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Follow this list to discover and track stocks that have set MACD bullish crosses within the last week. A bullish crossover occurs when the MACD turns up and crosses above the signal line. Our algorithms use 12,26,9 as MACD parameters. This list is generated daily and ranked based on market cap. This list is generated daily, ranked based on market cap and limited to the top 30 stocks that meet the criteria.
Elon Musk says nobody censors his Twitter in the wake of his settlement with the SEC. "The only tweets that would have to be say reviewed would be if a tweet had a probability of causing a movement in the stock," he clarified in a wide-ranging interview with 60 Minutes. When prodded further by host Lesley Stahl, he said: "Yeah, I mean otherwise it's, "Hello, First Amendment." Like Freedom of Speech is fundamental." Musk also continued his tirade against the SEC, which he previously dubbed the "Shortseller Enrichment Commission" on Twitter, this time adding: "I want to be clear.
Tesla has teased that Navigate on Autopilot will gradually handle more and more driving responsibilities, but those aren't just fanciful long-term plans -- they're very much on the roadmap for the near future. In the midst of a public pitch for Navigate on Autopilot, Elon Musk mentioned that Tesla is currently testing "traffic lights, stop signs & roundabouts" in pre-release software. It's hard not to be a bit skeptical of Musk's claim that you'll soon travel to work with "no driver input at all," but this is promising if the very thought of entering a busy roundabout makes you nervous.
Elon Musk this weekend doubled down on a prediction the $35,000 Tesla Model 3 would be available around the middle of 2019. And then, he didn’t.
Everyone's favorite billionaire is back in the news. Tesla and SpaceX founder Elon Musk appeared in a 60 Minutes interview this weekend covering a wide range of topics including recent labor complaints at Tesla and his replacement for chairman of the board. SEE ALSO: How to Enable Emoji on iOS But perhaps no subject was more revealing than Musk's comments on his (often antagonistic) use of Twitter, the social network that cost him the Tesla chairman position as part of a settlement with the U.S. Securities and Exchange Commission. It was during this part of the 60 Minutes interview that Musk made clear exactly what he thinks of the independent federal agency. "Have you had any of your tweets censored since the settlement?" asks 60 Minutes correspondent Leslie Stahl, slowly wading into the topic of his peculiar behavior on Twitter. "No," responds Musk. "The only tweets that would have to be reviewed is if a tweet had a probability of causing a movement in the stock." Stahl, trying to make sense of his dismissive response, follows up with another question: "But how do they know if it's going to move the market if they're not reading all of them before you send them?" "I guess we might make some mistakes," he says. "Are you serious?" Stahl responds, laughing at his answer. "Nobody's perfect." Musk says, giggling to himself. Then, in no uncertain terms, Musk says exactly what he thinks of the government agency responsible for enforcing the federal securities laws. "I want to be clear," he says. "I do not respect the SEC. I do not respect them." Of course, Musk has plenty of reason to be annoyed with the federal agency. The SEC required Musk to step down as Tesla chairman and pay $40 million in penalties as part of a settlement reached in September during a fraud investigation where he was accused of making "false and misleading tweets." The tweet under investigation was one where Musk said he was considering taking Tesla private and added that he had "funding secured." The tweet sent Tesla's stock soaring. Am considering taking Tesla private at $420. Funding secured. — Elon Musk (@elonmusk) August 7, 2018 Musk later explained he intended to take the company private because it would shield Tesla from short-sellers, or, in other words, investors betting that the stock price would fall. The company also published a blog post titled "Taking Tesla Private," authored by Musk. The eccentric founder explained in the blog post that he'd been in discussions with Saudi Arabia's sovereign wealth fund and was confident of his proposed price of $420 per share. But of course, none of this mattered in the long run, as Musk stepped down as chairman and paid the fine. In the end, Musk said the penalties were "worth it." We can only wonder how he feels about his hostile comments during his 60 Minutes interview. WATCH: DJ Khaled Talks With Ty Dolla $ign at the Red Carpet Pre-Show
Altria investment in Canadian cannabis producer Cronos sparked a rally in the broad cannabis sector and the its ETF. Will the trend continue?
At Vale Day in December 2017, Vale (VALE) had committed to reducing its net debt to $10 billion from $21 billion. While it was at that time seen as quite an ambitious target by analysts, Vale has achieved its aim. During Q3 2018 results, Vale reported that its net debt totaled $10.7 billion, which is the lowest level since Q3 2009.
Norfolk Southern (NSC) reported 0.3% YoY growth in its rail traffic volume in week 48. The company pulled 153,072 railcars compared to 152,584 units in the same week last year. The YoY growth was mainly driven by the strong performance in Norfolk Southern’s intermodal business, which more than offset the weakness in the Carload segment.
PriceSmart's (PSMT) net merchandise sales were down in November from the year-ago period number. Moreover, the company continues to struggle with its disappointing comparable-store sales trend.