The stock market has bounced around quite a bit this week, up on Monday, and then down on Tuesday, Wednesday and again today. The reality is the market continues to oscillate, which is why stocks will be up one day and then down the next. This is the oscillating market I have referred to several
After a bullish year of big gains for growth investors, market jitters have set in. The U.S. 10-year Treasury yield recently reached a 52-week high, now sitting above 1.7%. In January 2017, that yield was over 2.5%, and economists are debating whether we’ll soon see a return to those levels. But despite occasional pullbacks in
A man looks at GameStop at 6th Avenue on February 25, 2021 in New York. John Smith | Corbis News | Getty Images GameStop snapped a five-day losing streak with a significant surge on Thursday, as shares of the retail company rose roughly 50% and showed that their wild swings are not yet over. The
Jason Kempin | Getty Images Entertainment | Getty Images Check out the companies making headlines in midday trading. GameStop — Shares rose 31% in midday trading as the volatile video game retailer stock looked to snap a losing streak and curb steep losses from the prior session. GameStop, which reported fourth-quarter earnings on Tuesday, is
Cryptocurrency Hard Forks vs. Airdrops: An Overview If you’ve followed the cryptocurrency world for even a short time, it’s likely that you’ve heard both the terms hard fork and airdrop come up before. Perhaps you’ve even seen the totals in your digital currency wallet increase for no apparent reason at all and then discovered it was
Planning your tactical buys during market corrections is critical to execution and long-run success
When the coronavirus first touched down uninvited onto our country, one of the worst-hit sectors was retail stocks. This of course is no surprise to anyone with a functioning brain cell. At the time, we didn’t know much about the new virus — and clearly, there’s much to learn. Therefore, when state governments imposed lockdown
Luckin Coffee (NASDAQ:LKNCY) just announced that it might exit bankruptcy if it can raise capital and secure an agreement to a new restructuring deal. This came to light in an announcement by the company on Mar. 16. It was a very important release since it had some good news for Luckin stock owners. Source: Ploy
At the end of January, I recommended that investors looking to avoid the “dizzying valuations” that many tech names had reached consider fiber optic names, which could also be classified as 5G stocks. I pointed out that, “In a sense, the fiber optics sector is an obscure group within a partially forgotten catalyst” of 5G.
An RS1 rocket booster undergoes acceptance testing. ABL Space Rocket builder ABL Space closed a $170 million round of funding, the company announced on Thursday, making it the latest private space venture to reach the unicorn valuation mark. ABL raised the funds from T. Rowe Price and Fidelity Management, as well as a third unnamed
Take a look at some of the biggest movers in the premarket: Rite Aid (RAD) – Rite Aid expects to report a loss for its just-concluded fiscal year, compared to analysts’ forecasts of a $125 million profit. The drugstore chain was hit by a 37% drop in sales of cold, cough and flu-related products, as
Opendoor (NASDAQ:OPEN) has jumped 150% since its June IPO. With a market cap of over $16 billion, Opendoor is now valued more than online real estate competitor Redfin (NASDAQ:RDFN) and nearly half of Zillow (NASDAQ:Z). But despite a red-hot housing market, I’m not chasing OPEN stock. In fact, I think it’s heading for a blow-up
There aren’t many better growth stories in the market than The Trade Desk (NASDAQ:TTD). But the TTD stock price suggests investors have forgotten that fact. Source: Shutterstock/ Bella Melo From December highs, the stock has fallen more than 25%. It’s down 15% in just the last four weeks. There are some reasons why. The biggest
Red-hot Ocugen (NASDAQ:OCGN) stock has cooled off a bit lately. Right now, it appears that investors in OCGN stock are in wait-and-see mode. What are they waiting for? A few key catalysts that could take this stock much higher. Source: luchschenF / Shutterstock.com Indeed, shares of the pre-clinical biopharmaceutical company have traded sideways over the past
A Fidelity Investments location in New York. Scott Mlyn | CNBC Fidelity Investments is preparing to launch its own bitcoin fund as the investment giant works to cement its clout in the market for digital assets and virtual currency. FD Funds Management, a subsidiary of Fidelity, said on Wednesday that it plans to provide financial
It was a bad day for Cathie Wood. And it was a very strange trading day. For weeks, stocks have been held hostage to Treasury yields, particularly the 10-year. As yields moved up, stocks, particularly high-multiple megacap stocks, moved down. If yields dropped, tech rallied. That relationship has broken down. Yields have been down three
Pedestrians cross a street in front of a Rite Aid store in Oakland, California. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell on Wednesday: KB Home – Shares of the homebuilding company slid 3% after the company reported mixed fiscal first-quarter results. KB home reported earnings
A Roth IRA is a terrific way to save for retirement. While you don’t get an upfront tax break, your contributions and earnings grow tax-free. And when you later take qualified distributions, they’re tax-free too. If you expect to be in a higher tax bracket in retirement than you are now or if you just don’t
Ryan McQueeney discusses why he is playing it safe in the Income Investor portfolio with his two latest additions: MPLX LP (MPLX) and Dominion Energy (D). On top of their strong dividends, what makes these stocks a smart play right now Dominion Energy: https://www.zacks.com/stock/quote/D?cid=CS-YOUTUBE-FT-VID MPLX: https://www.zacks.com/stock/quote/MPLX?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter:
Meme stocks continue to be the talk of the town. Investors looking to make a quick profit have piled into names such as Naked Brand Group (NASDAQ:NAKD) lately. Indeed, NAKD stock has taken investors on quite the ride this year. Source: Tinseltown / Shutterstock.com The shares of the New Zealand-based retailer have still soared 400% for