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Banking, Economy

“Bank of America CEO Brian Moynihan says consumer spending is 20% higher this year than 2019”

“Transaction volumes on customers’ credit and debit cards and over the Zelle payment network has grown by 20% so far this year compared to this point in 2019, Moynihan told CNBC’s Becky Quick Monday on CNBC’s “Squawk Box.” The comparison… Continue Reading…

Economy, Stocks

“3 Strong Oil And Gas Stocks For The Summer”

“#1. Apache Corp: Smart Hedging Strategy… During its Q1 2021 earnings transcript, Apache revealed that prescient changes to its natural gas hedging strategy right before the February freeze hit Texas brought the company an unexpected windfall in the form of a first-quarter… Continue Reading…

Economy

“Chip shortage expected to cost auto industry $110 billion in revenue in 2021”

“The ongoing semiconductor chip shortage is now expected to cost the global automotive industry $110 billion in revenue in 2021, according to consulting firm AlixPartners. The forecast is up by 81.5% from an initial forecast of $60.6 billion, which the New York-based… Continue Reading…

Cryptocurrencies

“Ethereum breaks past $3,000 to quadruple in value in 2021”

“Cryptocurrency ether broke past $3,000 on Monday to set a new record high in a dazzling rally that has outshone the bigger bitcoin, with investors betting that ether will be of ever greater use in a decentralised future financial system.… Continue Reading…

Stocks

“Penny Stocks to Buy Using Technical Analysis for April 2021”

“PaySign, Inc. (PAYS) I’m liking the double bottom chart pattern that, as of the time I was writing this column, hadn’t yet come to fruition (i.e., turned into an uptrend) for PaySign, Inc. (PAYS). But this, combined with some positive newsflow regarding… Continue Reading…

Stocks

“Top Oil and Gas Penny Stocks for Q2 2021”

“Best Value Oil and Gas Penny Stocks These are the oil and gas penny stocks with the lowest 12-month trailing price-to-earnings (P/E) ratio. Because profits can be returned to shareholders in the form of dividends and buybacks, a low P/E ratio shows… Continue Reading…

Economy, Predictions, Opinions, & Comments

“Beauty and bargain retail could be the biggest winners in 2021, Wells Fargo predicts”

“Beauty and bargain retail are poised to be the biggest winners in 2021 as consumers return to brick-and-mortar stores and get comfortable socializing again, according to a new survey by one investment firm. Wells Fargo’s retail team recently polled 1,000… Continue Reading…

Stocks

“Top Airline Stocks for Q2 2021”

“Best Value Airline Stocks These are the airline stocks with the lowest 12-month trailing price-to-earnings (P/E) ratio. Because profits can be returned to shareholders in the form of dividends and buybacks, a low P/E ratio shows you’re paying less for each dollar… Continue Reading…

Precious Metals

“Top Copper Stocks for Q2 2021”

“Best Value Copper Stocks These are the copper stocks with the lowest 12-month trailing price-to-earnings (P/E) ratio. Because profits can be returned to shareholders in the form of dividends and buybacks, a low P/E ratio shows you’re paying less for each dollar… Continue Reading…

Economy

“India could be back as the world’s fastest growing economy this year”

“After plunging into recession for the first time in nearly a quarter of a century, India’s economyshouldcome roaring back to life in 2021.India’s gross domestic product is projected to expand by 12.6% during the country’s fiscal year starting in April, according toa… Continue Reading…