I know a winner when I see one. And for me, I see a winner in Lululemon Athletica (NASDAQ:LULU) stock. Source: Richard Frazier / Shutterstock.com Most people are familiar with Lululemon — it’s the original “athleisure” company. Lululemon is the company that made yoga pants and leggings trendy. And if you’ll remember, Lululemon was also
Getty Images Companies holding low-rated debt are in for a brutal stretch as the economy heads into a coronavirus-induced recession, according to a forecast Friday. S&P Global Ratings said the default rate for high-yield, or junk, bonds is heading to 10% over the next 12 months, more than triple the rate of 3.1% that closed
“Theater Closed” signs are posted in front of the AMC Montebello, as the US chain of AMC movie theaters closes for 6 to 12 weeks, On March 17, 2020 in Montebello, California, as the coronavirus (covid-19) epidemic leads to restaurant and school closures and workers working from home in an effort to encourage social distancing.
TGT: 3 “Stock Up” Stock Winners TGT – The trend is your friend with these 3 stocks benefiting from the need for folks to “stock up” on food and households item for the long stay at home: Learn more about TGT, KR and GO below. Get Free Updates Coronavirus cases are increasing by the day.
Equities faltered on Friday after California and New York — two of the three largest states by GDP — announced shutdowns for all non-essential businesses, and after Senate Republican pitched a stimulus plan the markets viewed as disappointing. Source: Provided by Finviz The S&P 500 declined 4.18% The Dow Jones Industrial Average dropped 4.50% The Nasdaq
We’re now at that point in this market correction where everyone is certainly paying attention, but there are still bulls out there talking about opportunity. While opportunities exist, right now they will only be long-term opportunities because it doesn’t seem like we’re going to hit bottom until we figure out how much the U.S. economy
When it comes to a selloff due to the coronavirus from China, one area that’s prime for bears has been the restaurant industry. But amid the historic fallout, it’s now a better time to look at restaurant stocks to buy and ready ‘to-go’ in your portfolio. Thursday may not have elicited a full sigh of
A Bank of America financial manager shows a customer how to use the ATM with Teller Assist station in Cherry Creek. Andy Cross | Denver Post | Getty Images Bank of America said it was boosting pay for bank tellers by $400 a month and reducing daily work shifts by at least two hours amid
Markets face more violent swings in the coming week as investors watch out for a rising number of coronavirus cases and new data that could show how the virus is slamming the U.S. economy. The past week was brutal for stock investors with the Dow Jones Industrial Average posting a 17.3% decline, its worst week since
ACB: The Cannabis Sector Weekly Update ACB – Growth and real estate sectors were hit the hardest, with many cannabis stocks continuing their downward trajectory as investors fled to cash. Get Free Updates This was another historic week on the stock market, as COVID-19 fears wreaked havoc on the indexes. The Dow Jones Industrial Average
After the last few weeks, trading Thursday seemed almost normal. Following eight straight sessions in which the S&P 500 had moved at least 4.9%, U.S. stocks moved gently higher. Source: Shutterstock To be sure, there were intraday fireworks, as early losses reversed and midday gains faded. Overnight futures presage potential declines on Friday. The VIX,
Tesla (NASDAQ: TSLA) is now down roughly 60% from its all-time high of $968 just last month. It’s looking increasingly likely that the Tesla stock bubble will mark the peak of the 2010s bull market. Source: Christopher Lyzcen / Shutterstock.com In many ways, the Tesla’s run was like that of Cisco Systems (NASDAQ: CSCO) and
Over the past months I’ve been researching companies that I call tails-you-win, heads-you-win opportunities. These are companies in businesses that profit during good economic times and — more importantly — during terrible economic times. In general, these are great stocks to buy. Source: Shutterstock And now that the United States is about a month into
The fiscal year 2019 was challenging for Altria Group (NYSE:MO), as the company reported impairment charges related to its investment in e-cigarette company Juul. MO stock started recovering in fiscal year 2020. But the spread of the coronavirus from China stalled the bounce back, which triggered a broad market plunge and the stock declined sharply.
US President Donald Trump gestures as CEO of Bank of America Brian Moynihan (L) speaks during a meeting with banking leaders to discuss how the financial services industry can meet the needs of customers affected by COVID-19 at the White House in Washington, DC on March 11, 2020. Brendan Smialowski | AFP | Getty Images
Tesla vehicles stand outside of a Brooklyn showroom and service center on August 27, 2018 in New York City. Spencer Platt | Getty Images Check out the companies making headlines after the bell. Crowdstrike — The cybersecurity company’s stock soared 19% in extended trading after the company posted fourth-quarter revenue that exceeded analysts’ expectations. Crowdstrike
IIPR: Why Did Shares of Innovative Industrial Properties (IIPR) Drop More Than 30% Yesterday? IIPR – Yesterday, shares of Innovative Industrial Properties (IIPR) dropped to $40. Get Free Updates Yesterday, the market plummeted to levels we have not seen since 2017 as fears about the spread of the coronavirus mounted. Included in this plunge was
In Swing Trading Today we review historical support levels for the S&P 500. Technical Analysis ✅Get Notified 15 Minutes To US Going Live Via Eamil (No Spam Pledge) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Please Take Our 2 minute Survey- Help us understand your pain points with trading- Then we focus on them until they are resolved https://www.surveymonkey.com/r/HW3YH2W ✅Bob’s 5
At this point, weary investors will take the gains, but Thursday’s upside in domestic equities was muted amid concerns that the coronavirus outbreak will soon yield discouraging employment data. Source: Provided by Finviz The S&P 500 rose 0.47% The Dow Jones Industrial Average added 0.95% The Nasdaq Composite gained 2.30% Likely stoked by some value hunting,
Tonight on Sunday Night Stock Charts Live we discuss if the stock market will continue to breakdown or will it breakout. We will review the stock charts of the futures price actions and perform technical analysis. ✅15 Minute Live-Stream Alert List! (we hate spam too) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Please Take Our 2 minute Survey- Help us understand