📍 RBC Raises Alphabet Price Target to $1,500

Big tech names have gotten into the hot seat with state and federal regulators, largely thanks to a high-profile data breach at Facebook. In hearings last year, Facebook CEO Mark Zuckerberg testified before the U.S. Senate, and made a repeat trip to Capitol Hill last week.

You're receiving this email because you are subscribed to Trading Tips, if you no longer wish to receive these emails you can unsubscribe here.

Good morning. Big tech names have gotten into the hot seat with state and federal regulators, largely thanks to a high-profile data breach at Facebook. In hearings last year, Facebook CEO Mark Zuckerberg testified before the U.S. Senate, and made a repeat trip to Capitol Hill last week. At the same time he was trying to win some much-needed friends in Congress, Facebook quietly agreed to buy CRTL-Labs, a tech startup working on software to let people control computers only using their minds. How this acquisition will help win over regulators and avoid a breakup of the tech giant remains to be seen. Sponsored Content The No. 1 Tech Stock of 2019 Just Tripped a Rare "BUY" Signal One hundred years ago, rich and poor alike made fortunes investing in the Oil Revolution. Now, a new technology that a major media outlet is calling "the new oil" is expected to grow 18,767% and mint a new generation of millionaires. Click here now to see how you could profit. MARKETS DOW 26,811.84 -0.51% S&P 2,966.97 -0.83% NASDAQ 7,993.63 -1.46% *As of market close • Stocks declined yesterday, as President Trump made a much-anticipated speech at the UN including some sharp barbs on trade. • Oil prices dropped nearly 3 percent, to $57 per barrel. • Gold rose half a percent, to $1,540 per ounce. • Cryptocurrencies were slammed by double-digits, with Bitcoin hitting $8,500. Today's TOP TIPS RBC Raises Alphabet Price Target to $1,500 Royal Bank of Canada (RBC) reaffirmed its outperform rating on Alphabet, parent company of Google (GOOG). The bank raised its price target on shares from $1,425 to an even $1,500. With shares of the search engine giant around $1,240, the new prices target represents an upside potential of 21 percent. Shares have traded as high as $1,289 in the past year, and shares are well off the 52-week low of $970. » FULL STORY Wynn Resorts Upgraded to Buy at Goldman Sachs Wynn Resorts (WYNN) received an upgrade from investment firm Goldman Sachs, from neutral. The bank also raised its price target on the stock to $155 from $140. With shares around $111, the implied upside is almost 40 percent higher from here. Shares of Wynn Resorts have traded as high as $150 in the past year, and as low as $90, so shares are still on the lower end of their 52-week range. » FULL STORY Insider Activity: USA Technologies Inc (USAT) Investment fund Hudson Executive Partners LP bought 143,200 shares of USA Technologies (USAT). Already a major holder with over 10 percent of shares, the $638,000 buy increases the fund's holdings to over 8,339,170 shares. This is the second buy from the fund following the purchase of 1 million shares back in August, at prices 26 percent higher than where shares currently trade. Insiders have otherwise been holding their shares in the past two years. » FULL STORY Unusual Options Activity: Snapchat (SNAP) The October 11th $18.50 call options on Snapchat (SNAP) saw over 18,400 contracts trade against a prior open interest of 500, a 31-fold surge in volume. Traders are betting that shares, around $17.50, can rally another $1, or 5 percent, higher in the next 16 days. That's a reasonable bet, as shares have more than tripled off their 52-week lows of $4.82, and shares have traded as high as $18.36 in the past year. » FULL STORY IN OTHER NEWS • In a sign of employment strength, an additional 1.3 million workers qualify for overtime pay. • The CEO of Volkswagen is charged in Germany over the diesel emissions scandal. • Uber gets a two-month reprieve from licensing requirements in London. • And in the European Court of Justice, Google and Starbucks score legal victories. • Individual investors have an increasingly smaller role in the overall movement of the market. • Drug manufacturers lobby to preserve their pricing power against proposals out of Washington. • Juul Labs faces another investigation as vaping products remain under fire. • NASA orders between 6-12 Orion spacecraft from Lockheed Martin for moon missions. • American Express raises its dividend by 10 percent. • In earnings, BlackBerry misses on revenue and lowers its outlook, sending shares down. S&P 500 MOVERS TOP ISRG 2.557% CAG 2.284% HBI 2.267% CBOE 1.993% NSC 1.894% BOTTOM MRO 6.718% HP 5.931% HAL 5.434% XEC 5.139% NKTR 5.094% Quote of the Day People have definitely bought into the bearish macro view…When you look at the pattern over the past four or five years, it is definitely quite an important inflection point. They haven't gone maximum defensive…People are thinking the cavalry is going to come quickly to create stimulus to provide that turnaround. - David Bowers, Absolute Strategy Research head of research, on rising bearish views on the market and why traders haven't been aggressive about shifting their strategy. Sponsored Content The No. 1 Tech Stock of 2019 Just Tripped a Rare "BUY" Signal One hundred years ago, rich and poor alike made fortunes investing in the Oil Revolution. Now, a new technology that a major media outlet is calling "the new oil" is expected to grow 18,767% and mint a new generation of millionaires. Click here now to see how you could profit.   Not sure the best way to get started? Follow these simple steps to hit the ground running. › Step #1 - Get These FREE Reports: Dividend Investing Mini-Course | 10 Great Stocks Under $10 | 7 High Yield Dividend Stocks   › Step #2 - Join Our Premium Advisories: The Next Superstock | Triple Digit Returns | Options Cash Cow   › Step #3 - Connect With The Community: Trading Tips Official Facebook Group   Nothing in this email should be considered personalized financial advice. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment. By reading this communication, you agree to the terms of this disclaimer, including, but not limited to: releasing The Company, its affiliates, assigns and successors from any and all liability, damages, and injury from the information contained in this communication. You further warrant that you are solely responsible for any financial outcome that may come from your investment decisions. As defined in the United States Securities Act of 1933 Section 27(a), as amended in the Securities Exchange Act of 1934 Section 21(e), statements in this communication which are not purely historical are forward-looking statements and include statements regarding beliefs, plans, intent, predictions or other statements of future tense. Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

This email was sent to phanphuongthanh89.822152@blogger.com by editor@tradingtips.com TradingTips.com | 3435 Ocean Park Blvd. Suite 107-334 Santa Monica, CA 90405 Manage Subscriptions | report SPAM