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Day Traders Diary
Diamonds and Dogs
Day Traders Diary
The major averages rallied to end another great week with the S&P 500 making a new all time high, before pulling back in the afternoon after new comments from President Donald Trump indicating renewed tensions with Canada over trade tariffs. The Dow Jones Industrial Average rose 432 points or 1%.
Nike (NKE) jumps following lackluster earnings. The sneaker giant is up 15% after beating deduced estimates by a penny as sales fell 11% to $11.1 billion. While the earnings were not great, some analysts were expecting worse numbers. A couple analysts upgraded the stock hoping the worse is behind Nike.
Steel stocks continue to benefit from tariffs. Worthington Steel (WS) is jumping 14% following strong earnings, beating by 23 cents as sales actually fell 8% to $832 million. The Columbus Ohio firm has been a long term supplier to GM. Profit-taking in Micron (MU) and Kroger’s (KR). Chipmaker, Micron is
The major averages rallied to end another great week with the S&P 500 making a new all time high, before pulling back in the afternoon after new comments from President Donald Trump indicating renewed tensions with Canada over trade tariffs. The Dow Jones Industrial Average rose 432 points or 1%.
Diamonds and Dogs
Nike (NKE) jumps following lackluster earnings. The sneaker giant is up 15% after beating deduced estimates by a penny as sales fell 11% to $11.1 billion. While the earnings were not great, some analysts were expecting worse numbers. A couple analysts upgraded the stock hoping the worse is behind Nike.
Steel stocks continue to benefit from tariffs. Worthington Steel (WS) is jumping 14% following strong earnings, beating by 23 cents as sales actually fell 8% to $832 million. The Columbus Ohio firm has been a long term supplier to GM. Profit-taking in Micron (MU) and Kroger’s (KR). Chipmaker, Micron is
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