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Market News

Location American Market News for 23 September 2020
Mnuchin: White House Still Supports Direct Payments For Stimulus Package Trump still supports second stimulus checks in the next stimulus package.
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Top Tech ETFs For September

Forbes - 23 Sep 2020 18:40
Top Tech ETFs For September Although markets somewhat recovered yesterday, this has been the worst September in nearly 18 years. One of the hardest-hit sectors has been tech. For hungry investors looking for growth and returns, this pullback could ...
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Don't Bet That GameStop Can Compete With Amazon The founder of pet food retailer Chewy.com bought 10% of GameStop. Don't bet he can turn the game retailer into a serious Amazon rival.
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Visa's Crypto Strategy Is Driving Its Next Stage Of Growth Visa's head of cryptocurrency and his boss shed new light on the credit card giant's strategy, and the surprising ways that it fits in well with their existing philosophy and innovation strategy.
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Market Forecast: Stormy Weather Ahead?

Forbes - 23 Sep 2020 21:11
Market Forecast: Stormy Weather Ahead? Should we expect more market volatility ahead? Commonwealth CIO Brad McMillan says investors need to keep an eye on the forecast.
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Wells Fargo Chief Executive Charlie Scharf apologized in a letter to employees for his remarks related to recruiting Black talent.
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Funds Get Put on 'MUTE' Due to 'LACK' of 'NEED'

Wall Street Journal - 23 Sep 2020 18:06
As exchange-traded funds bite the dust, so do some clever ticker symbols.
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Nike's Quick Rebound Could Lead to Sprains

Wall Street Journal - 23 Sep 2020 03:42
While there is much to be excited about, keeping up with a soaring valuation could prove difficult.
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Best Stocks To Short Today As Markets Erase Earlier Gains After markets recovered some of its losses yesterday from Monday's sell-off, indices continued the rally and began the day firmly in the green before turning negative. For investors looking to hedge their portfolio, our ...
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Three years is too short a period to invest in equities and since ELSS funds are equity funds
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The August Rally Won't Stop Defaults

Forbes - 23 Sep 2020 17:00
The August Rally Won't Stop Defaults 2020 may end up being a record year for bankruptcies, but equally troubling is the increase in the default rate for loans and bonds.
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How Nikola Stock Got Torched by a Short Seller

Wall Street Journal - 23 Sep 2020 15:17
A report by Nathan Anderson, founder of Hindenburg Research, alleged improprieties that sent the electric-truck startup's plunging. Nikola says the report contained "false and misleading statements."
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CME, Nasdaq to Launch Water Futures Contract

Wall Street Journal - 23 Sep 2020 11:30
Farmers are known to pray for rain. Now they can hedge against unanswered invocations. CME Group and Nasdaq are planning to launch a futures contract later this year that will allow farmers, speculators and others to wag...
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Dow Falls Over 500 Points As Tech Stocks Drag Market Lower Stocks fell as tech stocks again came under pressure.
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Top Stocks To Buy Today As Markets Turn Negative Stocks cheered several catalysts and the Dow opened the day firmly in the green. Nasdaq and big tech however lagged. For investors looking to make sense of these interesting times, the deep learning algorithms at Q.ai ha...
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New Kicks: Blowout Earnings From Nike Offer Clues On Consumer Strength This morning investors are digesting bumper earnings from Nike and lackluster Battery Day news from Tesla as the market looks to keep momentum going from yesterday's rally
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My Favorite Today I'm going to show you my favorite investment for big dividends and upside.
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Don't Add Shopify To Your Cart

Forbes - 23 Sep 2020 15:42
Don't Add Shopify To Your Cart Investors with fiduciary responsibilities should take notice of how quickly high-flying tech stocks can come back down to reality.
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Peak Oil Is Already Shifting Markets

Wall Street Journal - 23 Sep 2020 14:11
The prospect of falling demand for crude oil could unleash a long-term scramble between rival producer nations.
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Stock Futures Point to Second Day of Gains

Wall Street Journal - 23 Sep 2020 13:37
U.S. stock futures ticked higher as investors awaited surveys of purchasing managers that are expected to show that manufacturing and service activity kept expanding this month.
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Stock Exchanges Present Opportunity as Volumes Surge

Wall Street Journal - 23 Sep 2020 13:33
Despite a surge in U.S. equity and option trading volumes this year, exchange-operator stocks are relatively cheaper than are financials overall.
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Boston Beer, D.R. Horton, Rollins: Surprise Winners Through Covid-19 Back in March 2020, as the stock markets were dropping as Covid-19 cases started spreading outside China and the economy bracing for a lockdown, would thoughtful investors have bet on housing, breweries, and home improve...
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