Bull Signal Has Never Been Wrong Lumentum stock just pulled back to a historically bullish trendline Major Benchmarks Give Back Gains Amid Big Tech Selloff The Dow was last seen down roughly 13 points LYFT Surges on Upbeat Q3 Report, Quicker Road to Recovery The company reported smaller-expected fourth-quarter losses and a revenue beat Expert Predicts Medical Cannabis To See Massive Growth in 2021 The booming market for medical cannabis shows no sign of letting up. Experts now forecast that sales will hit $57.5 billion a year by 2026. That's three times 2020's numbers! Don't worry though...This new boom is STILL creating opportunities for smart investors who are able to find game changers like this one. Don't Wait to Discover this Game Changer Sponsored Want More Minute-to-Minute Updates? Ranking the most volatile stocks → Schaeffer's Volatility Scorecard Before the market opens → Opening View Midday check-in → Midday Market Check Last week's rundown → 5 Minute Market Rundown Analyzing the current market climate → Monday Morning Outlook What's on our CEO's radar this week → Chart of the Week Schaeffer's has a podcast, have you given us a listen?       ADVERTISE // CAREERS // SHOP Be sure to add us to your contacts so you don't miss out on any news! Unsure of how to do that? Follow our instructions located here. For more information about our privacy practices, please review our Privacy Policy or our Terms & Conditions. 5151 Pfeiffer Road Cincinnati, OH 45242 If you didn't create an account using this email address or no longer wish to receive these emails, please unsusbscribe here.