September 27, 2021
“Just two stocks in the S&P 500, consumer staples firm Lamb Weston (LW) and financial MarketAxess Holdings (MKTX), topped the index in each of the past three fall seasons, says an Investor’s Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith…… Continue Reading…
September 8, 2021
“…“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…
August 9, 2021
“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…
July 6, 2021
“Nintendo on Tuesday announced a new version of its popular Switch game console. The new model has a larger and more colorful screen and will be available on Oct. 8 for $349.99. That price is a premium over the $299.99 for the… Continue Reading…
June 28, 2021
“Our call of the day, from strategists Barry B. Bannister and Thomas R. Carroll at the equity trading desk of investment bank Stifel, is that the S&P 500 is heading for an 11% pullback while bitcoin could fall to $12,000… A… Continue Reading…
May 13, 2021
“The price of dogecoin fell sharply Thursday morning, sliding below 40 cents per coin, after Tesla CEO and crypto booster Elon Musk announced that the automaker was suspending the use of bitcoin in payments over environmental concerns. Musk, whose car company holds billions… Continue Reading…
March 11, 2021
“Hiring actually began to pick up in February, according to last Friday’s jobs report, which showed that employers added 379,000 jobs, the most since October, while the unemployment rate fell to 6.2%, from 6.3%. While the economy still has 9.5… Continue Reading…
January 4, 2021
“Stocks fell on Monday, the first trading day of 2021, following a wild but highly profitable year for investors. The Dow Jones Industrial Average traded 412 points lower, or 1.4%. The S&P 500 dipped 1.1%, and the Nasdaq Composite slid… Continue Reading…
December 14, 2020
“The payments processor said total spending decreased 10% on a constant dollar basis, and the number of processed transactions tumbled 13% from a year earlier. Cross-border volume slid 47% as the continuing global pandemic continued to hurt travel demand…” https://finance.yahoo.com/news/visa-profit-falls-23-payment-202056696.html… Continue Reading…
September 10, 2020
“There were more than 15,000 empty rental apartments in Manhattan in August, up from 5,600 a year ago, according to a report from Douglas Elliman and Miller Samuel. The inventory of empty units is the largest ever recorded since data… Continue Reading…
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