Market News
October Jobs Report: Major Gains But Some Troubling Trends
Forbes - 6 Nov 2020 16:17
The October Jobs report released this morning by the Bureau of Labor Statistics is most quite positive, though a few trends are disturbing.
U.S. Stock Futures Drop as Election-Week Rally Pauses
Wall Street Journal - 6 Nov 2020 14:04
U.S. stock futures edged lower, interrupting the sharpest weekly rally since April as investors focused on the still-undecided presidential election, surging Covid cases and fresh jobs numbers due out later in the day.
A Still-Divided U.S. Makes Confronting China Harder
Wall Street Journal - 6 Nov 2020 03:21
The result of the presidential election is still unclear, but divided government--and a persistent U.S. political divide--could complicate attempts to shore up America's economic leverage with Beijing.
Top Stocks To Short Today As Post-Election Rally Cools Down
Forbes - 6 Nov 2020 22:19What Does The Jobs Report Reveal About The State Of The Economy?
Forbes - 6 Nov 2020 22:08Top Stocks To Buy Today As Unemployment Rate Beats Estimates
Forbes - 6 Nov 2020 21:53Federal Corporate Tax Policy Likely To Remain Unchanged
Forbes - 6 Nov 2020 21:19Will There Be Another Stimulus Deal This Year?
Forbes - 6 Nov 2020 20:48Gold Hasn't Behaved Like a Haven Recently
Wall Street Journal - 6 Nov 2020 19:20
Gold's gains this week have highlighted something unusual about its rally this year: Rather than moving in the opposite direction to stocks, the haven metal and riskier equities recently have rallied and tumbled together...
Who's Drunk on Tesla?
Wall Street Journal - 6 Nov 2020 19:07
Tesla fans can now sit back in their "Tesla short shorts," swipe on a dating app reserved exclusively for Tesla owners, all while sipping "Tesla Tequila."
Daily Dividend Report: Union Pacific, Lam Research, Thermo Fisher Scientific, Microchip Technology, Fortive
Forbes - 6 Nov 2020 18:43
Daily Dividend Report: Union Pacific, Lam Research, Thermo Fisher Scientific, Microchip Technology, Fortive
Industries Driving Job Gains Face Another Covid Reckoning
Wall Street Journal - 6 Nov 2020 18:43
Despite a stronger October jobs figure, colder weather and a resurgence in coronavirus cases threaten the recovery in retail and food service jobs.
Blown Election Calls, the Stock Market and You
Wall Street Journal - 6 Nov 2020 18:03
If the election has you doubting the political experts, use it as a reminder that maybe you don't know everything either. Especially when it comes to investing.
Jobs Report Helps Close Out Busy Week, With The Fed In The Rearview But The Election Still Undecided
Forbes - 6 Nov 2020 17:14Do Junk Bonds Pay Off in the Long Term?
Wall Street Journal - 6 Nov 2020 17:10
Data suggest that over the long term, funds that focus on high-yield debt, including junk bonds and low-grade municipal debt, deliver exactly what they promise: high yields.
CVS Health raises 2020 earnings guidance as plan to offer wide range of medical services pays off
CNBC - 6 Nov 2020 17:04
CVS reported a better-than-expected 3.5% jump in third-quarter revenue, as its plan to remake the drugstore chain into a health service company paid off.
Retirees Often Help Out Their Adult Kids With Money. That Can Be a Mistake.
Wall Street Journal - 6 Nov 2020 16:59
Ask Encore: Parents and retirees should think twice about sacrificing their retirement savings to help family members.
Unemployment Fell To 6.9% In October, But Experts Say More Stimulus Needed For Recovery
Forbes - 6 Nov 2020 16:30Cartier's Owner Spreads Its Bets Online
Wall Street Journal - 6 Nov 2020 16:25
An investment by the owner of the Cartier jewelry brand in luxury fashion website Farfetch is a smart move. It might also be an indirect admission of weaknesses at the rival online business it owns, Yoox Net-a-Porter.
The Investor's Mantra Through Year-End: Lawyers, Guns And Money
Forbes - 6 Nov 2020 16:00Qualcomm, Skyworks: Apple Suppliers Already Gaining Big From iPhone 12
Forbes - 6 Nov 2020 15:30Markets Should Stop Caring About Quantitative Easing
Wall Street Journal - 6 Nov 2020 15:23
The second Covid-19 wave is prompting a fresh wave of "quantitative easing." Investors can afford to look away: The central-bank money machine has become a poor guide to their decision-making.