Market recap for Tuesday, June 13th 2017
The Dow jumping to a new all-time high as tech recovers with FANG back in the hunt.
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The Headache at the End of the Costco Gold Rush
Costco made buying a gold bar as simple as tossing it in a shopping cart. Adam Xi, 33 years old, called five different dealers to get a price he could accept for the gold bar he bought at Costco in October. Costco shoppers are spending as much as $200 million monthly on gold, according to a Wells Fargo estimate.
The Wall Street Journal•Nvidia Sinks, Exposing 8 'Secrets' For When To Sell Stocks
As top growth stocks like Nvidia fall below key moving averages, keep in mind these proven rules for when to sell stocks.
Investor's Business Daily•Don't buy the dip in stocks just yet as a wave of selling is about to bring the market to a bottom, according to one of the biggest bulls on Wall Street
The S&P 500 could bottom out in the next month, according to Fundstrat's head of research Tom Lee.
Business Insider•Here is What to Know Beyond Why Pfizer Inc. (PFE) is a Trending Stock
Recently, Zacks.com users have been paying close attention to Pfizer (PFE). This makes it worthwhile to examine what the stock has in store.
Zacks•Why Super Micro Computer Stock Just Crashed 17%
Super Micro Computer just spooked its investors with a suggestion that it will earn exactly what it promised to earn three months ago.
Motley Fool•Welcome to 'peak boomer' era: A wave of retirees is about to blow through their savings and cling to Social Security to stay afloat
While more older boomers tend to have a pension, a looming wave of younger retirees are about to strain the economy and Social Security.
Business Insider•Magnificent Seven Stocks To Buy And Watch: Nvidia Stock Dives Below Key Level
Magnificent Seven stocks, including AI leader Nvidia, are among the best stocks to buy and watch in today's stock market.
Investor's Business Daily•Super Micro Leads Tech Selloff as AI Winners Slump Sharply
(Bloomberg) -- Super Micro Computer Inc. shares are seeing their biggest drop in about two months on Friday, leading a sharp decline among technology stocks with exposure to artificial intelligence.Most Read from BloombergElon Wants His Money BackNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemDubai Grinds to Standstill as Flooding Hits CityIsrael Reported to Have Launched Retaliatory Strike on Iran‘Mag Seven’ Get Crushed Before Next Week’s Results: Markets WrapThe maker
Bloomberg•Nvidia Falls Below Key Level Of Support; Is Nvidia A Buy Now?
If you are still holding to Nvidia stock, here is a key sell signal to watch for: Shares dipped below the 50-day moving average Friday. Nvidia's chart shows that its relative strength line, which compares the company's stock performance to the S&P 500, is flattening. Chief Executive Jensen Huang recently addressed students at his alma mater of Oregon State University and stated that "artificial intelligence is the technology industry's single greatest contribution to social elevation."
Investor's Business Daily•Super Micro Stock Dives as It Skips Earnings Preannouncement
In seven of the past eight quarters, the company disclosed preliminary results ahead of its earnings report, generally raising its guidance.
Barrons.com•