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Stocks

“Wall Street rebound accelerates as Dow jumps more than 500 points”

“Stocks jumped on Monday, the first trading day of the month, as markets tried to recover from a brutal week and month ahead of the U.S. presidential election. The Dow Jones Industrial Average traded 448 points higher, or 1.7%. The… Continue Reading…

Cryptocurrencies, Investing

“Bitcoin prices surge to highest since 2018 — here’s why”

“PayPal said that users on its platform will be able to purchase bitcoin  BTCUSD, 0.73%, as well as other sister cryptos like ethereum ETHUSD, 4.79%,  bitcoin Cash BCHUSD, 5.59%  and Litecoin LTCUSD, 4.24%.   That news has helped to drive the value of bitcoin to just under $13,000, marking its highest level since around January… Continue Reading…

Business, Stocks

“Ford Motor Q3 China Sales Rise 25%, Biggest Jump Since 2016; Target Price $10 in Best Case”

“Ford Motor Co, an American multinational automaker, said its vehicle sales climbed 25% in the third quarter of this year, the biggest year-over-year increase since 2016, as demand gradually recovered… Ford and its joint ventures, Changan Ford, JMC and Ford… Continue Reading…

Stocks

“Why Hertz Global’s Stock Is Up 90%”

“Hertz Global (NYSE: HTZ) shares are trading higher on Friday after the company announced it secured commitments of $1.65 billion in debtor-in-possession financing… Hertz Global shares traded up 97.57% to $2.04 on Friday. The stock has a 52-week high of $20.85 and… Continue Reading…

Stocks

“These 2 Penny Stocks Could Rally All the Way to $11, Says Cantor”

“Rockwell Medical (RMTI) With the goal of transforming iron deficiency and anemia management in a wide variety of therapeutic areas, Rockwell Medical works to improve the lives of patients all over the world. Given the strength of its technology and… Continue Reading…

Banking, Economy

“U.S. Treasury yields rise after strong China economic data”

“What are Treasurys doing? The 10-year Treasury note yield TMUBMUSD10Y, 0.681% rose 1.2 basis points to 0.681%, while the 2-year note rate TMUBMUSD02Y, 0.137% was steady at 0.139%. The 30-year bond yield TMUBMUSD30Y, 1.425% added 2.1 basis points to 1.429%. Bond prices move in the opposite direction of yields.… Continue Reading…

Stocks

“7 Nasdaq Stocks You Need To Buy Before They Bounce Back Up”

“With the sector finally in a correction, it’s time to start loading up on these seven Nasdaq stocks to buy: Avalara (NASDAQ:AVLR) Duck Creek Technologies (NASDAQ:DCT) ZoomInfo (NASDAQ:ZI) Cisco (NASDAQ:CSCO) Datadog (NASDAQ:DDOG) Costco (NASDAQ:COST) Nasdaq (NASDAQ:NDAQ) While there will be some slowdown in this trend as the… Continue Reading…

Stocks

“Wells Fargo: 3 Stocks That Could Climb Over 50%”

“Houghton Mifflin (HMHC)… Based on all of the above, Warmington rates HMHC an Overweight along with a $5 price target. Should his thesis play out, a potential twelve-month gain of 121% could be in the cards… Gap (GPS)… It should… Continue Reading…

Banking

“TREASURIES-Yields climb after August jobs report”

“U.S. Treasury yields shot higher on Friday, propelled by a drop in the August unemployment rate and ahead of a big burst of supply next week. The benchmark 10-year yield was last up 9.1 basis points at 0.7131%. The U.S.… Continue Reading…

Economy

“Payrolls increase by nearly 1.4 million as the unemployment rate tumbles”

“Nonfarm payrolls increased by 1.37 million in August and the unemployment rate tumbled to 8.4%… An alternative measure that includes discouraged workers and those holding part-time jobs for economic reasons also fell, down to 14.2% from 16.5% in July and… Continue Reading…