July 12, 2022
“…The S&P 500 has been higher three years later in eight out of nine cases in which the index has fallen 20% or more from an all-time high going back to 1957, according to research from Truist co-chief investment officer Keith… Continue Reading…
May 13, 2020
“Carriers’ stocks have tanked in response. Warren Buffett recently revealed that Berkshire BRK.A, -1.37% had sold off all of its holdings in the airline sector, including stock in Delta DAL, -6.99%, American Airlines AAL, -6.94% and Southwest LUV, -5.76%. Boeing BA, -3.21% Chief Executive David Calhoun suggested that a major airline will “most likely” go under… Continue Reading…
October 4, 2019
“Dow Jones Industrial Average rallies 369 points The Dow closed 372.68 points higher, or 1.42% at 26,573.72. The S&P 500 gained 1.42% to close at 2,951.01. The Nasdaq Composite advanced 1.4% to 7,982.47. Friday’s gains came after the latest U.S. jobs report hit the sweet spot… Continue Reading…
July 1, 2019
” Summary Reverse stock splits tend to be blood in the water for traders looking to short a company. While there are many reasons to conduct a reverse stock split, falling share prices and market price requirements tend to be… Continue Reading…
March 13, 2019
“More than three-quarters of business economists expect the U.S. to enter a recession by the end of 2021, though a majority still estimate the Federal Reserve will continue raising interest rates this year. Ten percent saw a recession beginning this… Continue Reading…
March 11, 2019
“…most companies (if given the choice) prefer Chapter 11 to other bankruptcy provisions such as Chapter 7 and Chapter 13, which cease company operations and lead to the total liquidation of assets to creditors. Filing for Chapter 11 gives companies one last… Continue Reading…
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