Tonight Sunday Night Stock Market Live we will discuss if the stock market will continue to breakdown or will the stock market rally? We also discuss if the Federal Reserve will allow negative interest rates which are currently being priced into the bond market. Bob Desmond will use stock charts and technical analysis to discuss
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After starting off lower on the day, equities made a nice push into the green on Friday. With that in mind, let’s look at a few top stock trades for next week. Top Stock Trades for Monday No. 1: General Electric (GE) General Electric (NYSE:GE) looks bad, doesn’t it? I mean, this says all you
Covid-19 caused tremendous human tragedy and it also decimated millions of businesses worldwide. The quarantine was especially harsh on the hospitality and entertainment industries. Many gaming stocks like Penn National Gaming (NASDAQ:PENN) lost 75% or more of their value. But this not their first time facing difficulties, so management teams are smart enough to handle
Small-cap healthcare company Co-Diagnostics (NASDAQ:CODX) had a fantastic run in recent weeks. But it appears that the good times have come to a decisive end. CODX stock dropped more than 5% Thursday during the regular trading session, and it has fallen another 7% in early morning trading. Source: Shutterstock That’s because, on Thursday, Co-Diagnostics suffered
Certainty is always more abundant than accuracy on Wall Street. Well argued, data laden hypotheses support opinions that drive buyers and sellers. A high-profile money manager and fellow talking head, Mr. I. M. Sureofmyself, was describing his view of how the economic and health care crisis would develop and unfold over the next six to
A shopper wears a protective mask while browsing through the Island Cotton Company store as the state of Florida enters phase one of the plan to reopen the state on May 4, 2020 in Stuart, Florida. Joe Raedle | Getty Images A shocking 16.4% plunge in April retail sales signals an even bleaker outlook for
Stocks rallied to close the week, again showing resilience in the face of troubling economic data. An extension of the oil rebound and more positive reopening also provided some ballast to equities. Source: Provided by Finviz The S&P 500 climbed 0.39%. The Dow Jones Industrial Average advanced 0.25% The Nasdaq Composite gained 0.79% After being one
[Editor’s Note: “9 Stocks to Buy as People Are Still Stuck at Home” was originally published in March 2020. It is regularly updated to include the most relevant information.] Very few events in American history have disrupted our society quite like the novel coronavirus. What seemed like a far off foreign epidemic early in the
The airline industry revenue has collapsed due to the novel coronavirus pandemic. While I am positive on a few names in the industry, American Airlines (NASDAQ:AAL) is one company I would avoid. AAL stock has plummeted by 72% from 52-week highs and currently trades at $9.65. Even after this big downside, the stock remains unattractive.
Consumer spending plunged by a record 16.4% in April, but one category saw a bounce: nonstore retailers. Included in this category, which saw an 8.4% month-over-month increase, is online shopping. With much of the country under shelter-in-place orders during April, consumers increasingly turned towards e-commerce giants like Amazon for their shopping needs. As the pandemic
The New York Stock Exchange floor is reopening — sort of. The decision to partially reopen the floor on May 26, which has been closed since March 23, involved a complicated stew of business, legal and medical issues that many larger businesses throughout the United States will be facing —particularly those where people are required
A view of the charging Bull with a woman in New York City USA during coronavirus pandemic on April 25, 2020. John Nacion | NurPhoto | Getty Images Coming off a volatile week, analysts expect stocks to continue navigating choppy trading as investors try to build a view of what the economy will look like
I wanted to find five foreign, profitable companies that investors would find worthwhile. They would have to be cheap stocks with low price-earnings ratios and high dividend yields. The idea is that by diversifying a portion of your portfolio in non-U.S. stocks, you will enhance your overall returns. Often, foreign equities provide a return that
It’s Thursday again, which means another round of increasingly bleak initial jobless claims, but that wasn’t enough to send the broader equity benchmarks to large losses on the day. Source: Provided by Finviz The S&P 500 rose 1.15%. The Dow Jones Industrial Average added 1.60% The Nasdaq Composite gained 0.91% A day after being the Dow’s
[Editor’s note: “5 Stable Dividend Stocks to Buy as Fixed Income Vanishes” was previously published in January 2020. It has since been updated to include the most relevant information available.] Income in the bond market is rapidly disappearing, and that’s a weird concept to try and wrap your head around. For decades — centuries, even
The shares of the major U.S. airlines continue to sink. For the past week, airlines have hit new lows almost every day, and Delta (NYSE:DAL) stock is following the trend. DAL is down 10% in the last week and is below $20 for the first time since 2013. Source: Markus Mainka / Shutterstock.com As you
Bill Miller, founder of Miller Value Partners, disagreed Wednesday with the assessment made by other major investors about the market’s valuation being too high. “If you look at the overall market … we’re trading around 17 times the consensus on bottom-up earnings for 2021, which is about the average for the last five years,” Miller
A worker wearing a protective face mask operates a forklift to move boxes of face shields ready for shipment at the Cartamundi-owned Hasbro manufacturing facility in East Longmeadow, Massachusetts, U.S., on Wednesday, April 29, 2020. Adam Glanzman | Bloomberg | Getty Images Jobless claims were up by another 2.98 million last week, but within the
It’s been a strong start to May thus far for silver (SLV), with the metal adding to last month’s gains, and making it look like March was nothing but a violent shake-out. Despite this massive bounce off of the lows, however, we continue to see small speculators pare back their bullish bets, suggesting that they
Equities opened for trading under significant pressure on Thursday, but bulls bid the market back up. Here’s a look at a few top stock trades to watch for Friday. Top Stock Trades for Tomorrow No. 1: JPMorgan (JPM) The banks have been getting killed, but they made a nice bounce on Thursday. JPMorgan (NYSE:JPM) was