Economy, Stocks

“‘Big Short’ Investor Congratulates Market Dip Buyers. ‘I Was Wrong to Say Sell.’”

““Big Short” investor Michael Burry admitted Thursday that his bearish warning about the stock market earlier this year has so far been proven wrong by traders lining up to buy the dip. Burry is best known for his bet against… Continue Reading…

Business

“Target’s earnings take a huge hit as retailer sells off unwanted inventory”

“Target on Wednesday said its quarterly profit fell nearly 90% from a year ago, as the retailer followed through on its warning that steep markdowns on unwanted merchandise would weigh on its bottom line. The big-box retailer missed Wall Street’s expectations by a… Continue Reading…

Stocks

“Dow drops 200 points as stocks extend losses from Thursday’s sell-off”

“…The Dow dropped 260 points, or 0.8%. The S&P 500 lost 0.8%, while the Nasdaq Composite slid 0.8%. The tech-heavy index is now down roughly 25% from its record high last November. The moves came after stocks sold off sharply… Continue Reading…

Stocks

“…Stocks pare gains as market attempts comeback from the week’s sell-off”

“…The S&P 500 was up 0.8%, paring some gains after a jump of more than 1% at open, while the Dow Jones Industrial Average was up 0.6%. The tech-heavy Nasdaq Composite also pulled back to 0.8% above breakeven after climbing… Continue Reading…

Stocks

“Stocks dip as April sell-off continues, global slowdown fears loom”

“…Fear about a global economic slowdown loomed as Asian stock markets cratered Monday amid concerns about Covid case spikes in China. Oil prices declined and yields retreated on the fears. Wall Street is also bracing for a stacked week of earnings, including reports… Continue Reading…

Stocks

“Dow sheds 500 points amid growing risks, on pace for its worst sell-off since July”

“U.S. stocks began the week deeply in the red as investors continued to move to the sidelines in September amid several emerging risks for the market. The Dow Jones Industrial average lost 500 points, or 1.4%, set for its biggest… Continue Reading…

Stocks

“8 Top ‘Quality’ Stocks Win Over Investors Preparing For A Sell-Off”

“…Top Quality S&P 500 Stocks Members of Invesco S&P 500 Quality ETF up the most this year Name Ticker Stock YTD % Ch. 1-month % stock ch. Sector Fortinet (FTNT) 108.2% 1.8% Information Technology Generac Holdings (GNRC) 94.9 6.8 Industrials… Continue Reading…

Business

“Why PepsiCo just sold its Tropicana and Naked juice brands for $3.3 billion”

“PepsiCo announced it will sell Tropicana, Naked and other select juice brands to private equity firm PAI Partners. The company will net $3.3 billion in after-tax proceeds from the deal, and also retain a 39% stake in the newly formed joint venture. Johnston… Continue Reading…

Economy, Real Estate

“Nearly half of Americans selling their homes don’t plan to buy another: Here’s what they’re doing instead”

“The housing market is red-hot and showing few signs of slowing down. Home prices were at a median $386,888 in June, according to Redfin, up 24% since last June. And demand is high: The average house lasted just 14 days on the market,… Continue Reading…

Predictions, Opinions, & Comments

Long Term Investors Do NOT Sell Your Cryptocurrency!

I’m going to keep this short and sweet. Do not do this long term investors. You will be sorry later. Once you sell people who want bitcoin will buy it on discount. Do not panic sell because of a dip.… Continue Reading…