Economy, Stocks

“The global economy is ‘bottoming out,’ and that’s good news for stocks, says Deutsche Bank”

““There are signs that the global economy is bottoming out. We now expect an improvement in global growth next year,” write Henry Allen, Quinn Brody and Jim Reid, in a new report… They expect global growth of 3.1% this year… Continue Reading…

Business, Stocks

“Uber stock tanks 6% after losing its London operating license: ‘There is a risk that other cities could follow’ (UBER)”

“Uber’s stock was set to sink Monday morning after the ride-hailing firm lost its license to operate in London. The stock was down 6.3% in premarket trading as of 10:30 a.m. in London (5:30 a.m. ET) after the regulator Transport for London… Continue Reading…

Stocks

“5 Top Dividend Stocks Investors Should Never Sell”

“Dividend stocks might lack the pizzazz of high-growth stocks and appear boring on the surface, but they’re a model of consistency. Income stocks are almost always profitable, they typically have time-tested business models, and they’re the real key to compounding investor… Continue Reading…

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…

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…

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…

Economy, Stocks

“Dow closes at record high as Disney pops more than 7%”

“The Dow Jones Industrial Average hit an all-time high on Wednesday as Disney shares popped while investors digested testimony from the top-ranking Federal Reserve official.  The 30-stock average closed 92.10 points higher, or 0.3% at 27,783.59, notching intraday and closing records. Disney jumped 7.4%… Continue Reading…