Stocks to sell

After the Trump tax cut in 2017, it was easy to see that big corporations were the big winners. They could extend their massive stock buyback programs into 2018 and keep earnings growing until the economy got back up to speed. But it also helped the banks, especially regional bank stocks. They were able to
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Shares of Chinese electric vehicle (EV) manufacturer NIO (NYSE:NIO) have been under serious pressure for most of 2019. Early in the year, NIO stock got a huge bump from favorable coverage in a “60 Minutes” special. Source: Shutterstock That rally was ultimately short-circuited by an announcement from management that early 2019 deliveries were trending below
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U.S. equities are falling hard on Friday, continuing a week of losses, as a cavalcade of global macro factors weigh on sentiment. The big news was that President Donald Trump is threatening to enact tariffs against Mexico unless it curbs illegal immigration through the southern U.S. border. This caps long-running hints that Trump could close
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It’s easy to assume that the problems facing Nvidia (NASDAQ:NVDA) will pass relatively soon. The Nvidia stock price is down about 50% from early October highs, but most chip stocks have struggled. Trade war concerns aren’t helping. The company is lapping quarters boosted by cryptocurrency demand. Source: Shutterstock At some point, a bull could argue,
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Uber (NASDAQ:UBER) will deliver its first earnings report as a public company after the market closes May 30, and investors are bracing for bad news. Source: Shutterstock The company is expecting to lose $2.39 per share, on revenue of $3.07 billion. This comes to $4 billion based on Uber’s 1.68 billion shares outstanding. In one
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Throughout many life circumstances, you’ll often hear the phrase “there are two sides to every story.” Usually, this is such an annoyingly accurate statement that you don’t need to repeat it. But in some situations, only one narrative is valid. I believe that’s the case for Bank of America (NYSE:BAC), particularly BAC stock. Source: Shutterstock
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This time it’s different. We’ve all heard this phrase before, often in a condescending context. Typically, market forecasters who got something wrong earlier will use it to double down on their initial prognostication. But when it comes to picking which stocks to sell amid the re-escalated U.S.-China trade war, this situation has no parallel. Obviously,
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Concerns over the deepening rift with China is pushing the Dow Jones Industrial Average back to levels not seen since early February, a clear breakdown below its 200-day moving average. What is worrying is that the move traces out a head-and-shoulders reversal pattern that traces a decline to the 24,000 level last seen in February,
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Over the past six weeks, Disney (NYSE:DIS) stock has rewarded shareholders well. On Apr. 11, prior to Disney’s  investor day presentation, Disney stock price closed at $116.60. The next morning, DIS stock gapped up to open at $127.91. Finally, on Apr. 29, DIS stock reached an all-time high of $142.37. Year-to-date, Disney stock is up 22%.
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What’s interesting about Alibaba (NYSE:BABA) is that it has been a much better company than an investment. It’s hard to argue that Alibaba hasn’t lived up to expectations since its IPO nearly five years ago. Yet it hasn’t done all that much for the BABA stock price. Source: Shutterstock Since its first-day close just under
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