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Market News

Location American Market News for 22 December 2020
Dow Jones Today: Stocks Erase Losses, Coronavirus Variant Vaccine Possible; Apple Thinking Of Apple Car The biggest fear among investors and traders is whether the coronavirus variant is going to be more deadly than the current coronavirus
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SEC Charges Ripple With Selling $1.3 Billion In Unregistered Securities, XRP Loses $2 Billion In Market Value The price of Ripple's XRP, the world's third-largest cryptocurrency, has tumbled more than 10% in the past 24 hours.
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5 Reasons Student Loan Relief May Have Been Left Out Of The Stimulus Help with your student loans? You won't find it in the new stimulus package.
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How To Social Distance From 3 Worn Out Investment Concepts The investment industry has a way of taking a good idea, and over-simplifying it to make a sale. Concepts like "Asset Allocation," "diversification" and "long-term investing" are the mantras of many investors and their f...
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Don't Hit the Brakes on CarMax

Wall Street Journal - 22 Dec 2020 22:23
Muted retail sales and Covid-related store restrictions seem to be weighing heavily on CarMax investors' minds, but they should look further ahead.
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SEC Approves NYSE's Plan for New IPO Alternative

Wall Street Journal - 22 Dec 2020 21:50
The exchange's new type of direct listing would let companies issue new shares and sell them to public investors in a single, large transaction on the first day of trading, much like the first trade in an IPO.
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Apple's Rumored EV Project Is A True Threat To Tesla's Hype Machine That figure divided by the trailing revenue rate of $28 billion gives an astonishing 21x EV/revenues on a trailing basis.
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MDU Resources: Low Risk Bet On An Infrastructure Boom Year to date returns from MDU Resources have disappointed, in the red more than 9 percent and lagging the Dow Jones Utility Average by about 12 percentage points. Five-year annualized returns are considerably better at 1...
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Apple Needs One More Thing Again

Wall Street Journal - 22 Dec 2020 20:09
A report on the consumer-electronic giant's renewed car efforts has lighted up its richly valued stock following a busy launch period.
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Auto Retailer Drives Lower After Q3 Report

Forbes - 22 Dec 2020 19:58
Auto Retailer Drives Lower After Q3 Report CarMax (KMX) stock is dropping today, despite a better-than-expected fiscal third-quarter report.
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Top Stocks To Short Today As Investors Have Subdued Reaction To Stimulus Package Although yesterday's sharp sell-off eventually reversed, for the second day in a row, investors did not cheer the latest stimulus package. Our deep learning algorithms have crunched the data to give you a set of Top Shor...
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Peloton Spins to 'Born in the U.S.A.'

Wall Street Journal - 22 Dec 2020 19:18
The company's new wheels have investors spinning in hopes for faster delivery times and better growth ahead.
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Top Stocks To Buy Today As Markets Trade Mixed After Yesterday's Session Markets sharply reversed during yesterday's trading session. However, the indices ended the day largely mixed. For investors looking to make the most of this market, the deep learning algorithms have crunched the data to...
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Investors Optimistic As Stimulus Bill Headed To President, But Worries Over New Virus Strain Linger Although investors seem pretty happy with the stimulus package, there still appears to be some trepidation because of the new coronavirus strain.
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U.S. stock futures wavered while exercise-equipment maker Peloton shot higher on news it acquired fitness rival Precor
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Apple's Next Big Thing: Disrupt The Car Industry - Here Are Two Stocks That Could Win Apple's Next Big Thing: Disrupt The Car Industry - Here Are Two Stocks That Could Win
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FMC, CF Industries: Are Chemicals Stocks Poised To Shine In 2021? The chemicals industry has had a tough year, as the Covid-19 pandemic hurt demand in key end markets such as automotive, oil and gas, and construction. However, 2021 should look better for the Chemicals space for a coupl...
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Ford's Stock Has Recovered To Pre-Covid Levels, Will It Continue? Having gained more than 123% since the March bottom, Ford's stock has reached its near term potential. Our conclusion is based on a detailed comparison of Ford's performance against the S&P 500 now as well as during the ...
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Investors Turn to Far-Flung Bonds for Juicy Returns

Wall Street Journal - 22 Dec 2020 14:00
Appetite for emerging markets has returned with gusto, enabling Uzbekistan to issue local currency bonds to international investors for the first time.
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Kimberly-Clark Stock To Surge To $160?

Forbes - 22 Dec 2020 13:30
Kimberly-Clark Stock To Surge To $160? Despite a 20% rise from its low in March, at the current price of $134 per share, we believe Kimberly Clark stock has further upside potential. KMB stock has increased from $112 to $135 off the recent bottom, much less t...
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Banks Need Spenders to Be Stimulated

Wall Street Journal - 22 Dec 2020 13:30
Delinquencies remain quite low by historical standards, but bank investors may prefer people to spend rather than save and pay down debt.
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This Is A 1-Click Buy For 7% Dividends And Upside In 2021 Is there more upside ahead or is another big plunge around the corner?
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