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Day Traders Diary

5/7/21

The major averages are mixed again with the Dow Jones Industrial Average falling into negative territory on Friday following a big miss on the April jobs report, but tech stocks jumped higher as Treasury yields dropped sharply. The Dow Jones erased earlier gains and is now down 47 points. The... Read More

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Diamonds and Dogs

5/6/21

Kellogg (K) jumping 7% thanks to a strong demand for cereal. Kellogg's is working overtime to keep supplies of its most beloved cereals not named cornflakes, Froot Loops, Apple Jacks and Corn Pops, in stock as people continue to consume large quantities of food at home amidst the COVID-19 pandemic. Profit-taking... Read More

5/5/21

Under Armour (UAA) up 9% following earnings and an upgrade. Under Armour easily beat expectations the other day as sales rose 39% to $1.3 billion. Under Armour is doing better with fashion athletic and athleisure while also improving markets with their sneakers. UBS upgraded the stock with a... Read More

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