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Stocks Daily Review September 12, 2019

Stocks Daily Review for September 12, 2019

Global stocks are dropping after Chinese factory prices fall, stoking fears deflation is spreading | Markets Insider

World stocks slid on Tuesday as traders reacted to falling prices of Chinese manufactured goods and disappointing French industrial production data. China…

 

EdF shares tumble after saying it’s found faults in part manufacturing

Shares of Electricite de France dropped sharply in early action, losing nearly 8%, after saying its majority-owned nuclear reactor construction firm…

 

Implied iShares Russell Mid-Cap ETF Analyst Target Price: $62

For the iShares Russell Mid-Cap ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $61.83 per unit.

 

Implied iShares Russell 1000 Value ETF Analyst Target Price: $141

For the iShares Russell 1000 Value ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $141.34 per unit.

 

S&P 500 Price Outlook: Value Stocks Outperform Momentum, Tech Lags

After breaking outside of its August range, the road higher seemed to be laid out for the S&P 500, but tech and momentum stocks have been largely absent from the rally effort.

 

Wall Street opens modestly lower as technology shares underperform

Major equity indexes in the United States started the day modestly lower pressured by the sharply falling technology shares. As of writing, the Dow Jo

 

GE to sell millions of Baker Hughes shares, no longer have majority control

General Electric Co. plans to sell millions of shares in spinoff Baker Hughes , and will no longer control the majority of shares in the company. Baker…

 

Roku’s stock tumbles after Apple TV+ pricing unveiled; Disney and Netflix stocks fall as well

Shares of Roku Inc. tumbled 12% in afternoon trading, with losses accelerating after Apple Inc. unveiled its price for its Apple TV+ service which was about…

 

Small-cap stocks rally, Russell 2000 on pace to close above 50-day moving average

Small-capitalization stocks rallied Tuesday, with the Russell 2000 index rising about 13 points, or 0.9%, to 1,538, above its 50-day moving average of…

 

Peloton plans to sell IPO shares for $26 to $29

Peloton Interactive Inc. plans to charge $26 to $29 for shares in its initial public offering, which would raise up to $1.16 billion at a valuation of up to…

 

Prosus Shares Surge 25%, Meet Europe’s New Tech Giant

A South African company made major gains when it listed a new venture, Prosus, on Wednesday morning.

 




We Did The Math: The iShares Russell 1000 ETF Can Go To $182

For the iShares Russell 1000 ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $181.72 per unit.

 

Avoid the Micro-Bubble Stocks

The Micro-Bubble stocks remain overvalued and we expect them to continue to underperform the market (outperform as shorts).

 

WTI trades below $58 despite larger-than-expected draw in US crude oil stocks

Crude oil prices struggled to capitalize on the Energy Information Administration’s (EIA) weekly oil market report and the barrel of West Texas Interm

 

EIA: US crude oil stocks decreased by 6.9 million barrels

The weekly report published by the US Energy Information Administration (EIA) revealed that commercial crude oil inventories in the US decreased by 6.

 

United States EIA Crude Oil Stocks Change below forecasts (-2.6M) in September 6: Actual (-6.912M)

United States EIA Crude Oil Stocks Change below forecasts (-2.6M) in September 6: Actual (-6.912M)

 

Wall Street opens modestly higher led by tech shares

Major equity indexes in the US opened slightly higher on Wednesday led by gains in technology shares. As of writing, the Dow Jones Industrial Average

 

‘Big Short’ legend Michael Burry recently unveiled a bullish bet on GameStop – but the retailer’s shares are plummeting after a dismal earnings report (GME) | Markets Insider

GameStop tanked as much as 18% on Wednesday after the company pushed its yearly sales forecast lower and announced a decline in second-quarter revenue for…

 

Uber, Lyft stocks surge after WSJ report California governor wants to keep negotiating regardless of A.B. 5 outcome

Shares of ride-sharing companies Uber Technologies Inc. and Lyft Inc. rallied in morning trading Wednesday, after the California Governor Gavin Newsom…

 

US Stocks end in synchronized positive territories ahead of the ECB

U.S. stocks ended higher on Wednesday, anticipating an easier money cycle in central bank policies ahead of Thursday’s ECB. The DJIA notched its sixth

 

Have a nice trading!




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