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Economy

“Weekly jobless claims tumble to lowest level in more than a year”

“First-time claims for unemployment insurance unexpectedly fell sharply last week amid signs that hiring has picked up in the U.S. economy, the Labor Department reported Thursday. Claims totaled 684,000 for the week ended March 20, the first time the number… Continue Reading…

Stocks

“Raymond James Says These 3 Stocks Could Surge Over 100% From Current Levels”

“Catalyst Biosciences (CBIO)… Other analysts don’t beg to differ. With 3 Buy ratings and no Holds or Sells, the word on the Street is that CBIO is a Strong Buy. At $19.33, the average price target implies 303% upside potential… Continue Reading…

Stocks

“Nikola Stock Will Surge 70% From Current Levels, Says Analyst”

“Coster remains positive on Nikola and keeps an Overweight (i.e. Buy) rating along with a bullish $41 price target. The analyst, therefore, expects shares to add nearly 70% from current levels… Nikola appears to be the subject of much head… Continue Reading…

Stocks

“J.P. Morgan Says These 3 Stocks Could Surge Over 100% From Current Levels”

“NexTier Oilfield Solutions (NEX)… Similarly, the rest of the Street is getting onboard. 6 Buy ratings and 2 Hold assigned in the last three months add up to a Strong Buy analyst consensus. In addition, the $3.70 average price target… Continue Reading…

Stocks

“Oppenheimer: 3 Stocks That Could Surge Over 100% From Current Levels”

“MediWound Ltd. (MDWD)… To this end, DeGeeter rates MDWD an Outperform along with a $7 price target. Should his thesis play out, a potential twelve-month gain of 117% could be in the cards… UroGen Pharma (URGN)… To this end, Gershell… Continue Reading…

Investing

“Number of Investors Hedging Against Market Collapse Hits Record Levels”

“As market volatility appears to be reaching extreme levels once again, similar to what we saw toward the end of 2018, a large number of investors worth a collective $588 Billion are now hedging their portfolios. A Bank of America… Continue Reading…

Predictions, Opinions, & Comments, Stocks

High Volume Trading: What’s A Sustainable Level?

I’m starting to invest a fair amount in stocks recently. In doing so I’m starting to notice a bit more lag time in buying and selling stock. This makes me wonder how popular does a stock have to be if… Continue Reading…

Economy

“Economy added 263,000 jobs in April, unemployment falls to lowest level since 1969”

The economy added a healthy 263,000 jobs in April, firmly beating analyst expectations of 190,000, according to Friday’s monthly snapshot from the Department of Labor… The nation’s unemployment level fell to 3.6 percent, the lowest since December 1969, and average… Continue Reading…

Economy

“US weekly jobless claims drop to the lowest level since 1969”

“The number of Americans filing applications for unemployment benefits dropped to a 49-1/2-year low last week, pointing to sustained labor market strength that could temper expectations of a sharp slowdown in economic growth. Initial claims for state unemployment benefits fell… Continue Reading…

Economy

“Federal Spending Hits Highest Level Since Bank Bailout and Obama Stimulus”

” The federal government spent $1,822,712,000,000 in the first five months of fiscal 2019, the most it has spent in the first five months of any fiscal year since 2009, which was the fiscal year that outgoing President George W.… Continue Reading…