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Market News

Location American Market News for 21 June 2021
Last Week's Stock Market 'Plummet' Was Healthy Adjustment, Producing Blue-Chip Buying Opportunities For sketchy reasons a "risk off" selling mood blossomed on Friday
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Wild Overnight Session Kicks Off Busy Week Featuring Powell, Key Earnings From Nike, FedEx Earnings are busy this week considering we're still a while away from the start of the official earnings season. Some big names to watch include FedEx, Nike, Blackberry, and Carnival. This combination could give an inter...
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Is MetLife Stock Still Attractive?

Forbes - 21 Jun 2021 15:00
Is MetLife Stock Still Attractive? MetLife stock has gained around 28% YTD, increasing from about $47 at the beginning of 2021 to around $60 currently, significantly ahead of the S&P500, which grew 12% over the same period. Trefis estimates MetLife's valu...
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Will Price Hike Halt Chipotle's Stock Rally? Chipotle Mexican Grill, is an American chain of fast casual restaurants in the United States, United Kingdom, Canada, Germany, and France, specializing in Mexican cuisine. CMG has gained 65% - moving from about $837 to $...
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Bed Bath & Beyond's Stock Down 34% From Highs, Time To Buy? Bed Bath & Beyond's stock (NASDAQ: BBBY), a home goods retailer, plunged by almost 34% from its early June (2021) high of $44 but still remains higher by about 53% year-to-date - trading at $29 per share currently. The r...
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Will L Brands' Stock Rebound After the Recent Drop? L Brands, a women's intimate apparel, personal care, and beauty products retailer, experienced almost a 6% decline over the last week (five trading days) to levels of around $63 currently. But will the company's stock se...
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VMware's Stock To See Moderate Growth?

Forbes - 21 Jun 2021 12:30
VMware's Stock To See Moderate Growth? VMware, a cloud computing and virtualization technology company, has seen its stock gain 14% - moving from about $138 to $157 since the end of FY 2021 (ended January 2021). VMware's revenues and earnings benefited from t...
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Will Pandemic Blues Weigh On Matador Resources Stock? The shares of Matador Resources have been racing ahead in the past few months assisted by rising benchmark prices and growing domestic demand. The company is engaged in exploration, development, and production of oil and...
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The Securities and Exchange Commission is preparing to require public companies to disclose more information about how they respond to threats linked to climate change--and businesses are gearing up for a fight.
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Inflation: The Media Screams, But The Market Is Unfazed The media's inflation narrative is breaking down. The markets are voting for a return to normalcy, a strong recovery. So is the Fed. So are most economists. There will be some stress-points and bottlenecks, but no lurch ...
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Bitcoin Falls 12% After China Cracks Down On Mining--What's Next? Bitcoin prices suffered a notable decline that began yesterday afternoon. After this latest drop, where will bitcoin go next? Technical analysts look at key levels of support and resistance.
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Home loans can be availed singly or jointly

livemint.com - 21 Jun 2021 21:26
Home loans can be availed singly or jointly In case of joint home loan, most banks insist on joint ownership of property
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Income earned via cryptocurrency must be disclosed

livemint.com - 21 Jun 2021 21:20
Income earned via cryptocurrency must be disclosed Income from cryptocurrency sale can be taxed as capital gains income or as profits
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Infra funds fall steeply during downturns due to higher earnings volatility and higher leverage of cyclical sectors
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Earnings Preview: What To Expect From Plug Power On Tuesday Plug Power Inc. is scheduled to report earnings before Tuesday's open. Here's a closer look.
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Do you need a super top-up health insurance policy?

livemint.com - 21 Jun 2021 20:54
Do you need a super top-up health insurance policy? Super top-up health insurance policies help meet medical expenses above the deducible under a regular policy
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Work Flexibility Is Hardly a Holy Grail

Wall Street Journal - 21 Jun 2021 20:35
Surveys show many Americans aren't eager to return to the office, but companies have more to consider than just their feelings.
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As Vice President Harris Talks Up Child Tax Credit, Here's What You Really Need To Know About Monthly Payments Starting In July Payments will hit bank accounts every month between July and December.
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What the new gold hallmarking rules mean for you

livemint.com - 21 Jun 2021 20:06
What the new gold hallmarking rules mean for you From 16 June, jewellers have been allowed to sell only hallmarked gold jewellery and artefacts. The government has planned a phase-wise implementation of mandatory hallmarking under the Hallmarking of Gold Jewellery and ...
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Pivoting Powell And Yield Curve Twists: How To Dance To The Fed's Shifting Tunes The Fed's most recent pivot is being felt in the twist of the yield curve and real yields rising.
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A Big Bipartisan Deal On Infrastructure Is Unlikely, Making Democrat-Backed Tax Hikes More Likely, According To Goldman Sachs Here's how Wall Street analysts see Washington drama playing out.
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Invesco QQQ Trust And Vanguard Growth Rated Top Buy This Week If you're looking for something a little less risky than individual stocks, this week's Top Buy ETFs are here to find a diversified way to gain exposure to certain sectors of the market.
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