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Market News

Location American Market News for 14 December 2020

Hold On To AT&T Stock For More Gains

Forbes - 14 Dec 2020 14:00
Hold On To AT&T Stock For More Gains Despite almost a 15% rise since its March lows of this year, at the current price of $31 per share, AT&T stock (NYSE: T) still seems to have some upside left and looks like a good stock to have in your portfolio.
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Inflation Expectations Rise Even As The Economy Cools It seems contradictory that rates are rising at the same time the economy is weakening, but that's exactly what we have. It is based on the perception that the Congress can and will enact new stimulus, if not immediately...
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Base Metals Get Supercharged Thanks To China Rebound The very hottest major commodity, however, has been iron ore. Used to make steel, the metal has increased nearly 70% in 2020, with iron futures trading on the Singapore Exchange topping $155 per metric ton Friday for the...
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Pfizer Rated Top Buy This Week As Vaccine Distribution Kicks Off Although December has largely kept November's election and vaccine rally moving, markets fell for the first week in three last week. Among all the news and data spurring on the markets, our deep learning algorithms have ...
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Planet Fitness Needs to Flatten More Curves

Wall Street Journal - 14 Dec 2020 20:07
The gym chain has survived in a disastrous year for competitors, but investors seem unaware that the pandemic has seriously dented its business prospects.
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Top Stocks To Short Today As Markets Rise From Vaccine News Stocks rose to start the week off on a positive note. Time will tell what happens next, as this could be a market moving week with further stimulus talks, Pfizer's vaccine rollout, a Federal Reserve policy meeting, earni...
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A New Beginning For The UAE

Forbes - 14 Dec 2020 19:52
A New Beginning For The UAE It is widely known that excessive supply in the region has adversely influenced property prices, and in some prime areas, property prices have lost more than 30 percent of their value.
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Top Stocks To Buy Today As Vaccine And Stimulus Hopes Send Markets Higher After disappointing jobless data combined with a worsening pandemic and stimulus doubts weighed on markets last week, markets sharply rose to begin the week. For investors looking to make the most of this market, our dee...
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Why AstraZeneca Wants To Buy Alexion Pharmaceuticals Late last week, AstraZeneca said that it would acquire Alexion Pharmaceuticals - a company best known for its Soliris and Ultomiris drugs - in a cash and stock deal valued at about $39 billion. There are a couple of soun...
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Bipartisan Lawmakers Finally Ready To Release $908 Billion Stimulus Bill, But The Plan Is Far From A Done Deal The group will release the text of its stimulus framework on Monday afternoon.
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Stimulus News Increases Investor Hopes For The Economy Amid Vaccine Rollout This morning, investors seem to be cheered by news about a potential congressional stimulus package as well as the rollout of the Pfizer-BioNTech Vaccine
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Why You Didn't Get A Second Stimulus Check

Forbes - 14 Dec 2020 16:10
Why You Didn't Get A Second Stimulus Check Will you get a stimulus check?
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U.S. stock futures rose on optimism surrounding stimulus and vaccine rollouts.
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Brazil's Very Bad Year. Good News: 2021 Will Be Better. Brazil has cut its coronavirus spending program. Now it hopes to claw its way back to growth in 2021.
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Charles Schwab Stock Is Fairly Priced

Forbes - 14 Dec 2020 15:00
Charles Schwab Stock Is Fairly Priced We believe there may be better places for your money than Charles Schwab stock (NYSE: SCHW) at the present time. The brokerage giant trades at $50 currently and is 6% ahead of its pre-Covid high in February.
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United Therapeutics Stock Looks Fully Valued At $137 After a 63% rise since the March 23 levels of this year, at the current price of around $137 per share we believe United Therapeutics stock (NASDAQ: UTHR), a biotechnology company, has reached its near-term potential.
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Stock Futures Rise on Stimulus Hopes, Vaccine Rollout

Wall Street Journal - 14 Dec 2020 13:48
U.S. stock futures rose after lawmakers signaled a willingness to compromise on the most contentious issues that have held up the passage of a fresh coronavirus-relief package.
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Bloom, Cummins, First Solar: Stocks To Play The Hydrogen Economy Interest in clean energy stocks has soared this year. Our theme of Hydrogen Economy Stocks includes the stocks of U.S. based companies that sell fuel cells, renewable energy equipment, and supply hydrogen gas.
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Here's Why WWE Stock Is A Good Bet

Forbes - 14 Dec 2020 13:00
Here's Why WWE Stock Is A Good Bet World Wrestling Entertainment stock (NYSE: WWE) currently trades at $44 and is still down 32% so far this year. It traded around $47 in February 2020. We believe the stock is likely to surpass its February 2020 level and...
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'The Best Year Ever' for Many Small Banks

Wall Street Journal - 14 Dec 2020 12:30
As 2020 draws to a close, small lenders are doing far better than expected at the outset of the coronavirus recession--largely thanks to government money that passed through banks on the way to households and businesses.
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The U.S.-China Tech War Won't End Under Biden

Wall Street Journal - 14 Dec 2020 11:58
The tech war between the U.S. and China will likely continue under the Biden administration, although modestly sweeter talk may mask some of the deep bitterness.
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Meal Kits Face Competition From the Microwave

Wall Street Journal - 14 Dec 2020 11:33
When the Covid-19 vaccine rollout gradually allows normal life to resume, speedier dinner options could eat into the growth of meal kits. HelloFresh has taken note.
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