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Economy, Personal Finance

“The wealthiest 10% of Americans own a record 89% of all U.S. stocks”

“The wealthiest 10% of Americans now own 89% of all U.S. stocks, a record high that highlights the stock market’s role in increasing wealth inequality. The top 1% gained over $6.5 trillion in corporate equities and mutual fund wealth during the Covid-19… Continue Reading…

Economy, Predictions, Opinions, & Comments, Stocks

“Dow sheds 400 points as investors ditch technology stocks, Nasdaq drops 2%”

“The Dow Jones Industrial Average fell about 430 points, despite a large gain in Merck. The S&P 500 shed 1.2%. The technology-focused Nasdaq Composite was the relative underperformer, dipping roughly 2%. Large tech shares like Apple, Nvidia, Amazon and Microsoft were lower as investors eyed bond… Continue Reading…

Economy, Stocks

“Slow Motion Deterioration: Some Shares Down 20% or More”

“EDITOR NOTE: A stock market crash that some experts are predicting calls to mind a sudden, catastrophic event. A recent CNBC report suggests it this drop may already be happening, but at a slower, steadier pace than in the past.… 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

“Goldman Sachs Sees These 2 Stocks Surging Over 70%”

“Dole Plc (DOLE)… Overall, the recent analyst reviews on DOLE, breaking down to 3 Buys, 1 Hold, and 1 Sell, give the stock a Moderate Buy consensus rating. Shares are priced at $14.87 and the average price target of $19.60 implies… Continue Reading…

Stocks

“5 Stocks To Watch For September 13, 2021”

“Some of the stocks that may grab investor focus today are: Wall Street expects Oracle Corporation (NYSE: ORCL) to report quarterly earnings at $0.97 per share on revenue of $9.77 billion after the closing bell. Oracle shares fell 0.1% to $89.64 in after-hours… Continue Reading…

Stocks

“Stocks correction of 5%-10% likely by year-end: Deutsche survey”

“…An equity market correction of 5%-10% by the end of the year was the overwhelming consensus in a September market sentiment survey published by Deutsche Bank on Monday. According to the report, conducted from September 7-9 and covering over 550… Continue Reading…

Economy, Stocks

“Chinese Tech Stocks Are Tumbling Again…”

“It’s happened again. Chinese tech stocks are getting hammered after Beijing summoned a number of gaming companies, including Tencent and NetEase, over new rules on the sector. The companies were told to put an end to the “solitary focus of pursuing profit” and understand the… 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…

Stocks

“Stocks may fall 15% by year-end, warns Morgan Stanley. Here are some portfolio moves investors might consider.”

“…“The issue is that the markets are priced for perfection and vulnerable, especially since there hasn’t been a correction greater than 10% since the March 2020 low,” said Lisa Shalett, chief investment officer of Morgan Stanley Wealth Management, in a… Continue Reading…