<!--BeginEzine--> <p>The Dow Jones Industrial Average (DJI) kicked off Monday with a <strong><a href="https://www.schaeffersresearch.com/content/ezines/2024/04/15/dow-drops-248-points-for-6th-straight-daily-loss" target="_blank">sixth-straight daily loss</a></strong> before flipping back and forth for the rest of the volatile week. The S&amp;P 500 Index (SPX) and Nasdaq Composite (IXIC), on the other hand, posted <strong><a href="https://www.schaeffersresearch.com/content/ezines/2024/04/18/s-p-500-logs-longest-losing-streak-since-october" target ..read more

<p><em>Subscribers to Schaeffer's Weekend Trader options recommendation service received this BILL commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters. Learn more about why&nbsp;<a href="https://store.schaeffersresearch.com/products-services/weekly-monthly-newsletters/weekend-trader-alert?code=DCGWKEND" target="_blank"><strong>Weekend Trader</strong></a>&nbsp;is one of our most popular options trading services.</em></p> <div style="text-align: left;"> <div ..read more

<p _msttexthash="80969200" _msthash="264"><strong>Paramount Global&nbsp;(NASDAQ:PARA)&nbsp;</strong>stock was last seen up 10% to trade at $12.07, after The New York Times reported&nbsp;Sony Group (SONY) is discussing plans to acquire the media company&nbsp;with Apollo Global Management (APO). Today's pop has PARA is gapping above the 20-day moving average and eyeing a fourth-straight win, after slipping to an April 10, four-year low of $10.12. For 2024, the equity still carries an <strong><a href="https://www.schaeffersresearch.com/content/news/2024 ..read more

<p>The shares of <strong>ON Semiconductor Corp (NASDAQ:ON) </strong>hit 52-week lows today, after a downgrade from Exane BNP Paribas to "underperform" from "neutral." The firm also adjusted its price target to $55, which is a hefty discount to current levels.&nbsp;</p> <p>At last glance, the stock was down 0.9% at $62.38, earlier as low as $60.60, and trading at its lowest levels since January 2023. The chip sector has been struggling lately, in part due to restrictions from China, and ON is no exception.&nbsp;On track for its sixth-straight daily loss, th ..read more

<p><strong>Netflix Inc (NASDAQ:NFLX)</strong>&nbsp;stock is 8.2% lower to trade at $560.74 today, following a mixed first-quarter report. While the <strong><a href="https://www.schaeffersresearch.com/content/news/2024/02/16/streaming-stock-lower-after-earnings-whiff" target="_blank">streaming giant</a></strong> beat quarterly earnings and revenue expectations, it issued a weaker-than-expected full-year revenue growth forecast and will no longer report quarterly subscriber gains -- arguably investors' favorite metric to track. Instead, Netflix will ..read more

<p><strong><a href="https://store.schaeffersresearch.com/products-services/weekly-monthly-newsletters/expiration-week-countdown?_gl=1*s18qsb*_gcl_au*MzUwNDkwNzY2LjE3MTMxOTY2MDM.*_ga*MTQyNTYxNDY2NC4xNzEzMTk2NjA0*_ga_BV3001L247*MTcxMzQ1MzU3MC4xNi4xLjE3MTM0NTc0OTMuNTEuMC4w&amp;_ga=2.33445304.709043100.1713196604-1425614664.1713196604" target="_blank">Expiration Week Countdown</a></strong> subscribers just quadrupled their money in less than five days with our&nbsp;<strong>Avis Budget Group Inc&nbsp;</strong><strong>(NASDAQ:CAR)</stron ..read more

<p><strong>Duolingo Inc (NASDAQ:DUOL)</strong> stock is surging today, after news that the mobile learning platform will join the S&amp;P MidCap 400 Index, effective April 22. At last glance, DUOL was up 7.2% at $208.64, earlier as high as $217.79.&nbsp;</p> <p>The 20-day moving average seems to be keeping today's gains in check, though the stock is above a host of long-term moving averages, including the 120-day trendline.&nbsp;Today's bounce could've already been in the cards, per Duolingo stock's 14-day relative strength index (RSI) of 26, which sit ..read more

<p><strong>Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM)&nbsp;</strong>stock was last seen down 4.8% at $132.30,&nbsp;despite the&nbsp;<a href="https://www.schaeffersresearch.com/content/news/2024/03/18/taiwan-semiconductor-stock-pops-on-possible-japan-plans" target="_blank"><strong>semiconductor giant</strong></a><strong>&nbsp;</strong>surpassing first-quarter earnings and revenue expectations. Today's losses follow an earthquake in Taiwan earlier this month that led the company scrape some of its wafers, though it caused n ..read more

<p>E-commerce stock<strong>&nbsp;eBay Inc</strong>&nbsp;<strong>(NASDAQ:EBAY) </strong>is 3.9% higher in premarket trading, following a bull note from Morgan Stanley. The analyst upgraded EBAY to "overweight" from "underweight" and nearly doubled its price target to $62 from $35, saying the stock is undervalued compared to peers such as Etsy (ETSY).</p> <p>Morgan Stanley's new price target represents a level eBay stock hasn't seen since the end of 2021. Should today's premarket gains hold, EBAY will snap a five-day losing streak. The security i ..read more

<p>Depending on who you ask,&nbsp;a recession&nbsp;is either right around the corner or the stock market is ready to rattle off a seismic bull run. As always, the answer is likely somewhere in the middle of those&nbsp;two extremes. But due to the&nbsp;uncertainty&nbsp;surrounding the Federal Reserve&rsquo;s <strong><a href="https://www.schaeffersresearch.com/content/analysis/2024/04/15/s-p-500-levels-to-watch-heading-into-expiration-week" target="_blank">rate cuts</a></strong>, traders are stuck in a holding pattern until more data defines ..read more