Stock futures opened slightly higher Monday evening, steadying after steep regular-session losses in the S&P 500 and Nasdaq. During the regular session, the S&P 500 fell for a fifth straight day for its longest losing streak since February 2020, and the Nasdaq posted its worst day in a month as investors rotated away from growth and tech stocks. Shares of airlines, cruise lines, lodging companies and other service-based beneficiaries of a post-pandemic economic reopening rallied strongly,… Source link
Read More »Stock futures fall as tech shares drop
TipRanks Billionaire Ray Dalio Places Bet on 3 “Strong Buy” Stocks When billionaire financier Ray Dalio makes a move, Wall Street pays attention. Dalio, who got his start working on the floor of the New York Stock Exchange trading commodity futures, founded the world’s largest hedge fund, Bridgewater Associates, in 1975. With the firm managing about $140 billion in global investments and Dalio’s own net worth coming at $17 billion, he has earned legendary status on Wall Street. Summing… Source link
Read More »Bank of America Issues Warning About Potential Stock Market Bubble
TipRanks Billionaire Ray Dalio Places Bet on 3 “Strong Buy” Stocks When billionaire financier Ray Dalio makes a move, Wall Street pays attention. Dalio, who got his start working on the floor of the New York Stock Exchange trading commodity futures, founded the world’s largest hedge fund, Bridgewater Associates, in 1975. With the firm managing about $140 billion in global investments and Dalio’s own net worth coming at $17 billion, he has earned legendary status on Wall Street. Summing… Source link
Read More »Stock futures tick up to recover some losses
TipRanks 2 “Strong Buy” Penny Stocks That Could Rally Over 100% Bank of America has a strong reputation for keeping finger on the pulse of the financial world – and one of its key tools is the Global Fund Manager Survey, conducted monthly and seeking opinions from more than 200 hedge fund, mutual fund, and pension fund managers who hold a combined $645 billion in AUM. It’s the largest regularly conducted survey of its kind. And BofA most recent findings show that Big Money is feeling… Source link
Read More »Stock futures point to a slightly lower open
TipRanks JP Morgan Says These 3 Gold Stocks Could Surge 40% (Or More) Let’s talk about gold. The precious metal is the traditional safe haven investment, backed by its use – starting 5,000 years ago – as a reliable store of value. Investors looking to protect their portfolio and secure their wealth traditionally bought heavily into gold, and the price of gold has sometimes been used as a proxy (albeit an inverse one) for general economic health. In a recent report, investment firm JP… Source link
Read More »Biden’s $2 Trillion Green Plan Could Send This Stock Soaring
Over 85 years ago, America undertook one of the most ambitious projects in our nation’s history, and it helped launch the creation of $30 trillion in ESG assets. At the time, they planned to build a dam to help deal with massive flooding issues… But this ended up providing green electricity to millions of people across 3 states in the process. And today, Biden could be set to take a page from this American success story, creating the next crown jewel of American infrastructure. It could… Source link
Read More »Stock futures open flat, hovering near records
TipRanks 2 “Strong Buy” Dividend Stocks Yielding at Least 7% A number of factors are coming together in the market picture, and indicate a possible change in conditions in the mid-term. These include increases in commodity prices, specifically, oil prices, which have rallied recently. In addition, the January jobs numbers, released earlier this month, were disappointing at best – and grim, at worst. They, do, however, increase the chance that President Biden and the Democratic Congress… Source link
Read More »The stock market is a fascinating place right now: Morning Brief
TipRanks These 2 Penny Stocks Could Rack up Triple-Digit Gains, Say Analysts Is a pause to the stock market’s continued surge finally in the cards? The talk has turned to rising interest rates and the specter of inflation against the backdrop of growth powered by Covid fiscal stimulus. However, strategists say there’s no need to get alarmist just yet. According to Goldman Sachs equity strategist, Ryan Hammond, the stock market bull may stick with us for a while. Hammond notes that interest… Source link
Read More »Stock futures open higher, shaking off two-day decline
TipRanks 2 “Strong Buy” Cannabis Stocks Showing Monster Growth Investors have been fixated on growth companies over the past year, and one segment which has been on the rise is the fledgling cannabis industry. The sector offers a unique proposition and the prospect of further growth, as there is still a major catalyst on the horizon which will completely alter the industry. As expected, a Democrat led senate has been good news for those banking on marijuana reform at the federal level; And… Source link
Read More »Is Google’s Stock Out Of Steam In Near Term?
A view of Google logo on a Google building GRCQ1 in Dublin’s Grand Canal area. On Friday, 29 … [+] January, 2021, in Dublin, Ireland. (Photo by Artur Widak/NurPhoto via Getty Images) NurPhoto via Getty Images [Updated 02/08/2021] Google Update Having grown 57% since the end of 2019, Alphabet’s stock (NASDAQ: GOOGL) still has moderate upside in the near term. GOOG’s stock grew from $1337 at the end of 2019 to around $2098 now, compared to the S&P 500… Source link
Read More »