Tag Archives: Stocks

Stocks were mixed Wednesday, with each of the three major indexes trading close to the flat line as investors digested an onslaught of corporate earnings results and looked ahead to a monetary policy decision from the Federal Reserve.  The S&P 500 ticked higher, after the index ended just short of a record high during the regular trading day on Tuesday. Shares of Alphabet (GOOGL) gained after the company posted first-quarter sales and profit that easily exceeded estimates, fueled by a… Source link

President Biden is wrapping up a historic first 100 days as president of the United States. With the Dow up 3375 points, or 11%, it would be the second best 100 days’ performance in 100 years — handily beating the median Dow return of 2% and the average of 5%. Only former President Franklin D. Roosevelt’s sky-high return of 75% in the 1930s fared better. “Love him or hate him, stocks have voted and they love him… Considering stocks also had their best rally ever from Election Day until… Source link

Warren Buffett has a storied history with airline stocks, once quipping, “I am Warren and I am an aeroholic.” But the spectacular returns for the industry over the last year are casting a dark cloud on Berkshire Hathaway’s decision to dump all of its airline holdings in May 2020 as prices were bottoming. Berkshire loaded up on stock of the four major U.S. carriers in 2016. At the 2020 Berkshire annual shareholders meeting, Buffett said he’d spent $7 billion to $8 billion amassing stakes in… Source link

Stocks were mixed Tuesday morning, with investors awaiting more corporate earnings results from major companies and a Federal Reserve monetary policy decision on Wednesday.  The S&P 500 ticked up, extending gains after the blue-chip index rose to an all-time high during Monday’s regular trading day. The Dow slipped, while the Nasdaq gained. Shares of Tesla (TSLA) fell after the company’s first-quarter sales results missed estimates, though earnings and automobile gross margins exceeded… Source link

TipRanks 3 “Strong Buy” Stocks Under $10 That Are Poised to Take Off COVID is receding, and markets are rising; those are the two trends that investors have most on their minds right now. It’s entirely sensible that they’ll go together. As the economy reopens, money will begin to circulate faster – and find its way in the equity market. With economic conditions improving, investors are on the lookout for the best returns in an expansionary environment. One natural place for them to… Source link

COVID is receding, and markets are rising; those are the two trends that investors have most on their minds right now. It’s entirely sensible that they’ll go together. As the economy reopens, money will begin to circulate faster – and find its way in the equity market. With economic conditions improving, investors are on the lookout for the best returns in an expansionary environment. One natural place for them to look: the small-caps market. While big names get the headlines, the… Source link

Consumer spending has long been the engine of the US economy, which is what made the social lockdown policies put in place against COVID so devastating. By forcing the public to stay home, the policies effectively shut down the main source of economic activity. Fortunately, we are now on an upswing; COVID is on the wane, most of the restrictions have been, or are being, lifted, and economic activity starting to buzz again. A flood of cash, from stimulus checks, tax credits, and accumulated… Source link

  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 Wednesday, April 21, 2021 YOLO trades might be fading, but retail is still around.  The stars of the show in financial markets during the first quarter of 2021 were retail traders.  Retail fueled meme trades, made Roaring Kitty a star, and flummoxed market professionals who insisted this participation would not last. Even though less than two… Source link

Stocks fell Tuesday, with the three major indexes looking for dip for a second straight session.  The Dow and S&P 500 each opened further below their recent all-time highs. Cyclical travel and leisure stocks including airlines and cruise lines slid, while Big Tech stocks were little changed as the benchmark 10-year Treasury yield edged lower.  “It’s really been an amazing tug-of-war between growth and value, cyclicals and defensives. Tech has outperformed phenomenally well over the last… Source link

Stocks fell Monday, with the S&P 500 and Dow retreating from record levels.  The Dow dropped about 130 points, or 0.4%, after the index rallied to an all-time high of more than 34,000 last week. The S&P 500 also dipped below the index’s record high, and the Nasdaq edged lower. The 10-year Treasury yield rose to top 1.6%. Bitcoin (BTC-USD) prices added more than 3% Monday morning in New York, recovering some losses after plunging swiftly over the weekend. Bitcoin sank as much as 15% on Sunday,… Source link