Over the last few weeks, there have been more than enough reasons to be skeptical about the record-breaking run in equities. Recently, I’ve been harping on the ridiculous amount of speculation in the market. But even more problematic is the Covid-19 pandemic. Just when you thought the crisis was fading into the rearview mirror, cases
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The Hourly View for MKC At the moment, MKC (Get Ratings)’s price is down $-0.05 (-0.06%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. Regarding the trend, note that the strongest trend exists on the 50 hour timeframe. Of note is that the 50 hour
On this podcast, Stig Brodersen talks with Leland Miller who’s an investment expert on the Chinese economy. IN THIS EPISODE, YOU’LL LEARN: – How the Chinese central bank operates, and which interests they have in manipulating their interest rate – What the real drivers behind the trade war are – How to understand the Chinese
MicroStrategy CEO Michael Saylor on Friday defended his enterprise software company’s debt-financed purchases of bitcoin, telling CNBC he sees buying the cryptocurrency right now as comparable to investing in Facebook in the social network’s early days. “We’ve got $2.2 billion of debt and we pay about 1.5% interest, and we have a very long time
In this article AMZN TXRH GILD PG PVH HOOD In this photo illustration an Amazon logo is displayed on a smartphone with stock market percentages in the background. SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Amazon — Amazon shares fell 6.5% after the tech giant’s second-quarter
ContextLogic (NASDAQ:WISH) is well-positioned to benefit from the turbulence that China-based e-commerce companies are facing. Further, after outlining multiple, positive catalysts in my previous column on WISH stock, published on June 28, I have identified several more drivers that are likely to boost the shares over the longer term. Source: sdx15 / Shutterstock.com Among these
A decade ago, after returning to finance from 30 years covering computer technology, I got into an argument over a company called Dendreon. You’ll see why this lingering thoughts connects me to BIIB stock below. Source: PictureDesignSwiss / Shutterstock.com Dendreon had launched a treatment for prostate cancer called Provenge. It is an immunotherapy, tied to
The Hourly View for CMG At the moment, CMG (Get Ratings)’s price is down $-6.98 (-0.38%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. The moving averages
This is a stock market analysis live stream. We will discuss Stocks To Watch This Week as well as discuss stock market news. Technical analysis of the stock market futures plus a discussion about earnings will be hot topics. ✅14 Day Free Trial Membership! Join 2 Weeks Free ✅$100 / 3 Month Trial “Gold Light”
Jeff Bezos, owner of Blue Origin, introduces a new lunar landing module called Blue Moon during an event at the Washington Convention Center, May 9, 2019 in Washington, DC. Mark Wilson | Getty Images The U.S. Government Accountability Office on Friday denied protests from companies affiliated with Jeff Bezos that NASA wrongly awarded a lucrative
Traders on the floor of the New York Stock Exchange, June 25, 2021. Source: NYSE Friday’s jobs report could be a catalyst that helps determine whether markets are volatile or will trade like it’s the quiet dog days of August. More than a quarter of the S&P 500 report earnings in the coming week. The
Penn National (NASDAQ:PENN) has generated profits in each of the last two quarters — and the company’s first-quarter results were particularly impressive. But that’s not the only reason to like PENN stock. Source: Casimiro PT / Shutterstock.com On top of its quarterly performance, Penn National also looks critically well-positioned to benefit from a meaningful expansion
GameStop (NYSE:GME) stock has been one of 2021’s most incredible investing stories. The initial short squeeze was incredible to watch. Few market analysts could have ever imagined that a struggling mall retailer like GameStop could see its shares surge thousands of percent. Source: rblfmr / Shutterstock.com That surge, in turn, saved the company. GameStop raised
The Hourly View for AXP At the time of this writing, AXP (Get Ratings)’s price is down $-1.2 (-0.7%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved up. From a hourly perspective, the market looks fairly choppy; clear trends aren’t showing up on
On today’s show, Preston and Stig talk about billionaire Ray Dalio’s new book, Big Debt Crises. IN THIS EPISODE, YOU’LL LEARN: – Why Ray Dalio thinks that the US Dollar could depreciate 30% – Why the financial crisis in 2007-2011 was solved much faster than the Great Depression – How to diagnose in which stage
In this article XOM CVX Michael Wirth, CEO of Chevron. Adam Jeffery | CNBC Chevron reported a second straight quarter of profits Friday as improving demand for petroleum products and a jump in oil prices boosted operations. The company also reinstated its share repurchase program. The oil giant earned $1.71 per share during the second
In this article CPRI HOOD CAT CVX PG XOM Check out the companies making headlines before the bell: Procter & Gamble (PG) – The consumer products giant rose 1.1% in the premarket after it beat estimates by 5 cents with quarterly earnings of $1.13, while revenue beat forecasts as well. P&G did warn of continuing
Facebook (NASDAQ:FB) reported absolutely stellar free cash flow (FCF) numbers for the second quarter, ending June. As a result, I believe that FB stock is worth significantly more than its present price. Source: Wachiwit / Shutterstock.com As a result, I have upped my price target to $517 from $500, which I previously wrote about earlier
Other than a short-lived rally in June fueled by Reddit users, ContextLogic (NASDAQ:WISH) stock is on a permanent trajectory downward. Source: sdx15 / Shutterstock.com WISH stock peaked at $32.85, shortly after its initial public offering earlier this year. The company’s unfavorable valuations, mixed first-quarter results, and poor sales forecast continue to weigh on its share
The Hourly View for LB At the moment, LB (Get Ratings)’s price is down $-0.98 (-1.27%) from the hour prior. This is the 2nd hour in a row LB has seen its price head down. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour