In this article LUV HLF GE ORCL An exterior view of the Oracle Field Office at Wilson Boulevard in Arlington, Virginia, October 18, 2019. Tom Brenner | Reuters Check out the companies making headlines in midday trading. Oracle – The tech company’s shares slid 3.7% after Oracle’s first-quarter revenue missed expectations. The company reported sales
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Ride the rising tide is the prevailing theory behind investing in momentum stocks. It’s essentially the polar opposite of buy low, sell high investing. Moreover, one of the advantageous aspects of momentum investing is that it works best in bull markets. Investors tend to herd in to a higher degree in bull markets. Fortunately for
Exxon Mobil (NYSE:XOM) stock seems attractive after some consolidation over the last six months. Source: Jonathan Weiss / Shutterstock.com The Delta variant of Covid-19 has translated into some uncertainty related to global GDP growth acceleration. However, vaccinations continue to provide hope and it seems likely that the world will crawl back to normalcy. Several stocks
Paysafe (NYSE:PSFE) stock has been on a wild rollercoaster ride since its public debut in March 2021. The company is a specialized payments provider operating in three main segments, Integrated Processing, Digital Wallet and eCash Solutions. It went public after merging with special-purpose acquisition company (SPAC) company Foley Trasimene Acquisition II Corp. Source: Sulastri Sulastri /
The last time I wrote about ContextLogic (NASDAQ:WISH) stock was in August. Source: sdx15 / Shutterstock.com I suggested that WISH stock wasn’t worth more than a couple of bucks. On the bright side, I did say becoming a logistics and fulfillment business was a smart move. However, its pivot is a risky one and might
To hear American carmakers and the United Auto Workers tell it, government assistance is non-negotiable. Cash infusions courtesy of the taxpayer are necessary to protect a vital industry, keep people employed, and maintain Detroit’s place as one of commerce’s “shining beacons.” Yet the world’s second-largest car company manages to not only survive without help but generate
Water sustainability is a growing concern for many investors.
An illustration showing the cryptocurrency bitcoin with a price chart in the background. STR | NurPhoto via Getty Images The banking and investing app MoneyLion is adding crypto trading to its all-in-one financial services app. The eight-year-old fintech company, which plans to go public later this month on the New York Stock Exchange under the
A customer pushes her shopping cart through the aisles at a Walmart store in the Porter Ranch section of Los Angeles. Kevork Djansezian | Reuters Tuesday’s report of the consumer price index could set the tone for markets ahead of next week’s Federal Reserve meeting, particularly if it is hotter-than-expected. The CPI is expected to
Rejection can be painful, especially if you’re a longtime investor in Canadian cannabis company Sundial Growers (NASDAQ:SNDL). Time and again, SNDL stock has flirted with the key $1 level, but gravity keeps pulling it back down. Source: Postmodern Studio / Shutterstock.com I’ll admit, I recommended a patient stance on Sundial Growers in July, and my timing wasn’t perfect.
Exxon Mobil (NYSE:XOM) continues to trade lower, pushing up its dividend yield, and making XOM stock a very interesting bargain and value play. From a peak of $64.66 on June 25, the stock has drifted down to $55.25 as of September 13. But, as I wrote last month, it is still worth over $75, given
One of the most interesting financial services revolutions over the past few decades has been the advent of commission free trading at major online brokerage firms. No company has played a larger role in ushering in this new era of trading more than Robinhood Markets (NASDAQ:HOOD). HOOD Stock began trading on July 29. Source: mundissima
Let’s be honest: some traders haven’t been too impressed with Micron Technology (NASDAQ:MU) in 2021. They were probably expecting MU stock to continue climbing like it did during the first quarter of the year, but it simply didn’t work out that way. Source: Piotr Swat / Shutterstock.com A contributing factor to Micron’s challenges has been the
In this article APO Marc Rowan, co-founder and senior managing director of Apollo Global Management LLC, speaks at the annual Milken Institute Global Conference in Beverly Hills, California, U.S., on Tuesday, April 29, 2014. Patrick T. Fallon | Bloomberg | Getty Images The high inflation readings for the U.S. economy are showing up in every
Take a look at some of the biggest movers in the premarket: Virgin Galactic (SPCE) – Virgin Galactic is delaying its first commercial research space mission after a third-party supplier warned of a potential defect in a component of the flight control system. Virgin Galactic shares slid 3.4% in the premarket. Dell Technologies (DELL) –
Last week was one of the strangest ones I’ve seen in a long while. The mood on Wall Street soured tangibly without any significant evidence of deterioration in price. The indices were still within a half percent of an all-time high, yet the headlines read of corrections. The commentary sounded like we had already dropped
Vanguard funds are always easy to recommend because the company is one of the best investment firms on planet Earth. Founded in 1975 by finance legend John Bogle, the company pioneered the exchange traded fund (ETF). An ETF passively tracks a stock index or basket of stocks from a specific economic sector. Bogle, who died
Fisker (NYSE:FSR) stock has been seen by many as an EV play whose time has come, but that seems to be the pitch on many if not most EV stocks. Source: T. Schneider / Shutterstock.com The automobile industry is going through a massive change since the proliferation of electric vehicles. As countries continue to work towards
Roku (NASDAQ:ROKU) has been a pioneer in bringing streaming content to television (TV) sets. Yet after soaring more than 140% in 2020 and reaching a record high of $490.76 in July 2021, ROKU stock has also seen wild swings in 2021. Source: JHVEPhoto/Shutterstock.com For example, the stock was up around 17% in January, then down 18%
As of today, September 13, 2021, the jumbo 30-year fixed mortgage rate is 3.14%, the jumbo 15-year rate is 2.82%, and the jumbo 7/1 ARM rate is 2.19%. These rates are not the teaser rates you may see advertised online and based on our methodology should be more representative of what customers could expect to
In this episode of let’s talk stocks, we are going to take a look at the rounding bottom stock chart pattern. Most of the time this is a reversal pattern, however, it can sometimes be a continuation pattern. I’m going to show you what this pattern looks like, the previous trend, volume, projections, entry points,
Which airlines stocks are winners after Boeing’s big sale?
In this article RKLB The company rings the Nasdaq bell from its headquarters on Aug. 25, 2021. Rocket Lab Khosla Ventures, the Silicon Valley venture capital firm founded by Indian-American billionaire Vinod Khosla, made multiple early bets on Rocket Lab that are paying off enormously now that the space company is public. The VC firm
Novavax (NASDAQ:NVAX) released its second-quarter results on Aug. 5 and updated the market on its Covid-19 vaccine progress. Their Covid candidate has performed well in its Phase 3 trials and the company expects to apply for emergency use authorization (EUA) for distribution in the U.S. during Q4. As a result, it looks like NVAX stock
Ashford Hospitality Trust (NYSE:AHT) is a REIT (real estate investment trust) that is slowly digging itself out of a really bad financial situation. The problem is AHT stock is not likely to move higher until it accomplishes that feat. As a result, most cautious investors will stay away from the stock. Source: Shutterstock AHT stock
Earlier this year, investors piled into economic reopening and travel stock names. This made sense. The media was playing up the “Roaring 20s” narrative as it was hoped that rapid vaccination rates and a surging economy would lead to a summer of vacations, partying, and pent-up enthusiasm. Ashford Hospitality Trust (NYSE:AHT) stock was one such
Chewy CEO Sumit Singh (C) rings the opening bell to commence the day’s trading for the Chewy Inc. IPO at the New York Stock Exchange (NYSE), June 14, 2019. Andrew Kelly | Reuters From e-commerce-driven pet healthcare, to cybersecurity, to online sports gaming, upside potential lies in many sectors of the stock market. Financial data
Roku (NASDAQ:ROKU) is still a growth stock, despite the fact that it’s been falling lately. In fact, in my last article on ROKU stock, I wrote that it could end up falling some 20% to 30% from Aug. 11. That was when it was at $369.21. Since then, it has fallen 9%. Source: Michael Vi
Although fuboTV (NYSE:FUBO) stock continues to post very impressive year-over-year user and revenue growth numbers, its sequential sales growth was not very spectacular. Source: Lori Butcher/ShutterStock.com Additionally, the company’s losses continue to widen, and I still believe that its growth is likely to begin to decelerate sooner rather than later. Meanwhile, FUBO stock remains fairly
Every large enterprise would like the hybrid cloud salesforce.com (NYSE:CRM) has built for itself. CRM stock is off 3% since the start of September. Source: Bjorn Bakstad / Shutterstock.com Salesforce has its own network of data centers but it’s far from being a Cloud Czar. Over the last 12 months Salesforce’ capital spending has been