Stocks

“Dow falls 600 points to start the week as omicron continues to spook markets”

“The Dow Jones Industrial Average dropped 600 points, dragged down by losses in Boeing, Goldman Sachs and American Express. The S&P 500 dipped 1.4% and the technology-focused Nasdaq Composite declined 1.3%. The small-cap benchmark Russell 2000 lost 2.2%…” https://www.cnbc.com/2021/12/19/stock-market-futures-open-to-close-news.html People shorting the markets right… Continue Reading…

Stocks

“Stocks trade near record highs as investors digest Fed’s latest move”

“U.S. stocks rose slightly in early trading Thursday trading the Federal Reserve signaled it would be aggressive on tapering and sees three interest rate hikes in 2022. The Dow Jones Industrial Average climbed 137 points. The S&P 500 was flat and within… Continue Reading…

Stocks

“CEOs And Corporate Insiders Have Sold A Record $69 Billion In Stock In 2021”

“EDITOR’S NOTE: If you are looking to spot trends in the stock market, following what “CEOs and corporate insiders” do is a good place to start. In 2021, these finance mavens are having a fire sale and taking as much… Continue Reading…

Stocks

FARMMI Stock is rallying. I hope you listened.

Remember this? ATTENTION PENNY STOCK WATCHERS: FARMMI ON THE MOVE. Well the stock just jumped. From the time I posted it was 24 cent. Now it peaked at 27 cents so far. I’m not trying to brag here but I’m… Continue Reading…

Business, Stocks

“Stitch Fix shares are down more than 27%, analyst says apparel retailer has hit a ‘growth wall’”

“Stitch Fix shares plummeted more than 27% Wednesday to a fresh 52-week low as one analyst said the company has run smack into a “growth wall.” The online shopping and styling service was able to top fiscal first-quarter expectations after the bell on… Continue Reading…

Business, Stocks

“Twitter CEO Jack Dorsey is expected to step down, sources say”

“Twitter CEO Jack Dorsey is expected to step down from his executive role, sources tell CNBC’s David Faber. Twitter stock was up more than 5% on the news. Dorsey currently serves as both the CEO of Twitter and Square, his digital payments… Continue Reading…

Stocks

“Why these are the worst stocks to own right now: Goldman Sachs”

“”Labor market tightness will remain a challenge during the next few years. Investors should avoid stocks with high labor costs relative to EBIT [earnings before interest and taxes],” says David Kostin, Goldman Sachs chief U.S. equity strategist, in a new research… Continue Reading…

Stocks

“Stocks Wobble, Oil Prices Rise Despite Release of Crude”

“The S&P 500 fell 0.1% as of 10:15 a.m. Eastern. The Dow Jones Industrial Average rose 33 points, or 0.1%, to 35,657 and the Nasdaq fell 0.5%. Bond yields edged higher. The yield on the 10-year Treasury rose to 1.65%… Continue Reading…

Stocks

“Astra stock surges 30% after the rocket builder reached orbit successfully”

“…Astra stock jumped as much as 42% in trading from its previous close of $9.53. With unusually heavy trading volume, the stock is trading anywhere from 30% to 40% since hitting the high. Indeed, it was trading about 31% higher… Continue Reading…

Stocks

“Tesla shares slide 5% after Elon Musk proposes selling 10% of his stock in a Twitter poll”

“Tesla shares fell by more than 5% in morning trading Monday after CEO Elon Musk asked his Twitter followers if he should sell 10% of his stock in the electric vehicle company. Shares of Tesla slipped 5.3% to $1,157.30 at 09:16 a.m. ET… Continue Reading…