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Friday’s losses came along with the coronavirus cases in the U.S. hitting new all-time highs and European countries announcing new lockdowns. Besides, this messy week comes just three days before the U.S. election, and traders are preparing for mutable market moves next week. This trading week has been quite difficult. On
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The Dow Jones dropped over 400 points Friday.U.S. stocks plummeted after earnings season crushed big tech.Nadex believes Dow bulls should be backing Donald Trump.The Dow Jones dropped again on Friday, as earnings crushed Apple and Boeing stock. Election jitters are on the rise, with some investors starting to question how
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Goldman Sachs is predicting a Democratic clean sweep in November as the best outcome for the U.S. economy.Other analysts are predicting something similar, with increased fiscal stimulus seen as the main catalyst for improved GDP.But a Biden victory is still far from certain, let alone a Democratic clean sweep.Goldman Sachs
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Dow Drops 100 Points as Miserable Month for Wall Street Continues CCN.com - News & Blazing Op-Eds The Dow and broader U.S. stock market tumbled on Friday, with the S&P 500 Index heading toward its fourth consecutive weekly decline. Dow Drops 100 Points as Miserable Month for Wall Street Continues CCN.com
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Dow Tumbles 350 Points as Wall Street Cries Out For Another Bailout CCN.com - News & Blazing Op-Eds The Dow Jones fell 350 points, as Jerome Powell made it clear that most economic forecasts assume an additional round of fiscal stimulus that has yet to be passed. Dow Tumbles 350 Points
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Bernstein just raised its rating on Amazon from ‘market perform’ to ‘outperform.’Every major analyst is now bullish on the e-commerce giant.Amazon is benefiting from the shift to e-commerce.After plunging to a low of $1,626.03 on March 16, Amazon stock has had a fantastic rally. Shares soared by 118% to hit
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Quick take:Mad Money’s Jim Cramer is the latest Wall Street Legend to purchase BitcoinMr. Cramer revealed his decision to own BTC via a Twitter conversation with Tyler WinklevossBitcoin looks primed for a short-term move up above $11kOn a Macro level, Bitcoin could be readying for a bigger move up using
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The U.S. stock market bull run might continue because portfolio managers don’t see an inflation-led asset bubble as a threat.It is hard to accurately measure inflation and strategists say that a bubble won’t likely form in the near term, at least until the year’s end.Meanwhile, the Federal Reserve’s average inflation
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Jefferies has upgraded its 12-month target for Tesla to $2,500, only a couple of months after upgrading this target from $650 to $1,200. The upgrade indicates that Wall Street is increasingly warming to the carmaker, although opinion still remains very mixed. Under normal circumstances, the Tesla bubble should be expected to burst,
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Bitcoin is surging higher after consolidating under $10,000 for a number of weeks and months. As of this
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