Top 5 Stocks About to Test Their 52-Week Low

A 52-week low is a technical indicator used by some of the world's top traders and investors to determine the current and future value of a stock. In this report we reveal today's top 5 stocks about to reach their 52-week lows.

By clicking the link above you will automatically opt-in to receive emails from PriceActionEA

Shhh! This Is One Great Coin...

Chinese Embassy Condemns Proposed U.S. Tariffs As Examples Of Unilateralism And Protectionism, As Biden Seeks To Court Critical Voters

Nabaparna Bhattacharya
April 20, 2024

The Biden administration’s warning of additional tariffs on China indicates that strained relations will continue, regardless of the election outcome.

Last week, President Joe Biden visited Pennsylvania, urging for increased tariffs on Chinese steel and aluminum goods

Top officials suggest more actions against China are forthcoming this election season, Reuters reported.

Recently, the administration initiated an inquiry into China’s efforts to control the maritime, logistics and shipbuilding sectors. 

Experts anticipate the probe’s outcome, coupled with a review of Trump-era trade policies, will lead to additional tariffs on Chinese imports, the report read.

Liu Pengyu, a spokesperson for the Chinese embassy in Washington, criticized U.S. tariffs as examples of unilateralism and protectionism, Reuters stated.

“Many trading partners of the United States, including China, are strongly dissatisfied with the United States’ frequent use of national security, non-market behavior, overcapacity and other reasons to impose restrictions and politicize trade issues,” Pengyu said in a statement.

The Biden administration’s move to increase tariffs this week indicates a tough stance on trade, aligning with Biden and Trump’s strategies for the 2024 election, especially in rust-belt states.

If Trump returns to the White House, he aims to implement 10% import tariffs and gradually phase out Chinese imports like electronics and steel over four years. 

Additionally, he seeks to ban Chinese ownership of U.S. energy and tech infrastructure, the report added.

“China is inevitably getting drawn into what’s likely to be a little bit of a chaotic cycle. And I think really, right now, we’re just seeing the beginnings of that,” said Allen Carlson, a Cornell University professor and expert on U.S.-China relations, Reuters added.

White House officials have denied political motivations, though Biden emphasized steel tariffs in a speech targeting Trump at the United States Steel Corporation (NYSE:X) union headquarters in Pennsylvania.

They cited concerns over China’s exports undermining U.S. industries like solar and electric vehicles, fueled by China’s surging manufacturing trade surplus due to its slowing economy, Reuters added.

Read Next: A Top Senator Is Spearheading The TikTok Crackdown As House Bill Gains Senate Momentum

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Photo: Shutterstock

Continue Reading...

Popular

Top 3 Materials Stocks You May Want To Dump In May

Three stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Forget AI...THIS Is Way Bigger - Ad

While the world has been obsessed with AI and ChatGPT... Jeff Bezos has quietly gone all in on a technology that's going to prove to be FAR bigger. If you've never heard of "QaaS" technology you need to

Google's unleashes AI in search, raising hopes for better results and fears about less web traffic

MOUNTAIN VIEW, Calif. (AP) — Google on Tuesday rolled out a retooled search engine that will frequently favor responses crafted by artificial intelligence over website links, a shift promising to quicken the quest for information while also potentially disrupting the flow of money-making internet traffic.

He Is Giving Away Bitcoin - Ad

And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening.

Stock market today: Asian shares mixed in muted trading after Wall Street barely budges

TOKYO (AP) — Asian shares were mixed in muted trading Tuesday after U.S. stock indexes were little changed ahead of the release of inflation data.

Cathie Wood's Ark Invest Buys $18M In Shopify Stock Amid Price Dip, Sells Shares In Bitcoin Bull Jack Dorsey's Block Inc

On Monday, Cathie Wood’s Ark Invest made some significant trades, the most notable being the purchase of Shopify Inc (NYSE:SHOP) shares and the sale of Block Inc (NYSE:SQ) shares.

America's Final Republican President - Ad

Louis Navellier believes Donald J. Trump could go down as America's last Republican president. But NOT for the reasons you may think... If he's right, the soul of this country will change forever...

As 'Roaring Kitty' Returns, Here Are 3 ETFs To Leverage The 2024 Meme Stock Wave

Meme stocks, led by Keith Gill, have resurfaced on social media, causing GameStop's stock to surge by 74% and AMC's by 80%. ETFs like ARCA:STCE can capitalize on this trend.

Elon Musk Gives One-Word Response To Joe Biden's Dig At Donald Trump At White House Correspondents' Dinner

Elon Musk reacted to President Joe Biden's recent comments at the White House correspondents' dinner with a one-word response that sparked some discussion on social media.

You Need to Know These Two Things About AI Stocks ASAP... - Ad

One of the world's most successful investors just went public with what promises to be two historic predictions. Many high-flying stocks of AI's "First Wave" are about to come crashing down, and when it does, a "Second Wave" of AI stocks will explode higher thanks to "digital twin" technology.

Seattle Times publisher Frank Blethen to step down after 4 decades in charge of family-owned paper

SEATTLE (AP) — Seattle Times publisher and CEO Frank Blethen has announced he will step down at the end of next year after four decades leading the newspaper his family has owned since 1896.

No. 1 Clean Energy Stock Pick for 2024? (Hint: Uranium) - Ad

During December 2023, the USA, France, UK, and Canada pledged to TRIPLE their nuclear capacity. Rocketing Uranium prices 74% in less than 6 months.

Taiwan Semi Set to Build $11B Chip Plant in Germany, Aiming for 2027 Production Start

Taiwan Semiconductor Manufacturing Co will build its first European semiconductor facility in Dresden, Germany in 2024. The $11 billion factory will start production in 2027 with support from EU and German government. TSMC stock gained over 75% in the last 12 months.

Curaleaf Reports Q1 2024 Revenue Of $339M, 48% Gross Margin Amid Strategic Global Expansion

Curaleaf Holdings, Inc. (OTC: CURLF), a leading international cannabis company, reported its financial results for the first quarter of 2024.

One Coin to Rule Them All... - Ad

Hardly any investors are talking about this coin but I believe that's about to change with some potentially huge news! Get in on the ground floor while it's rock bottom with this new how-to guide, just $3.

Czech power company CEZ reports net profit of $592 million in Q1, up by a quarter year-on-year

PRAGUE (AP) — The Czech power company CEZ said Tuesday its net profit in the first quarter of the year reached 13.6 billion Czech crowns ($592 million), 2.7 billion up compared with the same period of the previous year.

Shopify Prepares To Report Q1 Earnings: Charts Indicate Bullish Reversal, Analysts Predict Downside

Shopify (SHOP) will report Q1 earnings on Wednesday. Technical indicators suggest a bullish trend, while analysts foresee a downside potential of -17.70%.

Biggest Hedge Fund Manager Has Huge Warning for U.S. Dollar." - Ad

Ray Dalio, the founder of Bridgewater has gone public with a huge waning about the U.S. dollar. He says: "We are printing too much... money as we know it is in jeopardy." Multi-millionaire analyst Porter Stansberry agrees and says a very lucrative new form of money is emerging in America. Should you get it? Stansberry explains full story here...

Top 3 Real Estate Stocks That Are Set To Fly

The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down.

Cave-in leaves 3 miners missing and 11 injured at a coal mine in Poland

WARSAW, Poland (AP) — A cave-in at the Myslowice-Wesola coal mine in southern Poland early Tuesday left three miners missing and 11 hospitalized with some injuries, mining authorities said Tuesday.

PASSIVE INCOME (by this evening) - Ad

Hey, I have an unique opportunity for those looking for additional ways to earn income right now. It can be done from home. You can do it in your spare time. And it only takes 6 clicks and as little as $50.

Wholesale price increases accelerated in April as inflation remains sticky

WASHINGTON (AP) — U.S. wholesale prices rose sharply last month, a sign that inflation pressures remain stubbornly high after three elevated readings in consumer prices to start the year.

Ten federal agencies receive 'A+' in annual scorecard measuring small business contracting goals

NEW YORK (AP) — Federal grants can be a huge boost for small businesses. And some federal agencies do better at giving grants to small businesses than others.

Investors See "All-Hands-On-Deck" Signal for AI - Ad

With an AI gold rush sweeping the globe, the world's richest men are piling in. Tech magnates like Bill Gates, Jeff Bezos, and Mark Zuckerberg have been spending billions to keep up with the AI boom. The tech companies themselves are one a buying spree of young companies with the next generation of AI technology.

Elon Musk Shares Who He'd Want To Spend His Last Moments With In Response To Warren Buffett's Advice

Over the weekend, Elon Musk agreed with a sentiment shared by investment titan Warren Buffett about the importance of spending time with loved ones, despite their contrasting investment philosophies. 

Berkshire Hathaway's Q1 Operating Earnings Surged 39% — Here's Why

Berkshire Hathaway's Q1 operating earnings surge 39%, driven by strong performance in insurance businesses and investment gains.

Could Elon's New Device be Bigger than the iPhone? - Ad

According to 30-year Silicon Valley and Wall Street veteran, Eric Fry... A man who picked 41 plays that jumped 1,000%+... This mind-blowing new technology could be bigger than the iPhone. And it could make a lot of people wealthy in the coming months and years.

Campaign to build new California city submits signatures to get on November ballot

SAN FRANCISCO (AP) — A wealthy Silicon Valley-backed campaign to build a green city for up to 400,000 people in the San Francisco Bay Area has submitted what it says are enough signatures to qualify the initiative for the November election.

The A.I. Story Nobody is Telling You (Read ASAP) - Ad

There's been a lot of buzz surrounding A.I. over the past couple of years -- but there's only ONE story you should be worried about. Whether you have $500 or $500,000, this radical new A.I. Innovation will have a direct impact on your wealth.

Hedge Fund Legend Druckenmiller Shares His Top Secrets For 30% Returns

Legendary hedge fund manager Stanley Druckenmiller made right bets at the right time. He came to fame for earning Soros $10B overnight. Successful hedge fund, Duquesne Capital, boasts $10B fortune.

Shopify tumbles on weak outlook after a very strong start to 2024

Shopify plunged Wednesday after the Canadian company that helps retailers with online sales warned of easing revenue growth and thinner margins in the current quarter.

A.I. Pioneer Warns: "I thought we had more time..." - Ad

A radical new A.I. development is about to blindside millions of Americans. This early A.I. pioneer just issued an urgent warning explaining everything.

Fans are following Taylor Swift to Europe after finding Eras Tour tickets less costly there

LONDON (AP) — Thousands of ride-or-die fans who on her U.S. concert tour last year or didn't want to buy exorbitantly priced tickets to see her again found an out-of-the-way solution: Fly to Europe.

SpaceX CEO Elon Musk Blames Boeing's Starliner Delay On 'Too Many Non-Technical Managers'

NASA awarded both Boeing and SpaceX contracts to enable to and from transportation to the ISS after retiring its space shuttle.

The New Financial Threat That Could Wipe out Millions... - Ad

If you're worried about repeating the mistake that so many made during the dot-com boom...You need to watch this urgent video. During this market shakeout, many of today's high-flying AI stocks are going to crash and burn like countless internet stocks did in 2000.

Are US interest rates high enough to beat inflation? The Fed will take its time to find out

WASHINGTON (AP) — The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials have said in recent comments, suggesting there may be , rate cuts this year.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright smartmoneytrading.net
Privacy Policy | Terms of Service