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Market News

Location American Market News for 23 December 2020

CME Group Stock Has 15% Upside

Forbes - 23 Dec 2020 16:00
CME Group Stock Has 15% Upside We believe that CME Group's stock has a 15% upside to its pre-crisis peak in the near term. CME trades at $182 currently and it has gained 9% in value so far this year. It traded at a pre-Covid high of $208 in February a...
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The move signals that the fintech giant is dialing back risk in its lending business following pressure from Chinese regulators.
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Why Amazon Can't Beat Shopify

Forbes - 23 Dec 2020 21:07
Why Amazon Can't Beat Shopify Its most successful third-party sellers inspire Amazon's low-priced knockoffs. That's why those merchants will keep defecting to Shopify.
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Following A 200% Rally, Sabre Corporation Stock Doesn't Have Much To Offer After a more than 200% rally since the March 23 lows of this year, at the current price of around $12 per share we believe Sabre Corporation stock has achieved its near-term potential. Sabre Corporation, a provider of so...
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Year-End Outlook For The Energy Markets

Forbes - 23 Dec 2020 22:39
Year-End Outlook For The Energy Markets From the March low below $10 crude oil has had quite a rally but is still lower for the year. The main question now is where will crude go in 2021? The Viper Report's Tom Aspray takes a technical look at crude oil and th...
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The Garden State Plants East Coast Adult-Use Cannabis The northeast will soon become a hub for cannabis and New Jersey will be viewed as having seeded the industry in the region.
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Consumers Could Use Some Help This Winter

Wall Street Journal - 23 Dec 2020 20:18
Weak consumer spending data is the latest indication that the economy faces a challenging period, which could be made worse if stimulus doesn't arrive.
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Has the Fed Rewritten the Laws of Investing?

Wall Street Journal - 23 Dec 2020 20:15
Things probably aren't different this time with market valuations so high, but if they are then that still might not be so good.
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Top Stocks To Short Today As Markets Gain Amid Positive Jobless Data Using our deep learning algorithms, our AI has crunched the data to give you a set of Top Shorts. Our Artificial Intelligence ("AI") systems assessed each firm on parameters of Technicals, Growth, Low Volatility Momentum...
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Top Stocks To Buy Today As Markets Trade Higher Despite Stimulus Criticism Markets rose slightly despite President Donald Trump slamming the stimulus package in a late night video. For investors looking to make the most of this market, our deep learning algorithms have crunched the data to give...
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Treasury Yields Climb on Post-Brexit Trade Deal Hopes

Wall Street Journal - 23 Dec 2020 18:10
U.S. government-bond yields rose sharply, pushing the 10-year yield to its closest in weeks to the psychologically significant threshold of 1%, a level not seen since March.
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Tech Trends For 2021-Batteries And Bitcoin

Forbes - 23 Dec 2020 18:01
Tech Trends For 2021-Batteries And Bitcoin Though technology will likely remain attractive going forward, it's probably best to look beyond some of the usual suspects, like the FAANGs and Tesla TSLA, which already have steep valuations. Here are three tech trends...
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What Is In Store For Gold In 2021?

Forbes - 23 Dec 2020 17:29
What Is In Store For Gold In 2021? If the coronavirus situation doesn't come under control, traders will seek shelter in safe-haven assets, and gold prices will likely move higher.
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Wrap And Wrangle: New Wrinkle In Stimulus Bill, But Markets Take It In Stride Those hoping for a quiet news flow during the holiday-shortened week have probably been disappointed.
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Another 803,000 Americans Filed For Unemployment Last Week As Trump Threatens Stimulus Hopes About 2.5 million people have filed first-time unemployment claims in December alone.
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Owl Rock, Dyal Agree to Merge

Wall Street Journal - 23 Dec 2020 16:23
The deal would value the combined entity, Blue Owl, at $12.5 billion and take it public through a special-purpose acquisition company.
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Funds that lend to smaller companies such as dentist offices and software makers have grown into a major part of the financial infrastructure.
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How The Biden Administration Plans To Tackle Income Inequality Investors likely will judge the Biden administration's policies by how they impact the U.S. economy overall, rather than by whether they lessen income inequality. Attaining the latter goal, however, would likely resonate...
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Has Chevron Stock Reached Its Near Term Potential? Triggered by the declining trend in crude oil inventories and a recovery in benchmark prices, the shares of Chevron Corporation have gained 25% in the past month. Given the periodic review by OPEC for extending productio...
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Defense Deal Will Pose an Early Test for Biden Administration

Wall Street Journal - 23 Dec 2020 14:56
The trend toward concentration in the U.S. defense industry remains unstoppable--except, potentially, by the incoming Biden administration.
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Stock Futures Drift Up Ahead of Economic Data

Wall Street Journal - 23 Dec 2020 14:51
Investors shrug off President Trump's request for lawmakers to amend the coronavirus-aid package expected to support the economy through the winter.
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This One Indicator Could Hand You A Fast 20% Gain In 2021 What are we dividend investors to expect in 2021?
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