Bloomberg ARKK Copycat Is Beating Cathie Wood’s Original by 10-Fold (Bloomberg) — A tiny ETF tracking innovative companies is quietly outpacing one of the most famous investments on Wall Street.The Direxion Moonshot Innovators ETF (MOON) has risen 39% this year, compared to ARK Innovation ETF’s 3.5% gain, according to data compiled by Bloomberg.Cathie Wood’s flagship fund, known by its ticker ARKK, became one of the top-performing exchange-traded funds in the past year thanks to big… Source link
Read More »FOMC preview: How optimistic is too optimistic for the US economy? – Yahoo Finance
The Federal Reserve is running into a unique challenge as it kicks off its second policy-setting meeting of the year: maintaining easy monetary policy through what could be the fastest economic recovery in history. “There’s a lot left to do,” said Fed Chairman Jerome Powell at a Wall Street Journal event on March 4. “We have a lot of ground left to cover and good reason for optimism.” The Federal Open Market Committee (FOMC) is expected to release its quarterly economic forecasts on… Source link
Read More »Yahoo DFS Basketball: Tuesday Picks
Tuesday brings a seven-game slate in the NBA, including an exciting matchup between the Jazz and Celtics. We also have another opportunity to win some cash on Yahoo, so here are some players to consider for your entries, as well as a few to potentially avoid. GUARDS Shai Gilgeous-Alexander, OKC at CHI ($37): Gilgeous-Alexander enters this contest having scored at least 30 points in each of his last three games. He’s not only having an excellent season in the scoring column, but he’s also… Source link
Read More »Yahoo DFS Soccer: Tuesday UCL Picks
MATCHES (EDT) FORWARDS Karim Benzema, RMA vs. ATA (€29): Benzema’s elite goal-scoring form has been on display, with at least one goal in four straight, including a brace in Saturday’s 2-1 La Liga win. It’s no surprise that he’s fired off five or more shots in five straight appearances, and with Atalanta looking to turn the tie around, he’s sure to see some opportunities to take advantage on the counter-attack. Sergio Aguero, MCI vs. BMG (€27): Aguero marked his return to the starting… Source link
Read More »Did Louisville get snubbed on Selection Sunday? | Yahoo Sports College Podcast – Yahoo Sports
Reuters Team New Zealand hit top gear to level America’s Cup at 3-3 Holders Team New Zealand roared back to beat Luna Rossa and make it 3-3 in the 36th America’s Cup match off the coast of Auckland on Saturday, after the Italian challengers dominated the day’s opening race. TNZ hit speeds of over 40 knots in the second race to cross the line in 27 minutes and 27 seconds, a minute and 41 seconds ahead of Luna Rossa, to the delight of most of the roughly 15,000 fans on the quay and some 2,000… Source link
Read More »AMC soars 20%, plans to reopen California theaters this week – Yahoo Finance
Bloomberg Biden Eyes First Major Tax Hike Since 1993 in Next Economic Plan (Bloomberg) — President Joe Biden is planning the first major federal tax hike since 1993 to help pay for the long-term economic program designed as a follow-up to his pandemic-relief bill, according to people familiar with the matter.Unlike the $1.9 trillion Covid-19 stimulus act, the next initiative, which is expected to be even bigger, won’t rely just on government debt as a funding source. While it’s been… Source link
Read More »Yahoo DFS Hockey: Monday Picks
By now, hopefully you have gotten yourself situated with Daylight Saving Time. However, Monday still throws us a curveball, as there is an NHL game at 4:00 p.m. EDT between the Lightning and the Predators. I am not including that for the purposes of my DFS recommendations, instead sticking to the nine games starting at 7:00 p.m. or later. That still gives me plenty of options to suggest for your lineup, so let’s get to it… GOALIE Ilya Samsonov, WAS at BUF ($33): Samsonov is finally back… Source link
Read More »Saints, rivals react to Drew Brees' retirement: 'We won't miss you' – Yahoo Sports
The Associated Press Colorado State seeded No. 1 in 16-team NIT Colorado State, Saint Louis, Memphis and Ole Miss are the No. 1 seeds for the National Invitation Tournament. The four second seeds are Richmond, Davidson, Saint Mary’s and Boise State. Seeded third are Toledo, Western Kentucky, North Carolina State, and SMU, and the remainder of the field includes Buffalo, Dayton, Mississippi State and Louisiana Tech. Source link
Read More »Bitcoin falls 1.8% to $60,077.32 – Yahoo Finance
TipRanks 3 Monster Growth Stocks That Could Reach New Highs Every investor knows that you can’t look to a stock’s past performance as predictor of future gains. It’s become axiom, even, one of the stock phrases that we all learn about in Econ 101: ‘Past performance does not guarantee future returns’ is common formulation. But that simple phrase, while true, raises a tough question: How should an investor judge a stock? The truth is, past is prologue, not prophet, and investors can… Source link
Read More »Yahoo DFS Basketball: Sunday Picks
Sunday slates tend to have games spread throughout the day, and that’s the case again here. We have nine in total, with six making up the night slate beginning at 7:00 pm ET. Many of the road teams are expected to be favorites, leading to some fascinating spreads. With that in mind, let’s get into it! Guards Trae Young, ATL vs. CLE ($39) It’s bizarre to see Trae below $40. He was closer to $50 for most of last season and it appears he’s recaptured that form recently. After another gem on… Source link
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