It’s no secret that airline stocks are still suffering tremendously from the crowd-phobia that the novel coronavirus created. United Airlines (NASDAQ:UAL) is down more than 55% this year and lagging 10% behind American (NYSE:AAL) and Delta (NYSE:DAL), and 50% behind Southwest Airlines (NYSE:LUV). Interestingly when markets fell hard on Thursday, UAL stock was the only
Month: September 2020
It’s been almost three months since Landcadia Holdings II (NASDAQ:LCA) announced it was combining with the Golden Nugget’s online gaming business. LCA stock is up 80% since the announcement. Source: Shutterstock If you’re thinking about backing billionaire Tillman Fertitta’s latest SPAC adventure, you might want to think twice. Here’s why. I’m a Big Fan of
Craig Hubbs loads wood into his truck at a The Home Depot store in Kill Devil Hills in the Outer Banks of North Carolina on September 11, 2018. Alex Edelman | AFP | Getty Images Dividend stocks are a critical part of an investor’s portfolio. They are also perfect for market volatility — because investors
Traders with masks work 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 This summer’s heavy speculation in stock options helped drive frothy prices, and
On Sept. 8, Slack (NYSE:WORK) reported its second-quarter results. Despite beating on top- and bottom-line estimates, Slack stock declined in the post-earnings trading session following the results. Source: Sundry Photography / Shutterstock.com Shares shed 13.9% that day and the dip was surprising for several reasons. Not only did the company report a solid result,
With Nike (NYSE:NKE) facing supply and demand challenges and its shares’ valuation quite high, I would recommend avoiding Nike stock at this point. Source: TY Lim / Shutterstock.com On the supply front, near-term inventory shortages, along with risks to the company’s supply chain in China, make me cautious on the name. Meanwhile, macroeconomic challenges could
The charting platforms that will be used are TrendSpider, StockCharts.com and ThinkorSwim for stock market futures action Sunday evening. Bob will review the stock market futures, stock charts as well as index funds to determine which direction the stock market will be headed this new trading week. Also discussed tonight will be stock market news
Chopsticks are used to carry the buds as card-carrying medical marijuana patients watch a weighing at Los Angeles’ first-ever cannabis farmer’s market at the West Coast Collective medical marijuana dispensary, on the fourth of July, or Independence Day, in Los Angeles, California on July 4, 2014 where organizer’s of the 3-day event plan to showcase
Snowflake banners decorate the New York Stock Exchange to market the debut of the software company’s shares in New York on Sept. 16, 2020. Source: Snowflake Check out the companies making headlines in midday trading. Tesla — Shares of the electric automaker shed more than 3% ahead of the company’s widely-anticipated Battery Day on Tuesday. “Our
At this point, it’s difficult to find good coronavirus stocks to buy. After all, at this point the market has priced in both the direct and indirect effects of the pandemic. Biotech and pharmaceutical firms racing to develop a vaccine have seen their stock prices soar. “Work from home” beneficiaries like Zoom Video Communications (NASDAQ:ZM)
DraftKings (NASDAQ:DKNG) has been on fire over the past month, with DraftKings stock rising more than 50% during that stretch thanks to a wave of favorable business developments, the most noteworthy of which is an exclusive Daily Fantasy Sports partnership with ESPN. Source: Lori Butcher / Shutterstock.com Before this huge breakout in DraftKings stock, I
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CNBC’s Jim Cramer said Thursday that investors will want to have money in the stock market if Congress approves another coronavirus relief bill. “If we get a stimulus package and you’re out of the market, you will feel awful,” Cramer said on “Squawk on the Street.” ”I do feel the stimulus package is very hard to get.
CEO of Tesla Motors Elon Musk reacts following the company’s initial public offering at the NASDAQ market in New York June 29, 2010 Brendan McDermid | Reuters Check out the companies making headlines in midday trading. U.S. Steel — U.S. Steel shares popped more than 9% after the company reported a smaller-than-expected loss for its
The biggest challenge for the restaurant industry right now is the novel coronavirus pandemic. And that has been an interesting situation for restaurant stocks. It limits indoor seating in most states, and not being able to fill the seats really hurts over time. And new research shows that restaurants remain one of the most significant
The race for a vaccine for the novel coronavirus has been a hot topic among investors for good reason. Investors who pick winners early will likely become millionaires overnight. That’s the only reason Novavax (NASDAQ: NVAX) is on traders’ radar right now. Over the past year, NVAX stock has hit $189 per share, but it’s
If you’re Shopping for Growth and Value Check These Out.
It was a quadruple witching day, one of four in the year that can create tough trading environments amid choppy price action. With that in mind, let’s look at a few top stock trades for next week. Top Stock Trades for Monday No. 1: Apple (AAPL) Big tech hasn’t been doing great. And with its
Investors in FuelCell Energy (NASDAQ:FCEL) have waited over a decade for good news. All they got in Q2 was another $15 million loss to add to their $1.1 billion accumulated deficit. Shares dropped -18%. Source: Kaca Skokanova/Shutterstock Please. I’m asking. It’s time to stop throwing good money at bad stocks. FuelCell may have been a
Herman Miller Aeron chair Source: Herman Miller Shares of office furniture retailer Herman Miller are surging after a blowout earnings report that showed the company is benefiting from the work-from-home trend. Herman Miller jumped more than 35% in midday trading on Thursday, while the broader market was under pressure. As the coronavirus pandemic forces millions
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