• Investors should buy any pullbacks in stocks as S&P 500 marches toward 13% gain by early next year, technical analyst says

    14 days ago - By Business Insider

    A trader works on the floor at the New York Stock Exchange in New York City, New York
    Reuters
    Any pullbacks in stocks are buying opportunities as the S&P 500 sets its eyes on a target of 4,000 in early 2021, technical analyst Robert Sluymer of Fundstrat said in a note on Tuesday. A doubling of this fall's trading range of 3,209 to 3,588 on a confirmed breakout above the September 2 high generates upside potential of 13% from Monday's close, according to Sluymer. "Expect pullbacks to be short lived," Sluymer said, adding that the current pause in growth and momentum stocks is unlikely to...
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  • Staff at Trader Joe's have lower COVID-19 infection rates than the community average in 'virtually all' areas, the grocery chain says

    14 days ago - By Business Insider

    Shoppers in line at a New York City Trader Joe's in March.
    Andrew Kelly/Reuters
    Around 1 in 40 Trader Joe's staff members have tested positive for COVID-19, the grocer announced Thursday .
    Two staff deaths are also thought to be linked to COVID-19, it said.
    Announcing the number of infections among staff is an unusual move, but Trader Joe's said it's important for both employees and customers to understand what's happening in stores.
    For "virtually all" areas that Trader Joe's operates in, the stores have a case rate lower than the community average, it said.
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