Yahoo Finance's Emily McCormick joins The First Trade to break down Gap's response to a lawsuit filed by the mall owner Simon Property Group against the retailer....
Shares of DraftKings (NASDAQ:DKNG) have been on a tear since the IPO in late April. DraftKings stock has more than doubled in that time frame. It has benefited from the stay at home orders as bettors no longer could head to the casinos.Source: Lori Butcher/Shutterstock.com Certainly some of the move higher was warranted given the uptick in platform use and the increased likelihood of more states legalizing gambling to bring in much needed revenues. The red-hot rally has now come too far, too fast. Time to cash in your bets on DKNG. Fundamental FocusMatt McCall and the InvestorPlace Research Staff put together an outstanding research report yesterday. They highlighted many reasons to like DraftKings stock going forward, but wouldn't be a buyer at current levels due to valuation concerns. Instead they recommend waiting for a pullback before buying DraftKings stock.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe average analyst...
Tech stocks are stole the headlines yesterday with the Nasdaq-100 officially reaching a record high. In celebration of the milestone, and to help you make some dough, here are three Nasdaq stocks to buy.Some would say yesterday's push into all-time highs was inevitable. Large-cap tech has led the market recovery since day one. Relative strength was even its loyal companion during the March massacre. Compared to the broader S&P 500's drop of 36%, the Invesco QQQ ETF (NASDAQ:QQQ) was only down 31% at its trough.While it's true that the market recovery has broadened out to include small-caps and sectors that initially lagged, it hasn't come at the expense of the tech sector. We've seen a slight slowing in the ascent over the past two weeks, but all support zones have held firm, and the uptrend remains intact.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Hotel Stocks to...
Diamond Hill Capital recently released its Q1 2020 Investor Letter, a copy of which you can download below. The Diamond Hill Small Cap Fund posted a return of -36.17% for the quarter, underperforming its benchmark, the Russell 2000 Index which returned -30.61% in the same quarter. You should check out Diamond Hill Capital's top 5 […]...
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each […]...
