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Fed should do ‘nothing’: Mohamed El-Erian Allianz chief economic adviser Mohamed El-Erian discusses his outlook for the Fed and the economic recovery and a European banking mega deal. U.S. equity futures are pointing to a higher open ahead of the Wednesday trading session, which will include the release of new economic forecasts from the Federal […]
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America and the rest of the world is getting ready for a vaccine that will help protect public health against the COVID-19 pandemic. The societal impact of the coronavirus has changed many lives, and it has led to more than 6 million cases and over 184,000 deaths in the United States alone. The coronavirus has […]
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Gartman: Tesla stock surge reminds me of dot-com era’s now defunct businesses Dennis Gartman of the University of Akron Endowment Investment Committee on Tesla and Apple stocks, the price of gold and his investing tips ahead of the presidential election. Stock splits at Apple and electric-car maker Tesla may spur further gains for both companies by making their shares […]
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Kudlow: US economy will come back ‘roaring’ National Economic Council Director Larry Kudlow discusses coronavirus economic and employment recovery, U.S.-China relations and the Trump administration’s efforts to rebuild the economy, and also responds to economist Paul Romer calling him a liar. U.S. equity futures are trading mixed ahead of the Wednesday session on Wall Street. […]
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Cerner Corporation (CERN), a health care information technology solutions company, is poised for a double-digit move in the coming weeks. Its price chart shows that the stock has been consolidating for a few months now, creating an ascending triangle pattern. That's where our expectations of a double-digit breakout come from. With clear support and resistance […]
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Apple becomes first US company to hit $2T valuation mark Apple makes history as the first U.S. company to reach a $2 trillion market cap. The Dow Jones Industrial Average will look a lot different when the market opens for trading on Monday, August 31st. Continue Reading Below Ticker Security Last Change Change % I:DJI […]
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Apache oil stock will soar if Trump wins election: Todd Horowitz The Bubba Trading Show’s Todd ‘Bubba’ Horowitz shares his stock market picks. U.S. stock futures wobbled Monday as fears of heightened geopolitical tensions and delays to a fresh tranche of fiscal support weighed on confidence, signaling a muted start to August. Continue Reading Below […]
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Tesla sells out of limited edition short shorts Tesla CEO Elon Musk released limited edition red satin short shorts with a price tag of $69 each; they sold out within minutes. A meteoric rise in Tesla’s stock has left doubters licking their wounds and scrambling to cover losing bets that the electric-car maker’s share price would […]
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Six Flags Entertainment Corporation (SIX) shares rose 5% during pre-market trading on Thursday before giving up ground later in the session. Janney Montgomery Scott upgraded Six Flags stock from Hold to Buy with a $30 fair value estimate, citing its attractive valuation and the diversity and exposure of its end markets. Analyst Tyler Batory thinks […]
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Trump: American economy will come back strong President Trump says while the unemployment rate was at a record low and the stock market was soaring before coronavirus hit the nation, he is confident the economy will gain ground in the third quarter. U.S. equity futures are pointing to a lower open, the day after Wall […]
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