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Market News

Location American Market News for 17 September 2020

Top Value ETFs For September

Forbes - 17 Sep 2020 22:30
Top Value ETFs For September While many are concerned about overinflated valuations, our deep learning algorithms have identified several U.S. Value ETFs based on the weekly flows this month. This includes three Top Buys, three Attractive, one Neutr...
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Is The Dollar Bottoming? A Close Look

Forbes - 17 Sep 2020 22:23
Is The Dollar Bottoming? A Close Look This is a look at the price charts for the US dollar to see if the world's most important currency might be done going down.
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Snowflake CEO Frank Slootman Talks IPO Pop: Narrative Of Lost Billions Is 'Nonsense Talk' Snowflake's IPO was the biggest of the year, leading some to point to lost billions in its IPO pop. CEO Frank Slootman disputes the argument the IPO was mispriced in the strongest of terms.
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Penn National Gaming Stock Can Surge Higher Thanks To 'Portnoy Momentum Trade,' Stifel Says Penn National's stock will continue to soar thanks to rising "sports betting euphoria."
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Inflation above RBI's 6% target for 5th month

livemint.com - 17 Sep 2020 19:17
Retail inflation eased marginally to 6.69% in August from 6.73% in July but stayed above the Reserve Bank of India's target
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Steven A. Cohen's Point72 Asset Management recently reached a settlement with a female employee who sued the firm in 2018 alleging unfair pay practices and a pervasively sexist work environment.
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Best Stocks To Short Today As Markets Struggle Despite Lower Jobless Claims The Fed's announcement yesterday that they would hold interest rates steady at near 0% through 2023 did little to excite the markets yesterday, as ..." of the indices were heavily in the red. For investors looking hedge ...
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Lawmakers Tangle Over Fed's Muni-Market Rescue

Wall Street Journal - 17 Sep 2020 19:51
The Fed stood ready to back the municipal market as a lender of last resort during the pandemic. So far, only two borrowers have tapped the facility for funding.
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Gilt fund SIPs should form a part of one's asset class diversification strategy
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Trump Wants Second Stimulus Checks In Bigger Stimulus Package Will a potential stimulus package be larger than $1 trillion?
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Got Gold? Bottom-Barrel Rates To Last For Years To Come Gold has thrived in a low-rate environment, hitting an all-time high of $2,070 an ounce in early August, and I believe this price may be retested and surpassed given the extension of the Fed's easy money policy.
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American Businesses Still Not Giving Up On China From the American Chamber of Commerce in Shanghai: most U.S. companies aren't moving out.
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Liquid funds are a good investment strategy for an emergency corpus or if one need money in the next few months
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Best Stocks To Buy Today As Markets Respond To Fed's Recovery Outlook Markets today are firmly in the red, as the Dow is seeing major drops, down nearly 290 pts. The Fed's announcement that they would hold interest rates at or near 0% through 2023 did little to excite the markets. Using ou...
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Elizabeth Warren: Forgive $50,000 Of Student Loans Will you get student loan forgiveness?
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California Is Burning: Here's What It Means For Utilities California utility Edison International currently trades about 11 times expected 2020 earnings, versus 19 for the S&P 500 Utilities Sector Index.
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Yesterday I published a brief for Brookings (see below) that summarizes how the US has performed during the current pandemic, both in terms of virus caseloads/deaths and also unemployment: The brief is an update of anoth...
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If You Bless it, Will They Come?

Wall Street Journal - 17 Sep 2020 16:29
Gulf states are racing to cook up kosher food for Israeli tourists, but might not be ready in time for a key Jewish holiday.
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Carnival Cruises To An Unattractive Rating For September This week, Carnival announced $1 billion in a new stock offering in an attempt to raise emergency capital. While time will certainly tell whether these drastic efforts will have their intended long-term effects. In the m...
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Dow Falls Over 300 Points As Tech Stocks Plunge Again Stocks were under pressure despite better-than-expected jobless claims.
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FedEx Delivers An Unattractive Rating Heading Into Holiday Season FedEx Corp has been a household name for years - but it was the pandemic that turned this shipping staple into an essential entity in our everyday lives. Based on our AI and deep learning algorithms, here's an idea of id...
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Then Again...Market Reverses Engines After Initial Fed Pop, With Most Sectors Hit As we noted yesterday, the market's first reaction to Fed news doesn't always tell you much. Stocks put on a nice rally late yesterday after the Fed meeting, but now it looks like many investors are reconsidering what th...
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