Mark Bristow, chief executive officer Barrick Gold. Getty Images Check out the companies making headlines midday Monday: Barrick Gold — Shares of the gold mining company surged more than 10% on Monday after Warren Buffett’s Berkshire Hathaway revealed a $562 million stake in the company. While the position is small for Berkshire, the conglomerate is
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The price of oil has been slowly moving up. Oil and gas stocks are rising as well, especially those that pay dividends. The economy is slowly improving as the novel coronavirus slowly loses its strength. In addition, the prospects for an effective and widely available vaccine are improving. This has helped improve overall economic growth
With interest rates near zero, many investors are turning to dividend stocks for income. And for some investors, the higher the yield, the better. But it’s important to remember that in the equity market, just as in the bond market, higher yield usually means higher risk. The biggest risk is a dividend cut, which usually
Is BigCommerce (NASDAQ:BIGC) set to be a huge winner in the e-commerce space after BigCommerce stock enjoyed one of the year’s hottest initial public offerings so far? Source: William Potter/Shutterstock.com BigCommerce started marketing its IPO at a price of $18-$20 per share. Thanks to strong demand from investors, the company’s investment bankers ended up launching the
Seasonality says it is still too early for a significant rally The weekly chart looks more constructive than the daily Another opportunity to buy on a dip could be coming soon- Look for a higher low After trading down to a low of $1.583 on June 26, natural gas made a higher low at $1.646
Facebook (NASDAQ:FB) stock proved its dominance in the last few months when it emerged as the hero of the pandemic saga. While economic disruption was rife, the social media platform showed resilience in the face of volatility with an increase in sales and engagement. Source: TY Lim / Shutterstock.com Despite growing concerns over the impact
Marathon Patent Group (NASDAQ:MARA) hit a 52-week high of $5.25 on Aug. 6. The bitcoin miner filed a shelf registration to sell up to $100 million of MARA stock in the future. Source: Shutterstock While it’s fallen back some since the announcement, it’s still much higher than it was in late July when it sold $6.9
Drew Houston, Dropbox Co-Founder and CEO, speaking at CNBC’s @Work conference in San Francisco on November 4, 2019. Arun Nevader | CNBC With the S&P 500 back up near record highs, it can be a challenge to find stocks that still have further room to rally. The danger is that valuations can become inflated, leading
Check out the companies making headlines before the bell: Brinker International (EAT) – The parent of the Chili’s and Maggiano’s Little Italy restaurant chain reported an adjusted quarterly loss of 88 cents per share, smaller than the loss of $1.37 that Wall Street analysts had predicted. Revenue did come in below forecasts, but Brinker is
As the EV sector remains hot, should you buy Workhorse Group (NASDAQ:WKHS) stock? Rallying more than 400% so far this year, investors have started to hit the brakes. Reaching prices as high as $22.90 per share in early July, the electric-powered delivery truck maker’s shares have slipped down to around $16 per share. Source: rblfmr
Is there any bank stock as unappealing as Wells Fargo (NYSE:WFC)? For my money, Wells Fargo stock is the worst of a weak bunch. Source: Martina Badini / Shutterstock.com Wells Fargo has been the black sheep of bank stocks for a few years now, and nothing that it’s accomplished lately is making people forget that.
Tonight Sunday Night Stock Market Live we will discuss how and why Warren Buffet is buying Barrick Gold. Bob Desmond will use stock charts and technical analysis to discuss if this current bear market will become worse or has the stock market seen a bottom? The charting platforms that will be used are TrendSpider, StockCharts.com
Mic’Kale Smith, who works as a security guard but has had to take time off to care for her son during the coronavirus disease (COVID-19) outbreak, wears a face mask as she shops with her son Da’Mier at the Tiger Market in Oxon Hill, Maryland, May 20, 2020. Jonathan Ernst | Reuters Consumer prices excluding
Airline stocks are flirting with a possible rotation higher and that’s got investors taking a closer look at this group. Delta Air Lines (NYSE:DAL) is one of the better-run names in the industry, so we want a piece of DAL stock if there’s going to be a big run. Source: NextNewMedia / Shutterstock.com The question
Before we dive into why investors should stay far away from Hertz Global (NYSE:HTZ), we should first appreciate why people continue to speculate on the bankrupt rental car company. After all, Hertz stock isn’t buying itself. Primarily, raw emotions combined with the speculative draw of a cheap asset price is leading inexperienced traders into a
Chinese customers look at iphones at the official opening of the new Apple Store in the Sanlitun shopping area on July 17, 2020 in Beijing, China. Kevin Frayer | Getty Images Check out the companies making headlines before the bell: Apple (AAPL), Alphabet (GOOGL) – Apple and Alphabet’s Google unit are being sued by Epic
Record-breaking volatility in broader markets has created a wide range of winners and losers. Another phenomenon that regularly hits the headlines is the number of retail market participants trading on the online investing platform Robinhood. You can even think of the most popular shares on the site as top Robinhood stocks. Upon close inspection, you
Simply put, I’m not sold on Beyond Meat (NASDAQ:BYND). But my skepticism toward Beyond Meat stock doesn’t derive (purely) from the stock’s hefty valuation. Source: Sundry Photography / Shutterstock.com To be sure, Beyond Meat stock looks expensive. It trades at almost 20x trailing twelve-month revenue — and this is a food manufacturer, not a software
In Best Stock Charts this week we perform a demonstration of TrendSpider using their multi-timframe automated technical analysis. We have now introduced Alpha Trends Anchored VWAP. At The Contrarian Trader we have used TradingView, StockCharts.com and Think or Swim platforms. While all are solid charting platforms for consistently reliable charting platform with back-testing, stock scanner
Keith Cunningham from South Carolina shops for Walt Disney apparel at the Bargain World gift shop located near Walt Disney World where its conducting a phased reopening from coronavirus disease (COVID-19) restrictions in Lake Buena Vista, Florida, July 11, 2020. Octavio Jones | Reuters Retail sales rose to a record level in July, recovering what