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Stocks

“Goldman Says Narrow Breadth in S&P 500 a Bad Sign for Stocks”

April 27, 2020

“The narrowing group of winners in the S&P 500 doesn’t bode well for the future performance of U.S. stocks, according to Goldman Sachs Group Inc. The U.S. benchmark is around 17% below its February record, but the median stock trades… Continue Reading…

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Economy, Stocks

“An oil futures contract expiring Tuesday went negative… demand collapse “

April 21, 2020

“A futures contract for U.S. crude prices dropped more than 100% and turned negative for the first time in history on Monday, showing just how much demand has collapsed due to the coronavirus pandemic… West Texas Intermediate crude for May delivery fell more… Continue Reading…

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Stocks

Stocks: Oil plummets

April 20, 2020

“Stock fell Monday, tracking declines in oil prices as concerns over weak energy demand in an oversupplied market built up even further. The May contract for U.S. West Texas intermediate crude oil (CL=F), which expires on Tuesday, dropped 40.78% to… Continue Reading…

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Stocks

“Taronis Technologies stock doubles on massive volume after deciding against reverse stock split”

April 17, 2020

“Shares of Taronis Technologies Inc. TRNX, +65.56% more than doubled on massive trading volume Thursday, after the fuel generation and water decontamination company said it decided not to pursue a reverse stock split. The stock soared 124% in afternoon trading, but was still… Continue Reading…

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Economy, Stocks

“Stocks are finally flashing signs of a confirmed bottom, says analyst who called 25% rally”

April 10, 2020

“With the S&P 500 surging more than 10% for the week ending April 9 to wrap up its best weekly gain since 1974, investors might be giving more credence to the belief that the worst of the stock market rout is… Continue Reading…

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Investing, Stocks

“‘Fast Money’ Traders Share Their Thoughts On Retail, Cruise And Casino Stocks”

April 10, 2020

“On CNBC’s “Fast Money,” Tim Seymour said Macy’s Inc (NYSE: M) was priced as if it’s going out of business, but he doesn’t think that’s going to happen. He added there are very real assets there… Steve Grasso said there is a reason to take… Continue Reading…

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Stocks

“Jim Cramer predicts ‘U’ shape recovery, says economy ‘will bounce back gradually’”

April 8, 2020

“CNBC’s Jim Cramer on Tuesday suggested investors take advantage of the recent market upside to sell some stock and build up some cash for the next dip… A V-shaped recovery happens when a quick decline in economic activity is met by an… Continue Reading…

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Stocks

“U.S. airlines want a $50 billion bailout. They spent $45 billion buying back their stock.”

April 8, 2020

“We don’t know yet which companies are going to get how much in federal bailout money and what the bailout terms will be. But it’s a sure bet that a ton of money will be earmarked for our nation’s four… Continue Reading…

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Stocks

“…Stocks extend gains, Dow adds 700+ points”

April 7, 2020

“10:38 a.m. ET: Stocks pare some gains Stocks eased up after surging at market open. Each of the three major indices, however, was still up at least 1%. Gains in the S&P 500 were led by the Energy sector, up… Continue Reading…

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Stocks

“Wayfair stock soars 38% as business more than doubles…”

April 6, 2020

“Wayfair Inc. stock soared 38.3% in Monday premarket trading after the e-commerce home retailer said business skyrocketed amid the coronavirus pandemic. Wayfair went into March with gross revenue up just below 20%, consistent with January and February. However, business more… Continue Reading…

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