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July 13, 2020
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Hotel stocks: Bull and bear cases for buying into the travel rebound

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CNBC – For more and to sign up click here Barclays is backing the travel industry’s rebound. The firm upgraded Marriott and Hilton on Monday to overweight, citing “improving demand trends” in the U.S. that should benefit hotel stocks. Michael Binger, president of Gradient Investments, agrees that it could be......
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Trading could get wacky Friday because of some technical stock market circumstances

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CNBC – For more and to sign up click here Traders could be in for a wild ride on Friday because of a couple technical factors. The S&P 500 will have its first rebalancing of the year at Friday’s close, more than three months after the market’s wild swings forced......
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This is the ‘most ridiculously overvalued’ trade in the travel space, strategist warns

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CNBC – For more and to sign up click here Travel stocks are heading north. Some cruise and hotel names have rebounded by triple-digit percentages from their 52-week lows as economies kick-start their post-Covid reopening plans. They include: Investors should approach this rebound in travel with caution, Boris Schlossberg, managing......

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