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Market News

Location American Market News for 9 June 2020

Individuals Roll the Dice on Stocks as Veterans Fret

Wall Street Journal - 9 Jun 2020 21:59
Stuck at home with few entertainment options, more newbies turn to shares; 'it's like a gambling game.'
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Ex-Div Reminder For Williams

Forbes - 9 Jun 2020 16:29
Ex-Div Reminder For Williams On 6/11/20, Williams will trade ex-dividend, for its quarterly dividend of $0.40, payable on 6/29/20. As a percentage of WMB's recent stock price of $21.11, this dividend works out to approximately 1.90%
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7 Reasons To Not Get Excited About May's Jobs Report While May's job report had some good news with 3 million private industry jobs being created, there are still 18 million more people unemployed and other metrics indicate how hard it will be to recover them.
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Oil Drops on Renewed Oversupply Concerns

Wall Street Journal - 9 Jun 2020 16:26
Oil prices edged lower, declining for the second consecutive session with some traders concerned that fuel demand won't rebound as quickly as anticipated.
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Discretionary Stocks Are Making a Comeback

Wall Street Journal - 9 Jun 2020 23:37
New winners and losers have emerged in the stock market as states continue to reopen and consumers venture out after weeks of diminished spending during the coronavirus shutdowns.
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Nasdaq Hits Record High As Amazon, Apple Shares Jump The market fell for the first time in seven days.
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Vroom Jumps in Public Market Debut

Wall Street Journal - 9 Jun 2020 21:57
Online automobile seller Vroom's shares soared in its first day of trading, adding its name to a list of companies that had strong public showings in the past few weeks.
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DXCM Could Bounce Back Says Signal

Forbes - 9 Jun 2020 21:37
DXCM Could Bounce Back Says Signal DexCom stock just pulled back to a historically bullish trendline on the charts
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Apple May Only Chip Away at Its Costs

Wall Street Journal - 9 Jun 2020 20:42
Even with Apple's design prowess, ARM-based laptops have been a tough sell.
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When a division or a partition happens in a joint Hindu family, it becomes 'self-acquired' property in the hands of a family member who has received it
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North Korea Shuts Down All Communication With 'Enemy' South Korea South Korea said its calls to the North went unanswered on Tuesday.
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Countries Could Reimpose Lockdowns If Pandemic Rages On Reinstating lockdowns in the U.S. or Europe would crush the markets and the economy. Investors would demand even more Fed action.
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Day Traders Buy Until It Hertz

Wall Street Journal - 9 Jun 2020 18:37
An analyst politely reminded those buying shares of bankrupt rental-car company Hertz that it is worthless.
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Top Companies To Short As Nasdaq Surges To Record-Breaking Heights If you're looking to hedge your portfolio to protect some downside, or make some bets against high valuations, our deep learning algorithms have paired with our Artificial Intelligence ("AI") technology to produce some T...
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How To Play A Recovery In Oil Prices Without Buying USO I have made my aversion to USO quite clear, but how do I get my clients and my firm, Excelsior Capital Partners, exposure to real-time oil prices?
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Chesapeake Shares Halted After Insane Market Action; Bankruptcy Filing Believed Imminent Shares exploded 180% on Monday. A bankruptcy filing is expected anytime.
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Spreads have tightened in the junk-bond market as investors seeking better returns pour money into a market that has seen a dearth of new bond sales.
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Stimulus Check: Generous Second Round

Forbes - 9 Jun 2020 16:59
Stimulus Check: Generous Second Round American may still get another generous round of stimulus check because the US unemployment rate is likely to increase
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Irdai cited potential mis-selling, policyholders being confined to the same insurer and non-uniform no-claim bonus structure as the reasons for withdrawing the policies.
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Two Monthly Dividend Stocks Paying 6.8%+

Forbes - 9 Jun 2020 16:10
Two Monthly Dividend Stocks Paying 6.8%+ Monthly dividends line up nicely with our bills, something that's very helpful in a crisis like this one.
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The Debt-Recession Is Everyone's Business. How To Deal With It. Some U. S. households may actually be increasing their savings rates and lowering debt during the crisis, if they are not caught up in the forced unemployment that has stricken so many.
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Investors Step Up Pressure On Companies That Don't Disclose Environmental Risks Investors are becoming increasingly assertive and sophisticated in holding companies to account on climate, forest and water issues - and it is producing results.
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