Buck Bully
[CNBC] KEY POINTS “I’m sick and tired of hearing that we’re in a bubble, that the Fed’s overinflating the price of stocks by printing money to keep the economy moving,” CNBC’s Jim Cramer said. “Believe it or not, there’s more to the economy than just the Federal Reserve, and there’s […]
[Barrons, Bloomberg] The dollar has been weakening in recent months and currency strategists see more declines ahead. That could call for a different playbook for investors, including more foreign holdings. In a note to clients on Monday, Goldman Sachs ’s currency strategists forecast a 5% weaker dollar in trade-weighted terms during the next […]
[The Motley Fool, Getty Images] Two of the three ranked as big winners in the first half of the year. A lot could change for the cannabis industry over the next six months. In Canada, the new cannabis derivatives market could pick up momentum — or not. In the U.S., […]
[Business Insider] Cryptocurrency exchange Coinbase has started planning for a stock market listing that could take place as soon as this year, Reuters reported Thursday, citing sources familiar with the matter. If the Securities and Exchange Commission signs off on the listing, Coinbase could become the first publicly traded cryptocurrency marketplace. The […]
[CNBC, Reuters] U.S. stock futures recovered from an earlier decline on Sunday night as coronavirus cases continue surging in the U.S., stoking concerns about the economic reopening and recovery. Dow Jones Industrial Average futures traded 65 points higher. S&P 500 futures and Nasdaq-100 futures also traded in positive territory. Earlier […]
[CNBC] CNBC’s Jim Cramer broke down chart analysis from veteran stock trader Larry Williams to make a case for trading the S&P 500 ahead of the July 4 holiday. “I think this Fourth of July trade from Larry Williams makes a lot of sense, as long as you’re disciplined about […]
[CNBC] “I love a nice, clean story as much as the next guy, but confusing situations like Salesforce and Costco … often make for the best long-term opportunities,” CNBC’s Jim Cramer said. “And in both cases, history tells me that you’ve gotta buy them when they’re weak,” he said. Salesforce and Costco both […]
[MarketWatch, Getty Images] Netflix selloff comes as HBO Max launches, stocks boosted by coronavirus-related lockdown measures pull back Shares of Netflix Inc. fell again Wednesday, putting them on track for the longest losing streak since last summer, as the launch of the rival HBO Max service and investor optimism over […]
[Forbes] TOPLINE Here are 20 stocks that stand to benefit from having so many people staying at home amid the coronavirus pandemic, according to Olivetree Financial. KEY FACTS Olivetree assigns a sentiment score to each stock in its list: A score of 50% is neutral, whereas one closer to 100% […]
[CNBC, Getty Images] Dow Jones Industrial Average falls 390 points The Dow slid 390.51 points, or 1.59%, to 24,206.86. The S&P 500 fell.1.05% to close at 2,922.94. The Nasdaq Composite advanced 0.54% to 9,185.10. Wall Street took a breather on Tuesday following a massive rally in the previous session. Mnuchin, Powell testify Investors turned their attention to Washington […]