U.S. Stocks Seeing Modest Strength, Dow Climbs Above 40,000 For First Time
https://www.rttnews.com/story.aspx?Id=3448471
May 16, 2024 - Stocks are seeing modest strength during trading on Thursday, extending the rally seen in the previous session. The major averages have reached new record highs, with the Dow climbing above 40,000 for the first time. The major averages have pulled back off their highs in recent trading but currently remain in positive territory.
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Great Southern Bancorp (GSBC)'s Technical Outlook is Bright After Key Golden Cross
https://www.zacks.com/stock/news/2274774/great-southern-bancorp-gsbc-s-technical-outlook-is-bright-after-key-golden-cross?cid=CS-ZC-FT-tale_of_the_tape|golden_crossover-2274774
May 16, 2024 - When a stock experiences a golden cross technical event, good things could be on the horizon. How should investors react?
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What's going to happen to FAT Brands with Andy Wiederhorn's charges
https://www.nrn.com/first-bite/whats-going-happen-fat-brands-andy-wiederhorns-charges
May 16, 2024 - Andy Wiederhorn — former CEO and current chairman of FAT Brands — has been accused by the U.S. Securities and Exchange Commission of misappropriating $27 million of company money and using it to “fund his lavish lifestyle,” a complaint filed on May 1
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Why Chipotle's extreme focus on this one thing has paid off
https://www.nrn.com/first-bite/why-chipotles-extreme-focus-one-thing-has-paid
May 17, 2024 - Since we’re officially more than halfway through Q1 earnings reports, it’s fair game to derive some of the winners from the start of 2024. Unquestionably among them is Chipotle, which experienced a 7% increase in same-store sales driven in large part
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Historic week ends with S&P above 5,300, Dow scaling 40K for the first time ever
https://seekingalpha.com/news/4108095-historic-week-ends-with-sp-above-5300-dow-scaling-40k-for-the-first-time-ever?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news
May 17, 2024 - The S&P 500 (SP500) on Friday added 1.54% for the week to end at 5,303.27 points, posting gains in three out of five sessions. Read more here.
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Nvidia and 2 other portfolio stocks report earnings next week. Here's what we want to see from each
https://www.cnbc.com/2024/05/18/nvidia-tjx-palo-alto-networks-report-earnings-next-week.html
May 18, 2024 - There will be less economic data in the week ahead, but we will get earnings from three portfolio names, including one of our two "own, don't trade" stocks.
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