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Market News

Location American Market News for 24 December 2020
Why Joe Biden Won't Cancel Your Student Loans Joe Biden likely won't cancel student loans--and his comments today confirmed the same.
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Down Almost 20% This Year, Is Edison International Stock Attractive? Edison International, a utility holding company that runs Southern California's primary electric utility, has seen its stock decline by about 18% year to date significantly underperforming the S&P 500 which is up by abou...
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The CEO's dangerous rip in his aorta came as the pandemic began to ravage the economy. The two emergencies would test the foundations of America's largest bank.
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Why Dividend Cuts Don't Really Matter To These 2 Funds Can a dividend cut actually be a good thing?
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What Does the Brexit Deal Mean for Financial Services?

Wall Street Journal - 24 Dec 2020 20:20
Now outside the EU, the future size and influence of London's finance industry is in question. Here are five things to know about how the agreement could impact the industry in the U.K. and the European Union.
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Treasury Yields Slip in Holiday-Shortened Session

Wall Street Journal - 24 Dec 2020 19:22
Government-bond yields declined after the EU struck a trade deal with the U.K., ending more than four years of uncertainty between the two major U.S. allies.
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Brexit Deal Brings Clarity but Not Closure

Wall Street Journal - 24 Dec 2020 18:11
While the historic agreement signed by the U.K. and European Union on Christmas Eve removes the risk of very bad economic outcomes, it leaves much up in the air.
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Post-Pandemic Future May Not Match Investor Fantasies

Wall Street Journal - 24 Dec 2020 17:59
When the world eventually opens back up, consumers will step out into a buzzing utopia of technological riches. At least, that is what the stock market would have you believe.
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Working With Nature Is The Best Way To Tackle The Impacts Of Climate Change Nature-based solutions to tackle climate change will be a big talking point in 2021, as countries, companies and investors step up efforts to cut carbon. But few people know what they are, even though they can help with ...
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Gas Is Cleaner Than Oil, But It Still Has a Transition Problem

Wall Street Journal - 24 Dec 2020 16:44
As a relatively clean fossil fuel, natural gas will play a useful role for years to come. It is less certain that it will be a profitable one.
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Tying A Ribbon Around Brexit: Possible Deal Looms After Four Years Of Uncertainty It may be almost Christmas, but the same issues that dogged the market all year continue to be front and center: Stimulus and coronavirus. The good news is that a Brexit deal appears to be close, providing some early lif...
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Novavax Stock: What Are The Risks?

Forbes - 24 Dec 2020 15:30
Novavax Stock: What Are The Risks? Vaccine specialist Novavax has seen its stock price soar by roughly 25x year to date. While part of the gains were driven by encouraging results for phase 3 trials of the company's NanoFlu flu vaccine back in March, a bu...
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U.S. stock futures edged higher, suggesting that the Dow Jones Industrial Average may end the holiday-shortened week on a flat note.
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Carbon Prices Jump Despite Record Drop in Emissions

Wall Street Journal - 24 Dec 2020 15:00
The European Union's decision to curb greenhouse gases is driving the latest rally, putting carbon credits on par with gold as one of the best performing commodity-linked assets.
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Innoviva Can Offer 25% Upside From Current Levels We believe that Innoviva stock, a pharmaceuticals royalty management company, is a good buying opportunity at the present time. INVA stock trades near $12 currently and it is, in fact, down 17% from its pre-Covid high of...
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Sysco A Top Ranked SAFE Dividend Stock With 2.5% Yield Sysco has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.5% yield, as well as a superb track record of at least two decades...
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Does Salesforce.com's Stock Have 25% Growth Potential? Having gained more than 24% in FY 2021 (FY ends in January), Salesforce.com's stock still has further growth potential. CRM's stock has rallied from $182 to $226 in FY 2021 compared to the S&P 500 which moved 15% in the ...
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Does Honda Stock Have Upside As Automotive Market Recovers? At the current price near $29 per share, we believe Honda Motors' stock has a moderate upside in the near term. HMC stock has remained flat at $29 since the start of the year compared to the S&P 500 which has increased b...
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Despite Rate Cuts, JPMorgan Still Has a 13% Upside We believe that JPMorgan's stock has a 13% upside potential in the near-term, once the loan repayment capability of its customers sees some improvement. JPM trades near $122 currently and has lost 13% in value so far thi...
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Beijing Sends Alibaba an Unwelcome Christmas Present

Wall Street Journal - 24 Dec 2020 12:42
The government's antitrust broadside against the Chinese tech giant marks an escalation in hostilities.
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Time To Sell Estee Lauder Stock?

Forbes - 24 Dec 2020 12:30
Time To Sell Estee Lauder Stock? Up more than 75% since March, we believe Estee Lauder stock could see significant downside. Estee Lauder stock is up 23% so far this year. It traded at $213 in February 2020 - just before the outbreak of coronavirus - an...
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Bitcoin Rally Has Already Outlasted 2017 Run

Wall Street Journal - 24 Dec 2020 12:30
The volatile digital currency has tripled in price this year, but unlike some past surges, it is holding on to gains longer.
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