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Stock Market Losses Steepen; Netflix Upgraded To Buy

collected by :Dicson Walt

In other analyst actions, Snap (SNAP) was initiated at underperform by Needham & Co.
Netflix (NFLX) jumped 1.5% after being upgraded to buy from neutral.
IBD 50 Action: Losers Outweigh WinnersLeading growth stocks mostly traded in the red on Monday heading into midday trading.
The stock found support at the 50-day line last week; however volume has been mild on the rebound.
According to UBS analysts, the video streaming company, one of Will Danoff’s favored stock ideas, should see strengthening subscriber numbers in Q1.

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Narrow Trading Range Expected For Thai Stock Market

The European and Asian markets were slightly higher and the Asian markets figure to follow suit.
Traders also paid close attention to oil prices, as WTI crude oil slipped to fresh 2017 lows.
WTI light sweet crude oil was down $1 at $49.28 a barrel, the lowest since November.
The Stock Exchange of Thailand now rests just below the 1,550-point plateau, although the market may tick higher again on Friday.
The global forecast for the Asian markets is cautiously optimistic ahead of U.S. jobless data later today – although weakness in the price of crude oil may cap the upside.

Narrow Trading Range Expected For Thai Stock Market*/

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Stock Market News for March 10, 2017

Stock Market News for March 10, 2017*/

Click to get this free reportChevron Corporation (CVX): Free Stock Analysis ReportExxon Mobil Corporation (XOM): Free Stock Analysis ReportTelefonica SA (TEF): Free Stock Analysis ReportZumiez Inc. (ZUMZ): Free Stock Analysis ReportTo read this article on Zacks.com click here.
Nonetheless, U.S. stocks meandered as the eighth anniversary for the current bull market turned out to be a quiet one.
(Read More)More Stock News: 8 Companies Verge on Apple-Like RunDid you miss Apple’s 9X stock explosion after they launched their iPhone in 2007?
The market value of U.S. stocks, in fact, soared a whopping $21.2 trillion, as per Wilshire Associates (read more: 5 Top Stocks to Buy as Bull Market Turns Eight).
Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market.

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