Beyond Meat shares surged close to +5% on Tuesday, on news of it launching a new, plant-based beef variety that tenderizes the same way real ground beef does.  According to media reports, the new plant-based product will contain pea protein, mung bean protein and brown rice proteins.Last Wednesday, Canadian coffee chain Tim Hortons (a subsidiary of Restaurant Brands International ) announced that it was now serving breakfast sandwiches made with Beyond Meat’s meat substitutes at almost 4,000 of its locations.

The yield on the benchmark 10-year Treasury note fell to its lowest level since September 2017 on Tuesday as the Federal Reserve began its two-day policy meeting and European Central Bank President Mario Draghi promised further stimulus if inflation doesn’t meet its target in the euro zone.

European Central Bank (ECB) President Mario Draghi defended the tools that the institution has available on Tuesday, saying that it could cut interest rates again or provide further asset purchases if inflation doesn’t reach its target.

Are You? Also in this newsletter Healthcare sector ETF (XLV) trending lower since November A.I.It means evaluating myriad variables – post-retirement lifestyle, where to retire, cost of living, the rate of inflation, and more – then formulating a plan that considers current earnings and standard of living, in addition to… Read More… —————————————————————————————— Healthcare sector ETF (XLV) trending lower since November The overall market recovered from the selling that hit in December and that led the S&P 500 to a new all-time high on May 1.

Cronos Group (Nasdaq: CRON) is a rather unique company.Cannabis investing has been a prominent storyline over the last few years and that has helped the stock move up sharply in the last two years. Despite the rally, the stock has been trending lower in the last four and a half months.

Oil & gas equipment manufacturer Baker Hughes (NYSE: BHGE) has been trending lower in recent months, like many in the oil services industry.One thing that is different though is that a downward sloping trend channel has formed that seems to be defining the highs and lows within the overall trend. If you connect the highs from March and April you get the upper rail of a downward sloping channel.

The overall market recovered from the selling that hit in December and that led the S&P 500 to a new all-time high on May 1.The Healthcare Select Sector SPDR (NYSE: XLV) peaked just above $90 back in November and it has yet to get back to that point. In fact, if you connect the high from November with the highs from March and April, you can see the downward sloped trend line the ETF has formed.

UBS has lost a lead role on a U.S. dollar bond deal for state-backed China Railway Construction Corp, just days after a Chinese outcry over a senior UBS economist’s use of “pig” in connection with Chinese food price inflation.

Tesla and SpaceX CEO Elon Musk said in a tweet early Monday he “just deleted” his Twitter account. He made his statement in a tweet, but the account still appeared to be active after the post.

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Specialty steel manufacturer Allegheny Technologies (NYSE: ATI) has been trending lower since late February.This is yet another potential problem for the stock. %The Tickeron Trend Prediction Engine generated a bearish signal for Allegheny on June 6.

Media giant Viacom (Nasdaq: VIAB) has seen its stock rally in the last couple of weeks, but if you look at a long-term chart of the stock you will see that the stock has been in a downward trend.The rally in the last few weeks has brought the stock up to the downward sloped trend line. On the daily chart, the daily stochastic readings had reached overbought territory in the last few days, but the indicators made a bearish crossover on June 7. The Tickeron Trend Prediction Engine generated a bearish signal for Viacom on June 6 and the signal showed a confidence level of 69%.

Bernstein downgraded shares of Beyond Meat Wednesday on valuation concerns, joining J.P. Morgan as the latest Wall Street firm this week to cool on the red-hot IPO. There are now no analysts on Wall Street who recommend buying Beyond Meat, a rare phenomenon for a company that just went public last month and comes as a result of its monster run outpacing even the must bullish expectations.

Evercore analysts expect another leg down in the memory chip market in the fourth quarter of 2019 and now see the industry’s recovery pushed to the second half of next year. As a result, they said they are becoming more selective in the chip sector and slashed price targets on some stocks.

Two of the world’s most influential economic leaders have warned that there are troubling developments arising from increased trade barriers and tariffs. Mario Draghi, the president of the European Central Bank (ECB) and Christine Lagarde, the managing director of the International Monetary Fund (IMF) warned that the global trade dispute between the U.S. and China as well as a threatened dispute with Europe and other industrial nations could cause headwinds for all and could get worse.

Dollar Tree's stock price increased almost +2% Tuesday, following a rating upgrade by J.P. Morgan. J.P.The investment bank set a $122 per share price target on the shares, representing a 17.5% upside from the stock's closing price on Monday. The bank’s analysts project high-single net income growth and low-double-digit consolidated EPS growth beyond FY19 for Dollar Tree.

European businesses are increasingly anticipating a recession in the near future as bad debt losses showed a marked increase in 2018. Companies reported 2.31% in bad debt losses in 2018 as a share of total revenues, an increase from 1.69% in 2017, according to a report from Swedish debt purchaser Intrum.

China will not allow the U.S. to interfere in its legislative process and economic policies, but it seems to be showing a readiness to keep its sales in American markets on a steep and steady downward path. According to data released June 6 by the U.S. Department of Commerce, Chinese goods exports to the U.S. in the first four months of this year declined 12.8% from the same period of 2018, driving the trade surplus down 10%.

President Donald Trump said Tuesday that the U.S. dollar is at a disadvantage compared with other major currencies like the euro as central banks keep interest rates low while the Federal Reserve’s rates are higher by comparison. “The Euro and other currencies are devalued against the dollar, putting the U.S. at a big disadvantage,” Trump tweeted, adding the Fed doesn’t have “a clue.”

The tax preparation company also announced a raise in its dividend, and expressed its plans to acquire Canadian firm Wave Financial. The company’s first-quarter earnings came in at $4.32 a share, compared to analysts’ estimates of $4.13 a share (based on FactSet poll).Revenue of $2.33 billion was higher than the year-ago quarter’s $2.39 billion. H&R Block is hiking its quarterly dividend by 4% to 26 cents a share, or $1.04 annually. The company also revealed that it will acquire Toronto-based Wave Financial, subject to regulatory approval.