In a year full of surprises, one of the biggest is how the stock markets have acted. So far, they have behaved counter-intuitively to the traditional investment thesis. Stocks are making all-time highs, and at a record pace — even as we still have unbelievably bad economic conditions. In turn, there are plenty of hot
Month: September 2020
The steep decline of Inovio (NASDAQ:INO) stock is continuing. Earlier this year, Inovio electrified traders when it announced that it had a potential vaccine candidate for the novel coronavirus. Following the disclosure, INO stock shot up to as high as $33 this summer, versus its 52-week low of $1.92. Source: Ascannio / Shutterstock.com However, the
It’s been a volatile couple of weeks for investors in silver (SLV) following the metal’s 13% decline in mid-August, which put a dent in its upside momentum. The significant reversal at the $30.00/oz level has pushed the momentum in favor of the bears for the time being, and often corrections after parabolic rallies like this take at least eight
(AP Photo/Sheridan Press, Jordan Edgcomb) If you thought that student loan forgiveness is free, guess again. There’s a hidden cost you need to know about – and it could cost you significantly. Here’s what you need to know. Student Loan Forgiveness: The Basics According to Make Lemonade, there are more than 44 million borrowers who
Tonight on Thursday Night Stock Charts Live we discuss if this recent pause in the stock rally is really a pause that refreshes allowing for new highs in the stock market. We will complete a through technical analysis of the stock market with a particular focus on the S&P 500 and the Dow Jones. ✅15
A stock trader wearing a mask walks near social distancing signs the day a new IPO is launched at the New York Stock Exchange as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on August 27, 2020 in New York City. The fourth phase allows outdoor arts
Elon Musk, chief executive officer of Tesla Inc., arrives at federal court in New York, U.S., on Thursday, April 4, 2019. The SEC says Musk violated his agreement with the agency when he tweeted on February 19 that Tesla would make about half a million cars in 2019, before tweeting a few hours later that
While the market is buzzing about the Tesla (NASDAQ:TSLA) 5-for-1 stock split, there may be a much better bargain in the automotive sector. I’m referring to old American stand-by General Motors (NYSE:GM). It’s true that GM stock has struggled in 2020, but a turnaround could be in the offing. Source: Shutterstock Granted, General Motors isn’t
The 12th anniversary of the merger between Northwest Airlines and Delta Air Lines (NYSE:DAL) is coming up on Oct. 29. If you were a Northwest shareholder in 2008 and are still holding DAL stock, you made out like a bandit. Source: Markus Mainka / Shutterstock.com If you haven’t sold after 12 years, you probably shouldn’t
Shutterstock Is the interest rate on your student loans too high? Welcome to the club. Here are 5 ways to cut those interest rates. Let’s do this. 1. Comparison shop for student loan refinancing It sounds like a no brainer, but you would be surprised how many people just pick a lender they see on
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The fireworks just keep going off, with the S&P 500 scorching higher and hitting another record high. With that in mind, let’s look at a few top stock trades as we finish off Wednesday’s trading session. Top Stock Trades for Tomorrow No. 1: Peloton (PTON) Peloton (NASDAQ:PTON) shares have been on fire lately, and the
Charlotte Hornets owner Michael Jordan responds to a question during a 2014 news conference at Time Warner Cable Arena in Charlotte, N.C. Jeff Siner | Charlotte Observer | Tribune News Service via Getty Images This is a developing story. Check back for updates. Shares of DraftKings jumped 13% in premarket trading after the company said
People walk past the Calvin Klein store at the Woodbury Common Premium Outlets Mall on October 21, 2017 in Central Valley, NY. Gary Hershorn | Getty Images Check out the companies making headlines after the bell: Five Below — Five Below shares rallied after the close of the regular session Wednesday evening after it said sales
The healthcare sector is at the heart of the novel coronavirus. Consequently, names like UnitedHealth (NYSE:UNH) have enjoyed more investor interest than usual. Bulls are now hoping UNH stock will break out into new all-time highs. Therein lies the opportunity to own this stock. Source: Ken Wolter / Shutterstock.com If you already hold long positions,
Its been the year of the special purpose acquisition company (SPAC). Over 50 SPACs have been formed in 2020 alone, and they have raised over $21.5 billion. Spartan Energy Acquisition (NYSE:SPAQ) is one of the top SPACs in the market, as SPAQ stock has jumped 40% so far this year. Source: Shutterstock The company’s big
Shutterstock So, can you buy your dream house if you have student loan debt? The common wisdom is bleak: student loans are preventing borrowers everywhere from living The American Dream. It doesn’t have to be that way, however. Here are 8 ways to maximize your chance of buying your dream home — even if you
Warren Buffett Gerry Miller | CNBC They say 90 is the new 70, and in Warren Buffett‘s case it may be true. The chairman and CEO of Berkshire Hathaway announced today, on his 90th birthday, that his company has acquired a slightly more than 5% stake in each of the five leading Japanese trading companies.
Take a look at some of the biggest movers in the premarket: Zoom Video (ZM) – Zoom reported quarterly profit of 92 cents per share, more than doubling the 45 cents a share consensus estimate. Revenue came in well above Street forecasts. Zoom also raised its annual revenue forecast by more than 30%, with the
Everyone knows about microchip technology, but few know about Microchip Technology (NASDAQ:MCHP). MCHP stock has come back from a March market meltdown to hit higher highs. Source: Shutterstock MCHP makes controllers. For years these were hidden inside hard disk drives. Now they’re behind the scenes everywhere, controlling your WiFi, managing power, acting as interfaces. You