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Market News

Location American Market News for 19 March 2021
Bond Yields Won't Stop Until Stocks Get Slammed Or The Fed Adjusts The golden rule of technical traders is simple: Price is King. There's nothing more important in trading than where something has already traded. Is price rising, falling, gaining or losing momentum, range-bound, breakin...
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The U.S. bank's asset-management arm plans to take a 10% stake in the wealth subsidiary of China Merchants Bank, marking the first time a Chinese bank has opened up its wealth-management subsidiary to a foreign strategic...
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Should You Buy FedEx Stock Over UPS?

Forbes - 19 Mar 2021 14:30
Should You Buy FedEx Stock Over UPS? We think that FedEx currently is a better pick compared to United Parcel Service. FDX stock trades at about 0.9x trailing revenues, compared to around 1.7x for UPS. Does this gap in FedEx's valuation make sense? We don't...
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The Housing Market's 'Safe' Bubble Sets Stage For Homebuilder Stock Price Gains Today's housing market is sound. Likely this year will see activity increase and prices continue to rise - even if mortgage rates rise.
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Nike reported quarterly sales Thursday that missed analysts' estimates, as its North American business was hurt by congested ports and container shortages.
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CEO Fred Smith said the logistics giant expects demand for its "e-commerce and international express solutions to remain very high for the foreseeable future."
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As Stimulus Is Deployed, The S&P 500 Is Buzzing With Rotation Questions This week, $400 billion in direct stimulus payments began flowing into the bank accounts of US households, courtesy of the American Rescue Plan. Any investor must wonder: where will this money go next?
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Treasury Yields Remain Volatile After Fed Kills Capital Relief

Wall Street Journal - 19 Mar 2021 20:13
Treasury yields spiked before calming after the Federal Reserve said it wouldn't extend temporary relief to banks aimed at soothing the pandemic's strains in Treasury markets.
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NFL Stops the Clock on Streaming Consolidation

Wall Street Journal - 19 Mar 2021 19:58
New distribution deals should help establish streaming entrants like Paramount+ and Peacock.
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DOJ Investigating Visa Over Debit-Card Practices

Wall Street Journal - 19 Mar 2021 17:20
The Justice Department's antitrust division has been gathering information and asking whether Visa, the largest U.S. card network, has limited merchants' ability to route debit-card transactions over card networks that a...
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NFTs: The Method to the Madness of a $69 Million Art Sale

Wall Street Journal - 19 Mar 2021 16:30
'Nonfungible tokens' could solve problems that have dogged the art world and other markets for centuries. Still, some buyers may be getting a bit too enthusiastic.
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MSCI Earns An Attractive Rating For March, Despite Downward Trend Although MSCI stock is slipping - down 5.4% since the start of 2021 - there doesn't appear to be cause for upset. Here's what Q.ai has to say.
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Top Stocks To Short Today After Fed's Major Bank Decision All major indices are projected to end the week with losses, as the Dow Jones fell 70 points, the S&P 500 traded flat, and the Nasdaq mildly gained 0.2%. But Q.ai's deep learning algorithms can help you beat the market w...
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Top Stocks To Buy Today As Rate Fears Linger All of the major indices are on track to post a losing week, with the Nasdaq relatively underperforming. But Q.ai's Artificial Intelligence has brought you today's top buys to make the most of this market.
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Witching Day On Wall Street: Stable Start After Thursday Selloff As Treasury Yields Ease This morning, investors seem to be somewhat calmer as Treasury yields ease, allowing stocks to regain some ground after yesterday's selloff. Still, eyes are on rising case counts in Europe.
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Why Hawaiian Electric Industries Stock Is A Solid Recovery Play Hawaiian Electric Industries - Hawaii's primary electric utility company - has seen its stock rally by about 20% to levels of around $41 per share since our last update in January discussing the stock's upside potential....
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How a taxi driver saved ₹10 lakh in a decade with ₹4,000 SIP In the past decade, the taxi driver invested ₹4,69,998, which works out to be ₹3,916 a month. He has now managed to accumulate ₹9,87,987 corpus
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Technology stocks were poised to lead gains.
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Under-The-Radar Plays In Metals & Mining

Forbes - 19 Mar 2021 14:39
Under-The-Radar Plays In Metals & Mining Several leading resource sector experts and contributors to MoneyShow.com highlight some under-the-radar ideas for those seeking exposure to gold, silver, copper, uranium and rare earth metals.
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Sorry, Honey, It's Not You, It's Travel

Wall Street Journal - 19 Mar 2021 14:30
In a recent survey from trivago, consumers say they will give up just about anything--even sex--to travel right now.
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Can Rally In Cassava Sciences Stock Continue? The stock price of Cassava Sciences, a clinical stage biotechnology company focused on treatment for Alzheimers, has seen a 7% rise over the last ten trading days, while it is up 1% over the last five trading days. Howev...
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CME Group Stock Is Slightly On The Pricier Side After close to 50% gains since the March 23 lows of last year, at the current price near $208 per share, we believe CME Group's stock is trading above its near-term potential. CME Group, the world's largest financial der...
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