Tag Archives: checks

TipRanks 2 “Strong Buy” Penny Stocks That Could See Outsized Gains Well, it’s official. Joe Biden is now President, and he’ll be backed – at least for the short term – by Democratic majorities in both Houses of Congress. Wall Street is taking the measure of the new Administration, and sees, among its first moves, a boost in fiscal stimulus that is likely to goose consumer spending, bump corporate profits, and provide general economic support in the first half of 2021. Covering the… Source link

Bloomberg Wrong-Way Bet on Covid Is Changing Oil-Trading Industry Forever (Bloomberg) — In January, as a mysterious illness ripped through the Chinese city of Wuhan, global oil prices plunged. Two thousand miles away in the island state of Singapore, one of the most powerful men in the world of commodities trading, Lim Oon Kuin, quietly added to his vast stockpiles of fuel – making a bet that China would successfully control the spread of the new disease.That gamble soured quickly. While… Source link

The Telegraph Italians accuse Germany of taking more than its fair share in European vaccine distribution Italians scrambling for Covid-19 vaccination appointments on Monday complained about “extra doses” of the Pfizer vaccine delivered to Germany as part of a scheme designed to treat all EU countries equally. Some politicians and public health experts bristled at the news that Germany received 10 times the number of doses as Italy on the first day of the vaccine roll-out. “The accounts… Source link

The Guardian How California went from a leader in the Covid fight to a state in despair California was the first state to lock down and avoided overwhelming its hospitals. Nine months later, its leaders are struggling as conditions worsenAt the San Joaquin hospital in California’s Central Valley, nurses cover infectious Covid-19 patients with clear, tent-like barriers – or, when those aren’t available, white sheets – as they’re wheeled through the ICU.“It’s for everybody’s… Source link

The stock market has been looking a little top heavy for weeks on end after an early winter melt-up. But absent President Trump signing off on a new stimulus bill that features his demands for fatter stimulus checks to households reeling from the COVID-19 pandemic, the math suggests stocks would be too overvalued to not justify a correction. Long-time market strategist Hugh Johnson of Hugh Johnson Advisors told Yahoo Finance Live he thought stocks were about 8.5% overvalued before Trump threw… Source link

Democratic and Republican leaders reached an agreement on a new coronavirus relief deal worth around $900 billion that includes a second round of stimulus checks and additional unemployment benefits. The bill will soon be put for a vote in the House and the Senate. “We’ve agreed to a package of nearly $900 billion, with targeted policies that help struggling Americans who’ve already waited entirely too long,” Senate Majority Leader Mitch McConnell (R-KY) said from the Senate floor on… Source link

InvestorPlace Advanced Micro Devices Looks Ready to Run to $100 The last time I wrote about Advanced Micro Devices (NASDAQ:AMD) was in mid-October. At the time, I argued that the company should use AMD stock for the entire Xilinx (NASDAQ:XLNX) acquisition, which at the time was still only a possibility, and not a sure thing.  Source: Sundry Photography / Shutterstock.com InvestorPlace – Stock Market News, Stock Advice & Trading Tips Lo and behold, Chief Executive Officer Lisa Su announced… Source link

TipRanks 3 Stocks Flashing Signs of Strong Insider Buying Sometimes, following a leader makes the best investment strategy. And corporate insiders have long been popular leaders to follow. Their combination of responsibility to their stockholders and access to ‘under the hood’ information on their companies gives their personal investment choices an air of authority.The most important thing about these insiders is that whatever else they do, they are expected to shepherd their companies to… Source link

TipRanks 3 “Strong Buy” Stocks That Are Still Undervalued After a year that most of us want to forget, 2021 is shaping up to start with stability and an even keel. The election is safely behind us, the new Biden Administration promises a ‘no drama’ approach, a closely divided and hyper-partisan Congress is unlikely to enact any sweeping legislation, reform or otherwise, and COVID vaccines are ready for distribution. It’s a recipe for a calm news cycle.Which makes it a perfect time to… Source link

A $900 billion coronavirus stimulus deal seems imminent. Top Democrat Sen. Chuck Schumer (D., N.Y.) sounded optimistic on Wednesday, saying, “It’s not a done deal yet, but we are very close.” A point of contention amid the negotiations has been the inclusion of another round of stimulus checks for Americans. The bipartisan $908 billion proposal unveiled on Dec. 9 and then split into two parts this week did not include stimulus payments. The deal will also likely leave out state and local… Source link