In our live stream Swing Trading Today we answer the question of if the stock market is cheap? 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 Tutorial – Free http://bit.ly/2IpRUPU
Month: June 2020
At the end of April, I wrote about the $1 billion in funding electric vehicle manufacturer Nio (NYSE:NIO) had secured from the municipal government of Hefei, capital city of the Anhui province in China. Since the April 29 announcement, Nio stock has more than doubled in less than two months. Source: Carrie Fereday / Shutterstock.com
Even when a company files for bankruptcy protections, there’s still a sliver of a possibility that the company’s stock will go up. That’s why some people continue to buy shares of Whiting Petroleum (NYSE:WLL). They want to beat the odds, flout conventional wisdom and turn a sizable profit with WLL stock. Source: Shutterstock Thus, we
People walk along Broadway as the coronavirus keeps financial markets and businesses mostly closed on May 08, 2020 in New York City. The Bureau of Labor Statistics announced on Friday that the US economy lost 20.5 million jobs in April. This is the largest decline in jobs since the government began tracking the data in
A construction worker walks past new homes under construction by developer KB Home in Valencia, California. Jonathan Alcorn | Bloomberg | Getty Images Check out the companies making headlines after the bell. KB Home — The home construction company’s stock dipped 13% in extended trading after KB Home released its second-quarter earnings. The company reported
The stock market started off under pressure on Wednesday, and the selling only accelerated into the afternoon. That said, let’s look at a few top stock trades as we roll into Thursday. Top Stock Trades for Tomorrow No. 1: Amazon (AMZN) Shares of Amazon (NASDAQ:AMZN) are starting to stall, despite running up to new all-time
Rite Aid (NYSE:RAD) stock should rise from the Q1 earnings ending May 29 due out on June 25. This is because the company has engineered a major turnaround of its operations and finances. Source: Jonathan Weiss / Shutterstock.com For example, in the year ending February 2020, the company produced an adjusted net income of $8
Luckin Coffee (NASDAQ:LK) is one of the most infamous stocks of the year. The scandal that caused LK stock to plummet has essentially put all Chinese companies listed on U.S. stock exchanges in the firing line of the US government. Source: Keitma / Shutterstock.com I wrote about Luckin Coffee’s dire position last month, and since then
Vricon 3D visualization of Damascus, Syria. Maxar Space and satellite imagery company Maxar Technologies is taking full ownership of a joint venture it has held with Swedish aerospace group Saab, which the U.S. company expects will further its analytics offering. Maxar announced after the market closed on Tuesday that it intends to acquire full ownership of 3D
Stefan Zaklin | Getty Images Check out the companies making headlines in midday trading. Dell — Shares of the tech company jumped 7% following news that it was exploring options for its majority stake in VMware, which is worth roughly $50 billion. A sale or spinoff of the investment in the software company could not
It’s been a much better start to the week for investors in the gold (GLD) space, as the metal seems to have finally woken up from a 2-month long slumber, up nearly 3% in the past three trading days. This push above $1,760/oz has finally allowed gold to regain some relative strength against the S&P-500
In our live stream Swing Trading Today we answer the question of if the stock market is cheap? 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 Tutorial – Free http://bit.ly/2IpRUPU
[Editor’s note: “4 Marijuana Stocks to Buy for the Big 2020 Rebound” is regularly updated to include the most relevant information available.] Coming into 2020, the bull thesis on marijuana stocks looked pretty compelling. Cannabis demand trends in Canada were set to improve on the back of more aggressive retail store openings and new product
Many investors keep General Electric (NYSE:GE) on their radar. They know GE stock well from its glory days and see it now trading in the single digits. At some point, there has to be value, right? Source: JPstock/Shutterstock.com Unfortunately, that’s a harder case to prove. General Electric has done a lot to overhaul its organization.
Chinese President Xi Jinping walks past officials wearing face masks following the coronavirus disease (COVID-19) outbreak as he arrives for the closing session of the National People’s Congress (NPC) at the Great Hall of the People in Beijing, China May 28, 2020. Carlos Garcia Rawlins | Reuters China has been juggling a global pandemic along
A woman walks in the rain outside the New York Stock Exchange (NYSE) in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York, April 13, 2020. Andrew Kelly | Reuters Investors are making the biggest bet in the futures market since 2011 that the stock market is
We’ve seen a strong recovery for the Gold Miners Index (GDX) over the past few days, and several of the leading names continue to firm up on their weekly charts, building large bases following their multi-year breakouts. However, the recent pullback in the mining stocks has made quite a few investors skittish, after leading names
After some overnight futures drama regarding the trade deal between the U.S. and China, equities rallied hard. However, breadth wasn’t all that great. That said, let’s look at a few top stock trades for Wednesday. Top Stock Trades for Tomorrow No. 1: Nvidia (NVDA) Nvidia (NASDAQ:NVDA) spent the last month consolidating its gains in a
Tiny Remark Holdings (NASDAQ:MARK) is one of the most scintillating stories among investment ideas related to the novel coronavirus. MARK stock price action confirms as much. Just look at the second-quarter gain topping 620%. Source: Shutterstock Underscoring just how impressive its run has been and how volatile the name can be, gains by MARK stock
Oil stocks have been all over the place in recent weeks. Prices for crude oil are trending upward, leading many investors to believe now is a good time to buy. But rising oil prices won’t necessarily translate into big gains for many energy firms. And they may put a crimp on the dividends that bring
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