Stocks rose Wednesday as investors eyed a wave of better than expected corporate earnings results and considered these alongside expectations for more fiscal support from congressional lawmakers. The Dow added more than 100 points, or 0.4%, shortly after market open, reaching a record intraday high. Each of the Nasdaq and S&P 500 also rose to record levels Wednesday morning. All three major indexes have performed strongly for February to date, as has the small-cap Russell 2000, which reached… Source link
Read More »28% of Americans bought GameStop or other viral stocks in January: Harris Poll-Yahoo Finance survey
TipRanks 3 Big Dividend Stocks Yielding at Least 9%; BTIG Says ‘Buy’ How important are dividends to a stock investor’s profits? Speaking before the Financial Industry Regulatory Authority (FINRA) on October 15, 2007, investing guru John Bogle laid out the case: “Over the past 81 years… reinvested dividend income accounted for approximately 95 percent of the compound long-term return earned by the companies in the S&P 500. These stunning figures would seem to demand that mutual funds… Source link
Read More »Stocks rise to reach record highs; Bitcoin prices spike
Stocks rose on Monday, extending advances after stocks’ best week since November last week. The Dow added more than 100 points, or 0.4%, to a fresh record high, and both the S&P 500 and Nasdaq also reached record intraday levels. Bitcoin prices spiked more than 12% to a record high of more than $43,000 after Tesla disclosed it purchased $1.5 billion of the cryptocurrency and may start allowing customers to use Bitcoin to purchase products. Investor optimism over another round of fiscal… Source link
Read More »Stocks are being weird: Morning Brief
Monday, February 8, 2021 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Companies are smashing expectations, but investors are selling the news “Buy the rumor, sell the news,” is an old saying in the markets. Simply put, you make a trade assuming some future outcome, and when that outcome is confirmed you close out your trade. According to the numbers during this earnings season, it looks like the “rumor” was that companies would smash… Source link
Read More »These 2 Stocks Could Climb at Least 30%
After January’s sell-off, February’s first week of trading saw the stock market firmly back in bull mode. All 3 major indexes closed off the week at or at touching distance from all-time highs, as the market reacted favorably to the latest job data and the Democrats’ decision to move forward with a $1.9 trillion stimulus package. So, where is the market heading next? Investment firm Wells Fargo sees long-term appreciation ahead for the stock markets. Attempting to peer into the future,… Source link
Read More »These Stocks Could Soar As The U.S.-China Electric Vehicle War Heats Up
Electric vehicles were the story of the year throughout 2020, but a battle in the EV industry could bust the market wide open in 2021. While Tesla was the one grabbing headlines in the United States, with over 700% gains in 2020… A Chinese competitor most folks have never heard of was already showing up Elon Musk’s EV juggernaut. Nio, “the Chinese Tesla,” has rolled out over 75,000 electric vehicles to date. And with their ET7 electric car boasting a record range of 621 miles on one… Source link
Read More »Stocks jump to recover some losses, silver prices surge
Stocks rose, recovering some losses after last week’s selloff. The S&P 500 gained nearly 1%, after closing out last week with a 3.3% weekly loss for its worst since October. The information technology and consumer discretionary sectors led advances, while energy and consumer staples lagged. The Nasdaq outperformed as tech shares jumped, and the Dow also rose slightly. Other asset classes performed even more strongly, fueled by a crowd of retail investors piling en masse into names… Source link
Read More »European stocks sink after Fed and Reddit drive Wall Street sell-off
People enter a GameStop store in Alhambra, California on January 27, 2021. Photo: FREDERIC J. BROWN/AFP via Getty Images European stock markets opened lower on Thursday, as a sell-off on Wall Street overnight prompted weakness in equity markets globally. The Dow Jones (^DJI) closed down 2% on Wednesday, its biggest one-day fall since October. The slump came after a downbeat assessment of the economy from the US Federal Reserve and amid a highly unusual battle between retail investors and hedge… Source link
Read More »Investors bailed out of stocks last week: Morning Brief
Wednesday, January 27, 2021 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe As markets hit a record high, investors sell billions in stock. There is… a lot going on in the stock market. GameStop (GME) continued its unlikely surge on Tuesday, with shares gaining 91% during the session as Redditors continue to pressure short sellers and — now, apparently — big hedge funds. Heavily shorted names across the market also rallied on Tuesday,… Source link
Read More »Goldman Sachs warns of a dangerous bubble in these 39 hot stocks
TipRanks 3 Top Dividend Stocks With Growth Opportunity; Goldman Sachs Says ‘Buy’ Investing is all about finding profits, and investors have long seen two main paths toward that goal. Growth stocks, equities that will give a return based mainly on share price appreciation, are one route. The second route lies through dividend stocks. These are stocks that pay out a percentage of profits back to shareholders – a dividend, usually sent out quarterly. The payments vary widely, from less than… Source link
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