Stock Market

If the stock market’s ups and downs this year have taught us any enduring lesson, it’s a repeat of an old stand-by: the importance of setting up a steady income stream, to keep the portfolio profitable no matter how the individual shares move. Dividends are a key part of any investment income strategy, giving investors

Check out the companies making headlines in midday trading.  Zoom Video — Shares of the video conferencing company gained more than 3% after Mizuho initiated coverage on the stock with a buy rating and $550 target. “We believe Zoom can continue to deliver outsized revenue growth due to its position as a market leader, its global

by Martin Armstrong QUESTION:  I thought big police forces are malinvestment just like big government. doesn’t returning to hard money reduce malinvestments? BF ANSWER: These people can no longer fund themselves by borrowing. I have been advising in Europe that the Euro could never become a major reserve currency without a single debt. They are now looking

GenMark Diagnostics shares jumped 12.6% in the after-market trading hours on Thursday as the company announced strong preliminary results for the third quarter. Separately, the company also announced that its ePlex Respiratory Pathogen Panel 2 (or RP2) has received Emergency Use Authorization from the US FDA. Currently, GenMark (GNMK) expects its 3Q revenue to rise

Spencer Platt | Getty Images News | Getty Images Even with election year volatility and no stimulus package in sight, it looks like the stars are aligning for a fourth quarter stock market rally. Technical analysts say they see underlying trends that signal strength and further gains, including broader groups of stocks participating, like small

by Michael Snyder Everything that has happened in 2020 so far has set us up for a grand finale that none of us will ever forget.  This year we have already witnessed the worst public health crisis in about a hundred years, widespread lockdowns all over the nation, a crippling economic collapse and civil unrest

Ready, set, launch. After much anticipation, Apple (AAPL) announced that its iPhone 12 launch will take place virtually on October 13, with the phones becoming available for purchase in late October. Weighing in on the development for Wedbush, 5-star analyst Daniel Ives sees a spike around production and pent up demand for the lineup of

Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., speaks during the company’s event at Mobile World Congress Americas in Los Angeles on Oct. 21, 2019. Patrick T. Fallon | Bloomberg | Getty Images Check out the companies making headlines after the bell Thursday: GenMark Diagnostics — GenMark shares popped more than 4% after

by Lance Roberts In this past weekend’s missive “Trump Infects Markets Bounce,” we discussed even though the market had bounced off support, we still consider it a “sellable rally,” for now. The comment generated quite a few emails, mainly since we also discussed that markets are generally positive in election years. To wit: “Lance, I am confused.

After a volatile September, the roller coaster hasn’t ended in October. We had a pleasant surprise for investors, when S&P 500 climbed back above 3,400 to start the month. However, markets didn’t like President Trump’s COVID diagnosis, and the resulting drop. The President is out of the hospital, but now the White House and Congressional

Take a look at some of the biggest movers in the premarket: IBM (IBM) – IBM said it would spin off the managed infrastructure services unit of its global technology services division into a separate public company, to allow it to focus on its hybrid cloud growth strategy. The spin-off will be accomplished through a

by Gatorm8 Before everyone starts yelling at me to gtfo with my bear thesis let me start off by saying this is purely for discussion purposes. I made a comparison and I want to hear others thoughts on it. If it ends up behaving the same way, cool, if it doesn’t it, well it wouldn’t

Shares of Sirius XM Holdings gained 4.6% on Wednesday after Bloomberg reported that the company is nearing a contract renewal with its star podcaster Howard Stern. The satellite radio services provider’s contract with Stern is set to expire in December this year. According to the report, Sirius XM (SIRI) would pay about $120 million a

Take a look at some of the biggest movers in the premarket: Levi Strauss (LEVI) – Levi Strauss reported quarterly earnings of 8 cents per share, compared to expectations of a 22 cents per share loss. The apparel maker’s revenue also beat Wall Street forecasts, helped by a 52% jump in online sales. United Airlines

by confoundedinterest17 Policy makers agreed at the meeting to hold rates near zero until the labor market reached maximum employment, and inflation reached 2% — and was on track to moderately exceed that goal for some time. Forecasts also released on Sept. 16 showed officials didn’t expect the economy to reach those targets until 2023 or 2024, as it

We are now into 2020’s final quarter and signs the aviation industry’s miserable year might be on the cusp of a turnaround are few and far between. On Tuesday, A&D giant Boeing (BA) reduced its long-term forecast for commercial jet demand. Specifically, Boeing cut its demand expectations by 11% from 2019’s forecast, estimating that over

Traders wearing masks on the floor at the New York Stock Exchange. Brendan McDermid | Reuters A fiscal stimulus package is the one thing that could put the stock market on an upward trajectory into the election, but some strategists say the odds of that happening are still rather low. President Donald Trump, within hours

by Martin Armstrong COMMENT: meine bank – volksbank düsseldorf-neuss – hat mir mein laufendes konto gekündigt,weil ich mich geweigert habe, eine maske zu tragen und zwar imvorraum der filiale, wo sonst niemand war!ich hatte mein med. attest vorgezeigt und daher keine maske getragen.ich bin kunde und teilhaber der genossenschaftsbank seit 1977 und hatteauch viele jahre mein

Shares in Kindred Biosciences are jumping 12% after the company announced an expanded manufacturing agreement for Vaxart’s oral COVID-19 vaccine as well as other vaccine candidates. Vaxart is up 4%. Kindred (KIN) said that under the terms of expanded agreement, its subsidiary Centaur Biopharmaceutical Services, will be responsible for scaling COVID-19 clinical trial material into

So now we know. Hillary was behind it. Obama gave the order. The only question now is what our side will do with this information. Will we merely talk about it or will someone bring out the indictments and the handcuffs? #ObamaGate — Dinesh D’Souza (@DineshDSouza) October 7, 2020 h/t deepyheade

Check out the companies making headlines in midday trading.  SunPower — Shares of the solar company jumped more than 13% to a new 52-week high after Piper Sandler initiated coverage on the stock with an overweight rating. The firm called SunPower a “favorite idea,” noting that it has “a path toward generating positive operating cash

Shares of ChromaDex Corp. jumped 27.5% on Tuesday after the biotech company reported some positive data from its COVID-19 Phase 2 study that involves its nicotinamide riboside (NR) – an anti-ageing supplement. ChromaDex (CDXC) said that the Phase 2 trial showed that patients with mild-to-moderate COVID-19 “experienced a 29% reduction in recovery time when receiving

Take a look at some of the biggest movers in the premarket: Southwest Airlines (LUV) – Southwest is asking its employee unions to agree to pay cuts, in return for not furloughing or laying off employees through 2021. Non-union salaries will be cut by 10% until the beginning of 2022. Cisco Systems (CSCO) – Cisco

With the ramping up of global 5G networks, Nokia (NOK) is staking a claim to be one of the field’s main players. The Finnish company was once one of the world’s leading mobile phone makers, but that was long ago and over recent years has reinvented itself as a telecom equipment provider. The move appears

A man walks near the New York Stock Exchange (NYSE) on August 31, 2020 at Wall Street in New York City. Angela Weiss | AFP | Getty Images Whoever wins the presidential election is likely to seek an infrastructure program next year, but if Democrats win the presidency and Congress, the program could be bigger

by Harvey Organ of Harvey Organ Blog OCT 5 C//GOLD UP $12.00 TO $1914.80//SILVER UP 53 CENTS TO $24.41//STRONG ADVANCE IN GOLD TONNAGE STANDING: UP TO 95.527 TONNES//OVER 9 MILLION OZ OF SILVER STANDING//TRUMP THERAPY WORKS..HE WILL BE RELEASED FROM WALTER READ TONIGHT//CHINA VS USA: TRUMP STILL ON THE WARPATH//CORONAVIRUS UPDATES SAT. THROUGH MONDAY// GOLD:$1914.80 UP  $12.00   The quote

Once a specialist in oncology drugs and pain management, Sorrento Therapeutics (SRNE) has pivoted to attack COVID-19 head-on in 2020, offering up a smorgasbord of tests to detect the novel coronavirus, vaccines to prevent it, and therapies to combat it. As the President’s illness illustrates, the coronavirus contagion is still very much a threat —

Trainers have Orca killer whales perform for the crowd during a show at the animal theme park SeaWorld in San Diego. (File photo). Mike Blake | Reuters Check out the companies making headlines in midday trading.  SeaWorld Entertainment — SeaWorld shares popped more than 7% after a Credit Suisse analyst upgraded them to outperform from

By Jon Hall After what was widely considered to be a hackjob to anyone with a set of eyes and a working brain, Chris Wallace as acting moderator at the first debate was exceptionally poor and extremely biased. It was so bad at one point, President Trump commented, “I guess I’m debating you, not him, but that’s OK – I’m

Global consultancy firm Accenture has acquired New Zealand-based SAP and cloud solutions technology firm Zag. The company did not disclose the financial terms of the transaction but according to a report by the Australian Financial Review (or AFR) the deal is valued at $45 million. Accenture’s (ACN) Zag acquisition will strengthen the company’s cloud capabilities