We’re halfway through the year, and while the markets have been volatile, investors are having a good time so far. The S&P 500 has gained 11% year-to-date, and the tech-heavy NASDAQ has gained 9%. With the Fed keeping interest rates at historic lows, stocks are offering better rates of return – and they are keeping ahead of inflation, as well. But while the overall markets are up, individual stock performance can and will vary. Which means that in the midst of a general rising trend,… Source link
Read More »3 ‘Strong Buy’ Stocks That Are Heavily Shorted
Shorting stocks can bring an investor serious profits – but there’s commensurate risk, as well. Basically, the short trader is betting that a stock will fall in price; it’s the opposite of most stock trading, in which the investor wants the shares to gain. Gaining, of course, is the risk in a short trade. There’s no ceiling on a stock’s potential gains, and in theory, a particular stock can see its price increase infinitely. But in a short sell, the trader has made the initial… Source link
Read More »WWE sees strong ticket sales as it gets back to live touring: CBO Stephanie McMahon
World Wrestling Entertainment (WWE) is readying to tag in loyal fans back into the viewing experience when it returns to live touring in mid-July. And it looks like they are more than willing to accept that tag. “Ticket sales are looking great,” WWE Chief Brand Officer Stephanie McMahon told Yahoo Finance Live. WWE said it will begin a 25-city tour in Texas on July 16. It will mark WWE’s return to live touring — which includes fans in the stadiums — since the COVID-19 pandemic began in… Source link
Read More »U.S. retail sales take step back as spending pivots to services, trend remains strong
By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales dropped more than expected in May, with spending rotating back to services from goods as vaccinations allow Americans to travel and engage in other activities that had been restricted by the COVID-19 pandemic. Despite last month’s decline reported by the Commerce Department on Tuesday, the trend in retail sales remains strong. Sales in April were revised sharply up and are well above their pre-pandemic level, keeping intact… Source link
Read More »Stock futures trade flat after strong inflation data
Stock futures traded little changed Thursday evening as investors looked beyond a hotter-than-expected report on inflation. Contracts on the S&P 500 hugged the flat line after the index set a new record high during the regular trading day. During the trading day, the health care, real estate and information technology sectors outperformed, while the cyclical financials and industrials sectors lagged. The 10-year yield erased earlier gains to come back below 1.5%. The Bureau of Labor… Source link
Read More »2 ‘Strong Buy’ Stocks Showing Monster Growth
Inflation may be rising, but for now, at least, investors don’t seem to mind. Both the NASDAQ and the S&P 500 are holding just below their all-time high levels, reflecting a wide-spread feeling that, with interest rates low, stocks will provide the strongest returns for the near future. And stocks have been delivering. The S&P is up 13% year-to-date, and the NASDAQ, despite greater volatility and some weakness in the big tech companies, is up 7%. These gains come even as inflation is… Source link
Read More »Analyzing MLB pitchers’ strong and slow starts
Entering Week 8 of the MLB season, let’s use CSW (my favorite quick and dirty stat) to identify pitchers whose strong (or slow) starts appear real (or not). I used 250 pitches thrown as the qualifying threshold. The Good CSW Corbin Burnes, Milwaukee Brewers (No. 1 in CSW) He leads all starters by a significant margin, as if you needed further proof his ridiculous start was real. He finally walked his first batter of the season during his return from the IL last week, but a 58:1 K:BB line will… Source link
Read More »Y.A.H.O.O. going strong at age 20 – The Landmark
Danielle Ray | Special to The Landmark STERLING — Young Adults Helping Out Others, otherwise known as Y.A.H.O.O., celebrates 20 years of helping senior community members this month. Kevin Beaupre and his late wife, Lisa, started Y.A.H.O.O in April 2001 after being inspired by their son with the mission to help seniors in Sterling with yard work in the spring and fall. Two decades later, the organization is still thriving and has helped hundreds of seniors. Adult mentors Karen and Stuart… Source link
Read More »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 look: the small-caps market. While big names get the headlines, the… Source link
Read More »S&P 500, Dow set fresh record highs amid strong earnings, economic data
Bloomberg As Sanjeev Gupta Rose From Trader to Tycoon, Several Banks Backed Away (Bloomberg) — British industrialist Sanjeev Gupta’s companies seemed to be prospering until his main lender, Greensill Capital, imploded last month. But long before Greensill collapsed, several banks had cut off the commodity trading business of Gupta’s Liberty House Group.Four banks stopped working with Gupta’s commodity trading business, starting in 2016, after they became concerned about what they… Source link
Read More »