Equities exploded higher, with the Nasdaq Composite hitting a record high, as a better-than-expected labor report sent stocks higher. With that in mind, let’s look a few top stock trades for next week. Top Stock Trades for Monday No. 1: Slack (WORK) Slack (NYSE:WORK) stock is getting hammered on Friday, down more than 14% after
Month: June 2020
The good news is that airline stocks are soaring this week. Just yesterday JetBlue (NASDAQ:JBLU) and most of its cohort rallied 15%. American Airlines (NASDAQ:AAL) tipped the scales with a whopping 41% spike in just one day! JBLU stock is up another 5%-plus today — which is actually DOWN from the 10% gains it had
There are huge red flags these days surrounding Wells Fargo (NYSE:WFC) and Wells Fargo stock. The beleaguered bank has been lagging behind its competitors in the big bank space, and now its dividend is in danger, too. Source: Kristi Blokhin / Shutterstock.com It’s true that a frothy dividend is the only reason to hold WFC
President Donald Trump arrives for a photo opportunity with sheriffs from across the country on the South Lawn of the White House in Washington, September 26, 2019. Erin Scott | Reuters President Donald Trump, during a White House address to trumpet the surprising May surge in jobs that signaled a rapid economic recovery good be
A trader walks by the New York Stock Exchange (NYSE) on the first day that traders are allowed back onto the historic floor of the exchange on May 26, 2020 in New York City. Spencer Platt | Getty Images The stunning jobs report caps a near-perfect week for market bulls. Three main “buckets” have moved
Traders wearing masks work inside posts, on the first day of in-person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020. Brendan McDermid | Reuters Federal Reserve Chairman Jerome Powell is expected to reassure markets
Exxon Mobil (NYSE:XOM) has both opportunities and threats going forward. However, I think that the combined magnitude of the company’s opportunities is larger than the power of the threats facing Exxon Mobil stock. Source: Harry Green / Shutterstock.com Exxon’s Dividend Is a Tremendous Opportunity On April 29, Exxon announced that it would maintain its dividend
I had several investments to choose from for my weekly article about equity crowdfunding. Amongst the group was PittMoss, a Pennsylvania-based company that sells organic potting soil made from recycled paper. Far more environmentally friendly compared to traditional peat-based earth, I decided to take a closer look at its investment proposition. By the end, you’ll
Royal Caribbean (NYSE:RCL) is having itself a month. RCL stock is up over 40% since the beginning of May on what can only be described as discount shopping at the clearance rack. Right now, it seems that investors keep buying the stock as if they’re afraid of missing out on the next leg up. Source:
CNBC’s Jim Cramer on Friday raved about the May jobs report, saying the 2.5 million jobs added last month was evidence the U.S. economy was bouncing back from the coronavirus-induced devastation. “We’re back,” he said on “Squawk Box.” ”I think there were a lot of people who felt that the layoffs would be permanent and it’s obvious that
Take a look at some of the biggest movers in the premarket: United Airlines (UAL), American Airlines (AAL), Delta Air Lines (DAL), Southwest Airlines (LUV), JetBlue (JBLU) – Airline stocks are extending this week’s rally this morning, as demand continues to rebound faster than expected despite being substantially below normal levels. Gap (GPS) – Gap
Energy Transfer (NYSE:ET) is one of many oil and gas midstream firms that has a heavy debt load. But ET stock also offers a generous dividend that yields nearly 15%. Just how safe is this dividend for the rest of the year? Given that oil prices are improving, Energy Transfer may be a good fit
After several strong rallies, the stock market cooled a bit on Thursday. That didn’t stop some stocks from being big movers, though. With all of that in mind, let’s look at a few top stock trades for Friday. Top Stock Trades for Tomorrow No. 1: American Airlines (AAL) American Airlines (NASDAQ:AAL) just went bananas on
Many will argue there’s a very large disconnect between the stock market and the economy. And in a very different way that’s certainly true with Energy Transfer LP (NYSE:ET). But rather than using the opportunity to take profits, is now the time to bet on a return to normalcy for ET stock? Let’s look at
Already embattled industrial firm General Electric (NYSE:GE) really didn’t need the novel coronavirus to add any more excitement to its journey. After tumbling into ignominy, the company appeared to be turning a corner. Then, the Covid-19 pandemic scuttered that momentum, sending GE stock plummeting back down to earth in March of this year. Source: JPstock/Shutterstock.com
CNBC’s Jim Cramer on Thursday warned young investors about the potential pitfalls of daytrading in speculative stocks, especially the really cheap ones. “It’s a little disheartening to see all the $1 to $3 stocks that people are gunning,” Cramer said on “Squawk on the Street.” ”If you want to try and make money and it’s legal,
Interior Design area of the Restoration Hardware store in the Meatpacking District of New York. Source: RH Check out the companies making headlines after the bell. Broadcom — Shares of the semiconductor company climbed 1% in extended trading after Broadcom released its second-quarter financial results. The company posted earnings of $5.14 per share excluding some
How would you like the yield of an oil stock without the risks of buying one? That’s what you can get with Abbvie (NASDAQ:ABBV). The beta on ABBV stock is 0.78; The similarly yielding but more-risky Chevron (NYSE:CVX) sports a beta of 1.33. Source: Piotr Swat / Shutterstock.com Abbvie is best known for the immunosuppressant
The market expected a 111 bcf injection into inventories The price hovers around the $1.80 per MMBtu level Higher lows should lead to another bounce After trading to a high of $2.364 per MMBtu on May 5, the price of natural gas has been falling. July futures were trading at a healthy premium to the
Tonight on Thursday Night Stock Charts Live we discuss if wiser to short China or the US stock market. We’ll discuss negative rates and when we will see gold hit new all time highs. We will also discuss if we are seeing the large cap stock market names getting ready to break down. So, is