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Credit Suisse To Take $4.7 Billion Hit From Archegos Scandal

Plus, Starbucks is phasing out disposable cups in South Korea by 2025, United Airlines is opening a pilot training school, and sports trading cards maker Topps is going public via a SPAC merger.

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One Hot Stock

Coffee Holding Co., Inc. (JVA) – Buy Price: $3.75 or better

Buy Price: $3.75 or better Sell Price: TradersPro Sell Signal Coffee Holding Co., Inc. manufactures, roasts, packages, markets, and distributes roasted and blended coffees in the United States, Australia, Canada, England, and China. The company offers wholesale green coffee products, which include unroasted raw beans of approximately 90 varieties that are sold to large, medium, […]

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AMC Shares Jump After The Movie Theater Operator Said It Plans To Reopen In July In Time For Summer Blockbusters

Plus, the OECD warned that the coronavirus has caused the worst recession outside wartime in 100 years, Starbucks expects to lose $3.2 billion in revenue in its fiscal third quarter, and Taubman shares are down more than -20% after Simon Property Group said it is terminating its deal to acquire the luxury mall owner.

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As The Nasdaq 100 Nears A Record High, This Stock Can Help Traders Play Catch Up

There’s upside ahead for this stock as it recovers from the coronavirus pandemic.

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Stocks Are Higher As States Across The U.S. Begin To Slowly Reopen Their Economies

Plus, oil fell lower again, GM is suspending its dividend to shore up cash, Tesla is calling employees back to its Fremont, California plant ahead of schedule, and Starbucks shares are higher after the coffee giant struck a partnership with Sequoia Capital China to expand its operations in the world’s second largest economy.

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Jobless Claims Surged By 6.65 Million Last Week Bringing The Two-Week Total To More Than 10 Million

Plus, oil is climbing after Trump said Russia and Saudi Arabia will work toward easing the pressure on oil by ending their price war, U.S. coronavirus cases rose past 216,000, and Luckin Coffee shares plummeted after the company disclosed that its COO had fabricated 2019 sales figures.

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Harley-Davidson Just Reported Its Lowest Quarterly Sales Since 2014

Plus, the Chinese coronavirus has spread to more than 4,600 patients, U.S. consumer confidence grew this month, and the U.K. is allowing vendors to use Huawei hardware in the build-out of the country’s 5G network.

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Youngevity International, Inc. (YGYI) Buy Target $5.12 – Sell Target $5.94

Trade Setup Buy Target $5.12 Sell Target $5.94 Trailing Stop 20% Youngevity International, Inc. develops and distributes health and nutrition related products and services in the United States and internationally. It operates in three segments: Direct Selling, Commercial Coffee, and Commercial Hemp. The company offers nutritional supplements, gourmet coffee, weight management products, skincare and cosmetics, […]

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Why One Technical Analyst Says This Coffee Giant Is A Buy

Things are perking up for Starbucks (NASDAQ: SBUX) shares. The world’s largest coffee chain has climbed roughly 13% in the past three months while the rest of the market has struggled, and is now back in the range of its record highs. Today, the stock reported earnings that beat analysts’ estimates in the key regions […]

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