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Stocks

“Shares of Victoria’s Secret parent L Brands jump on fourth-quarter forecast, in-line profits”

“L Brands shares, which closed near a 10-year low, rose nearly 4% during extended trading. The stock, which has a market value of $4.4 billion, hit a 52-week low of $15.80 earlier Wednesday… The company said it expects 2019 fourth-quarter… Continue Reading…

Stocks

“Millennial bets most of his savings on one of the stock market’s riskiest plays — and he’s about to cash in $1.5 million”

“…  he took most of the cash he managed to save from his day job and put it to work in one of the riskiest corners of the market. He claims he purchased about $100,000 worth of Direxion Daily Financial… Continue Reading…

Stocks

“Selling software service stocks on trade worries is a ‘big mistake,’ Jim Cramer says”

“Don’t give up on the entire technology sector of the market, according to CNBC’s Jim Cramer. The “Mad Money” host advised that selling off would be a poor miscalculation, urging investors to “ask yourself what you’re selling.” “If you’re dumping an ETF, be… Continue Reading…

Economy

“America’s lowest earners are powering the economy…”

“Of course, this is basically true all the time — consumer spending accounts for about 70% of GDP growth. But right now, investors see slowing manufacturing activity, slowing corporate investment, and slowing global growth as putting even more pressure on U.S. consumers… Continue Reading…

Business

“Secretive energy startup backed by Bill Gates achieves solar breakthrough”

“Heliogen, a clean energy company that emerged from stealth mode on Tuesday, said it has discovered a way to use artificial intelligence and a field of mirrors to reflect so much sunlight that it generates extreme heat above 1,000 degrees… Continue Reading…

Economy, Personal Finance

“10 U.S. Cities Where You Can Rent a One-Bedroom Apartment for $600 or Less”

“Youngstown, Ohio How Much For A One Bedroom? $600 a month Derby, Kansas How Much For A One Bedroom? $599 a month Amarillo, Texas How Much For A One Bedroom? $597.50 a month Conway, Arkansas How Much For A One Bedroom? $555 a month… Continue Reading…

Stocks

Penny Stock Watch: Protalix BioTherapeutics [PLX]

Over the weekend this stock as increase a whooping 13 scents from .21 to a high of 33 cents so far. Keep your eyes on this one. Personally I think if it dips a fair amount from it’s high it’ll… Continue Reading…

Banking, Economy

“Morgan Stanley Sees a Global Economic Recovery in Early 2020”

“A combination of easing trade tensions and easier monetary policy will lift global growth from the first quarter of 2020, according to economists at Morgan Stanley… “A 1Q20 recovery is on the cards,” the U.S. bank’s economists led by Chetan Ahya wrote in… Continue Reading…

Economy, Stocks

Stock Market: “This is now the best bull market ever”

“The current market boom, which started March 9, 2009, has enjoyed a whopping 468% gain for the S&P 500 through the first day of November, making this record-long bull run also the best-performing one since World War II, according to… Continue Reading…

Stocks

Penny Stock: “Sienna Biopharmaceuticals Announces Successful Appeal of Nasdaq Delisting Notice”

“…Sienna Biopharmaceuticals, Inc. (SNNA) (the “Company”), a clinical-stage biopharmaceutical company, today announced that, on November 12, 2019, the Nasdaq Hearings Panel (the “Panel”) granted the Company’s request for continued listing on the Nasdaq Stock Market (“Nasdaq”), subject to certain conditions…” https://finance.yahoo.com/news/sienna-biopharmaceuticals-announces-successful-appeal-133000812.html… Continue Reading…