Tag Archives: Stocks

(Bloomberg) — U.S. stocks pared losses as Treasuries stabilized after a recent spike in yields spurred speculation about excessive optimism among equity investors. The S&P 500 came off session lows as gains in commodity producers and banks offset a slide in technology companies. Giants Apple Inc., Microsoft Corp. and Tesla Inc. dragged down the Nasdaq 100, while the Russell 2000 of small caps underperformed. The Dow Jones Industrial Average fluctuated. Bullishness among Wall Street… Source link

TipRanks Billionaire Steven Cohen Picks Up These 3 “Strong Buy” Stocks Last week, the NASDAQ slipped below 13,200, making the net loss from its all-time peak, reached earlier this month, 6.4%. If this trend keeps up, the index will slip into correction territory, a loss of 10% from its peak. So what exactly is going on? At bottom, it’s mixed signals. The COVID-19 pandemic is starting to fade and the economy is starting to reopen – strong positives that should boost markets. But an… Source link

TipRanks Billionaire Steven Cohen Picks Up These 3 “Strong Buy” Stocks Last week, the NASDAQ slipped below 13,200, making the net loss from its all-time peak, reached earlier this month, 6.4%. If this trend keeps up, the index will slip into correction territory, a loss of 10% from its peak. So what exactly is going on? At bottom, it’s mixed signals. The COVID-19 pandemic is starting to fade and the economy is starting to reopen – strong positives that should boost markets. But an… Source link

Last week, the NASDAQ slipped below 13,200, making the net loss from its all-time peak, reached earlier this month, 6.4%. If this trend keeps up, the index will slip into correction territory, a loss of 10% from its peak. So what exactly is going on? At bottom, it’s mixed signals. The COVID-19 pandemic is starting to fade and the economy is starting to reopen – strong positives that should boost markets. But an economic restart brings with it inflationary pressures: more people working… Source link

In this article, we examined Big Short’s Michael Burry bets on 11 stocks amid his warning over the stock market collapse ahead. Click to skip ahead and see Michael Burry’s Top 5 Stock Picks. Scion Asset Management chief Michael Burry, who is famous for his billion-dollar bet on the US housing crash in 2008, warned investors of the potential stock market crash ahead. The Big Short claims that the speculative market environment and trader’s strategy of using borrowed money for betting on stocks… Source link

TipRanks Billionaire Ken Griffin Pulls the Trigger on These 2 Penny Stocks Risk and reward are the yin and yang of stock trading, the two opposite but essential ingredients in every market success. And there are no stocks that better embody both sides – the risk factors and the reward potentials – than penny stocks. These equities, priced below $5 per share, typically offer high upside potentials. Even a small gain in share price – just a few cents – quickly translates into a high… Source link

Bloomberg Buffett’s Letter to Break Months of Silence Amid Tumult in U.S. (Bloomberg) — While 2020 raged, Warren Buffett mostly held his tongue.He stayed quiet through a heated presidential election, a racial reckoning that sparked nationwide protests and an exuberance for stocks that’s gripped millions of Americans. Not to mention a global pandemic. Now, the billionaire chief executive officer of Berkshire Hathaway Inc. has a chance to break his silence with the release of his annual… Source link

Is the bull market about to take a long breather? Not according to Goldman Sachs. In fact, the firm believes the bull market has a long way to run yet; Chief global equity strategist Peter Oppenheimer recently noted that the market was moving from a “’Hope’ phase to a longer ‘Growth’ phase.” The firm’s economists are expecting the economy to sprout higher by 6.8% in 2021 and believe that by the end of the year the unemployment rate could drop to 4.1%. And there’s enough… Source link

TipRanks Deutsche Bank Is Getting Bullish About Airlines; Offers 3 Stocks to Buy The COVID pandemic crisis hit the economy like a sledgehammer – or to be more precise, the government responses of shutdowns and lockdowns hit the economy – but the crisis is fading now. Daily new cases of coronavirus disease have fallen by two-thirds, serious cases have fallen even faster, and the vaccination program is starting to accelerate. There are fits and starts in the process, as in any large and… Source link

(Bloomberg) — U.S. equity futures slid with European stocks on Tuesday as the jump in bond yields and commodity prices continued to hammer technology shares. Nasdaq futures slumped 1.7% a day after the tech-heavy gauge posted its longest losing streak in four months. Tesla Inc. dropped 5% in pre-market trading as investors continued to punish stocks that have led the rally from the depths of the pandemic a year ago. In Europe, tech shares dragged the Stoxx 600 Index lower. Budding inflation… Source link