Stock Market

In this article CHWY VRTX PLAY A dog hi-fives it’s owner in front of the New York Stock Exchange (NYSE) during Chewy Inc.’s initial public offering (IPO) in New York, U.S., on Friday, June 14, 2019. Michael Nagle | Getty Images Check out the companies making headlines after the bell:  Chewy — Shares of Chewy

It’s all systems go in the airline industry. The segment was one of those hit the hardest during the pandemic as air travel – both domestic and international – came to a standstill. With Covid-19 beating a hasty retreat, the clouds appear to be parting for airlines. For investors, of course, this signals opportunity. And

Alex Tovstanovsky, owner of used-car dealer Prestige Motor Works, checks on inventory with his general manager Ryan Caton in Naperville, Illinois, May 28, 2020. Nick Carey | Reuters Consumer prices jumped more than expected in May, but the surge in inflation looks to be temporary and should not push the Federal Reserve to tighten policy

Sharing is Caring! by Martin Armstrong We are starting to come full circle. Now airlines in Spain and Russia are warning people who have been vaccinated should not travel. Indeed, COVID-19 vaccinated people can be excluded from air travel! That was the headline of a Russian online news portal. There are a number of news articles coming

Let’s take a moment to talk about opportunity, share price, and risk/reward considerations. These are some of the factors investors must consider when moving into penny stocks – and we haven’t even touched on the fundamental soundness of the company or its business model. Penny stocks – as their name suggests, they once traded for

Take a look at some of the biggest movers in the premarket: RH (RH) – RH surged 8.4% in premarket trading after it reported quarterly profit of $4.89 per share, above the $4.10 a share consensus estimate. The home furnishings retailer formerly-known as Restoration Hardware also reported better-than-expected revenue and raised its full-year outlook. Signet

Sharing is Caring! by: Stefan Gleason The S&P 500 moved to within a smidgen of a new record high earlier this week. Based on this benchmark stock market index’s recent performance, all seems well and good for risk assets. Underneath the surface, however, warning signs are flashing for investors in financial markets. Over the past

The omni-channel, technology-driven furniture retailer, The Lovesac Company (LOVE), delivered blowout quarterly results driven by increased showroom sales, with all showrooms being fully operational in the reported quarter compared to COVID-19 related temporary closures in the prior-year period. Shares rose 2% to close at $83.42 on June 9. Earnings for the quarter stood at $0.13

In this article CLOV GME RH CLNE RIDE A person walks past a GameStop in the Manhattan borough of New York City, New York, U.S., January 29, 2021. Carlo Allegri | Reuters Check out the companies making headlines after the bell:  RH — The company formerly known as Restoration Hardware saw its stock gain 6%

Sharing is Caring! by Michael Snyder In my entire lifetime, this is the worst that drought conditions have ever been in the western half of the country.  During the past 20 years, the amount of territory in the West considered to be suffering from exceptional drought has never gone higher than 11 percent until now. 

It’s hard to tell in which direction the cryptocurrency space is heading. There has been a lot of bearish sentiment recently, and momentum has seemingly stalled. Nevertheless, the recent news that Bitcoin has been adopted as legal tender in El Salvador is big news and could be the catalyst for the bull market to resume.

Inflation has been warming up this spring, and it’s expected to hit historical levels for the month of May. The consensus forecast for the core consumer price index, which excludes food and energy, is 3.5% on a year-over-year basis, according to Dow Jones. That’s the fastest annual pace in 28 years. Economists expect both core

Sharing is Caring! by Chris Kimble US government bonds have come under pressure over the past year. And that decline has come to an important inflection point. Time to bounce higher? Or will government bonds continue to sink lower? That is the theme of today’s “weekly” chart from Marketsmith.com, of the popular long-dated US Treasury Bonds ETF

The famed meme stock, GameStop Corp. (GME) may have price action completely detached from its fundamentals as a business, but that does exclude it from releasing earnings reports. The video game retailer is slated to hold its earnings call after-market hours on Wednesday June 9.   Year to date, GME shares have climbed an astounding 1,639.13%, mostly attributable to a high-profile short squeeze in January, as well

Sharing is Caring! by howmuch How big is the market for insurance in the U.S.? And which companies dominate the industry? Our newest visualization provides an intuitive way to think about insurance company rankings based on direct premiums. MetLife wrote the most direct premiums in any single insurance sector, topping $103.3M in its life/annuity insurance

Take a look at some of the biggest movers in the premarket: Clover Health (CLOV), Wendy’s (WEN) – The two stocks extended their gains in premarket trading, after surging yesterday on increased social media attention. Clover – a seller of health-care insurance that went public via a SPAC deal in October – has risen for

Real estate investment trust National Health Investors (NHI) has expanded its association with Navion Senior Solutions by making a slew of investments totaling about $13.2 million. These investments include the acquisition of a 48 unit assisted living and memory care community for $6.6 million, funding for expanding an existing community, and a corporate loan. National

Traders working at the New York Stock Exchange (NYSE), today, Wednesday, April 21, 2021. Source: NYSE Even with headwinds from the Fed and inflation, a booming economy and strong earnings should send the market to a series of new highs this summer. The S&P 500 was lower Monday as the market meanders ahead of next

Getting a Covid-19 vaccine to market has proven to be an arduous task for Novavax (NVAX). As one of the smaller players to come to the fore during the pandemic, the vaccine specialist has seen others get their respective vaccines across the finish line, while it has run into logistical issues and has encountered delays

In this article CLOV SFIX WEN A person skateboards past Biogen Inc. headquarters in Cambridge, Massachusetts, on Monday, June 7, 2021. Adam Glanzman | Bloomberg | Getty Images Stitch Fix — Shares of Stitch Fix jumped 12% after the online styling service reported better-than-expected fiscal third-quarter results. The company posted a loss of 18 cents

Sharing is Caring! From Pento Portfolio Strategies:  The U.S. central bank has metastasized from an institution that was originally designed to assist distressed banks, to one that believes its purview now includes perpetuating asset bubbles, fighting global warming and reconciling racial inequities. Another distortion of the original purpose of the Fed is that its mandate

Bedding products provider Tempur Sealy International (TPX) has selected Crawfordsville, Indiana, as the location for its third domestic foam pouring facility. The new plant, spread over a 130 acres site, is expected to be Tempur’s largest manufacturing facility. The company expects construction to start in Q3. The new plant will enable Tempur to serve its

Take a look at some of the biggest movers in the premarket: Stitch Fix (SFIX) – Stitch Fix lost 18 cents per share for its first quarter, smaller than the 27 cents a share loss that analysts were anticipating. The online clothing styling company’s revenue came in above estimates. Stitch Fix also issued an upbeat

Sharing is Caring! via Zerohedge: In case we needed more proof that the US labor market is in a historic supply-demand mismatch crisis sparked by Biden’s generous unemployment benefits, a few hours after the latest NFIB showed that it has never been more difficult for small business to fill job openings, moments ago the BLS

We’re in interesting times, there’s no doubt about that. The COVID crisis is receding, the economic reopening is proceeding apace – but there are inflationary worries. The Biden Administration is committed to a heavy spending program, including generous extended unemployment benefits – which in some cases can exceed wages. As a result, the labor market

In this article LOOP AMC LLY An Eli Lilly and Company pharmaceutical manufacturing plant is pictured at 50 ImClone Drive in Branchburg, New Jersey, March 5, 2021. Mike Segar | Reuters Check out the companies making headlines in midday trading. AMC Entertainment — The meme stock jumped another 17% in heavy trading following an 83%

Anyone keeping track of the progress being made at Sorrento Therapeutics (SRNE), will be aware the company has a bulging pipeline encompassing a wide spectrum of drugs, ranging from cancer to pain to lymphatic delivery systems. One part of the portfolio is dedicated to finding various solutions in the ongoing fight against Covid-19. Despite the

In this article KDP AMC BIIB COUP MRVL SFIX Katrina Lake, CEO of Stitch Fix Adam Jeffery | CNBC Check out the companies making headlines after the bell:  Stitch Fix — Shares of Stitch Fix surged 15% in extended trading after the online styling service reported fiscal third-quarter results beating Wall Street expectations. The company

Electric vehicle manufacturer Fisker Inc. (FSR) is aiming to deliver a climate-neutral vehicle by 2027. Fisker is looking to use only climate-neutral materials in its products and to make use of only climate-neutral services in support of the business. Fisker Chairman and CEO Henrik Fisker said, “We plan to radically disrupt the mobility industry by

Take a look at some of the biggest movers in the premarket: Amazon.com (AMZN) – CEO Jeff Bezos announced that he and his brother Mark will join an auction winner aboard the first human spaceflight by Bezos’ Blue Origin on July 20. Bezos is set to step down as Amazon CEO on July 5 in