The coronavirus outbreak has caused a lot of negative impact on consumer demand, unemployment and stocks in industries like travel and leisure took a big hit. During this pandemic, consumers changed their preferences and way of living in a way nobody would have imagined before. Shares of Zoom (NASDAQ:ZM) performed very well during this pandemic.
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As one of the strangest states in our country, Florida is known for many things. Personally, when I think of the Sunshine State – which is not much at all – alligators are about the only thing that comes to mind. Of course, I’m being facetious. Every four years, it plays a pivotal role as
People walk by a Wells Fargo bank branch on October 13, 2017 in New York City. Spencer Platt | Getty Images Wells Fargo warned on Monday that it will likely cut its dividend after the Federal Reserve announced it would cap dividends for banks based on earnings. Wall Street analysts pointed to Wells Fargo as
A FedEx employee wearing a protective mask and gloves loads boxes into a truck amid the coronavirus pandemic on April 28, 2020 in New York City, Alexi Rosenfeld | Getty Images Check out the companies making headlines after the bell. FedEx — The shipping company’s stock climbed 9% after the closing bell following its release of
With its 7% dividend and its $209 billion market cap, AT&T (NYSE:T) is widely considered a blue-chip investment. However, General Electric (NYSE:GE) investors know all too well how quickly a blue-chip stock can fall from grace. Unfortunately for T stock investors, the company seems to be joining GE in failing to adapt to the 21st
In our live stream Swing Trading Today we answer the question of if the stock market is cheap? We will do some Technical Analysis to determine resistance levels on the stock charts. ✅Get Notified 15 Minutes To US Going Live Via Eamil (No Spam Pledge) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Bob’s 5 Most Powerful Video Tutorial – Free http://bit.ly/2IpRUPU
It’s the last day of the quarter, and we’re seeing some interesting moves in the stock market. That said, let’s look at a few top stock trades for Wednesday. Top Stock Trades for Tomorrow No. 1: Gold (GLD) Gold prices have been trading better lately. Despite investors knowing all about the Federal Reserve and other
Download Stig & Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Subscribe to We Study Billionaires podcast show: https://link.chtbl.com/WSB Have a question? Get your voice heard on the show: https://www.theinvestorspodcast.com/your-questions/ ABOUT THE EPISODE: On today’s show, we talk to financial analyst Lyn Alden about investing during chaotic times.
Last year wasn’t a good year for pot stocks. The first half of 2020 hasn’t been the best, either. But the recent poor performance in the space shouldn’t keep you away from opportunities with Canopy Growth (NYSE:CGC) stock. Source: Shutterstock Why? Multiple reasons. Firstly, a strong balance sheet, courtesy of its largest investor, Constellation Brands
The last time I weighed in on American Airlines (NASDAQ:AAL) stock and its peers, I said, “The party is over for airlines, especially with ‘second wave’ coronavirus fears making the rounds.” Source: GagliardiPhotography / Shutterstock.com That was on June 11. And, unfortunately, I was right. Most of the top airlines have just begun to fall
The logo of Amazon Web Services (AWS) is seen during the 4th annual America Digital Latin American Congress of Business and Technology in Santiago, Chile, September 5, 2018. Ivan Alvarado | Reuters Amazon Web Services, the cloud-computing branch of the e-commerce giant, is further expanding its services in the growing space industry. The company announced
Micron Technology’s hard drive for data center customers is presented at a product launch event in San Francisco, October 24, 2019. Stephen Nellis | Reuters Check out the companies making headlines in midday trading. Micron — Micron traded more than 6% higher after the chip manufacturer posted better-than-expected results for the previous quarter. The company posted an
Exxon (NYSE:XOM) has made it clear that it plans on maintaining its dividend. That makes Exxon Mobil stock very attractive with its 7.7% dividend yield. Source: Harry Green / Shutterstock.com I have written several articles about this, including the most recent one on May 12: “Exxon’s Safe Dividend Makes XOM Stock Very Attractive.” Since then,
It’s been a tough year thus far for silver (SLV) as it’s massively underperformed gold (GLD) and remains flat year-to-date, but the relentless bid since the mid-March low suggests that we might finally be seeing a change of character here. Heading into June, silver was up by more than 55%from its March low, and a sharp retracement would have
In our live stream Swing Trading Today we answer the question of if the stock market is cheap? We will do some Technical Analysis to determine resistance levels on the stock charts. ✅Get Notified 15 Minutes To US Going Live Via Eamil (No Spam Pledge) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Bob’s 5 Most Powerful Video Tutorial – Free http://bit.ly/2IpRUPU
What’s next for JetBlue (NASDAQ:JBLU) stock? Like the company’s rivals, its shares soared earlier this month, as investors placed their bets on a comeback by the airlines. But, as novel coronavirus cases have started to surge again, JetBlue’s shares are starting to pull back. Source: Roman Tiraspolsky / Shutterstock.com In short, we could soon be
Virgin Galactic (NYSE:SPCE) seems to be in the business of making news. For example, the company is pointing to increased demand for space travel even though they still seem years away from putting those individuals in flight. However, that doesn’t seem to be deterring investors from buying SPCE stock. In fact, the stock is up
(L-R) Michael Corbat, chief executive officer of Citigroup Inc., Jamie Dimon, chief executive officer of JPMorgan Chase & Co., James Gorman, chief executive officer of Morgan Stanley, Brian Moynihan, chief executive officer of Bank of America Corp., Ron O’Hanley, president and chief executive officer of State Street Corp., Charles Scharf, chief executive officer of Bank
Shoppers ascend and descend escalators at the King of Prussia Mall, owned by Simon Property Group, United State’s largest retail shopping space, in King of Prussia, Pennsylvania. Mark Makela | Reuters Check out the companies making headlines after the bell. Micron Technology — The technology company’s stock jumped as much as 6% in extended trading
54 cents to go on the upside- Open interest drops to the lowest level of the year Success on the weekly chart Falling production and stimulus- More surprises ahead Trading conditions in the crude oil futures arena at NYMEX have been like riding a psychotic horse through a burning barn in 2020. The year started