Stock Market

People walk past the New York Stock Exchange in the Manhattan borough of New York, November 10, 2020. Carlo Allegri | Reuters Growing inflation concerns, optimism the economy could surge and some technical factors are combining to drive interest rates higher at a rapid clip. But on Thursday, for the first time, the market has

Risk and reward are the yin and yang of stock trading, the two opposite but essential ingredients in every market success. And there are no stocks that better embody both sides – the risk factors and the reward potentials – than penny stocks. These equities, priced below $5 per share, typically offer high upside potentials.

Take a look at some of the biggest movers in the premarket: GameStop (GME) – GameStop remains on watch after another Reddit-fueled surge Wednesday in the video game retailer’s shares, as well as other so-called “Reddit stocks” like BlackBerry (BB), AMC Entertainment (AMC) and Koss Corp. (KOSS). GameStop surged 55.8% premarket, while AMC rose 12.9%,

Via International Man International Man: President Biden’s Treasury Secretary—and Obama Fed Chair—Janet Yellen recently floated the idea of taxing unrealized capital gains through a “mark-to-market” mechanism. What is going on here? Doug Casey: When you tax unrealized capital gains—as they do with foreign stocks in a number of countries, like New Zealand, where it made

Teladoc Health’s shares dropped 6.1% in extended-hours trading on Feb. 24 as the virtual healthcare provider’s 4Q net loss per share widened to $3.07 from a net loss per share of $0.26 in 4Q FY19.  Analysts were expecting a loss of $0.24 per share. Revenue for the quarter increased 145% year-on-year to $383.3 million, ahead

Take a look at some of the biggest movers in the premarket: Lowe’s (LOW) – The home improvement retailer reported quarterly profit of $1.33 per share, 12 cents a share above estimates. Revenue also came in above analysts’ forecasts. Same-store sales jumped 28.1%, compared to the 22% predicted by analysts surveyed by FactSet. Lowe’s shares

by Chris Kimble Inflation seems to be a thing of the past… but current trading in bond and commodity markets tell us that it could become a thing of the future! Inflation hasn’t been an issue, or even on our radar, since the 1980s. Sure, the 2007 surge in oil prices offered some concern but the

The US Postal Service took its time deliberating who will win the coveted contract to replace its aging delivery fleet. While the losers will bemoan the months waiting in suspense, for the winner – Oshkosh (OSK) – the long wait will matter little. After several delays on the final decision, on Tuesday, the company was

A shopper walks toward a GameStop store in Ottawa, Illinois, April 1, 2019. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines after the bell on Wednesday: GameStop – Shares of the gaming retailer surged 61%, building on their massive surge during the regular trading session as traders weighed a C-suite

The stock market is warning us that a real bloodbath could be around the corner. Let’s take a look at some charts. The market action of the last week has been extremely problematic. On the surface things look relatively benign. The S&P 500 fell to test support and its 50-day moving average (DMA) and bounced hard. All

Nvidia (NVDA) stock has been a winner in the pandemic era. The semiconductor giant represents a play on multiple trends including AI, cloud, gaming and AV/ADAS, and investors have bought into the story, sending shares up by 110% over the past 12 months. The company is set to release the January quarter results today after

Home Depot and Lowe’s stores Getty Images Check out the companies making headlines in midday trading.  Lowe’s – Shares of Lowe’s ticked more than 3% lower after the company said home improvement sales will likely decline in 2021 as more people get Covid-19 vaccines and spend more time outside their homes. Despite the outlook, Lowe’s said fourth-quarter same-store

From Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Bank of America sets a 2021 gold price target of $2,000, why silver could jumpstart the next precious metals bull cycle, and thefts of catalytic converters from cars are on the rise, driven by

Wells Fargo has agreed to sell Wells Fargo Asset Management (WFAM) to private-equity firms – GTCR and Reverence Capital Partners – for $2.1 billion. WFAM is the asset management unit of the bank, with $603 billion in assets under management and specialized investment teams with more than 450 investment professionals. The deal is anticipated to

by howmuch Basic internet access to this article isn’t even a thought for people living in extreme poverty. Most of us think of extreme poverty as an abstract concept that we hear about but never see. Yet, as our visualization illustrates, a significant portion of the world’s population lives like this, separated geographically from the

The promise of an end to the coronavirus era has resulted in renewed optimism around cruise stocks. There was an industry wide uptick following the release of Royal Caribbean’s (RCL) latest quarterly statement. RCL shares climbed by 9% in the subsequent session. Year-to-date, the stock is up by 21%, and currently at its highest point

Patrick T. Fallon | Bloomberg | Getty Images Check out the companies making headlines after the bell on Monday: Square – Shares of the financial services company slipped 4.1% amid news news that Square purchased $170 million in Bitcoin. Square also reported quarterly results that beat analyst expectations. The company earned 32 cents per share

By Chris Black Markets shivered on Tuesday, and everybody on Wall Street panicked for a moment, as investors realized that debt is unsustainable and yields will have to stay artificially low for a very long period of time. Tesla stock also took a beating as yesterday’s selloff intensified. The problem with Tesla is that there

The market appears in the midst of a correction, with sharp pullbacks across the board. The tech sector looks particularly vulnerable as valuations have soared during the stock market’s extended rally. One such highflying tech name is Square (SQ). The fintech player has benefited from strong Covid-19 tailwinds and the pivot toward digital payments, in

Check out the companies making headlines before the bell: Home Depot (HD) – The home improvement retailer beat quarterly estimates by 3 cents with earnings of $2.65 per share. Revenue came in above estimates as well. Comparable store sales jumped 24.5% during the fourth quarter, more than the 19.2% consensus estimate of analysts polled by FactSet. Home

by Kimble Charting Interest rates on the 30-year bond fell 75% from November of 2018 until March of 2020 (1). They have rallied 115% in the past 11-months, after hitting lows in March 2020 at (2). As yields have risen 115% off the 2020 lows, the S&P is up nearly 65% at the same time. Historic rallies by

PAVmed shares plunged 12.4% in Monday’s extended trading session after the medical devices company announced the spin-off of its majority-owned subsidiary, Lucid Diagnostics, into a separate public company. PAVmed’s (PAVM) plan is to either spin-off Lucid Diagnostics through an initial public offering (IPO) or through a combination with a healthcare special purpose acquisition corporation (SPAC).

Washington Post says elites need a bigger say in choosing the President. The elites already sway election with their dollars and services to have a big enough impact on things. Seems like they reworded the headline after some backlash: www.foxnews.com/media/washington-post-changes-headline-after-op-ed-calls-for-elites-have-bigger-say-choosing-president The original article is over a year old if anyone wants to give it a

Despite the reduction in global Covid-19 cases, and the anticipated gradual return to normalcy, the fear of mutant strains remains. Jefferies analyst Michael Yee counts the specter of new variants as one of the main reasons why Moderna (MRNA) is well placed to capitalize. “We strongly believe MRNA is trading on visibility on 2022+ where

Julie Wainwright, CEO, The RealReal Scott Mlyn | CNBC Check out the companies making headlines after the bell on Monday: Palo Alto Networks – Shares of the cybersecurity company fell nearly 1% after Palo Alto Networks reported better-than-expected results for its second quarter. The company reported earnings per share of $1.55, compared to a Refinitiv

By Chris Black The “virus” appears in China spreading in ONE place only (Wuhan), with scenes that look like from zombie movies (people falling down and “harvested” on the streets by special teams, things that are not happening today). Or, to put it another way, communist lies “swallowed” by the western so-called media with no

Shares of Cooper Tire & Rubber Co. shot up by 28% in US late morning trading as the tire company agreed to be snapped up by peer Goodyear Tire & Rubber Co. in a transaction valued at $2.8 billion. Shares of Goodyear jumped 18% and were trading at $16.42. According to the terms of the

Take a look at some of the biggest movers in the premarket: Dish Networks (DISH) – The satellite TV provider rose 3.2% in premarket trading after it reported quarterly earnings of $1.24 per share, well above the consensus estimate of 75 cents a share. Revenue came in above estimates as well. Dish lost a net

Music streaming and podcast powerhouse Spotify (SPOT) is another name that outperformed in 2020, with pandemic-led tailwinds being reflected in the stock’s price appreciation over the past year (148% gain in the past twelve months). However, like other COVID-19 “stay-at-home” plays, some may fear this growth story is starting to cool. As a result, Spotify

When billionaire financier Ray Dalio makes a move, Wall Street pays attention. Dalio, who got his start working on the floor of the New York Stock Exchange trading commodity futures, founded the world’s largest hedge fund, Bridgewater Associates, in 1975. With the firm managing about $140 billion in global investments and Dalio’s own net worth coming at