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
Read More »Why Apple entering the EV market is ‘a good thing’
TipRanks J.P. Morgan: 2 Cruise Line Stocks to Bet on (And 1 to Avoid) The coronavirus pandemic crisis shows no signs of abating, even with a vaccine coming on to the markets. We’re still facing severe social lockdown policies, with a number of states (such as California, Minnesota, and Michigan) forcing even harsher restrictions on this round than previously.It’s a heavy blow for the leisure industry that is still reeling from one of the most difficult years in memory. The difficulties… Source link
Read More »Market Coverage: Wednesday December 23rd Yahoo Finance – Yahoo Finance
[unable to retrieve full-text content]Market Coverage: Wednesday December 23rd Yahoo Finance Yahoo Finance Source link
Read More »Fed Decision Could Bring Bank Stocks Into Bull Market
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
Read More »Google, Facebook made secret deal to divvy up market, Texas alleges
Such allegations provide some of the strongest ammunition yet to advocates who argue that the U.S. major tech companies have gotten too big and are using their power — sometimes in conjunction with each other — to control markets. Many of the details about the Google-Facebook agreement, including its specific language, are redacted from the complaint. But the states say it “fixes prices and allocates markets between Google and Facebook as competing bidders in the auctions for… Source link
Read More »Market Coverage: Wednesday December 16th Yahoo Finance – Yahoo Finance
[unable to retrieve full-text content]Market Coverage: Wednesday December 16th Yahoo Finance Yahoo Finance Source link
Read More »The stock market flashes a major new sell signal: BofA survey
TipRanks J.P. Morgan: 2 Stocks to Buy (And 1 to Avoid) Marko Kolanovic, the well-known quant strategist with JPMorgan, sees a positive feedback loop forming that will drive the markets higher next year. Kolanovic believes that a decline in volatility and favorable monetary policies will combine to make stocks the go-to investment for 2021, fueling further market gains. Officially, JPM is forecasting a 25% gain in the S&P 500 over the next 12 months.With investors gravitating toward stocks,… Source link
Read More »Market Coverage: Tuesday December 15th Yahoo Finance – Yahoo Finance
[unable to retrieve full-text content]Market Coverage: Tuesday December 15th Yahoo Finance Yahoo Finance Source link
Read More »What happens after the stock market crashes and booms: Morning Brief
Thursday, December 11, 2020 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe History says stocks can keep going up The stock market’s 2020 plunge and rebound to new record highs has been truly impressive. But it’s also been far from unprecedented. And as investors look ahead to next year, they should keep in mind that further gains would not be unprecedented either. Even with stocks trading near record highs. In a new 2021 market outlook,… Source link
Read More »The market faces upside risks in 2021: Morning Brief
TipRanks Billionaire Ray Dalio Picks Up These 3 “Strong Buy” Stocks Sometimes, the experts will tell us what we already know. Ray Dalio, the founder of Bridgewater Associates, has built a legendary reputation in financial circles, for taking his firm from a home business in his two-bedroom apartment to the international hedge fund giant, employing over 1,500 people and managing more than $138 billion in total assets. But when questioned on how he did it, or how today’s investors can… Source link
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