The novel coronavirus pandemic hasn’t slowed down semi-conductor giant, Nvidia (NASDAQ:NVDA). In fact, NVDA stock is up 88% year to date. Nvidia is currently trading near all-time highs, with some analysts predicting a whopping 12-month price target of $500. Source: JHVEPhoto / Shutterstock.com But now many wonder, can Nvidia continue its momentum heading into its
Although some folks on Wall Street may deny it, I believe there’s overwhelming evidence of a disconnect between investment market valuations and the real economy. Still, that doesn’t mean you can’t profit from the irrational enthusiasm. Better to go with the train than against it. However, at some point, the ride will likely end. When
If you’ve ever glanced at Luckin Coffee (OTCMKTS:LKNCY) and thought about buying some Luckin stock, hear me say this: don’t do it. Even though company shares are down 95% from their peak, Luckin’s $2.50 stock price still reflects a buoyant alternate universe. Source: NewsToday / Shutterstock.com In reality, corporate insiders, preferred shareholders, and Chinese market
The S&P 500 is filling its February gap, causing some to wonder what’s next: all-time highs or a potentially large pullback? With that in mind, let’s look at a few top stock trades in the meantime. Top Stock Trades for Tomorrow No. 1: Uber (UBER) Uber (NYSE:UBER) is set to report earnings on Thursday, after
We’ve seen an exceptional start to the year for gold (GLD) with the metal up over 35% year-to-date, surpassing most asset classes for year-to-date performance briefly being thrown out with the March bathwater. This incredible run has seen the metal put in a new all-time high to finish the month of July, a very bullish
Tonight Sunday Night Stock Market Live we will discuss the inverse correlation of Inflation vs. Gold, Silver, Bitcoin and answer this questions. Is inflation rising? And, should I buy gold, silver and commodities to protect and build wealth. Bob Desmond will use stock charts and technical analysis to discuss if this current bear market will
Goldman Sachs is renewing its push into Wall Street’s digital future. The firm made Mathew McDermott, a managing director who ran the investment bank’s internal funding operations, its new global head of digital assets last month, CNBC has learned exclusively. The appointment means the newest face of blockchain and cryptocurrency on Wall Street isn’t a
Photo by: Conor Ogle Check out the companies making headlines in midday trading. Roku — Shares of Roku dropped nearly 7% after the streaming video company issued a bleak outlook. The company said the advertising industry outlook remains uncertain in the second half of the year, and that it believes total TV ad spend won’t
Caesars Entertainment (NASDAQ:CZR) and CZR stock are experiencing a renaissance of sorts. Last month, the company previously known as Eldorado Resorts cleared the last regulatory hurdle in its quest to buy the “old Caesars,” completing a $17.3 billion deal creating the largest U.S. casino company. Source: Shutterstock The buyer Eldorado assumes the Caesars name and
Utility stocks have been relatively volatile in the recent past. However, most utility stocks have a low beta and have a stable cash flow visibility. Utility stocks should therefore be a part of the core portfolio as they reduce the portfolio risk. Mark D. Schild, assistant dean at the Stillman School of Business at Seton
Electric cars are the future, but it’s not clear if Ayro (NASDAQ:AYRO) has much of a future itself. AYRO stock is new to the public markets and with its market capitalization of $96 million, it’s still relatively unknown. Source: buffaloboy / Shutterstock.com That’s surprising considering the fanfare we’ve seen for Nikola (NASDAQ:NKLA). The stock came
The market expected a 31 bcf build in inventories Natural gas recovers Selling should emerge over $2 per MMBtu- Inventories remain high Over the past week, the price of natural gas futures on NYMEX broke out to the upside. After trading to a low of $1.583 per MMBtu on June 26, the active month September
In our live stream Swing Trading. Today we discuss if it is time to sell silver, gold and the gold mining stocks. We will do some Technical Analysis to determine resistance levels on the stock charts. ✅Get Notified 15 Minutes To US Going Live Via Eamil (No Spam Pledge) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Bob’s 5 Most Powerful Video
Nikola Motor Company Source: Nikola Motor Company Nikola’s entire second quarter revenue of $36,000 was related to solar installations for Executive Chairman Trevor Milton, according to a filing with the Securities and Exchange Commission. “During the three months ended June 30, 2020 and 2019 the Company recorded solar revenues of $0.03 million and $0.04 million,
Paul Zimmerman | Nasdaq | Getty Images Check out the companies making headlines after the bell: Roku — Shares of the streaming platform fell 1% after the market closed. Roku reported second-quarter financial results after hours, posting a loss of 35 cents per share on revenues of $356 million, compared to predictions of analysts surveyed by Refinitiv
In his typical confident self, President Trump recently claimed that the novel coronavirus is “receding” in the U.S. To be fair, data from the Centers of Disease Control and Prevention seemingly supports this assertion. However, new daily cases are decelerating to peak levels from the first onslaught. Therefore, it’s not yet time to abandon so-called
There’s something about space and the great unknown that has always intrigued us. Movies and novels have tried to quench our thirst, but our quest for the stars does not end there. Virgin Galactic (NYSE:SPCE) stock offers the only opportunity to invest in space travel at the moment. However, that’s not to say the company
Stocks continue to creep higher as the earnings reports continue to roll in. With that in mind, let’s look at a few of those earnings plays as our top stock trades. Top Stock Trades for Tomorrow No. 1: Disney (DIS) Despite a not-so-great earnings headline, Disney (NYSE:DIS) stock is ripping higher. It helps that its
A sign is posted outside of the PayPal headquarters in San Jose, California. Justin Sullivan | Getty Images PayPal has hired Peggy Mangot, a former entrepreneur who led the development of a standalone mobile banking app at Wells Fargo, for its internal venture capital team, CNBC has learned. Mangot recently joined the online payments giant
Check out the companies making headlines before the bell: Apple – B of A Securities downgraded Apple to “neutral” from “buy”, while raising its price target on the stock to $470 per share from $420. The firm said there are many positives for Apple but risks as well, and that risk/reward is balanced at current price