What Doji Candles Mean for Wall Street

The Dow is set to open with triple-digit losses

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Schaeffer's Opening View
5/04/2021
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Stock Futures Dip as Investors Decide Where to Place Bets


By: Jake Scott

Stock futures are cooling off this morning, dragged down by tech shares following yesterday's relatively strong session on Wall Street. Futures on the Dow Jones Industrial Average (DJI) are set to turn in a nearly 150-point drop, while S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are struggling in red ink as well. At the moment, investors are torn between betting on reopening stocks and in Big Tech.

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

  • Schaeffer's Senior V.P. of Research Todd Salamone shines light on doji candles.
  • Buy the dip on this semiconductor name.
  • Plus, Under Armour's post-earnings buzz; CVS stock boosted by Q1 results; and 1 surging paper company.
Share on Read More...
     

#1 Tech Named Inside...


According to the World Economic Forum, this new technology could be worth $12.7 trillion over the next few years ... that's 10x the size of Amazon today and bigger than mega tech firms like Apple, Google and Facebook combined.
If you're looking to cash in on the next major tech trend, this is it.
Click here for the full story (#1 Tech Named Inside). Sponsored


In Case You Missed It...


Bezos + Musk + U.S. Military Chasing This New Tech


Jeff Bezos, Elon Musk, and Mark Zuckerberg...Along with the Army, Navy, Marine Corps, Airforce and Pentagon...Are all piling into a controversial new technology.
According to the World Economic Forum, this new technology could be worth $12.7 trillion over the next few years...That's 10x the size of Amazon today, and bigger than mega tech firms like Amazon, Apple, Google and Facebook combined.
Click here for the full story (#1 Tech Named Inside). Sponsored

Want More Minute-to-Minute Updates?

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