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Market News

Location American Market News for 18 December 2020

Santa Claus Is the Original Bagholder

Wall Street Journal - 18 Dec 2020 21:02
While Black Friday might have a completely different meaning to speculators than to shoppers, 'tis still the season for that day trader in your life.
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Newmont Stock Rallies 50% But Is Still Attractive Despite rising more than 50% from its March lows of this year, at the current price of $60 per share, Newmont stock is still undervalued and seems like a good bet at the present time. Newmont's stock has rallied from $39...
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Top Stocks To Buy Today As Stimulus Hopes Send Markets To Mild Gains Optimism on the progress of stimulus talks sent markets to more mild gains. After markets closed at record highs on Thursday, stimulus hopes sent markets higher again. For investors looking to make the most of this marke...
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Tesla Up 685% This Year-Here Are 9 More Staggering Numbers Summing Up Elon Musk's Wild Ride To S&P 500 The electric carmaker is set to boast the biggest year-to-date stock gain in the S&P when it officially joins on Monday.
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For U.S. Economy This Winter, a Freeze and Then a Thaw

Wall Street Journal - 18 Dec 2020 14:34
The beginning of winter will be miserable for the U.S. economy, but things could be looking much brighter by March.
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3M Stock Can Offer Better Gains Compared To Medtronic We think that 3M currently is a better pick compared to Medtronic. 3M trades at about 3.1x trailing Revenues, compared to over 5.4x for Medtronic, though both belong to different industry groups. But does this gap in 3M'...
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Equifax Stock Surges 13% In A Week - What Comes Next? One of the world's largest consumer credit reporting agencies Equifax's stock climbed nearly 13% last week, outperforming the S&P 500 which fell -0.9%. The reason - positive guidance for the fourth quarter. The company c...
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NortonLifeLock Stock Can Rise by 20%

Forbes - 18 Dec 2020 13:00
NortonLifeLock Stock Can Rise by 20% Despite a more than 20% rise from its low in March, at the current price of $20 per share, we believe NortonLifeLock stock has further upside potential. NLOK stock has increased from $16 to $20 off the recent bottom, muc...
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Lee Raymond to Leave JPMorgan's Board

Wall Street Journal - 18 Dec 2020 23:28
The former Exxon Mobil chief has spent more than 30 years on the board of the bank and its predecessor, and has been lead independent director since 2001.
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Top Stocks To Short Today As Markets See Muted Gains On More Optimism Optimism on stimulus continues to send markets higher, as Congress inches ever so closer towards a $900 billion stimulus package. Using deep learning algorithms, our AI has crunched the data to give you a set of Top Shor...
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This Proposal To Cancel Student Loans Is A Missed Opportunity Will your student loan get cancelled?
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Aluminum Prices Push Toward 2020 High

Wall Street Journal - 18 Dec 2020 18:27
Aluminum prices are trading near their highest levels in almost two years, fueled by soaring demand for raw materials and worries that potential sanctions could limit global supplies.
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SolarWinds Hack Throws Wrench In Private Equity's Most Profitable Market LBO firms are well-versed with pulling companies through recessions and restructuring. But hack of SolarWinds means two of the world's most prominent private equity firms are now dealing with a investment crisis that's r...
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I'll Take Tesla for $1, Please

Wall Street Journal - 18 Dec 2020 18:00
Fractional shares are a new way for investors to own a small slice of a high-priced stock. Whether that's good or bad depends on how you use it
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Stocks Cool After Record Highs As Wall Street Preps For Tesla's S&P Addition And Waits For Stimulus Though volatility could heighten at the close, stocks are on track to close the week near record heights.
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Ever-Cheaper Batteries Bring Cost Of Electric Cars Closer To Gas Guzzlers BNEF Batteries Battery prices are one of the biggest costs for electric cars, but that cost has plummeted over the past decade.
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Rally Pause: Wall Street On Edge As Stimulus Talks Drag On, Nike Earnings Awaited The "three horsemen of risk" are a bit mixed this morning, with VIX slightly up, bonds flat, and gold down a bit. Stimulus remains front and center, but be prepared for a "sell the fact" scenario possibly developing if C...
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HBO Max Deal And Two Other Reasons Roku Stock Could Hit $660 Roku is operating a toll-gate for online streamers seeking access to viewers. Its bargaining power should send Roku bears into hibernation.
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Prologis Named A Top Socially Responsible Dividend Stock Prologis has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.3% yield
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A Year-End Message To Intelligent Investors And Conscious Consumers As you finish up your holiday shopping, do not forget that the supply chains that bring us our holiday goods and those that will soon distribute 14 million doses of lifesaving medicine to every living soul also has a maj...
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Should You Buy UnitedHealth Group Stock At $340? We believe that UnitedHealth Group stock (NYSE: UNH) has more room for growth in the near term. UNH stock is up 74% off the recent bottom, slightly outperforming the S&P which moved 65% since its March lows, with the res...
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U.S stock futures were muted after the S&P 500 yesterday hit another record.
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