Jamie Dimon, the well-known chairman and CEO of JPMorgan Chase (NYSE:JPM), told investors in last quarter’s shareholder letter that they would continue “to pay our dividend – unless the economic situation deteriorates materially and significantly.” But JPM stock may suffer if the bank does not increase the quarterly dividend in the next several weeks, as
Month: September 2020
As a long-time Nvidia (NASDAQ:NVDA) bull, it was tough for me to say last week that it may be time to pump the brakes on a red-hot NVDA stock that is up 212% in 2020 alone. Source: Sundry Photography / Shutterstock.com But that seems like the smart thing to do. Nvidia is a great company,
Looking for pre-pandemic consumption as early as Q4- Inventory data remains bullish The price of oil is sitting at just below $43 per barrel Technical factors point higher, and so does the price action in other commodities The price of nearby October crude oil futures on NYMEX rose to a new high over the past
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The first day of September saw more money flow into stocks, with the S&P 500 hitting its eighth-straight record high. With that in mind, let’s look at a few top stock trades for Wednesday. Top Stock Trades for Tomorrow No. 1: Zoom Video (ZM) Wow, what an incredible run it’s been for Zoom Video (NASDAQ:ZM).
Joggers pass the Marriner S. Eccles Federal Reserve building in Washington, D.C., on Tuesday, Aug. 18, 2020. Erin Scott | Bloomberg | Getty Images Interest rates near zero likely will stay in place not for months but years as the Federal Reserve seeks to reengineer an economy characterized by low inflation and an uneven labor
A bear statue stands outside the Frankfurt Stock Exchange, operated by Deutsche Boerse AG, in Frankfurt, Germany, on Friday, March 13, 2020. Alex Kraus | Bloomberg | Getty Images Throw in the towel on a market pullback? It’s getting lonely being a market bear. Investors — even market bulls — who are trying to figure
A worker is seen wearing a mask while organizing merchandise at a Walmart store, in North Brunswick, New Jersey, July 20, 2020. Eduardo Munoz | Reuters Check out the companies making headlines in midday trading. Zoom Video — Shares of the video conferencing company rallied more than 30% on the back of better-than-expected results for
When it comes to betting on long-term stocks set to benefit from the novel coronavirus acceleration of secular trends preceding the pandemic, the most obvious plays are in digital technology. Academic research papers are being churned out to explain just how Covid-19 has changed the world of business permanently. Some industries and sectors have fared
In a prior article, I said that Docusign (NASDAQ:DOCU) was a company that will continue to grow regardless of the pandemic. Secure, electronic signatures are simply an idea whose time has come. And it has become essential technology for many online businesses. But should you buy Docusign stock at its current price? The technicals are
It’s been an eventful couple of weeks for the yellow metal (GLD) as gold’s rally was derailed by a 7% daily drop in mid-August, and a drop to nearly $1,850/oz the following day. However, while this has certainly put a little doubt in some market participants’ minds, it’s worth noting that zero technical damage has been done
Trader on the floor of the New York Stock Exchange Getty Images Mutual funds managed by women are outperforming those managed by men this year as higher relative exposure to technology names drives performance, according to new research from Goldman Sachs. The firm found that 43% of women-managed funds — as defined by those with at
A man walks a dog in the shade away from the midday sun past the New York Stock Exchange (NYSE) building in Manhattan, during hot weather in New York City, New York, U.S., August 11, 2020. Mike Segar | Reuters Stocks often stumble in September, and in election years, there’s potential for even more volatility.
Southwest Airlines (NYSE:LUV) recently provided investors an update on about its operations and finances. Investors now have significant hope that LUV stock can recuperate over the next year as the company’s recovery continues. Source: Carlos E. Santa Maria / Shutterstock.com As a result, LUV stock has been rallying. In the past 10 days it’s up
Riding high thanks to the EV bubble, what’s next for Plug Power (NASDAQ:PLUG) and PLUG stock? A rising star in the hydrogen fuel cell (HFC) space, shares are up 309% so far this year. While the company’s prospects appear strong, lingering concerns remain. Source: petrmalinak / Shutterstock.com What do I mean? Firstly, valuation. Granted, valuation
A technical breakout- The November 2019 high is now the target A hurricane causes another push higher Inventories are a problem for natural gas, but the Buffett factor has been influential for the price of the energy commodity The September futures contract in the natural gas futures market rolled to October last week in a
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