First-time claims for unemployment insurance totaled 793,000 last week as declining Covid-19 cases provided little relief for the jobs market. The total for the week ended Feb. 6 was above the 760,000 forecast from economists surveyed by Dow Jones but a slight decrease from the previous week’s upwardly revised total of 812,000. The pandemic era
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Is the stock market a casino? As a financial analyst, I believe that the stock market is not what a casino represents. The common factor is risk. But in a casino, you simply make bets, have no expectations but simply want to have fun, and the odds of losing your money are close to 100%.
Discrimination against home renters and buyers by landlords, sellers, and lenders on account of race, color, religion, and nationality was outlawed in the United States by the Fair Housing Act of 1968. Yet bias remains stubbornly difficult to prove and to eradicate, housing experts and civil rights attorneys say. In 1974, the federal government expanded
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: In this lesson, students learned the importance of investing in vigilant leaders. A vigilant leader is a manager that won’t put
You can compare day traders and swing traders to the Ninja Turtles – always fighting the Foot Clan. They are always battling each other, but which one is better? Let’s break down the differences between day traders and swing traders, so you can decide which style of trading is better for you… Holding Time The
Institutional investors can and do move the market. Discover how you can use this information to your advantage through the use of the Zacks Rank.
Solar stocks have been popping recently and for good reason. According to the International Energy Agency, in the next 10 years solar output will create a surge in the renewable power supply. A report by Wood Mackenzie also estimates that solar energy will become the cheapest form of U.S. power by fiscal year 2030. Given
The blowout rally in Bitcoin (CCC:BTC-USD) continues. As I write this, the best-known and most-valuable cryptocurrency trades above $47,000, down modestly from an all-time high set on Thursday morning. Source: Shutterstock Bitcoin now has roughly tripled since November, and rallied more than 50% this year. And the optimism makes some sense. Notably, corporations are increasingly
The Bank of New York Mellon on Wall Street, New York. Scott Mlyn | CNBC Bank of New York Mellon, the nation’s oldest bank, said Thursday that it will begin financing bitcoin and other digital currencies. The custody bank will eventually allow digital currencies to pass through the same financial network it currently uses for
TransEnterix (NYSE:TRXC), which develops robots used in surgeries, has a chance to become a great company. Unfortunately, the medical-device maker’s relative weakness in the U.S., its tough competition and its low revenue prevent me from recommending TRXC stock at this time. Source: Phonlamai Photo / Shutterstock.com TransEnterix has developed a few revenue-generating niches that let
Semiconductor stocks saw massive capital inflows last week as many jumped to record highs. With fresh strength taking the industry, now is a perfect time to hunt for opportunities. While some constituents have run beyond low-risk entry points, others still sit at attractive buy areas. We’ve seen increased attention on the worldwide shortage of chips.
On Jan. 20th, Hims & Hers Health (NYSE:HIMS) announced that it will begin trading on the New York Stock Exchange as HIMS stock. How? Well, the company did this by using a Special Purpose Acquisition Company (SPAC). That is, there was a merger into the shell company Oaktree Acquisition Corp. Source: Lori Butcher / Shutterstock.com
A bitcoin ATM is seen inside the Big Apple Tobacco Shop on February 08, 2021 in New York. Michael M. Santiago | Getty Images Pressure is building on Wall Street banks to accept bitcoin as a legitimate asset class – and it’s coming from within, CNBC has learned. Last month, during a town hall meeting
There are really not a lot of secrets in stocks anymore. At one time, a company like Foresight Autonomous (NASDAQ:FRSX) may have traded under the radar. But that’s not the case in 2021; the company is well-known by the trading community and FRSX stock has delivered the gains to prove it. Source: Olivier Le Moal
Deposit Multiplier vs. Money Multiplier: An Overview The terms “deposit multiplier” and “money multiplier” are often confused and used interchangeably because they are very closely related concepts and the distinction between them can be difficult to grasp. The deposit multiplier provides the basis for the money multiplier, but the money multiplier value is ultimately less,
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: In this lesson, we first learned about the primary components of a bond. We learned that the par value or face
Triple Bottom Reversal Pattern: -Important: This pattern should be treated as a neutral pattern until it reaches the third bottom point. Before that moment it could form as other patterns such as a double top, a declining wedge, etc. -If it breaks past the resistance line that is when the trade should be entered. -If
Kevin Matras screens for bullish chart pattern set-ups with the best fundamentals.
It’s common knowledge that investing in undervalued stocks can generate some juicy returns over the long haul. However, the tricky part is investing in the right stocks at the right time. Investors often favor certain sectors over others and undervalued stocks tend to be in the latter category. Although 2021 is shaping up to be
Controversial Palantir (NYSE:PLTR) stock is up 236% in three months, prompting overvaluation concerns. I have written a couple of times on the company. It’s no secret that I am bullish on PLTR stock, considering the business model and its client list. However, shares are trading at 303 times forward price-to-earnings, and there is no shortage
EBay Inc. signage is displayed at the entrance to the company’s headquarters in San Jose, Calif. David Paul Morris | Bloomberg | Getty Images Is the market gearing up for a pullback? A correction for stocks could be on the horizon, says strategists from Bank of America, but this isn’t necessarily a bad thing. “We
Take a look at some of the biggest movers in the premarket: Coca-Cola (KO) – Coca-Cola reported quarterly earnings of 47 cents per share, 5 cents a share above estimates. The beverage giant’s revenue essentially came in line with Wall Street forecasts. The company saw a year-over-year decline in revenue, income and case volume, but
Plug Power (NASDAQ:PLUG) may be one of the most popular alternative energy plays out there. Shares in the hydrogen fuel cell (HFC) company have “crushed it” in the past year. Yet, there are many more emerging leaders in the “green wave” space that make for stronger investing opportunities than PLUG stock. Source: Alexander Kirch /
Once upon a time, electric trucking company Hyliion (NYSE:HYLN) was a Wall Street darling. Investors were wowed by the company’s breakthrough renewable natural gas (or RNG) technology, and its potential to address the shortcomings of electric and hydrogen technology in long-haul trucking. From June to September 2020, HYLN stock soared from $10 to $55. Then
Lion Electric, which manufactures electric vans and buses, has agreed to merge with Northern Genesis Acquisition (NYSE:NGA) a special acquisition company (or SPAC), by the end of the current quarter. Given the high valuation of NGA stock, along with the tough competition that Lion will face, the fact that it has not yet made very
Virgin Galactic’s spacecraft Unity prepares for flight. Virgin Galactic Virgin Galactic shares dropped after the company on Friday delayed its next spaceflight test, which was scheduled for this weekend. “We have been progressing through our pre-flight preparations and, during that process, we have decided to allow more time for technical checks. We are working to
Check out the companies making headlines before the bell: PepsiCo (PEP) – The beverage and snack giant beat estimates by a penny with adjusted quarterly earnings of $1.47 per share, and revenue was above estimates as well. The company said it expects to see organic revenue and adjusted profit growth this year, and also announced
Tesla (NASDAQ:TSLA) has a brand new problem, and it’s a big one. You’d never know it by looking at the soaring Tesla stock price, but the Chinese government isn’t pleased with Tesla. Following Tesla’s second recall in less than a year in China, the Chinese government publicly warned Tesla that Communist Party regulators aren’t as
The Goodyear Credit Card from Goodyear Tire & Rubber Company (NASDAQ: GT) offers financing for tires and other products and services purchased at Goodyear locations, and can also be used at Exxon and Mobil gas stations (and Exxon/Mobil stations). Offered through Citibank, the card has some perks, including zero-interest payments for up to six months
In this video, a person learns what the Earnings Per Share (or EPS) is.