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 »Wall Street forecasts just keep going up: Morning Brief
TipRanks 3 “Strong Buy” Stocks That Could Reach New Highs The markets have been on a tear of late despite the headwinds presented by the novel coronavirus pandemic. The question is how long this will last?Writing from Goldman Sachs, the firm’s chief US equity strategist David Kostin says that the markets will outperform both other investments and analyst expectations over the next two years. He sees the S&P 500 hitting 4,600 by the end of 2022, which would represent a 25% gain.Backing… 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
Read More »A word of caution: 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
Read More »Consumer confidence dropping as Black Friday arrives: Morning Brief
Friday, November 27, 2020 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Expectations are high for the holiday shopping season. Will consumers disappoint? It is Black Friday in America. This most American of all holidays — a celebration of profligate consumer spending — marks the official start of the holiday shopping season for most retailers. And expectations in this year like no other are high. Back in October, the Morning Brief covered… Source link
Read More »Earnings would’ve been up in Q3 if it weren’t for three industries: Morning Brief
Tuesday, November 24, 2020 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Aggregate earnings don’t tell the whole story. Third quarter earnings season is wrapping up. Through Friday, earnings per share for S&P 500 companies was down 6.3% over last year, the fourth-biggest quarterly drop since 2009, according to data from FactSet. This will also mark the sixth time in the last seven quarters that year-over-year earnings fell, with tax cuts in… Source link
Read More »The counterintuitive truth about stock market valuations: Morning Brief
Monday, November 23, 2020 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Market valuations aren’t mean reverting Stock market valuations can make investors nervous when elevated above long-term averages. And valuations are very much elevated right now. “The forward 12-month [price/earnings] ratio for the S&P 500 is 21.7,” Factset’s John Butters observed on Friday. “This P/E ratio is above the 5-year average (17.4) and above the 10-year… Source link
Read More »The housing market is still on fire: Morning Brief
TipRanks Billionaire Ken Griffin Bets on These 3 “Strong Buy” Stocks Stocks have turned up since the end of October, buoyed by an election that may offer stability and by news that effective vaccines for the novel coronavirus are closer than we had dared to think. The quick market shifts are enough to make investors dizzy – or at least, to get them looking to the experts to make sense of the financial landscape.In times like these, the legends can offer some guidance. We are referring to… Source link
Read More »The world’s largest retailer believes shopping has changed forever: Morning Brief – Yahoo Finance
TipRanks Analysts Say These 3 Stocks Are Their Top Picks for 2021 The year is winding down, and it’s time for Wall Street’s analysts to start flagging their top picks for the coming year. It’s a time-honored tradition, in most walks of life, to take a sometimes tongue-in-cheek look at what lies ahead, and to start giving advice on the say-so of a metaphorical crystal ball.Analysts have been analyzing each stock carefully, looking at its past and current performance, its trends on a… Source link
Read More »How the stock market schooled everyone in 2020: Morning Brief
TipRanks Bank of America: 3 Strong Value Stocks to Buy Now The prospect of a COVID-19 vaccine hitting the market in coming months – rather than years – and chance it offers to control the novel virus, has investors in a mood to buy, and fueled the market gains. The S&P 500 is up more than 10% so far in November. So which stocks should you be looking at now?Bank of America analysts have tagged three tech-oriented stocks as likely gainers. All three fit a profile: they boast a Strong Buy… Source link
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