Tag Archives: Morning

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, November 30, 2021 Investors are less spooked by the virus than officials’ reaction to it Out of nowhere last week, the Omicron variant of COVID-19 appeared out of nowhere to sow fear, confusion — and lots of red ink on Wall Street.  As the World Health Organization’s director general so eloquently phrased it, the mutation’s big… Source link

Yandex NV (YNDX) is higher by Monday morning, with the stock rising 3.11% in pre-market trading to 72.63. YNDX’s short-term technical score of 58 indicates that the stock has traded more bullishly over the last month than 58% of stocks on the market. In the Internet Content & Information industry, which ranks 135 out of 146 industries, Yandex NV ranks higher than 84% of stocks. Yandex NV has fallen 14.97% over the past month, closing at… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, November 29, 2021 I am not a doctor. I will venture to say that most of you reading this aren’t doctors, either.  So all we could collectively do after Friday’s market beatdown is assess incoming information on the Omicron variant to the best of our ability and go from there.  Here’s the current state of play in this fast-changing… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, November 22, 2021 Putting money to work in cryptocurrencies remains far from a normal investing exercise, which is something people with grand visions (note this number of people is growing as cryptos reach the mainstream) of getting rich off of dogecoin (DOGE-USD) or Shibu Inu (SHIB-USD) in under 12 hours need to be reminded of… Source link

Yandex NV (YNDX) has fallen Monday morning, with the stock losing -1.88% in pre-market trading to 79.53. YNDX’s short-term technical score of 54 indicates that the stock has traded more bullishly over the last month than 54% of stocks on the market. In the Internet Content & Information industry, which ranks 130 out of 146 industries, YNDX ranks higher than 82% of stocks. Yandex NV has risen 7.07% over the past month, closing at $77.05 on… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, November 18, 2021 A link between fatter paychecks, bargain hunting and plastic  It’s common knowledge that inflation is eating away at consumers’ ability to spend, as the most basic necessities like groceries and energy extend a relentless spike. Less understood, however, is exactly why consumers keep opening their wallets as prices… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, November 17, 2021 Resilient demand, spending mean persistent inflation First, with the accumulation of so many dour headlines about the economy, credit should be given where it’s due. Tuesday’s news cycle saw Walmart (WMT) torch Wall Street’s third quarter earnings estimates as penny-counting shoppers flocked to the discount retail… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, November 15, 2021 Full disclosure: I have never bought a turkey for Thanksgiving before.  Hang with me here because it’s not as weird as it sounds.  For the past 15 years I haven’t really had any Thanksgivings (don’t pity me, I bring this stuff on myself). Most of the time I was out in stores on Thanksgiving day either channel-checking… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, November 12, 2021 Higher yields, higher dollar As I promised several days ago, today is the day I dig into the idea of interest rate differentials. The inflation-driven concept is accretive for both the U.S. dollar and stock investors — even if soaring prices are a net negative for just about everyone else. In summary, prices are surging,… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, November 11, 2021 Forget a ‘taper tantrum’ — ‘inflation indignation’ is here After Thursday’s bad news that consumer prices in October ran hotter — at over 6%, the hottest they’ve been since the first Bush administration, to be exact — than Wall Street expected, most of the emphasis has been on the reaction in stock markets,… Source link