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Economy, Stocks

“Are Oil Prices Heading To $64 or $200? Depends On Who You Ask”

“Brent Crude prices are set to retreat to $64 a barrel by the end of 2021, one of Japan’s leading banks says, while the energy minister of a Gulf oil producer warned that the International Energy Agency’s suggestion of no… Continue Reading…

Economy, Stocks

“Chinese Tech Stocks Are Tumbling Again…”

“It’s happened again. Chinese tech stocks are getting hammered after Beijing summoned a number of gaming companies, including Tencent and NetEase, over new rules on the sector. The companies were told to put an end to the “solitary focus of pursuing profit” and understand the… Continue Reading…

Stocks

“8 Top ‘Quality’ Stocks Win Over Investors Preparing For A Sell-Off”

“…Top Quality S&P 500 Stocks Members of Invesco S&P 500 Quality ETF up the most this year Name Ticker Stock YTD % Ch. 1-month % stock ch. Sector Fortinet (FTNT) 108.2% 1.8% Information Technology Generac Holdings (GNRC) 94.9 6.8 Industrials… Continue Reading…

Stocks

“Stocks may fall 15% by year-end, warns Morgan Stanley. Here are some portfolio moves investors might consider.”

“…“The issue is that the markets are priced for perfection and vulnerable, especially since there hasn’t been a correction greater than 10% since the March 2020 low,” said Lisa Shalett, chief investment officer of Morgan Stanley Wealth Management, in a… Continue Reading…

Stocks

“8 Companies Already Paying Huge Dividends Just Hiked Them”

“…Big S&P 500 Payers Hike Dividends Companies yielding 4.5% or more than announced dividend hikes this year Company Symbol Yield now Yield % change in the last 12 months Stock price YTD % ch. Sector Altria Group (MO) 7.06% 4.9%… Continue Reading…

Stocks

“Wall Street sees as much as 56% upside for its 20 favorite stocks”

“Wall Street’s favorites among the S&P 500 Analysts who work for brokerage firms tend to shy away from negative ratings. Among the S&P 500, there are no companies with majority “sell” or equivalent ratings. But the analysts still have clear… Continue Reading…

Business, Stocks

“Robinhood Stock Drops After SEC Chairman Warns on Payment for Order Flow”

“…Robinhood shares closed 6.9% lower after Barron’s published an interview with SEC Chairman Gary Gensler in which he said a full prohibition of payment for order flow was “on the table” as part of a broader agency review. Robinhood’s stock was briefly… Continue Reading…

Stocks

“This Meme Stock Just Raced Past GameStop As The New Money Machine”

“Support.com (SPRT) erupted out of nowhere this month and is suddenly stealing the Reddit-crowd’s affection. And for good reason: It’s fast pushing GameStop aside. Shares of Support.com are up 1,583% just this year. That puts it ahead of the still-impressive 1,041%… Continue Reading…

Stocks

“Citigroup Warns of Coming Losses in U.S. Stock Market”

“EDITOR NOTE: Citigroup is the latest financial institution to warn investors about significant losses in the stock market in the near future. “Our panic/euphoria model remains very elevated and is warning of coming losses,” the bank’s analysts say. These experts… Continue Reading…

Stocks

“Investing in These 3 Stocks Could Double Your Money, Says Oppenheimer”

“Enovix (ENVX)… Are other analysts in agreement? They are. Only Buy ratings, 3 to be exact, have been issued in the last three months. Therefore, the message is clear: ENVX is a Strong Buy. Given the $29.67 average price target, shares… Continue Reading…