Ford and GM want positive trade relationship between the two largest auto markets in the world. While their stocks rebounded, other companies that could be targeted by tariffs fell.
The U.S. steel production industry is far bigger than the three publicly traded companies who are large advocates of the latest duties, and industry watchers are concerned global tariffs will harm far more than they help.
TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,100 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below.
If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener:
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Upgrades: CZWI, RMCF, TYPE
Downgrades: ACTG, DE, GURE, MTRN, SON, VFC
Initiations: None
Read on to get TheStreet Quant Ratings' detailed report:
The Dow and S&P 500 regained momentum and closed higher on Friday after a federal grand jury indicted 13 Russian nationals and three Russian entities accused of interfering with U.S. elections.
The most recent short interest data has been released for the 01/12/2018 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the S&P 500 by "days to cover." There are a number of ways to look at short data, for example the total number of shares short; but one metric that we find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed.