We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Consumer Confidence & Investing in Wrestling with WWE Stock | Free Lunch
Read MoreHide Full Article
On today’s episode of Free Lunch, Associate Stock Strategist Ryan McQueeney discusses President Trump’s decision to walk back some of his rhetoric regarding Chinese investments in U.S. technology companies. He also touches on the latest Consumer Confidence report and highlights World Wrestling Entertainment stock on the back of its new TV deals.
Free Lunch is the newest show from Zacks Investment Research. It is streamed live, four times per week, and features breaking news and analysis from Zacks strategists. Free Lunch is available on YouTube, Facebook Live, Twitter, Ustream, and more.
U.S. stocks looked to keep rebounding from Monday’s selloff today as President Trump decided against a full-scale crackdown on Chinese investments in U.S. technology companies. Instead, POTUS will look to expand the power of the Committee on Foreign Investment in the United States.
This move was seen has the less-harsh option and will depend on Congress passing a bill to give the committee more force. Ryan recaps this news and explains what it could mean in relation to the ongoing trade drama between the U.S. and China.
The host also chats about the latest Consumer Confidence report, which saw the forward-looking gauge slip for the month of June. Consumers are certainly not troubled about the economy right now, but Ryan did speculate as to why confidence might be slipping as of late.
Finally, Ryan digs into the latest news and outlook for World Wrestling Entertainment. Shares of WWE gained in morning trading after the company inked larger-than-expected TV licensing deals for its flagship weekly shows.
21st Century Fox (FOX - Free Report) and Comcast (CMCSA - Free Report) shelled out a ton of money for these TV rights, which might surprise investors who are not familiar with the sports entertainment company. Luckily, Ryan is a huge wrestling fan and was able to provide some perspective on why WWE is more valuable than ever.
He also dug into the latest analyst sentiment surrounding the company and examined its price performance to give investors a look at everything they need to know about WWE right now. Make sure to check out the show to hear more!
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
Image: Bigstock
Consumer Confidence & Investing in Wrestling with WWE Stock | Free Lunch
On today’s episode of Free Lunch, Associate Stock Strategist Ryan McQueeney discusses President Trump’s decision to walk back some of his rhetoric regarding Chinese investments in U.S. technology companies. He also touches on the latest Consumer Confidence report and highlights World Wrestling Entertainment stock on the back of its new TV deals.
Want more video content from Zacks? Subscribe to Zacks Investment News now!
Free Lunch is the newest show from Zacks Investment Research. It is streamed live, four times per week, and features breaking news and analysis from Zacks strategists. Free Lunch is available on YouTube, Facebook Live, Twitter, Ustream, and more.
U.S. stocks looked to keep rebounding from Monday’s selloff today as President Trump decided against a full-scale crackdown on Chinese investments in U.S. technology companies. Instead, POTUS will look to expand the power of the Committee on Foreign Investment in the United States.
This move was seen has the less-harsh option and will depend on Congress passing a bill to give the committee more force. Ryan recaps this news and explains what it could mean in relation to the ongoing trade drama between the U.S. and China.
The host also chats about the latest Consumer Confidence report, which saw the forward-looking gauge slip for the month of June. Consumers are certainly not troubled about the economy right now, but Ryan did speculate as to why confidence might be slipping as of late.
Finally, Ryan digs into the latest news and outlook for World Wrestling Entertainment. Shares of WWE gained in morning trading after the company inked larger-than-expected TV licensing deals for its flagship weekly shows.
21st Century Fox (FOX - Free Report) and Comcast (CMCSA - Free Report) shelled out a ton of money for these TV rights, which might surprise investors who are not familiar with the sports entertainment company. Luckily, Ryan is a huge wrestling fan and was able to provide some perspective on why WWE is more valuable than ever.
He also dug into the latest analyst sentiment surrounding the company and examined its price performance to give investors a look at everything they need to know about WWE right now. Make sure to check out the show to hear more!
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>