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Day Traders Diary

5/19/22

The major averages tried to rebound into the green numerous times today following the benchmark's worst day since 2020. The Dow Jones Industrial Average finished down 200 points or 0.6%. The Nasdaq Composite dropped 25 points or 0.23% while the S&P 500 index fell 20p points. The benchmark is teetering... Read More

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Diamonds and Dogs

5/19/22

Live Nation (LYV) is jamming as live event demand is booming. The stock is up 5% as demand for live events is still booming. Citing high demand, the company also raised its full-year revenue guidance by $10 million, projecting 2022 full-year revenue of between $520-$555 million. Cisco (CSCO) latest... Read More

5/18/22

TJX (TJX) bucking the trend. The clothing retailer is up 6% following earnings. Earnings were not great, beating by 8 cents as sales missed estimates and then provided downside guidance for the second quarter. Many of the retailers are providing downside guidance. Profit margins were better than expected... Read More

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