Rivian, Teladoc, Bed Bath & Beyond, Walmart

Rivian, Teladoc, Bed Bath & Beyond, Walmart

Here are Friday’s biggest calls on Wall Street: DA Davidson initiates Teladoc as buy DA Davidson said it sees upside for the the telehealth company. “COVID created unprecedented tailwinds for the market, which turned into headwinds; we believe we are now at stable to growing penetration rates for telehealth, and that Teladoc is well-positioned to … Read more

Kellogg, Lennar, Spirit Airlines and others

Kellogg, Lennar, Spirit Airlines and others

Check out the companies making headlines before the bell: Kellogg (K) – Kellogg jumped 8.1% in premarket trading after announcing plans to split into three separate public companies. One entity will comprise the snack and international cereal businesses, another the U.S. cereal business and the third will be a pure-play plant-based food producer. Lennar (LEN) … Read more

‘Sell stocks into any rally’

‘Sell stocks into any rally’

CNBC’s Jim Cramer on Friday warned investors that any upcoming market rallies will be temporary as the Federal Reserve turns up the heat in its fight against inflation. “Until we see a pattern of higher unemployment, lower consumer spending and lower oil prices, just presume that you need to sell stocks into any rally because … Read more

Look for more selling pressure next week as investors learn the hard way not to fight the Fed

Look for more selling pressure next week as investors learn the hard way not to fight the Fed

Federal Reserve Chairman Jerome Powell adjusts his tie as he arrives to testify before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress” on Capitol Hill in Washington, July 15, 2021. Kevin Lamarque | Reuters Wall Street and the Federal Reserve appeared to enter a new … Read more

Market will soon bottom and is ready for a rally

Market will soon bottom and is ready for a rally

CNBC’s Jim Cramer predicted on Thursday that Wall Street will soon bottom and the market will be poised for a “massive rally.” “Suddenly the conventional wisdom is saying that there is too much of anything, so prices will fall. Stock prices are anticipating that. And so the oil sectors were the only sectors that sustained … Read more