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Market News

Location American Market News for 11 September 2020

Should Parents Give Each Child an Equal Inheritance?

Wall Street Journal - 11 Sep 2020 16:00
Dividing an estate equally might seem fair. But fairness is in the eye of the beholder.
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2020 Market Outlook

Forbes - 11 Sep 2020 21:20
2020 Market Outlook On the surface it seems like a ripe situation for stock market disaster, given the tumultuous year the world has been thrown into. However, if we take a closer look, we see some valid reasons for Wall Street's optimism.
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Fauci Says It Will Be 'Well Into 2021' Before U.S. Returns To Normal From Coronavirus The country's leading expert on infectious disease described the current data on coronavirus in the U.S. as "disturbing."
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Slack Lost $2.5 Billion In Value On Wednesday. Is It Fairly Valued Now? Slack's market cap declined by roughly $2.5 billion on Wednesday, as the stock fell by 14% to about $25 per share due to disappointing Q2 FY'21 earnings. That said, Slack stock is up by about 10% year-to-date and by roug...
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The Mirage Within The Market - A Current Snapshot During each period, investors who participated would always provide an explanation - fear of missing out, the dawn of a new era, perceived scarcity of assets - you name it.
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Can Tech-Related Stocks Get Their Mojo Back After Thursday Selloff? The October earnings season is still a few weeks away, but releases are still trickling in. A solid report from Oracle helped lift tech from its late-Thursday selloff as the market eyes the end of what's been a volatile ...
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Nike Races To Top Athleticwear Charts - But Should It Take A Pause? Nike choosing to not release guidance for 2021 suggests there could be some uncertainty about the future. We've tasked our AI to determine what this means for investors and whether they should steer clear this month.
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Kroger Could Gain Fresh Tailwind From Colder Weather

Wall Street Journal - 11 Sep 2020 20:14
The grocer has had a solid summer--though investors aren't too excited--and it could do even better when the change in seasons makes outdoor dining less attractive.
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A criminal trial is set to take place in Chicago next week that will test a federal campaign against a trading tactic called spoofing, in this case the attempt of two traders to rig precious-metals prices.
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Is Bitcoin Facing Strong Resistance At $10,500? Bitcoin has been fluctuating between $10,000 and $10,500. When will it break free of this range, and what key levels of support and resistance will it face next?
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Top Stocks To Short As Choppy Trading Continues For Markets In choppy trading to start the final trading day of the week, all indexes rose as the Nasdaq once again tried to rally after a rough day - and an even rougher week. For investors looking to make sense of a volatile marke...
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MetLife Stock Can Touch $45 In The Near Term MetLife's stock lost more than 50% - dropping from $52 at the end of 2019 to around $24 in late March - then spiked 60% to around $38 now. This implies it's still 26% lower than the start of the year. There were 2 clear ...
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These 4 NYSE Precious Metals Stocks All Hit New 52-Week Highs This Week While well-known tech stocks were bouncing just a little off their sell-off lows, these little mentioned miners managed higher highs.
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Here Are the Top Women in U.S. Banking

Wall Street Journal - 11 Sep 2020 18:07
With Jane Fraser named this week as Citigroup's new CEO, here is a look at the women who lead major businesses at the nation's biggest banks.
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Daily Dividend Report: AbbVie, Bristol Myers Squibb, Colgate-Palmolive, American Tower, Cerner
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Can a Company Use the Insanity Defense?

Wall Street Journal - 11 Sep 2020 17:19
Now that Theranos founder Elizabeth Holmes might use her mental health as a defense in her coming federal trial, why can't an entire company do the same?
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Cisco, Intel, Micron: Value Tech Stocks Better At Weathering Big Tech Sell Off? Our indicative Theme of Value Tech Stocks includes a diverse set of technology companies with mature businesses that are trading at reasonable valuations. Investor preference for high-growth stocks has meant that these c...
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Qualcomm, Skyworks, American Tower: Stocks Poised To Gain As 5G Goes Mainstream Upgrades to the next-generation 5G networks will drive demand across a wide range of companies, from semiconductor players, tower infrastructure companies, testing equipment providers, and wireless carriers. While it's p...
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Cisco, CVS, Merck: Coronavirus Stocks Gone Bad If you were able to predict earlier this year that dark coronavirus clouds were going to be all over the planet, wouldn't it make sense to double down on the stocks of the largest drug companies, pharmacy outlets as well...
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European Central Bank Smothers Government Bond Market

Wall Street Journal - 11 Sep 2020 15:27
The central bank is vacuuming up sovereign bonds faster than governments can pump them out, keeping a tight lid on borrowing costs as the region spends on coronavirus relief measures.
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Union Minister Jitendra Singh says the decision was taken in view of the pandemic and the vulnerability of the elderly population to COVID-19.The central bank had on January 9 issued a notification permitting V-CIP as an...
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NetApp Stock Looks Set To Gain 25% As Cloud Demand Surges Based on a comparison of NetApp's stock trajectory over recent months with that around the 2008 recession, we believe that the stock can potentially gain 25%, to reach almost $59 once fears surrounding the coronavirus ou...
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