Why Bulls Should Keep an Eye on PLUG This Month

The Dow is up over 660 points midday

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Schaeffer's Midday Market Check
3/01/2021
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Dow Keeps Climbing Amid Vaccine, Relief Bill Optimism


By: Laura McCandless

The Dow Jones Industrial Average (DJI) is up over 660 points at last check, extending this morning's gains and pacing for its biggest one-day jump in almost four months. The Nasdaq Composite (IXIC) and S&P 500 Index (SPX) are also firmly in the black, with the former boosted by a rebound in Big Tech as bond yields continue to cool. Optimism surrounding the emergency relief bill just passed by Congress is lifting the broader market today, along with Johnson & Johnson's (JNJ) newly approved Covid-19 vaccine. The company expects to ship four million doses immediately.

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

  • Bank stock receives bull notes after new CEO buzz.  
  • Sparks fly for Plug Power stock on analyst praise. 
  • Plus, analyst thinks WBT could double; MORF soars on trial results; and Ontrak stock drops after earnings. 
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