Walgreens Boots Alliance (WBA) is trading lower here on Tuesday in pre-market activity on the heels of the drugstore giant cutting its profit forecast for the year. Let's check out Walgreens' charts and indicators to see what may lay ahead.
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Here are two stocks I'm playing as yield rises appear to be weighing down a rally.
These names, which have raised their payouts for over 50 straight years, have dividends that are well-covered even during a recession.
And in light of the market's volatility it may not be a bad time to use rallies to trim existing positions, as I recently did with Carvana.
The apparel maker's shares possibly could bounce once it reports its results, but without much basing action any rally likely won't be sustained.