Tag Archives: stimulus

Stocks rose Tuesday as more updates on the stimulus front out of Washington helped at least temporarily offset concerns over the potential for more virus-related restrictions. The S&P 500 increased by about 0.7% around noon in New York, after the index logged a fourth straight session of declines a day earlier. The Dow rose more than 150 points, or 0.6%, and the Nasdaq increased 0.5%. COVID-19 cases and hospitalizations continued to march higher across the U.S., and the country crossed the… Source link

Stocks were mixed on Monday as investors eyed the roll-out of the first coronavirus vaccines in the U.S. and hoped that lawmakers in Washington would end a months-long deadlock and move toward advancing a stimulus bill. The Dow turned slightly negative Monday afternoon after hitting a record intraday higher earlier in the session. The S&P 500 ticked higher, and the Nasdaq outperformed and rose about 0.9% to close in on its own record high. The three major indices looked set to shake off last… Source link

While Congress remains gridlocked on the next relief deal, Americans know what they want: A second round of stimulus checks, please. Liability protections and student loan forbearance can wait. Two in three Americans said stimulus checks were the most important provision of the next relief deal, according to the latest Yahoo Finance-Harris Poll of 2,027 people, while fewer than 1 in 4 (23%) support the liability protection for businesses and only 1 in 5 back student loan payment… Source link

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

TipRanks 3 ‘Strong Buy’ Stocks with Over 7% Dividend Yield It’s been up, up, and away for the markets since the end of September. Both the NASDAQ and S&P 500 are trading within 3% of their recent record high levels, after counting for daily fluctuations. It’s a clear sign of a bullish mood among investors.And that bullish mood is finding fertile soil among Wall Street’s stock analysts, who are not hesitant to make buy-side calls. There are some indications that the analysts are… Source link

TipRanks 2 Stocks That Are Flirting With a Bottom; Analysts Say ‘Buy’ Investing is all about profits, and part of generating profits is knowing when to start the game. The old adage says to buy low and sell high, and while it’s tempting just to discount cliches like that, they’ve passed into common currency because they embody a fundamental truth. Buying low is always a good start in building a portfolio.The trick, however, is recognizing the right stocks to buy low. Prices fall for a… Source link

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

TipRanks 3 U.S. Cannabis Stocks Gearing up for Growth; Cantor Says ‘Buy’ At the end of 2018, Canada fully legalized cannabis, nationwide, for both medical and recreational use. With the incoming Biden Administration, the US is expected to follow suit with Federal-level legalization, or at least formal decriminalization, sometime in the next four years. An exact timetable is impossible to predict; much will depend on the partisan makeup of Congress after the Georgia Senate runoff vote in… Source link

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

TipRanks J.P. Morgan: 2 Stocks to Consider Buying (and 1 to Stay Away From) In a report on current market conditions – and the strategic view going forward – JPMorgan’s Marko Kolanovic sees plenty of reasons for optimism. Kolanovic sees that risk has eased in the last few weeks, and taking the usual daily fluctuations into account, markets are likely to see a sustained rally.The biggest news, in Kolanovic’s view, are the positive reports about the rapid development and imminent… Source link