The Stock Market’s Movements in the Week from June 17 to 21
Online stock trading is all about closely monitoring the markets for potential goldmines or sinkholes. The US markets had their share of winners and losers in a week marked by anticipation for the Fed meeting and the hopes of a trade deal between the United States and China. The Fed did not cut the rates though, but rather kept them steady and indicated that it could go ahead with a rate cut in the future. Let’s start with the gainers.
Education technology company Aspen Group Inc ($ASPU) soared 25.93% to $5.10 and earned a Buy rating on TradingView.com. China SXT Pharmaceuticals Inc ($SXTC) jumped 23.65% to $4.34 and was given a Buy rating. Bel Fuse Inc rose 22.64% and touched $17.66 to be classified a Buy. Contravir Pharmaceuticals Inc ($CTRV) jumped 21.21% to $5.20 but was categorized a Strong Sell. In the S&P 500, Humana Inc ($HUM) rose 4.40% to $270.21. Baker Hughes A GE Co ($BHGE) had a 3.33% rise to $25.17. Carmax Inc ($KMX) rose 3.18% to hit $85.64.
Peck Company Inc ($PECK) sank 38.23% to $11.10, while Akerna Corp ($KERN) dropped 25.99% to $27.05. LSC Communications Inc ($LKSD) slipped 18.87% to $4.73. Moxian Inc ($MOXC) dropped 18.55% to $2.59 but was classified a Buy by TradingView. In the S&P 500, Sealed Air Corp ($SEE) sank 4.51% to $41.70. Altria Group Inc ($MO) dropped 4.50% to $48. Carnival Corp ($CCL) dropped 4.45% to $46.63, while Align Technology Inc ($ALGN) touched $283.56, dropping 4.10%.
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