Tag Archives: Stocks

With 2020 winding down, there’s a growing belief that 2021 is going to be a growth year for the stock markets. The US elections have returned a divided government, one unlikely to have the broad majorities – or the broad support – needed to enact wide-ranging reform legislation from either the right or left, and that bodes well for the economy generally. The COVID vaccines are entering distribution, and while new anti-virus lockdowns are also getting set in place, there’s a feeling… Source link

TipRanks These 2 Penny Stocks Are Poised for a Massive Rally, Say Analysts The conventional wisdom is that we’re on the cusp of another major stock market rally. 2020 has been a volatile year, with the unprecedented ‘coronavirus recession’ in February and March, followed by a bull run through the summer and fall, with increased volatility in late autumn, as investors tried to make sense of the elections and the ‘second wave’ of the virus.But that’s all in the past. The election is… Source link

Stocks were mixed Tuesday as investors weighed ongoing virus concerns against lawmakers’ approval of a long-awaited virus relief package, offering funds to help support many of the individuals and businesses hardest-hit by the coronavirus pandemic. The Dow fell more than 200 points, or 0.7%, and the S&P 500 also ticked lower. The Nasdaq rose 0.5% to a record closing high. A day earlier, the Dow had shed more than 400 points, or 1.4%, before recovering losses to end slightly higher during a… Source link

Stocks fell sharply Monday, tracking declines in European and Asian equities as concerns mounted over a new infectious strain of the coronavirus identified in the UK. The Dow shed more than 200 points, or 0.8%, while the S&P 500 dropped about 1% around market open. Stocks poised to benefit from an economic reopening – including airlines, cruise lines and lodging firms – fell Monday morning, unwinding some of the gains made over the past month amid rising vaccine optimism. The CBOE… Source link

Watch: Pound and FTSE 100 fall sharply as markets react to Europe’s UK travel bans UK stocks and the pound sold off sharply on Monday morning, as investors reacted to fresh pandemic restrictions in Britain and news that much of Europe had shut its borders to the UK. Billions were wiped off the FTSE 100 on Monday morning after a new more infectious strain of COVID-19 sparked panic among investors. Stock markets fell sharply around the globe amid fears that the strain could spread… Source link

5G is here. The new networks are online and expanding, and customers – individual consumers, institutional users, and industrial applications – are starting to take advantage of the new technology. The advantages of 5G are already well-known: faster connections, more efficient upload and download capability, lower latency, greater security. 5G tech is essential for developing the full potential of autonomous vehicles and IoT projects. How it will impact ordinary life remains to be… Source link

TipRanks 3 Stocks Flashing Signs of Strong Insider Buying Sometimes, following a leader makes the best investment strategy. And corporate insiders have long been popular leaders to follow. Their combination of responsibility to their stockholders and access to ‘under the hood’ information on their companies gives their personal investment choices an air of authority.The most important thing about these insiders is that whatever else they do, they are expected to shepherd their companies to… Source link

Benzinga Watch Out, Elon Musk. These EV Startups Are Trying To Take On Tesla With a $145.9 billion fortune at press time Elon Musk, the founder of the electric car manufacturer Tesla Inc (NASDAQ: TSLA), has added more than $100 billion to his net worth since January 2020. Tesla’s shares have been going up, beating every analyst’s expectations and common sense, while its market capitalization reached $600 billion on Dec. 7. The company is aiming to sell 500,000 battery-powered vehicles by the… Source link

In 2021 two stocks could break out big (details and ticker symbols below). The first is owned by the – soon to be – richest man on the planet. And the second is just getting started. This topsy-turvy year is finally looking — for investors — to end on a high note. While 2020 has been a true rollercoaster ride, starting on a dizzying high before rapidly sinking into the abyss… So, while the Covid-19 pandemic annihilated the global financial markets; wiped out three years of gains in a… Source link

Per the usual, it has been a year of twists and turns for the tech sector. Companies such as Zoom (Yahoo Finance Company of the Year) and Slack (which will soon be part of Salesforce) have become household names and vital communication tools with people stuck inside during the COVID-19 pandemic. Demand for notebook computers has gone through the roof with employees working from home, benefiting companies like Dell and HP. The shift to the cloud has only accelerated this year in large part… Source link