Goldman's Latest "Conviction Buy"

The Dow is sporting an 89-point lead at midday

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Schaeffer's Midday Market Check
6/10/2021
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S&P 500 Nabs Intraday Record Despite Disappointing Inflation Data


By: Fernanda Horner

The major indexes are brushing off shaky inflation and jobless data this afternoon, with consumer prices growing at their fastest pace since the summer of 2008, while jobless claims came in above analysts' expectations, though the reading marked another pandemic low. The Dow Jones Industrial Average (DJI) sports an 89-point lead at midday, while the S&P 500 Index (SPX) is slightly above breakeven, after finally notching an intraday high earlier in the session. The Nasdaq Composite (IXIC) is slightly higher as well, regardless of rising bond yields.

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

  • Moderna looks to expand emergency use of its Covid-19 vaccine to teens.
  • Why Goldman Sachs added ServiceNow stock to its "Conviction Buy" list.
  • Plus, options bulls blast IVR; Medley Management stock surges on social media buzz; and AEMD plummets on discounted direct offering.
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Tech Stocks to drop 92%?? (stunning prediction)


The firm that called the EXACT PEAK of the Dot-Com boom has just issued another major prediction. If you've got money invested in the market - and especially in popular tech stocks - this is critical information for the days ahead.

Watch the Video Sponsored


In Case You Missed It...


Buffett Dumps $800M Of Apple, Buys This Instead!


Through Berkshire Hathaway, Warren Buffett recently dumped $800 million of Apple stock...And bought this instead! He's now moved $3.8 BILLION in a tiny niche of the tech sector billionaires are flocking to.

See full story here... Sponsored

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