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Economy, Personal Finance

“Survey Reveals 64% of Americans Might Retire Broke”

“EDITOR NOTE: Thinking you may retire broke is one of the scariest thoughts a person can have. Even more terrifying is that a new survey says that 64% of Americans likely will walk away from years of hard work with… Continue Reading…

Economy, Personal Finance

“48% of workers think they don’t earn enough to save for retirement…”

“Almost half of U.S. workers, 48%, say they don’t earn enough income to save for retirement, according to a new survey from the Transamerica Center for Retirement Studies. The finding is pretty consistent across generational groups. On the high end, 55% of… Continue Reading…

Economy, Precious Metals

“Mobius Says Hold 10% in Gold as Currencies Will Be Devalued”

“Veteran investor Mark Mobius said investors should have 10% of a portfolio in gold as currencies will be devalued following the unprecedented stimulus rolled out to fight the coronavirus pandemic. At this stage, “10% should be put into physical gold,”… Continue Reading…

Stocks

“3 Big Dividend Stocks Yielding at Least 8%; RBC Says ‘Buy’”

“Magellan Midstream Partners (MMP)… With 9 recent reviews, including 4 Buys and 5 Holds, MMP has a Moderate Buy rating from the analyst consensus. The stock sells for $47.77, while the $52.11 average price target indicates room for ~10% upside… Continue Reading…

Stocks

“Bluebird’s stock falls 21% as it says it will focus on U.S. market for gene therapies, citing ‘European payers'”

“Shares of Bluebird Bio Inc. were down 21.6% in premarket trading on Monday after the company announced several setbacks to its business as part of its second-quarter earnings announcement. Bluebird plans to wind down its gene therapy operations in Europe,… Continue Reading…

Cryptocurrencies

“Coinbase could jump up to 16% after earnings this week, trader says”

“Coinbase shares ended trading at $258.26 on Friday, up about 1%. They climbed an additional 3.8% to $268 in Monday’s premarket trading session. A run to $290 or $300 would be a 12-16% increase from Friday’s closing levels…” https://www.cnbc.com/2021/08/09/buy-disney-coinbase-ahead-of-earnings-this-week-traders-say.html Coinbase… Continue Reading…

Stocks

“2 Big Dividend Stocks Yielding at Least 8%; Analysts Say ‘Buy’”

“NexPoint Real Estate Finance (NREF)… There are only two recent reviews on record for NREF shares, but they both agree – this is a stock to buy. Their agreement gives the shares their Moderate Buy consensus rating. NREF is trading for… Continue Reading…

Stocks

“Dole IPO Drops Over 9% During First Day Of Trading”

“What happened: Shares of the world’s large produce company slid by over 9% on Friday after debuting on the New York Stock Exchange. Dole (NYSE: DOLE) opened for trading at $15, at an implied market value of approximately $1.5 billion, which was below the… Continue Reading…

Stocks

“How GE Boosted Its Share Price by 700%”

“General Electric just increased its stock price by more than $90 a share. GE stock (ticker: GE) will open for trading Monday at about $104 a share, after closing Friday at $12.95. The company completed its 1-for-8 reverse stock split Friday evening. At the… Continue Reading…

Stocks

“Generac Earnings Jump 71% Amid Strong Demand For Backup Power”

“…Generac Earnings Estimates: FactSet consensus was for Generac earnings per share of $2.31, 65% above the year-ago quarter, with sales up 59% to $867 million. Results: Generac earnings per share leapt 71% to $2.39 a share. Revenue climbed 68% to… Continue Reading…