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Day Traders Diary

7/10/20

The major averages rose throughout the day on news of improving drug treatments raising hopes for an economic recovery following the recent resurgence in Covid-19 outbreaks. The Dow Jones Industrial Average rose 369 points or 1.4% to 26,075. The S&P 500 climbed 1%, or 32 points, to 3,185. The Nasdaq... Read More

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Diamonds and Dogs

7/10/20

Netflix (NFLX) remains red hot. The streaming giant is up 6% to new highs as Goldman Sachs upgrades the stock predicting that Netflix has added over 12 million new subscribers verse estimates of 7.5 million new subscribers. The analyst raised his earnings estimates and price target to $670 a... Read More

7/9/20

Nvidia (NVDA) surpasses Intel as the largest chipmaker. The graphic chipmaker is up 2% to new highs surpassing Intel with a market cap of $257 billion. For the year, Nvidia shares have gained 74% while Intel shares have slipped 2%, compared with a 11% gain in the PHLX... Read More

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