Why Analysts Are Sweating Peloton Stock

The S&P 500 scored an intraday record high earlier

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7/14/2021 Have you seen our volatility scorecard? Sign up by clicking here! Stocks Quiet After Powell Testimony By: Jake Scott Stocks are struggling for direction midday, initially bursting higher but later giving back gains. Investors are weighing the impact of Federal Reserve Chairman Jerome Powell's prepared congressional testimony, which disclosed the central bank has no plans to alter monetary policies. The Dow Jones Industrial Average (DJI) was last seen 11 points lower, while the S&P 500 Index (SPX) is flat but notched another intraday record. Elsewhere, the Nasdaq Composite (IXIC) is just barely in the black, but Big Tech giants Apple (AAPL) and Alphabet (GOOGL) have managed to score new all-time highs. Following Powell's testimony, the 10-Year Treasury Yield slipped. Continue reading for more on today's market, including:  eBay stock pops on billion-dollar deal. Behind the PTON bear note barrage. Plus, options traders blast AAL on upbeat guidance; Datasea stock surges on 5G deal; and a healthcare stock on a roller-coaster. Share on Read More...       Why a "Tech Wreck" may have just begun... 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... Apparel Retailer Moves Higher on Fresh Analyst Coverage The brokerage firm initiated coverage of LULU with a "buy" rating Bank of America Stock Dips After Revenue Miss Bank of America's second-quarter revenue fell short of Wall Street's estimates eBay Stock Eyes Record Highs on Billion-Dollar Deal The company is selling 125 million shares of Adevinta PTON Slammed With Downgrade Amid Demand Concerns Wedbush downgraded Peloton stock to "neutral" 1 Dividend Stock With a Record-High Yield Tim Plaehn, Editor of The Dividend Hunter just found a new dividend stock that makes any bank account light up like a Christmas tree...thanks to its record-high 35% yield paying monthly dividends! And the best thing is, it's a true bargain that most people don't know exists. All the details are in a free Special Report that you can download right now for free with no strings attached. Click here for all the details. Sponsored Want More Minute-to-Minute Updates? Ranking the most volatile stocks → Schaeffer's Volatility Scorecard Before the market opens → Opening View After the market close → Market Recap 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.