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Netflix gets double upgrade as analyst urges to buy on the 27% dip

One Wall Street brokerage just did an about-face on Netflix, telling clients the the stock’s 27 percent decline from its July high represents an attractive buying opportunity. In a rare move, Buckingham Research raised its rating two notches to buy … Continue reading

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Stock Market Update Thursday, November 1st, 2018

Stocks kicked off the month of November with a win today. The major indices began the day slightly higher, then pulled back in early trading. But after the dip, President Trump helped lift stocks with a tweet saying that talks with China are … Continue reading

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Stock Market Update Wednesday, October 31st, 2018

Stocks finished higher for the 2nd day in a row today. An overnight rally put the major indices in a nice position at the open. With a late morning move and another push higher in the afternoon, the major indices were … Continue reading

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Dow up more than 400 points!

Stocks bounced back today. And with today’s gains, the S&P and DOW are back in positive territory for the week. The major indices were on the move early this morning with a nice rally to start the day. But 30 minutes into the trading … Continue reading

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DOW enters correction territory after big reversal

Stocks got off to a nice start today. With the major indices rallying into the open, it looked like we were going to see a nice bounce after last week’s losses. The S&P was up 1.8% early on. But after the strong … Continue reading

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Morgan Stanley breaks with rest of Street, thinks October sell-off is ‘morphing’ into a bear market

Morgan Stanley disagrees with the rest of Wall Street: The bank’s top strategists are gearing up for a much longer bear market while others are betting the sell-off is short-lived. “The rolling bear market continues to make progress and there … Continue reading

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Goldman Sachs: A market rebound is coming driven by company share buybacks

The stock market sell-off over the past month has gotten “overdone” and will be offset in part as companies return to buying back their own shares, according to a Goldman Sachs analysis that sees the market gaining close to 6 … Continue reading

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Nasdaq turns negative as shares of Amazon fall, Dow remains positive

Stocks traded mostly higher on Monday as investors tried to regain their footing amid steep losses this month. Sentiment was also lifted by a big acquisition in the tech space as well as strong gains by bank shares. Gains were … Continue reading

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