Friday, January 29, 2021 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Robinhood becomes the GameStop story’s main character. The tale of GameStop’s (GME) meteoric rise, its chaotic decline, and what happens next with the role of retail traders in the market, are narratives that have dominated the conversation this week. And in the weeks ahead, it is unlikely this story will disappear from the market conversation. But the whole episode has… Source link
Read More »GameStop, AMC saga make it a day for the history books: Morning Brief
Thursday, January 28, 2021 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe A very partial recap of a bizarre day in financial markets. It’s hard to think of a more chaotic set of circumstances than what befell the stock market on Wednesday. The day’s main event was the continuing rally in highly-shorted stocks fueled by attention from Reddit — and by now, almost certainly accompanied by big money investors piling into the strangest trade in… Source link
Read More »Investors bailed out of stocks last week: Morning Brief
Wednesday, January 27, 2021 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe As markets hit a record high, investors sell billions in stock. There is… a lot going on in the stock market. GameStop (GME) continued its unlikely surge on Tuesday, with shares gaining 91% during the session as Redditors continue to pressure short sellers and — now, apparently — big hedge funds. Heavily shorted names across the market also rallied on Tuesday,… Source link
Read More »From GameStop to Blackberry, Here’s why the shorts are getting squeezed: Morning Brief
Tuesday, January 26, 2021 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe A manic Monday to start the week. Looking at the major averages on Monday, you might think it was a fairly placid trading session. The Dow (^DJI) lost just over 0.1%, the S&P 500 (^GSPC) gained a little more than 0.3%, and the Nasdaq (^IXIC) closed up 0.7% to hit a record high. But underneath the surface, one of the wildest trading days we’ve seen in some time broke… Source link
Read More »Earnings are beating expectations by a massive margin: Morning Brief
TipRanks 3 Top Dividend Stocks With Growth Opportunity; Goldman Sachs Says ‘Buy’ Investing is all about finding profits, and investors have long seen two main paths toward that goal. Growth stocks, equities that will give a return based mainly on share price appreciation, are one route. The second route lies through dividend stocks. These are stocks that pay out a percentage of profits back to shareholders – a dividend, usually sent out quarterly. The payments vary widely, from less than… Source link
Read More »The housing market caps off a historic year: Morning Brief
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
Read More »Stocks usually go up: Morning Brief
Thursday, January 21, 2021 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe No matter who is president of the United States. On Wednesday, Joe Biden was sworn in as the 46th president of the United States. Also on Wednesday: all three major U.S. stock market indexes closed at record highs. And as happens before, during, and after any presidential election cycle, investors have recently been bombarded with data about how stocks perform under all… Source link
Read More »Why the stock market could double twice by 2040: Morning Brief
TipRanks These 3 “Strong Buy” Stocks Are Top Picks for 2021, Say Analysts Some traditions are too time-honored to shirk, and on Wall Street, the annual ‘top picks’ are one. Usually made at the very end or very beginning of a year, the Street’s analysts publish reviews on the stocks they believe will show the best performance in coming months – their top picks. The analysts have been analyzing each stock carefully, looking at its past and current performance, its trends on a variety… Source link
Read More »SPACs are a new part of the same market story: Morning Brief
Friday, January 15, 2021 This article first appeared in the Morning Brief, sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe There are mini-bubbles everywhere. The most unique feature of the modern market is how fast everything happens. As we wrote back in November, the 2020 stock market essentially plotted the entire seven-year journey investors endured around the financial crisis in just seven months. And as markets have moved to more quickly and efficiently discount… Source link
Read More »The housing market tells the whole story: Morning Brief
Thursday, January 14, 2021 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Cities and suburbs diverging, housing market edition. On Wednesday morning, we covered the diverging fortunes of cities and suburbs as seen through the lens of national burger chain Shake Shack (SHAK). And then on Wednesday afternoon, the Federal Reserve’s latest Beige Book report offered another way to see the urban/suburban economic divide. And that is through the… Source link
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