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Tuesday, June 12, 2018

Why the FAANGs' Hot Streak May End Soon

The best days for these mega cap tech stocks may be behind them.
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Why the FAANGs' Hot Streak May End Soon
The best days for these mega cap tech stocks may be behind them.
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Morning Headlines
Apple Traders Pile in to Bet on 12% Gain
Traders are making unusually large bets that Apple stock will rise.
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Stocks Creep Higher, Dollar Retreats After U.S.-North Korea Summit
World stocks crept higher on Tuesday while the dollar turned negative after hitting a three-week high at the end of a U.S.-North Korea summit aimed at the denuclearization of the Korean peninsula.
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Morgan Stanley Stock May Fall 9% as Profits Sputter
Analysis of technical charts suggest shares of Morgan Stanley may be poised to fall further.
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With Rate Hike in the Bag, Focus Turns to Fed's Policy Language
With the Federal Reserve virtually guaranteed to raise interest rates this week, investors are focused on how the U.S. central bank characterizes its monetary policy.
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Top S&P 500 Gainer & Loser
SRE
Sempra Energy
15.54%
SYK
Stryker Corp
-5.12%
As of last market close.
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Best of the Rest
Activision Blizzard (ATVI) Looking for High Score
Execs Profiting From Record Buybacks: SEC Official
Chart of the Week: The Flare Up of European Populism and Its Investing Implications
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