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January 17, 2021

selloff

Electric-vehicle SPAC sell-off is a ‘sign of health,’ Jim Cramer says

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer on Monday identified a handful of SPAC plays that investors could buy as their stocks decline from a hot run closing out 2020. “The electric-vehicle SPAC plays got incredibly overheated late last year, so when you see......

Big Tech kicks off 2021 with a slump amid broader sell-off

CNBC
CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange. NYSE Shares of the largest technology companies dipped in the first trading day of 2021, a bumpy start for the sector that posted some of the highest gains last......

Bitcoin could see a 25%-30% sell-off in the new year, but it’s still a long-term buy, trader says

CNBC
CNBC – For more and to sign up click here Bitcoin’s record rally could hit a wall in 2021. Signs in the cryptocurrency’s technical chart point to a 25%-30% sell-off that’s likely to hit early in the new year, Miller Tabak chief market strategist Matt Maley told CNBC’s “Trading Nation”......

Palantir bulls should take latest sell-off ‘as a gift,’ trader says

CNBC
CNBC – For more and to sign up click here Palantir‘s stock has had a painful week. Share of the data and software company plunged more than 12% on Wednesday following a downgrade from Morgan Stanley, pushing Palantir’s week-to-date decline to nearly 19%. Morgan Stanley analysts took their rating to......

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