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Market News

Location American Market News for 6 August 2020

Supply, Not Demand, Takes the Wheel at Carvana

Wall Street Journal - 6 Aug 2020 12:18
Compared with some of its brick-and-mortar peers, the e-commerce used-car seller Carvana faces an enviable problem: It has so much demand.
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Nintendo Flips the Switch on the Coronavirus

Wall Street Journal - 6 Aug 2020 13:21
Nintendo's latest quarter easily beat the most bullish forecasts, but its share price is lagging behind those of many rivals.
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Maximizing Your Portfolio Benefits Via Asset Allocation There are different strategies for asset allocation: Strategic Static, Endowment Style and Tactical Asset Allocation. Studies have touted that close to 90% of investment returns are determined by portfolio allocation. Wh...
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How To Parse Quarterlies On Amazon, Facebook And Microsoft You'd think corporations like Amazon with a market capitalization far north of a trillion bucks would publish quarterly reports of more than bare-bones numbers with zero interpretive commentary.
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You Should Give Value A Chance

Forbes - 6 Aug 2020 22:39
You Should Give Value A Chance Growth has been flying high and Value Investing hasn't worked in a while, but that's about to change.
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NYSE Owner Agrees to Buy Mortgage-Software Firm Ellie Mae

Wall Street Journal - 6 Aug 2020 22:34
Intercontinental Exchange, the owner of the New York Stock Exchange, said it would acquire mortgage-software firm Ellie Mae, a landmark bet by the exchange giant on the digitization of the U.S. mortgage industry.
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The Contrarian Investment Case For Russian Stocks Good investors know how to spot the opportunities, even when (especially when?) the headlines are telling them there are none. Those who snub Russian stocks for that very reason could be leaving money on the table.
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BlackLine CEO Therese Tucker, Rare Woman Founder Atop A Public Tech Company, Plans To Step Down BlackLine CEO Therese Tucker, who plans to move to an executive chair role on January 1, 2021, says: "We need more women CEOs of tech companies... it's disturbing we've made such little progress."
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Dow Jumps Nearly 200 Points, Nasdaq Hits Record High After Better-Than-Expected Unemployment Data Weekly unemployment claims fell to their lowest level since March.
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Three Major Issues Coming Up That Could Make Or Break The 2020 Stock Market Here are some catalysts investors should watch for until the end of the year.
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Dow Jumps 150 Points After Better-Than-Expected Unemployment Data Weekly unemployment claims fell to their lowest level since March.
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Trump Tweets: Keep Working On Executive Order For Payroll Tax Cuts, Student Loans, Evictions, Unemployment Benefits Will Trump's executive orders replace the stimulus package?
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We don't like to talk about making wills given social taboos, but it is an essential step to secure your loved ones.Keep your register of assets updated and your heirs in the loop to ensure smooth succession process
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If an immediate family member is made the nominee, then the proceeds will go to the intended person
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The nominee is only a custodian or trustee, and not the owner of the assets in most cases
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Stimulus Update: Does Student Loan Forgiveness Stimulate The Economy? Student loan forgiveness is top of mind for 45 million student loan borrowers, but will it really stimulate the economy?
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Top Stocks To Short Today As Unemployment Data Beats Expectations If you think that the market has come too far and the economic data points are going to turn, our deep learning algorithms paired with Artificial Intelligence ("AI") technology has you covered with several Top Shorts tod...
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Top Stocks To Buy Today As Markets Trade Flat Amid Stimulus Uncertainty Investors have their eyes on the pandemic stimulus this week as congress deliberates. The U.S. jobs report is expected on Friday for July and is another indicator that will be watched closely. If you're looking for place...
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Stimulus Update: With 31 Million Unemployed, Lawmakers Are Still 'Trillions Apart' On A Deal As benefits expire, rent comes due, the school year looms and states struggle, Washington's warring factions are racing to rescue the economy and their political fortunes.
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This Wall Street Ritual Will Get Less Awful

Wall Street Journal - 6 Aug 2020 18:07
The paper-based CFA exam is ending, and candidates won't miss it.
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Quicken Loans Parent Edges Higher in Trading Debut

Wall Street Journal - 6 Aug 2020 17:53
The mortgage lender's stock opens above its initial offering price of $18 a share.
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Stimulus Talks Drag On--With Little Progress--After Another Week Of Lapsed Unemployment Benefits And Eviction Protections It's not looking good for a deal by Friday. Most Senators are expected to head home Thursday, and President Trump is doubling down on his commitment to take executive action.
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