The Dow Jones Industrial Average rallied after Federal Reserve Chairman Jerome Powell hiked interest rates and issued a warning. Oil stocks dipped after President Joe Biden threatened to exercise emer...
Tag: Stocks
Boeing Stock Soars On China 737 Max Test Flight, Plane Demand Bets
Updated at 1:25 pm EST Boeing (BA) – Get The Boeing Company Report shares powered higher Wednesday amid news that a key China carrier conducted test fights of the planemaker’s troubled 73...
Tesla’s Musk Sends Dire Warning to Rivals Lucid and Rivian
When Elon Musk, the CEO of Tesla (TSLA) – Get Tesla Inc. Report, speaks about the environment and the problems facing the automobile sector, industry actors listen. For many years, the billion...
Stocks Pare Back Gains After Federal Reserve Hikes Rates By 75 Basis Points
Topline The stock market opened higher on Wednesday but pared back gains after the Federal Reserve raised interest rates by 75 basis points—the largest increase in 28 years, as investors continue to w...
Bitcoin Holders To Remain Cautious As Correlation With Stocks Continues
Bitcoin’s correlation with the stock market has been on the rise over the last year. What started out slowly had quickly ramped up in the last few months to reach the highest correlation points in rec...
‘Don’t Be Fooled’ By Latest Rally As Stocks Prepare For Looming Fed Rate Hikes, Experts Warn
Topline The stock market moved higher on Wednesday as investors nervously look ahead to the conclusion of the Federal Reserve’s upcoming policy meeting, with the central bank now expected to hike inte...
Best Blockchain Stocks For Investment: LOG, LINK, & XTZ!
Various advancements have been made throughout the years to improve cryptocurrencies and the crypto market to achieve greater traction. Many investors are looking for alternatives to coins such as Bit...
Don’t be duped by doomsayers, JPMorgan says — the S&P 500 will rebound to 4,900. Here are 3 stocks it’s using to bet on a bounce
Don’t be duped by doomsayers, JPMorgan says — the S&P 500 will rebound to 4,900. Here are 3 stocks it’s using to bet on a bounce Looking at the S&P 500 right now, you might be conv...
2 ‘Strong Buy’ Oil Stocks From One of the Best Analysts on Wall Street
As we approach mid-year, it’s time to take stock of the oil markets. Prices are up, near $119 per barrel of crude oil right now, and indications are that they’ll keep going up. Industry experts are pr...
US crypto stocks close in the red as bear market fears grip equities
US stock indices ended Monday’s trading session in the red following a turbulent day of trading. The macroeconomic environment continues to set the tone for markets — US inflation hit a 41-year ...
Coinbase, MicroStrategy, Other Bitcoin-Exposed Stocks Tank Amid Crypto Meltdown
As the latest carnage in the crypto markets brought the price of Bitcoin below $24,000, MicroStrategy (MSTR) fell as much as 26.72% on Monday’s premarket to a 20-month low of $149. MSTR, which traded ...
Jackson: it’s time to ‘selectively’ invest in ‘profitless tech stocks’
The U.S. Federal Reserve could raise interest rates by as much as 75 basis points on Wednesday. Still, the President of EMJ Capital says now is the time to go shopping for the “profitless”...
Ford Makes a Misstep in Its Race Against Tesla
Ford (F) – Get Ford Motor Company Report doesn’t want to see setbacks in its race against Tesla (TSLA) – Get Tesla Inc. Report. The legacy carmaker — and everyone else ̵...
Cheryl Pate reveals where ‘best value’ lies in bank stocks
“XLF” might be down 20% year-to-date but Cheryl Pate says there are subsectors within “financials” that look quite opportunistic here. She’s the Portfolio Manager at Ange...
Caterpillar Follows Boeing In Chicago Exit, Moving HQ To Texas
Updated at 3:42 pm EST Caterpillar (CAT) – Get Caterpillar Inc. Report said Tuesday it will begin moving its corporate headquarters to the Dallas-Fort Worth area later this year, marking the se...
Tesla Rival Rivian Delivers Bad News
This is a tough time to be a start-up. New entrants into the electric vehicle market are facing a slew of challenges, including runaway inflation, supply chain hold-ups and Russia’s invasion of ...
Crypto Crash Results In Bitcoin-Exposed Stocks Such As Coinbase, MicroStrategy Dipping
The latest crypto massacre has pulled Bitcoin below $22,382.89 as of this writing. Meanwhile, MicroStrategy (MSTR) too suffered a drop of 26.72% on Monday’s premarket, reaching a 20-month low of $149....
Jim Cramer Says ‘Boring’ Stocks Will Outperform Over the Long Term; Here Are 3 Names to Consider
It’s official: after this past Monday’s trading, the S&P 500 has joined the NASDAQ in a bear market. The index has fallen more than 21% year-to-date, not as deep a loss as the NASDAQ’s 31% but sti...
S&P 500: Recession Fear Crashes 11 Major Stocks Below 4 Bucks A Share
Investors are running out of superlatives to describe just how ugly the S&P 500 crash this year is. But here’s a fact that drives it home: 11 major stocks are now trading for less than $4 a ...
Stocks making big moves midday: FedEx, Continental Resources, Oracle
Check out the companies making headlines in midday trading. Continental Resources — Shares soared 14% after the shale company announced an all-cash buyout proposal from the family trust of billionaire...
3 large cap stocks holding strong amid a market crash
A severe sell-off hit the broader markets on Monday, June 13, as worries around inflation discouraged investors. The S&P 500 fell 4%, entering the bear market territory officially, while the ener...
Galaxy Digital CEO, Mike Novogratz: “Crypto Market Nearer To Bottom Than Stocks”
– Advertisement – Crypto Market Nearer To Bottom Than Stocks. According to a Bloomberg report, the founder and CEO of Galaxy Digital Holdings Ltd., Mike Novogratz, suggested that cryptocur...
2 stocks not to buy during a recession
The economic outlook is currently clouded with uncertainties, with the lingering pandemic, Russian invasion of Ukraine, and lockdowns in China. Meanwhile, in the U.S., the Federal Reserve (Fed) is rai...
How Long Does the Average Bear Market Last?
Bear markets have a long history with the S&P 500, Nasdaq Composite and Dow Jones Industrial Average indexes and they have returned as a result of the economic turmoil caused by inflation, rising ...
Goldman Sachs Likes These 2 Beaten-Down Stocks for Triple-Digit Upside
Stocks are down, that’s a given in almost any corner of the market, with – broadly speaking – only the energy sector and some outliers providing investors with any cheer in 2022. When will...
Opinion: Those who buy stocks the day the S&P 500 enters a bear market have made an average of 22.7% in 12 months
CHAPEL HILL, N.C. – Good news, investors: Wall Street is holding a sale, offering stocks at 20% off! You’re not interested? That just means you only talk the talk about being a contrarian investor, bu...