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Market News

Location American Market News for 15 February 2021
Economy Will Be 'Supercharged' After Pandemic But There's One Big Risk, Moody's Says (It's Not Inflation) Concerns about rampant inflation are "much too premature."
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Renewable Energy: Lessons From RobinHood.com This year's short squeeze in Gamestop and other formerly depressed stocks--allegedly triggered in large part by Robinhood.com investors--certainly qualifies as noteworthy. And it has implications for the equally dramatic...
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All Eyes Turn To Stimulus After Trump Impeachment Acquittal--But Hurdles Remain In Deeply Divided Congress If Congress does not act soon, more than 11 million workers will lose unemployment benefits.
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Bitcoin Shows Continued Strength By Retaining Latest Gains Bitcoin bounced back today, approaching $49,000 after approaching $50,000 yesterday and then dropping below $46,000. When will the cryptocurrency break through the $50,000 level?
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Universal Music IPO Has One Off-Beat Note

Wall Street Journal - 15 Feb 2021 21:02
The world's largest record label will be spun out of French media group Vivendi by the end of the year--positive news for investors, with the possible exception of its Amsterdam listing.
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Does Teradata Stock Have Room For More Gains After Cloud Surprise? Teradata (NYSE: TDC), a database and analytics products and service provider, saw its stock rally by close to 73% over the last 5 trading days, and by about 92% over the last month (21 trading days).
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8 Rising Dividends To Buy And Hold For Decades When we find cash flow machines like the eight dividend payers we're about to discuss, we're talking about decades of payments.
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Oil Prices Reach Fresh Highs as Cold Blast Hits Texas

Wall Street Journal - 15 Feb 2021 16:15
Frigid temperatures across swaths of the country put U.S. crude prices on course to settle above $60 a barrel for the first time since the early days of the Covid-19 pandemic.
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Oil Prices Rise To New Pandemic Highs Amid Texas Cold Snap WTI futures passed $60 per barrel on Monday.
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Mortgage Investors Look Back to the Future

Wall Street Journal - 15 Feb 2021 16:00
Investors in mortgage companies are starting to anticipate a turn in the cycle, but it may be premature to call an end to the boom.
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Expect Intensified Regulatory Scrutiny Of Bitcoin The surge in mainstream and corporate interest in bitcoin is accelerating the risk that regulators try to intervene more aggressively.
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Are Covid-19 Vaccine Stocks Still Worth Investing In? Covid-19 vaccine stocks have had a stellar run, driven by the urgency to end the pandemic and the unprecedented speed at which companies developed vaccines. So are Covid-19 vaccine stocks still a buy at this juncture?
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The Uberization of Private Jets Might Be Here to Stay

Wall Street Journal - 15 Feb 2021 13:32
The sharing economy started as a way to fill spare bedrooms and reuse old power drills. It now includes the rich flying around in private jets.
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When The Revolution Comes, It Will Be Decentralized While defi is now mainly used for speculation between tokens of many varieties, in the longer term it offers the promise of reduced costs in financial intermediation by removing middlemen and automating them, it opens up...
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Can DuPont Stock Rebound After A 13% Drop In 10 Days? The stock price of DuPont de Nemours Inc. has seen a 9% decline over the last five trading days, while it is down 13% over the last ten trading days, and we believe the stock will likely rebound from the current levels i...
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Borrowing Binge Reaches Riskiest Companies

Wall Street Journal - 15 Feb 2021 12:30
Investors' near-insatiable demand for even the riskiest corporate debt is fueling a Wall Street lending boom, offering lifelines for struggling companies even as the coronavirus pandemic still drags on the economy.
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GameStop Investors Who Bet Big---and Lost Big

Wall Street Journal - 15 Feb 2021 12:30
GameStop's volatile ride is hitting the portfolios of individual investors who purchased the stock in a social-media-fueled frenzy.
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U.S. Stock Futures Edge Higher on Presidents Day Holiday

Wall Street Journal - 15 Feb 2021 11:48
The S&P 500 could open higher on Tuesday after notching an all-time high at the close of markets on Friday.
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The Currency Market Snoozefest Might Not Last

Wall Street Journal - 15 Feb 2021 11:43
Foreign-exchange markets have returned to their pre-pandemic placidity even as stock-market volatility remains elevated.
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