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Economy

“Average LA County gas price rises for 47th time in 48 days”

“The average price of a gallon of self-serve regular gasoline in Los Angeles County rose Monday for the 27th consecutive day and 47th time in 48 days, increasing a half-cent to $3.813, its highest amount since Dec. 3, 2019. The… Continue Reading…

Stocks

“Stock market news… Stocks rise to reach record highs; Bitcoin prices spike”

“The Dow added more than 100 points, or 0.4%, to a fresh record high, and both the S&P 500 and Nasdaq also reached record intraday levels… Investor optimism over another round of fiscal stimulus out of Washington helped boost U.S.… Continue Reading…

Cryptocurrencies

“Bitcoin price rises as second-biggest cryptocurrency ether hits all-time high”

“Bitcoin’s price rose on Monday after a brutal sell-off that saw the virtual currency briefly dip below $30,000. Meanwhile, ether — the world’s second-biggest cryptocurrency — hit a fresh record high. Bitcoin rose more than 7.4% in the last 24 hours to trade… Continue Reading…

Stocks

“…Stocks rise as traders mull more stimulus prospects”

“Stocks rose Friday as investors looked ahead to another batch of expected stimulus under a unified Democratic government, which appeared increasingly likely after the Labor Department’s December jobs report showed the economy shed jobs in December. The Nasdaq and S&P 500 rose… Continue Reading…

Banking, Stocks

“Dividends and Buybacks Will Rise in 2021. These 13 Stocks Could Be Cheap Plays.”

“An improving economic backdrop, higher sales and earnings, and less of a need for companies to hoard cash could bring a surge in dividends and buybacks this year. Goldman Sachs analysts see S&P 500 dividends rising by 5% and buybacks climbing 15% in 2021…”… Continue Reading…

Cryptocurrencies

“JPMorgan says bitcoin could rise to $146,000 long-term as it competes with gold”

“In a note published Monday, JPMorgan made a bold long-term price target for bitcoin, claiming the red-hot cryptocurrency could rally as high as $146,000 as it competes with gold as an “alternative” currency. But, there’s a catch…” https://www.cnbc.com/2021/01/05/jpmorgan-bitcoin-price-could-rise-to-146k-as-it-competes-with-gold.html Just remember that in reality… Continue Reading…

Stocks

“…Stocks rise, S&P 500 and Nasdaq hit record highs as stimulus talks roll on”

“Stocks rose Thursday morning, with stimulus talks in Washington still at the center of investors’ attention. The Dow rose about 150 points, or 0.5%, while the S&P 500 and Nasdaq were each up at least 0.6% and touched record intraday… Continue Reading…

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…

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

“Peloton Shares Rise on Analyst’s Bullish Price Target”

“Peloton stock (ticker: PTON) has soared 470% in the past 12 months, giving the maker of interactive exercise equipment a market value of $37.9 billion. Baird analyst Jonathan Komp raised his target to $140 from $120 on Tuesday, arguing that… Continue Reading…