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Market News

Location American Market News for 25 March 2021

This Bull Market Has a Troubling Reliance on Speculation

Wall Street Journal - 25 Mar 2021 15:42
Earnings, valuation and rampant speculation have all played a role in the extraordinary bull market that began a year ago this week. The latest combination of the three has a troubling reliance on the speculative element...
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Why 147,000 People Will Get $191 Million Of Student Loan Cancellation Do you qualify for student loan cancellation? If you attended this school, you might.
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Doing Your Taxes? Download the WSJ Tax Guide 2021

Wall Street Journal - 25 Mar 2021 23:31
Navigate how to file your 2020 taxes with our guide on all you need to know.
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Report: Robinhood Is Building A Platform To Democratize IPOs The wildly popular stock trading app wants to make sure its users don't miss out on first-day trading pops.
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President Biden's Policy Mistake About Carbon Pricing Will Be Monumental Despite President Biden's gargantuan spending proposal for addressing climate change, his plan sidesteps putting in place a policy that would price carbon at its social cost. The odds that his overall program will succee...
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Tech Stocks Like Tesla Are 'Screaming' For A Correction-Here Are The Ones Most At Risk Sky-high valuations have been alarming some investors.
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$1,400 Stimulus Checks Are Already Working As Credit, Debit Spending Surges 45%, BofA Says The IRS has sent out 127 million payments worth $325 billion.
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Senate Votes To Extend Paycheck Protection Program Until May 31 The Small Business Administration will have until June 30 to process backlogged applications.
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All Fun And Games For Mattel Stock, Says Bull Signal The shares of toymaker Mattel (MAT) just pulled back to a trendline with historically bullish implication.
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Laser War Has Left Scorch Marks

Wall Street Journal - 25 Mar 2021 18:04
By spurning Lumentum's higher cash offer, laser-component maker Coherent bets big on II-VI's stock price recovery.
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Top Stocks To Short Today As Major Indices Trade In The Red Amid real potential for another sell-off, the deep learning algorithms at Q.ai have crunched the data to give you top shorts for today.
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Top Stocks To Buy Today As The Carnage Continues Investors may be facing another sell-off today. But Q.ai's deep learning algorithms can help you make the most of the market with today's top buys.
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Do SPACs Live Up To The Hype?

Forbes - 25 Mar 2021 17:54
Do SPACs Live Up To The Hype? SPACs are hot right now, but do they make sense for investors? Commonwealth CIO Brad McMillan investigates the hype.
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Like Cicadas, The 'One-Year Later' Stock Market Reports Have Emerged And Are Making A Deafening Noise That Implies, 'You Missed Out!' - Ignore Them The basic media flaw - cherry picking a time period
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Olive Garden Parent's Investors Are Still Feasting

Wall Street Journal - 25 Mar 2021 16:16
American consumers are finally back to eating out. A strong forecast from Darden Restaurants shows that, at least for now, the "reopen" trade is still on the menu.
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Treasurys Calm, But Investors Anticipate a Rate Rise Soon

Wall Street Journal - 25 Mar 2021 16:10
Though Treasury markets have stabilized this week, yields are signaling that investors still expect the Federal Reserve to be forced to raise rates sooner than it is saying.
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Pinterest Stock Looks Like A Solid Bet Following The Recent Pullback Pinterest stock is down by about 20% from its February highs, trading at levels of around $71 per share currently. This sell-off was driven by a correction in high-growth stocks over the last few weeks amid fears of risi...
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Will Stimulus Checks Spark Hyperinflation?

Forbes - 25 Mar 2021 15:44
Will Stimulus Checks Spark Hyperinflation? Ever wondered why the hell the government wants inflation? And why is it handing out stimulus checks to intentionally bring it back? Here's the answer.
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Dow Falls 150 Points As Nike Plunges Over China Boycott And Alleged Ties To Forced Labor Nike and H&M are down about 4% each Thursday morning.
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Energy Stocks Could Be A Focus As Oil Market Grapples With Economic Worry, Suez Blockage This morning, selling pressure from yesterday's ugly close seems to be finding its way into early trading. Meanwhile, the global supply chain is in focus as the blockage of the Suez Canal continues.
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Snowflake Stock Down 45% From Highs, Time To Buy? Snowflake stock has been trending lower over the last month due to the broader sell-off in high-growth tech names, on account of fears of inflation and higher bond yields. The stock, which trades at about $220 per share ...
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If Bitcoin Crashes Here, The Whole Market's Going With It There are really only two options for bitcoin at this juncture. 1) Treasury auctions start failing and investors paralyzed by fears of hyperinflation pile into bitcoin, sending it to the moon. Or 2) it crashes.
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