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Market News

Location American Market News for 8 January 2021
Stock Market Crash: Is This Stock Rally Really Resilient? A stock market crash is generally defined as when a stock market falls over 10% in a day.
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Bitcoin's Hot 2021 Continues With Move Above $40,000

Wall Street Journal - 8 Jan 2021 01:00
The digital currency's price has doubled in less than a month.
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Daily Dividend Report: Enterprise Products Partners, Cigna, Pembina Pipeline, Commercial Metals, GFL Environmental
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Mastering Your Trading Psychology

Forbes - 8 Jan 2021 23:27
Mastering Your Trading Psychology When we train for performance, we inevitably train the mind.
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The A widely read piece by Nicholas Eberstadt serves as an X-ray to U. S. economic indicators and shows how porous the myth of American prosperity has become since the turn of the century.
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Stocks Hit Record Highs As An Extra $1 Trillion In Stimulus May Come Stocks hit record highs. Rosenberg expects an extra trillion-dollar package from Democrats "fairly soon". The biggest winners this week are cannabis, green energy, lithium, battery, and oil stocks.
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Coronavirus Playbook: Which Stocks To Buy In 2021? It is always incredibly arduous for retail stock traders to pick a winning stock.
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Jobs Market Suffers a Relapse

Wall Street Journal - 8 Jan 2021 18:28
A disappointing nonfarm payrolls report can be explained by Covid-19. That makes the near-term trajectory look weak.
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Verizon Communications Makes Notable Cross Below Critical Moving Average In trading on Friday, shares of Verizon Communications crossed below their 200 day moving average of $57.82, changing hands as low as $57.69 per share.
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3 Reasons To Buy SoFi Stock After Its SPAC IPO Six years ago I invested in SoFi. Now that it's poised to go public, I'm in no hurry to sell
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Banks Called Out For Their Role In Financing Plastic Pollution Banks are coming under pressure to tackle plastic pollution through their lending policies. A new report claims they are not applying any lending criteria to loans to companies in the plastics value chain.
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Stocks Add To Record Gains-Again-Despite Disappointing Jobs Data As Market Looks To Biden's Stimulus Plan With Democrats in control, Biden's reportedly drafting up an ambitious relief plan that includes $2,000 stimulus checks for qualifying Americans.
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Job Creation Falls In December For First Time Since April, Hit By Leisure And Hospitality Losses Today's jobs report marked the first time with a net-loss of jobs since last April, reflecting the recent wave of shutdowns. There are some bright spots, however, with manufacturing, construction, retail, and transportat...
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Stock futures are signaling strength at the end of a week of political strife.
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Long-Term Bonds Hit Hard After Georgia Senate Runoffs

Wall Street Journal - 8 Jan 2021 15:46
Democratic victories in the Georgia Senate races this week have spurred investors to bet on a higher spending government that will bring growth and inflation to the U.S. economy.
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Why Did Palantir Stock Decline 20% Over The Last Month? The stock price of big data and analytics player Palantir is down by about 20% over the past month. Although the company has seen some positive developments in recent weeks, including a new two-year contract with the UK ...
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Will Royal Caribbean Stock Recover To $110 Levels? Royal Caribbean stock has jumped by almost 25% over the last two months, as investors saw news surrounding the strong efficacy of Covid-19 vaccines and the commencement of dosing in the U.S. as a sign of the beginning of...
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Here's Why T-Mobile Stock Will See More Appreciation Despite an impressive rise of 67% in the last one year, at the current price of $132 per share, we believe T-Mobile stock is still undervalued. The stock has, in fact, gone up 76% from its March lows of 2020. It has rall...
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MetLife Stock Is Likely To Trade Sideways In The Near Term We believe there may be better places for your money than MetLife's stock at the present time. MetLife, a leading provider of insurance, employee benefits, and financial services, trades at $49 currently and has gained 7...
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China Takes Its Pigs to the Futures Market

Wall Street Journal - 8 Jan 2021 13:45
The new hog futures may smooth out some of the wild swings in Chinese markets.
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Joe Biden's Big Decision on Tech Taxes

Wall Street Journal - 8 Jan 2021 13:35
If President-elect Joe Biden bats the thorny question of tech taxes down the road the way Democratic predecessor Barack Obama did, investors will pay the price.
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Expect Limited Gains From Coty Stock In The Near Term Having gained more than 35% since the March 23 lows of last year, at the current price of $7 per share, we believe Coty Stock has limited upside in the near term. Coty Inc., one of the biggest cosmetics brands in the wor...
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