1/ $PLUG Plug Power Announces Execution Of Definitive Agreement To Acquire Applied Cryo Technologies; Terms Not Disclosed
Plug Power Inc. Signs LOI For 50-50 Joint Venture To Build Gigafactory In Queensland, Australia.
2/
$CAT Caterpillar Inc. to Announce Third-Quarter 2021 Financial Results on October 28
$FUTU Futu Holdings shares are trading lower following a report on Nasdaq's website titled 'Chinese online brokers Futu and UP Fintech face regulatory risks - People's Daily website.'
3/
$EBAY Science Based Targets initiative approves eBay's ambitious goal to reduce scope 1 and 2 carbon emissions 90% by 2030
$DPZ Domino's Pizza shares are trading lower after the company reported worse-than-expected Q3 sales results.
4/
$BYND 'McDonald's is bringing its plant-based burger to the U.S.' -Restaurant Business Online
$BNTX $PFE Israel Ministry Presentation To FDA Advisory Panel Shows Booster Dose Of Pfizer/BioNTech Vaccine Raised Protection Against COVID-19 Infection In Ages 16 And Above
5/
$OSTK Prometheum's Alternative Trading System Receives SEC Approval, Marking Major Milestone for Digital Securities
$AZN Biden administration officials reiterate support for COVID-19 IP vaccine waivers
$CAT Caterpillar rated Buy at Cowen ahead of first 'megacycle' in 14 years
$TSLA 'Tesla Invests Most On R&D Among Rivals, Least On Advertising' -Inside EVs
$DPZ Domino's Pizza Says Decline In US Same Store Sales Due To Lower Order Counts, Pressured By A Challenging Staffing Environment
$MSFT Microsoft To Shut China LinkedIn Version; To Replace Chinese Service With Job Board Lacking Social-Media Features
$MS Morgan Stanley CEO says inflation is "not transitory"
$DOCU DocuSign Highlights Introduction Of DocuSign Ventures, 'a new initiative dedicated to nurturing the growing ecosystem of entrepreneurs and startups that are changing the future of how we all will agree'
$DKNG $HZAC DraftKings invests in SPAC set to merge with Vivid Seats
$NFLX Netflix Co-CEO Blasts Employee Anger On Dave Chappelle's 'The Closer,' Claiming Jokes Don't Create Violence Against LGBTQ People
Benzing top upgrades
1A/ According to Roth Capital, the prior rating for Ring Energy Inc $REI was changed from Neutral to Buy. For the second quarter, Ring Energy had an EPS of $0.07, compared to year-ago quarter EPS of $0.02.
1B/ $REI The current stock performance of Ring Energy shows a 52-week-high of $4.16 and a 52-week-low of $0.43. Moreover, at the end of the last trading period, the closing price was at $3.80.
2/ For United States Steel Corp $X, Argus Research upgraded the previous rating of Hold to Buy. For the 2nd quarter, US Steel had an EPS of $3.37, compared to 1 ago quarter EPS of $2.67. At the moment, the stock has a 52-week-high of $30.57 and a 52-week-low of $8.23.
3/ B of A Securities upgraded the previous rating for Range Resources Corp $RRC from Underperform to Buy. Range Resources earned $0.24 in the 2nd quarter, compared to $0.10 in the year-ago quarter. At the moment, the stock has a 52-week-high of $25.38 and a 52-week-low of $5.93.
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Elliot Wave Theory (EWT) is a form of technical analysis that traders use to analyze financial market cycles & forecast trends by identifying extremes in investor psychology and price highs & lows.
It was developed by Ralph Nelson Elliott in the 1920s. He realized that markets moved in "waves" or cycles of peaks and troughs. Elliott Wave can be very complex due to the ruleset, I plan to go over the basics in this thread.
Impulsive and Corrective Waves
These are the two types of waves. Impulses are uptrend waves. Corrective are consolidation waves. Being able to identify which wave we are in is a market edge.
10 Powerful Lessons from Trading Legend Jesse Livermore
He might be the most famous trader in the room. He started at 14 & by the stock market crash in 1929, he was worth over 100 million dollars. Although he lost his fortune, here are some lessons we can all learn from him.
1. Market Leaders - when in a bull market, pay attention to the leaders. This is where you will make the lion's share of your profits.
2. History Repeats - Greed & fear drive the market & human emotions are plain to see. If it happened in the past, it will happen again. Watch for patterns and observe the personality of the stocks you trade.
“History never repeats itself, but it does often rhyme.” - Mark Twain