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Jobless Claims Rose Less Than Expected As President Biden Prepares To Sign $1.9 Trillion Stimulus Deal

Plus, AstraZeneca shares are down after Denmark temporarily suspended use of its COVID-19 vaccine, Johnson & Johnson’s coronavirus vaccine was approved for use in the EU, and a group fo activist investors reduced the number of board seats it wants on Kohl’s board.

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Tech Stocks Move Higher As 10-Year Treasury Yield Falls To 1.52%

Plus, Chipotle shares are up as the restaurant chain announces the addition of quesadillas to its digital menu, Target is launching a new private food label, Dick’s reported an earnings beat, and bitcoin again has a market cap of more than $1 trillion.

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GameStop Taps Chewy Co-Founder To Lead Shift To E-Commerce – Shares Up 30%

Plus, $1.9 trillion stimulus deal expected to be signed by President Biden early in the week after bill passed the Senate over the weekend, PayPal is buying crypto security firm Curv, and GE may be nearing an agreement to combine its jet leasing business with AerCap Holdings.

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Tech Stocks Drop As 10-Year Yield Surges Above 1.6%

Plus, the Labor Department’s February jobs report was stronger than expected, Kohl’s shares are down after a group of activist investors said the retailer is settling for being the “best of the worst,” and ViacomCBS shares jumped to a new all-time high after launching its Paramount+ streaming service.

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Biden Set To Announce Merck Will Help Produce J&J’s COVID-19 Vaccine

Plus, Target and Kohl’s both delivered earnings beats, Taco Bell-owner Yum Brands bought an A.I. business to help it improve its marketing, and Instacart’s valuation has doubled.

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Walmart Just Poached Two Goldman Bankers As The Retailer Ventures Into Consumer Banking

Plus, bitcoin is up after Citi said the digital coin could one day “become the currency of choice for international trade,” Boeing is up after United Airlines said it is buying 25 more 737 Max planes, and another space start-up is going public through a SPAC merger.

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Meme Stocks Are Back As GameStop Surges 85% Higher

Plus, jobless claims fell sharply last week amid harsh winter storms across the central U.S., an analyst says Moderna could soon see a $100 billion valuation, Wayfair reported an earnings miss, and Coinbase is going public.

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FDA Staff Recommend Johnson & Johnson’s Single-Shot COVID Vaccine For Emergency Use Authorization

Plus, House Democrats are planning to pass the $1.9 trillion coronavirus relief bill on Friday, Lowe’s delivered an earnings beat, and Workhorse shares are down after getting passed over for a contract with the USPS.

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Boeing’s 777 Grounded After Engine Failure Over The Weekend

Plus, bitcoin dropped on a tweet from Elon Musk, Democrats are pushing to pass stimulus before March 14, Kohl’s shares are up after a group of activists nominated new members to the retailer’s board, and Taco Bell just unveiled its entry to the crispy chicken sandwich wars.

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Overstock.com, Inc. (OSTK) – Buy Price: $105.00 or better

Buy Price: $105.00 or better Sell Price: TradersPro Sell Signal Overstock.com, Inc. operates as an online retailer in the United States and internationally. It operates through Retail, tZERO, and Medici Ventures segments. The company offers furniture; and home décor, including rugs, bedding and bath, home improvement, kitchen items, and other related products. It also operates […]

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Stocks Slip On Unexpected Rise In Initial Jobless Claims

Plus, last month’s GameStop saga is under the spotlight in Congress today, Walmart reported mixed earnings, and bitcoin surged above $52,000 for the first time.

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