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Market News

Location American Market News for 11 November 2020

When Bad Things Happen to Goods Sectors

Wall Street Journal - 11 Nov 2020 14:03
Demand for goods surged as a result of the Covid-19 crisis. But with the latest vaccine news, some of that demand could go away rather suddenly.
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TripAdvisor Looks Attractive At $24

Forbes - 11 Nov 2020 14:00
TripAdvisor Looks Attractive At $24 TripAdvisor's stock (NASDAQ: TRIP) at around $24 has partially reached the level it was at before the drop in February due to the coronavirus outbreak becoming a pandemic. While the stock is still down 20% from levels se...
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Should You Invest In Fluor Corp After Its Impressive Gains? The stock of Fluor Corp, an engineering, procurement, construction and maintenance company, is up 22% in the past one month. Compared to this, the S&P 500 moved up only 0.5%. This strong outperformance stemmed from new c...
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In Gridlock We Trust

Forbes - 11 Nov 2020 22:33
In Gridlock We Trust Is the market crazy, celebrating the new realism of gridlock, that nothing earth-shaking passes muster in the Congress? If you buy this, run out and press the Nasdaq 100 Index. Then, go back to sleep.
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Top Stocks To Short Today As Dow Trades Flat Amid Vaccine Rally Since Monday, the theme of the week has been recovery stocks. Still, there is long-term positive sentiment on tech stocks because investors are expecting a divided Congress that will struggle to pass legislation. Our dee...
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Wrap It Up, 2020: As Retailers Report Q3 Earnings, Eyes On The Holiday Season For retailers, the fallout from the COVID-19 contagion that continues to wreak havoc on the nation is still a work in progress, and the Q3 results for the nation's largest legacy retailers could write another chapter.
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Is Bitcoin Encountering Strong Resistance Near $16,000? Bitcoin prices have repeatedly failed to surpass $16,000 lately. When will the digital currency break through this level?
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U.S Will Have Enough Covid Vaccine Doses By Mid 2021, Plus 5 More Big Predictions From Goldman Sachs Stocks could surge as much as 15%, and corporate earnings should also rise, but this all depends on how the pandemic plays out.
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Georgia Recount Fuels Market Uncertainty About Election Outcomes Although the Associated Press announced on November 7th that Joe Biden received enough votes to launch him over the top for president of the United States based on the results from Pennsylvania, the actual political land...
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Will Under Armour's Recent Gains Be A Buying Opportunity? Under Armour's stock is up a massive 24% in the last one month, significantly outperforming the broader market which barely moved during this period. What is Under Armour doing right? Though sales are down significantly ...
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Why Apple's Switch From Intel Will Be Highly Lucrative Apple launched its first set of Mac computers with proprietary ARM-based processors yesterday. The new chip, dubbed the Apple M1, will first feature in the updated MacBook Air and MacBook Pro 13 laptops and the Mac mini ...
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Sharing Economy Reaches Splashdown

Wall Street Journal - 11 Nov 2020 18:24
Swimming-pool-share startup Swimply can offer an infinity pool of cash to those fortunate enough to own one.
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This 2-Step Plan Provides 6.6% Dividends And Upside Make no mistake: now is the time to buy dividend stocks.
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Pfizer's Covid-19 Success Bodes Very Well For Moderna While Pfizer's surprisingly strong initial Covid-19 vaccine efficacy readout likely marks the beginning of the end of the Covid-19 pandemic, it probably doesn't mean too much for Pfizer stock, given the limited potential...
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London Landlords Will Work Harder for the Rent

Wall Street Journal - 11 Nov 2020 17:56
The death of the office has been greatly exaggerated, at least in Central London. But tenants are becoming higher-maintenance, in a trend that could out last Covid-19.
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Billionaire heiress Margarita Louis-Dreyfus agreed to sell a 45% indirect stake in Louis Dreyfus, the agricultural merchant that has borne her family's name for almost two centuries, to a holding company in the United Ar...
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Xi Jinping Rumors Of Leadership Swap In China Reset Imagining the unimaginable: What if Xi Jinping stepped down as CCP chief?
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Apple's Biggest Chip Gamble Yet

Wall Street Journal - 11 Nov 2020 17:38
With its star having dimmed in Apple's firmament, the Mac might seem safe for the company to shake up. But there is still some risk to messing with a 36-year-old business.
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Stocks Continue To Rally On Vaccine News, And Tech Is Getting Its Mojo Back Although the growth-to-value rotation seems to be easing, the general optimism surrounding the vaccine news is continuing to help boost stocks.
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Stocks Up Again As Vaccine Rally Continues For A Third Day, But Uncertainty Lies Ahead Though the stock market's mid-pandemic gains have been "remarkable," experts are warning that the next few months could be among the worst for the crisis.
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Soybeans Just Made A New 52 Month Price High. One Chart Shows Why Inventories are clearly tightening for one of the most important agricultural commodities in the world.
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How My Friend Made $128,000 Without Knowing It If it weren't for my wife, I still wouldn't know about that pile of money.
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