TipRanks The Bottom Is in for These 3 Stocks? Analysts Say ‘Buy’ Never say that one person makes no difference. This past Thursday, stocks tumbled, bonds surged, and investors started taking inflationary risks seriously – all because one guy said what he thinks. Jerome Powell, chair of the Federal Reserve, held a press conference at which he gave both the good and the bad. He stated, again, his belief that the COVID vaccination program will allow a full reopening of the economy, and that… Source link
Read More »Market Coverage: Friday March 5th Yahoo Finance – Yahoo Finance
Market Coverage: Friday March 5th Yahoo Finance – Yahoo Finance Source link
Read More »Oil Jumps After OPEC+ Surprises Market With Unchanged Output
The Conversation January warm spells, March freezes: How plants manage the shift from winter to spring A late snowfall could set back the growth of this budding lilac. oddharmonic/Flickr, CC BY-SAWeather patterns across the U.S. have felt like a roller coaster ride for the past several months. December and January were significantly warmer than average in many locations, followed by February’s intense cold wave and a dramatic warmup. If you’ve ever seen lilac bushes crushed by snowdrifts,… Source link
Read More »Tesla Is Bleeding Battery EV Market Share To Ford’s Mustang Mach-E: Morgan Stanley
Bloomberg OPEC+ Silence Leaves Oil Market Guessing Next Supply Move (Bloomberg) — OPEC and its allies kept oil-watchers guessing about their next move, after a day of preliminary talks offered few clues as to whether the market will get the April supply increase it’s been expecting.Saudi Arabia and Russia, leaders of group, held bilateral talks on Wednesday, seeking common ground as Riyadh urges caution and Moscow presses to raise output, a delegate said. While OPEC+ is still widely… Source link
Read More »Re-opening rotation trades are rocking the market: Morning Brief
Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, March 4, 2021 Tech stocks go red for 2021. The re-opening rotation trade has been underway for months now. This trade can broadly be thought of as a move by investors away from stocks that worked in the stay-at-home world of 2020 and into names that should benefit from accelerating economic growth. This new theme kicked off following early November news that Pfizer (PFE) and BioNTech ( Source link
Read More »SPACs are now a $700 billion market: Morning Brief
Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, March 3, 2021 Goldman Sachs puts the SPAC boom in context. Late last year, we wrote about David Kostin’s equity strategy team at Goldman Sachs declaring 2020 the year of the SPAC. In the few months since this report, the trend has only accelerated. Kostin’s team on Monday published their latest update on the space and the torrid pace with which these vehicles are coming to market. And… Source link
Read More »This closely watched stock market indicator nears a sell signal – Yahoo Finance
TipRanks Billionaire Steven Cohen Picks Up These 3 “Strong Buy” Stocks Last week, the NASDAQ slipped below 13,200, making the net loss from its all-time peak, reached earlier this month, 6.4%. If this trend keeps up, the index will slip into correction territory, a loss of 10% from its peak. So what exactly is going on? At bottom, it’s mixed signals. The COVID-19 pandemic is starting to fade and the economy is starting to reopen – strong positives that should boost markets. But an… Source link
Read More »Bank of America Issues Warning About Potential Stock Market Bubble
Bloomberg Dangers of Big Oil Spending Cuts Are Visible in Angola’s Slump (Bloomberg) — The decline of Angola, from being Africa’s top crude producer five years ago to barely pumping more than war-torn Libya today, shows the heavy toll of a slump in oil-industry investment.The nation’s production has fallen by more than a third since 2015, when international oil companies started slashing investment in response to a plunge in crude prices. Despite government efforts to stimulate… Source link
Read More »Warren Buffett’s favorite stock market indicator still screams sell
TipRanks 2 ‘Strong Buy’ Stocks With 7% Dividend Yield You can get whiplash, trying to follow the market fluctuations these days. Volatility rules for now, as investors are pulling out of Big Tech – a move that is pushing the general markets down. The bearish sentiment comes as new COVID case numbers are falling, along with the weekly unemployment claims. Both are positive news bites for the economy, and will help to justify increased economic opening. At the same time, a Congressional… Source link
Read More »Russia’s antimonopoly watchdog suspects Yandex of market discrimination
11:07 25/02/2021 MOSCOW, February 25 (RAPSI) – Russia’s Federal Antimonopoly Service (FAS) has issued a warning to Yandex company over creation of discriminatory conditions in the search engine, according to the watchdog’s statement. The company’s actions also contain the signs of abuse of market power, the FAS states. According to the FAS press office, Yandex provides marketing priority in the engine to its services that leads to discrimination. The regulator has ordered Yandex to… Source link
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