Tag Archives: Stocks

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, July 16, 2021 A market in motion tends to stay in motion   It’s already been a strong year for the U.S. stock market.  Through Thursday’s close, the S&P 500 (^GSPC) is up 16.1% year-to-date, while the Dow (^DJI) and Nasdaq (^IXIC) are both up more than 12%.  But index-level gains, of course, don’t tell the full story of what’s happening… Source link

Bitcoin was trading for well over $60,000 in April, after making an astounding run from $11,000 in October. But after a tough first half of May, it’s been at about $33,000 as the crypto buzz died down. The cycles of bitcoin’s (BTC) popularity are a hallmark of the digital asset, so far at least, and despite its novelty, it’s old enough (12 years) for some patterns to have emerged. Though there’s no guarantee that what comes next won’t be different, hedge fund veteran and co-founder of… Source link

A recent study by financial source DailyFX revealed that Apple (AAPL), Tesla (TSLA), and GE (GE) are the most popular stocks for millennials and Generation Z investors. The study collected data from Robinhood and examined investing preferences among millennials and Gen Z across the United States and United Kingdom for the 12 months ending April 2021. DailyFX noted that GameStop (GME) was not included in the study “as that would dominate the end results, skewing them for the search volume… Source link

The meme stock craze has cooled off — at least temporarily. Over the past week, favored equities GameStop (GME) and AMC (AMC) have plummeted, dropping about 10% and 21% respectively.  The decline affirms the fears of observers who had warned that a pullback was likely for shares elevated by what some consider speculative trading.  In a new interview, Franklin Templeton (BEN) CEO Jenny Johnson — whose investment firm manages more than $1.5 trillion in assets — criticized the trading as… Source link

For the retail investor, making sense of the markets and finding the right investment is naturally the key to long-term profits. For many such investors, the strategy of choice is following the insiders. While ‘insiders’ may have a bad sound, suggesting below-board dealing to score dishonest wins, it really means something much simpler, and fundamentally honest. Insiders are corporate officers, in positions of trust with their companies, and their offices give them access to information… Source link

In this article, we discuss the 10 Reddit’s WallStreetBets meme stocks hedge funds are piling into based on the data of over 800 hedge funds tracked by Insider Monkey. If you want to skip our detailed analysis of these stocks, go directly to the 5 Reddit’s WallStreetBets Meme Stocks Hedge Funds are Piling Into. Users on the Reddit forum WallStreetBets, a group with over 10.5 million members, have been one of the most influential forces in the market over the past six months. The forum is home… Source link

Being a successful investor this coming earnings season may be as easy as paying attention to companies with the best potential to expand profit margins amidst the current bout of inflation across spectrums such as raw materials and labor, Goldman Sachs reasons.  The smartest investors in the game appear to already be placing that bet. “Investors have started to reward companies with attractive margin profiles. Our valuation model shows that profit margins are the second most important driver… Source link

U.S. stocks traded mixed on Monday as investors awaited signs of a further rebound in corporate profits with the start of second-quarter earnings season this week. The Dow dropped to pull back from Friday’s record closing high. The S&P 500 also hovered just below an all-time high. The Nasdaq gained to reach a new record intraday high, however, as technology stocks outperformed. The 10-year Treasury yield steadied around 1.35%, recovering after dipping to a five-month low of below 1.3% last… Source link

(Bloomberg) — Asian stocks started the week higher after their U.S. peers chalked fresh records and Treasury yields stabilized after jumping Friday. Shares in Japan outperformed and Hong Kong opened higher. China rose after the central bank cut the amount of cash most banks must hold in reserve to buttress a slowing economic expansion. Australia saw a more modest advance amid a prolonged lockdown in the largest city, Sydney. U.S. contracts fluctuated. The S&P 500 finished last week at… Source link

The buzz lately has been all about growth. Stocks are high, and going higher. The gains we’re seeing now are the current extension of a long-term trend – markets have been rising for several years, and their derailment during last year’s corona crisis appears, in hindsight, to have been blip more than anything else. As President Kennedy said long ago, a rising tide lifts all boats – and right now, a savvy investor can find plenty of boats to jump on. So let’s go find some of those… Source link