AMD Reclaims Buy Point

Today was a strong day for chip stocks as Advanced Micro Devices reclaims its buy point.

• AMD's stock surges toward first gain in 6 days amid broad chip-sector rally

  MarketWatch
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  Why AMD's Latest Win Over NVIDIA Should Power Its Stock Higher

  Motley Fool

Why stocks could plunge 15% if the Federal Reserve doesn't do one thing

Federal Reserve Chairman Jerome Powell better deliver Mr. Market his 100-pound slab of beef on Wednesday, or else. That beef should be of the high-end wagyu variety — a mixture of a strongly dovish press release on Fed decision day (aka removal of the word “patient”) followed by an equally dovish press conference with reporters. After all, it's clearly what a market seemingly back to going up each day is craving right now.

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  Draghi's stimulus hints put ECB in Trump's crosshairs

  Reuters
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  Price of Gold Fundamental Daily Forecast – Traders Adjusting to Lower Expectations of June Rate Cut

  FX Empire

Scripps settles antitrust suit that claims advertisers were hurt

The U.S. Justice Department has reached a settlement with E.W. Scripps Co. regarding an antitrust lawsuit that claims advertisers were hurt when the media firm's stations exchanged competitively sensitive information. Cincinnati-based Scripps (Nasdaq: SSP), which owns or operates 60 television stations across 42 markets and had more than $917 million in revenues in 2018, allegedly engaged in unlawful information sharing among its owned broadcast TV stations. “Scripps disagrees with the DOJ's allegations,” spokeswoman Carolyn Pione Micheli said.

Boeing Stuns Paris Air Show With Huge 737 Max Order; Even Ethiopian Air Warms Up

Boeing received a letter of intent for 200 737 Max jets at the Paris Air Show, despite the continued worldwide grounding, while Airbus announced more orders for its new A321XLR jet. Boeing, Airbus Orders The 200-plane letter of intent from the International Airlines Group, which is the parent of Aer Lingus, British Airways, Iberia, Vueling and LEVEL, is worth $24 billion at list prices. "We have every confidence in Boeing and expect that the aircraft will make a successful return to service in the coming months having received approval from the regulators," IAG CEO Willie Walsh said.

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  Worldwide 737 MAX Grounding Is Hurting Boeing’s Jet Deliveries

  Market Realist
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  Boeing signs first deal for 737 Max jet since deadly crashes

  Associated Press

The 5 Worst Dow Jones Stocks So Far in 2019

The Dow Jones Industrial Average has gained nearly 12% so far in 2019. It doesn't seem like a whole heck of a lot, but considering the topsy-turvey markets of 2019, it's a pretty strong lift. That gain was driven by the majority of the Dow 30 as most of the stocks in the DJIA index contributed to its postive year-to-date gain.

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  Trump tweets about phone call with Xi Jinping, stocks rise

  Yahoo Finance Video
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  Trump says having 'extended meeting' with Xi at G20 summit

  AFP

I’m a 29-Year-Old With $235k in Student Debt. I’ll Never Pay It Back.

The first $120,000 came with a bachelor's degree from my state school. Without income driven repayment, the minimum payment amount for my federal student debt would be around $1,000. One in four American adults has student debt.

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  Michael Torpey Is Helping People Pay Off Student Loan Debt on Paid Off

  Yahoo View
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  A Complete Guide to Student Loan Consolidation

  Motley Fool

10 Monster Growth Stocks to Buy for 2019 and Beyond

By using TipRanks market data, you can see both  analysts' consensus estimates and the upside potential from the current share price to the average analyst price target. Oil and gas giant Concho Resources (NYSE:CXO) deserves a hefty dose of support. Concho's operations are centered on the Permian Basin — one of the most prolific oil and gas regions in the U.S. Its core operating areas include the Delaware Basin and the Midland Basin and span nearly one million gross acres.

U.S. Steel, Darling of Trump's Tariffs, Plans to Idle Plants

Starting in 2018, U.S. President Donald Trump has been touting the restorative value of the tariffs his administration imposed on imports that March. The decision comes amid falling steel prices in the U.S. due to worries of a glut from new capacity planned for the coming years. Major U.S. producers that had announced expansions or restarts include Nucor Corp., Steel Dynamics Inc., Commercial Metals Co., as well as U.S. Steel.

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  Businesses head to DC to make their case against tariffs

  Yahoo Finance
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  India issues new tariffs on 28 American products, creating uneasiness for farmers

  KFSN – Fresno

Sen. Tillis Says Fed Made Mistake in December, Defers to Trump on Powell Demotion

Sen. Thom Tillis, a North Carolina Republican, comments on the outlook for Federal Reserve monetary policy during an interview with Bloomberg's David Westin on "Balance of Power."

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  Fed likely to leave rates steady, despite market outlook and Trump demands

  Reuters
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  Trump Asked White House Lawyers for Options on Removing Powell

  Bloomberg

Brazil leader signs law allowing foreign carriers to operate domestic flights

Brazilian President Jair Bolsonaro on Monday signed a bill into law allowing foreign airlines to operate domestic flights in Latin America's largest air market, a move that could usher in new competition or lead foreign carriers to buy up the local players. The bill had started as an executive order issued by former President Michel Temer in the last days of his tenure in late 2018. Brazil's Congress made the measure permanent last month, but included some changes that required a presidential signature.

GE is unlikely to become insolvent, admits long-time bear

A GE spokesperson tells Yahoo Finance the company's aviation division has booked a solid $50 billion in orders for its engines over two days at the big Paris Air Show this week. GE said it booked $31 billion in orders at the 2017 Paris Air Show. GE confirmed its GE Capital Aviation Services (GECAS) landed a deal with Amazon (AMZN) to lease 15 737-800 Boeing cargo aircrafts as the online retail beast pushes more into controlling its own supply chain.

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  Amazon Expands Air Fleet to Win One-Day Delivery Race

  Market Realist
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  Amazon to end its social network, Amazon Spark

  Mashable Videos

7 Value Stocks to Buy for the Second Half

Value stocks are so out of fashion at the moment that despite being cheaper than they've been in the past 30 years, some experts suggest they're still not the stocks to buy. “We could've had this story 10 years ago and talked about the 20-year anniversary of it being a bad market for value,” Dave Nadig, managing director of ETF.com, said recently on CNBC. Another expert who appeared on the same CNBC show as Nadig suggested that you should only buy value stocks heading into a recession or in the first year coming out of one.

4 Top Marijuana Penny Stocks to Take Seriously in 2019

The 2018 midterm elections made clear that Americans preferred legalization over the continued prohibition of pot, which should bolster the case for the top marijuana penny stocks. When residents in California voted for full recreational weed, it boded well not just for marijuana penny stocks, but for electoral momentum in other states and the midterms emphatically proved this point. In conservative Utah and Missouri, voters approved medical cannabis.

Why Ford Stock Is Undervalued

Ford Motor (NYSE: F) stock has had a good run so far in 2019, closing on Friday at $9.98 and up 30% in 2019. Yet Ford stock price today could be so much higher. The ongoing trade conflict between the U.S. and China is heightening uncertainties for the automotive market.

6 Chip Stocks Staring At Big Headwinds in 2019

Chip stocks have been on a volatile ride over the past year as investors have struggled to grapple with where exactly the semiconductor industry goes next. As the global economy stabilized and recession fears disappeared, so did concerns regarding a slowdown in the semiconductor space. The SOXX ETF rallied back to all-time highs by late April 2019.

One-quarter of the stock market’s 2019 gains come from just five stocks

Roughly one-quarter of the S&P 500's (^GSPC) 15% gain so far this year comes from five high-profile stocks: Microsoft (MSFT), Apple (AAPL), Amazon (AMZN), Alphabet (GOOGL) and Facebook (FB). That's the assessment from Nick Colas, co-founder of DataTrek Research, who ran the numbers: Microsoft: 1.3 points Apple: 0.8 points Amazon: 0.8 points Alphabet: 0.1 points Facebook: 0.8 points That results in a grand total of 3.8 points of the S&P 500's 15.3% gain year-to-date. Without these five stocks, the S&P 500 would be up 11.5%.

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  Amazon to end its social network, Amazon Spark

  Mashable
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  The BreakUP!?: Debating the future of Apple, Amazon, Google and Facebook

  Yahoo Finance Video

Earnings Will Be Huge for Canopy Growth and Marijuana Stocks

Marijuana stocks seem a bit wobbly at the moment and Canopy Growth (NYSE:CGC) is no exception. The CGC stock price hasn't tanked, to be sure. Canopy Growth earnings on Thursday will provide an opportunity to reverse the recent trend.

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  Canopy Growth Pens an Agreement with Procaps—Here Are the Details

  Market Realist
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  Canopy Growth earnings: Can the world’s largest marijuana company keep growing like a weed?

  MarketWatch

3 Mid-Cap Tech Stocks Primed for Gains

This week's spotlight is Facebook (FB), as the company reveals its new cryptocurrency offering today (June 18, as I write this), and on the US Federal Reserve as the Board's Federal Open Market Committee will conclude its regular policy meeting tomorrow with a much-anticipated position announcement on interest rates. Lumentum is leading provider of optical and photonic products for datacom, telecom, and commercial lasers.