Tag Archives: Streets

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 8, 2022 Today’s newsletter is by Myles Udland, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. One of the biggest bulls on Wall Street has finally pared back their optimism for the rest of this year. In a note to clients published Thursday, Oppenheimer Asset Management Chief Investment… 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 Thursday, January 6, 2021 Rate hikes no longer theoretical, but ‘front and center’  On Wall Street, there’s an old saying that refers to the market’s reaction to Federal Reserve policy that may be negative for stocks, and implies that investors are having the time of their lives. “Snatching the punch bowl away from the party,” an old… Source link

A version of this post was originally published on TKer.co. Wall Street’s top stock market strategists are telling clients where they see the stock market heading in the year ahead. Some high-level themes I’m seeing in their reports: Stocks are likely to rise, but gains will be limited because valuations are high. Earnings growth should be strong, fueled by consumer spending and capital expenditures. Risks include supply chains issues persisting, labor shortages continuing, and monetary… Source link

Yandex NV, the Dutch-domiciled Russian multinational internet company, often dubbed as the Google of Russia, had launched an e-scooter rental service in Moscow on Wednesday in a bid to draw fresh liquids amid a ballooning demand-surge across the city, an auspicious eavesdropping on to a new source of revenues. In point of fact, latest Yandex NV move to roll out an e-scooter rental service into Moscow, the Russ capital housing more than 12.5 million people, came forth at a… Source link

TipRanks Goldman Sachs: These 2 Stocks Are Poised to Double (or More) The new week kicked off on a negative note, as all 3 major indexes pulled back from record highs. After applauding recent strong economic data, the worsening global coronavirus situation appeared to have soured investor sentiment. But according to Goldman Sachs chief US equity strategist David Kostin, investors shouldn’t get too worked up. The overall trend remains upward, and Kostin points out that volatility – the… Source link

(Bloomberg) — The bounty hunter of Wall Street has finally met his match. Andrew Left, who’s taken on everything from drug companies to Chinese real estate firms, said his Citron Research will no longer publish short selling research, ending the firm’s two-decade run as one of Wall Street’s best-known contrarians. Citron will instead focus on what may seem like the only logical move in a world of ever-rising equity markets and low interest rates: long bets. “Twenty years ago I started… Source link

Brace for it, tech bulls. Those investors who have been conditioned these past five years to only expect big tech stocks Facebook (FB), Amazon (AMZN) and Google (GOOG, GOOGL) to do one thing — go up, and go up huge — may be in for a wake-up call in coming quarters as the newly emboldened Democratic party looks to drop the regulatory hammer on these powerful giants. “We continue to anticipate that the regulatory overhang for mega-cap internet companies will continue in 2021 and see a… Source link

TipRanks Raymond James: 2 Big 7% Dividend Stocks to Buy Now Watching the markets with an eye to the main chance, Raymond James strategist Tavis McCourt sees both risk and opportunity in current market conditions. The opportunity, in his opinion, stems from the obvious factors: the Democrats won both Georgia Senate seats in the recent runoff vote, giving the incoming Biden Administration majority support in both Houses of Congress – and increasing the odds of meaningful fiscal support getting… 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