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Market News

Location American Market News for 20 November 2020

Natural Gas Down For The Week Amid Supply Concerns

Wall Street Journal - 20 Nov 2020 22:54
Natural gas rose 2.2% but still ended the week down 11.5%, amid mounting concerns that supply would easily overshoot demand in a winter expected to be mild
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Top Stocks To Short Today Amid COVID Fears And Stimulus Doubts Markets continue to churn sideways amid further shutdowns and surging COVID cases. The U.S. seven-day average of daily new COVID-19 infections now stands at 165,029 and is 24% higher than it was a week ago. Our deep lear...
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Proposal follows complaints that the oil-and-gas industry was unfairly denied financing by large lenders.
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After Covid Pandemic, 'Normal' Could Be Profoundly Different

Wall Street Journal - 20 Nov 2020 12:30
Even when lockdowns are a thing of the past, we'll be spreading out in the suburbs and ordering in. The economy may never be the same.
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Starbucks Stock Might Not Have Any Upside?

Forbes - 20 Nov 2020 13:30
Starbucks Stock Might Not Have Any Upside? Having gained more than 73% since the March bottom, Starbucks' stock (NASDAQ: SBUX) is close to its near term potential. Our conclusion is based on a detailed comparison of SBUX's performance against the S&P 500 now as w...
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Boeing Taxis To Top Short Status In November Boeing clocked an Unattractive rating last month, but that doesn't mean there's no money to be made for the savvy investor this month. The company's luck may be about to change, as the FAA has finally cleared the Boeing ...
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Top Stocks To Buy Today As Investors Wrestle Reality With Optimism Stocks fell somewhat to close the week as investors continued grappling with rising coronavirus cases, casting doubt on a swift economic recovery, and further optimism on a vaccine. For investors looking to make the most...
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Could The End Of The Recession Be Closer Than We Think? Could the end of the recession be closer than we think? Commonwealth CIO Brad McMillan says (almost) all signs point to yes.
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Sorry, Boris Johnson. You Can't Turn Britain Into The Saudi Arabia Of Wind Emulating Saudi Arabia's dominance in the oil industry is an unreasonable goal for the U.K.'s wind power industry.
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The 2020 Taxpayers End-of-Year Checklist

Wall Street Journal - 20 Nov 2020 19:26
It pays to review a handful of money-saving tactics--from capital-gains distributions to donating stock.
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A Stock Market Bubble? It's More Like a Fire

Wall Street Journal - 20 Nov 2020 18:00
Wild market speculation can feel like an out-of-control blaze: The more it expands and the hotter it gets, the more havoc it can wreak.
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Treasury's 'Gift' To The Fed - And To Our States, Cities, And Small Businesses Many are denouncing Treasury Secretary Mnuchin's announcement that Treasury will discontinue the CARES Act lending programs. Instead, they should celebrate. With Mnuchin out of the picture, the Fed can now do these thing...
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Illumina Looks Like Great Value Compared To Intuitive Surgical Stock Illumina, best known for its genetic variation and biological function systems, trades at about 12x trailing Revenues, compared to over 19x for Intuitive Surgical, which manufactures robotic surgical platforms. Does this...
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PXD Stock To Gain With Rising Crude Oil Demand We believe that there is a sizable upside in Pioneer Natural Resources stock (NYSE: PXD) at the current price of $95 as it is down by 40% this year. It traded at a pre-Covid high of $140 in February before dropping to th...
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How General Motors Can Become a Growth Stock

Wall Street Journal - 20 Nov 2020 16:05
Supplying battery systems to other auto makers may be GM's best hope for reviving growth as the industry transitions to electric vehicles.
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Markets are likely to close out a choppy week with muted losses.
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Nucor Stock Up 90%; What's Next?

Forbes - 20 Nov 2020 16:00
Nucor Stock Up 90%; What's Next? After almost a 90% rise from its March lows of this year, at the current price of $53 per share, Nucor stock looks slightly overvalued. The stock has rallied from $28 to $53 off its recent bottom, compared to the S&P 500...
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This Successful Lawyer Had To Sell His House Because Of A Cyber Attack My colleague just told me something so crazy it could be on 60 Minutes.
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Cancel Student Loans--Your Questions Answered Cancel student loans?
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20% Upside For Steelcase?

Forbes - 20 Nov 2020 15:30
20% Upside For Steelcase? We believe that Steelcase Inc stock may be a decent opportunity at the present time. Steelcase is a US-based furniture company producing office furniture, architectural, and technology products for office environments, a...
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15% Upside For Juniper Networks?

Forbes - 20 Nov 2020 15:00
15% Upside For Juniper Networks? Despite more than a 25% rise since the March lows of this year, at the current price of around $22 per share, we believe Juniper Networks stock is still a good opportunity for investors. Juniper stock has increased from ...
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Low interest rates and economic uncertainty have a lot of people rethinking what to do with their mortgage.
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