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Tuesday Trading Chatter - June 25, 2019

SpaceX and Tesla today? It's going to be a great day! Always appreciate the play-by-play on a SpaceX launch.

Tesla landed a one-year tariff waiver from the Commerce Department for imported aluminum from Japan, according to Reuters. Got it. The aluminum is used for battery cell production at Tesla's Gigafactory. Still wondering about production of vehicles, but let's save that for another day. Click $TSLA for latest stock price!

FedEx is suing the U.S. Commerce Department, saying the Trump administration's export restrictions would require the company to "police the contents of the millions of packages it ships daily even though doing so is a virtually impossible task." Roger that. Am I reading that the China's angry business was over one Huawei phone? One? Is that right?Click $FDX for latest stock price!

Shares of digital e-commerce services company Shopify fell Monday as another analyst offered caution about the stock’s rise. “We believe all good news is priced in, and shares are priced to perfection,” Roth Capital’s Darren Aftahi on wrote on Monday. DA Davidson’s Tom Forte reiterated a Buy rating on the shares on Monday, boosting his price target from $290 to $400, the highest on Wall Street. “In addition to its core efforts, its newer initiatives—fulfillment, international expansion, and retail—should enable it to generate a high rate of sales growth, for years to come,” Forte wrote. Bottom line is: One analyst will be right and one will be wrong. My question is: What happens to the one who is wrong? Demoted to penny-stock analyzing? Click $$FDX for latest stock price!

Amazon Professional Beauty Store is open and the company says the beauty concept for professionals will offer stylists, barbers and estheticians a convenient, custom shopping experience with great selection. Alrighty then.

AT&T is facing a class-action complaint over its practice of charging a $1.99-per-month "Administrative Fee" that isn't disclosed in its advertised rates. Those darn hidden fees always come back to bite you, so it seems.

via deercreekvols

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