The coronavirus crisis saw extreme whipsawing in the market with the fear and chaotic climate of the spring of 2020 providing a challenge to long-term investors, daring them to stay the course. But according to this year’s edition of “How America Saves,” Vanguard’s insights show that many of the new retirement saving measures helped ward off rash – and potentially expensive – decisions. Vanguard said that over the last 15 years the increased adoption of target-date funds has led to a 75%… Source link
Read More »CDC to decrease quarantine time; UPS ramps up dry ice
The U.S. Centers for Disease Control and Prevention (CDC) is aiming to reduce the quarantine requirements for someone potentially exposed to the virus from 14 days to somewhere between 7 to 10 days. The change in days, in addition to conducting a test, is being pursued as health officials try to gain better compliance with an increasingly covid-weary population, according to the Wall Street Journal. The decision is also guided by a better understanding of the phases of virus incubation and… Source link
Read More »Yandex (NASDAQ:YNDX) Sees Significant Decrease in Short Interest
Yandex (NASDAQ:YNDX) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 11,430,000 shares, a decline of 14.2% from the September 30th total of 13,320,000 shares. Based on an average daily volume of 3,390,000 shares, the short-interest ratio is presently 3.4 days. Yandex stock opened at $56.88 on Tuesday. The firm’s 50 day simple moving average is $60.86 and its 200-day simple moving average is $52.41. The company has a… Source link
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