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Market News

Location American Market News for 15 June 2020

Top Consumer Stocks For June

Forbes - 15 Jun 2020 19:32
Top Consumer Stocks For June Despite being deemed "non-essential," many discretionary stocks have seen healthy to significant gains over the past six months. Our AI has compiled a list of stocks that have been ranked the top consumer discretionary s...
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Oil Prices Slide on Renewed Demand Concerns

Wall Street Journal - 15 Jun 2020 16:07
Oil prices fell, sliding for the third consecutive session with traders worried that a rise in global coronavirus cases will further weaken demand for fuel.
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In China, banks and internet lenders trying to collect on a growing pile of overdue credit-card bills and personal loans are resorting to sometimes aggressive tactics to get borrowers to repay.
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Electricity Looking Hot, Hot, Hot in Texas

Wall Street Journal - 15 Jun 2020 13:00
Texas is expected to be one of the only major U.S. power markets with higher electricity demand this summer, which bodes for an exciting few months for some energy companies.
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Has Wheaton Precious Metals Stock Peaked?

Forbes - 15 Jun 2020 12:00
Has Wheaton Precious Metals Stock Peaked? Despite a 58% rise in Wheaton Precious Metals' stock from its March lows of this year, at the current market price of $38, we believe WPM has already reached its near term potential. WPM's stock has rallied from $24 as o...
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Investors Approaching Retirement Face Painful Decisions

Wall Street Journal - 15 Jun 2020 11:30
Individuals on the cusp of retirement now face perhaps one of the most difficult investing decisions they will make in their lifetimes: whether to wait out a potentially long rebound or exit the stock market altogether.
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Intel A Top Buy After Recent Dip In Stock

Forbes - 15 Jun 2020 23:14
Intel A Top Buy After Recent Dip In Stock No matter how strong a hunch you have, betting real money on your gut instinct isn't a wise financial decision. This is where our deep learning AI (artificial intelligence) comes into play. Our AI analyzes has analyzed t...
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Is Manulife Financial Stock Oversold At $14? After a 54% rally off the March bottom, Manulife Financial's stock (NYSE: MFC) seems to still have some room to grow based on its historic PE multiples. Manulife Financial's stock has rallied from $9 to $14 off the recen...
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Strategies To Protect Your Portfolio From Potential COVID-19 Resurgence With the recent volatility and equity uncertainty, investors will start seeking real diversification. Given the current COVID-19 concerned environment, these put strategies are worth trying out.
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AT&T Shares Cross 7% Yield Mark

Forbes - 15 Jun 2020 21:16
AT&T Shares Cross 7% Yield Mark In trading on Monday, shares of AT&T were yielding above the 7% mark based on its quarterly dividend (annualized to $2.08), with the stock changing hands as low as $29.52 on the day.
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Snag This Bargain Energy Stock Even Cheaper Than Director Seaton Did There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on May 13, ConocoPhillips' Director, David Thomas Seaton, invested $98,472.00 i...
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Fed Will Amass Corporate Bond Portfolio Using Index Approach

Wall Street Journal - 15 Jun 2020 20:58
The central bank announced a buying scheme to complement existing purchases in exchange-traded funds.
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Top ETFs To Buy As Dow Recovers From Last Week's Selloff With the Fed's expansion on the stimulus bill, things are starting to look up as we enter a new week. Our deep learning algorithms have used AI to identify which ETFs are worth buying and selling this week.
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Why Diversity Matters In The World Of Finance Diversity of the workforce brings the diversification of human capital.
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Insurance regulator's benefit-based plan doesn't address high treatment costs.Clarity is awaited on its pricing and the waiting period. Also, experts say the sum assured may be inadequate
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Stay Away From Hertz Stock

Forbes - 15 Jun 2020 19:21
Stay Away From Hertz Stock Hertz did file for Chapter 11 bankruptcy protection from the U. S. Bankruptcy Court in Wilmington, Delaware on May 22nd, and that should be the end of the story.
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The Math Is On Investors' Side

Forbes - 15 Jun 2020 19:01
The Math Is On Investors' Side Last Thursday, the market sold off close to 6 percent, its worst one-day trading session since March 16. The only stock to end in the black was Kroger, essentially flat at 0.4 percent.
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Debt MF categories need to be revised as the system has gone through a lot of changes
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These Unemployment Benefits Will End Next Month Goodbye to this unemployment benefit.
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An NRI is required to file ITR if the gross taxable income exceeds the maximum amount not chargeable to tax.The taxable value of a residential house situated in India may be considered as 'nil' in case of a self-occupied...
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Top Stocks To Buy On Robinhood Following Last Week's Market Correction Investing is not speculating, and some of these call options is a gamble, at best. Our deep learning algorithms study large amounts of alternative data and process it with AI technology to provide you with these Top Buys...
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Treasury Yields Decline on Concerns About Economic Recovery

Wall Street Journal - 15 Jun 2020 18:33
U.S. Treasury bond yields fell Monday as investors sought safety in haven assets amid signs that renewed coronavirus outbreaks could hold back the economic recovery.
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