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Business, Stocks

“J.C. Penney in danger of being booted from New York Stock Exchange”

February 3, 2020

“Shares are required to maintain an average closing price of at least $1 over a 30-trading day period. The company has six months to regain compliance… J.C. Penney shares have plunged more than 93 percent since March 2016 amid changing consumer… Continue Reading…

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Stocks

“Amazon soars after huge earnings beat”

January 31, 2020

“Shares of Amazon climbed as much as 11% in extended trading on Thursday after smashing earnings expectations for the fourth quarter. The company’s market cap surged above $1 trillion after hours on the back of the powerhouse earnings report. In doing so, it joined Apple, Alphabet and Microsoft,… Continue Reading…

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Economy, Stocks

“Stocks Pare Losses on Earnings Amid Virus Angst: Markets Wrap” [Plus Where To Invest]

January 30, 2020

“Stocks pared losses, with strong corporate earnings bolstering confidence in the U.S. economy even as investors remain concerned that the spread of the coronavirus will derail the global recovery. The S&P 500 retreated for a second day, trimming its January… Continue Reading…

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Stocks

“Chesapeake Energy’s stock bounces sharply off 26-year low after production update”

January 29, 2020

“Shares of Chesapeake Energy Corp. CHK, +7.87% soared 8.3% in premarket trading Wednesday, to bounce off the previous session’s 26-year low, after the oil and gas company provided a preliminary fourth-quarter production update… Chesapeake said it eliminated $900 million in debt, reduced expenses… Continue Reading…

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Stocks

“Dow closes more than 450 points lower as coronavirus fears rise”

January 28, 2020

“The Dow lost 453 points, wiping out the average’s gains for the year. The 30-stock average also notched its biggest one-day fall since October, along with its longest losing streak since August. The S&P 500 dropped 1.6%, snapping a 74-session… Continue Reading…

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Stocks

“Worried About a Stock Market Downturn This Year? Here’s What to Do”

January 27, 2020

“1. Have a solid emergency fund The one thing you need to remember about a stock market downturn is that you don’t lose money until you actually sell your investments at a loss. Imagine you buy a given stock at… Continue Reading…

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Economy, Investing

“Current Market Climate Leads Analysts to Predict Gold Explosion “

January 27, 2020

“… gold a solid investment right now, but it could be poised for an explosion. Jensen thinks that the upward trajectory for gold could be immense. He thinks that gold could be poised for a 30% or more rally and end up… Continue Reading…

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Business, Stocks

“Tesla Tops $100 Billion as Record Run Lifts Market Value Past Volkswagen”

January 23, 2020

“After topping the combined value of Ford and GM earlier this month, Tesla is set to overtake Volkswagen as the second most-valuable carmaker in the world as a record run in shares lifts Elon Musk’s company past the $100 billion… Continue Reading…

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Investing, Stocks

“Wealthy investors see nothing that will stop this relentless bull market”

January 20, 2020

“…“Investors are more open to risk taking at this point,” said Mike Loewengart, vice president of investment strategy at E-Trade. “If the environment is encouraging and conducive to additional gains, they want to be part of it.” Twenty-nine percent of… Continue Reading…

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Economy, Stocks

“Man who made a killing during financial crisis says that, at some point, the stock market will slow down — but, till then, ‘I love riding a horse that’s running’”

January 18, 2020

“Tepper’s bull thesis appears to be the equivalent of the oft-used Wall Street investing mantra: Don’t fight the tape. He tells CNBC that “at some point, the market will get to a level that I will slow down that horse and… Continue Reading…

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