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The NASDAQ 100 is at a record high, up about 43.6% over the past 12 months. By comparison, the Dow Jones Industrial Average and the S&P 500 are up around 6.4% and 16.4%, respectively.While the...
Federal Reserve policymakers don’t seem too concerned about inflation, even as Congress debates adding another $1.9 trillion in fiscal stimulus.Tom Barkin, President of the Richmond Fed, said in...
Stocks on Wall Street inched up on Friday, with the major averages ending at new all-time highs in anticipation of additional fiscal aid from Washington to help the U.S. economy recover.The NASDAQ...
With the majority of earning reports out of the way, investors are likely to now focus their attention on a possible Congressional deal on a new stimulus package.Analysts expect a bigger spending...
From energy to metals and agriculture, China is setting global commodity markets alight. Demand from the economy that is leading the world in beating the coronavirus is soaring. Topping the gains in...
The price of silver has been trading at multi-year highs. It is approximately $27 an ounce at the time of writing. Market volatility over the past year initially catapulted gold, an asset regarded as...
Almost a year ago, in mid-February 2020, broader markets stalled and went into freefall in a matter of weeks as COVID-19 became a global pandemic. Then came the rally that took many stocks to record...
Volatile weather forecasts are keeping natural gas traders on the edge as predicting storage draws for heating gets trickier by the week.Little about this winter has been normal, from the slow arrival...
Reports Q1 2021 earnings on Thursday, Feb. 11, after the close Revenue Expectation: $15.91B EPS Expectation: -$0.327 The Walt Disney Co. (NYSE:DIS) is forecast to report its third consecutive...
Bitcoin jumped over 20% on Monday after Tesla’s most recent SEC filings revealed the electric car maker had purchased $1.5 billion worth of the cryptocurrency. The Palo Alto-based EV...
“Covered calls on Apple (NASDAQ:AAPL)” was the theme we discussed in detail last week. In the earlier post, we noted that buying 100 shares of Apple would cost around $13,500, a...
Growth stocks have been one of the catalysts of the recent rally in global stock markets. A growth stock typically increases revenue and earnings at a faster rate than its peers. They tend to operate...
As this year’s best-performing edible commodity, corn has barely taken a break from its marathon gains since May 2020. While some consolidation over the past two weeks has longs wondering...
It seems as if oil supermajor ExxonMobil (NYSE:XOM) is winning back investor confidence in the wake of the devastating year that was 2020. Its stock has gained more than 50% during the past three...
Based on the chart, which showed a price surge of 22% in just three sessions, one might have thought the asset depicted was Bitcoin. Surprisingly, the spike—from the low on Jan. 28 to the high...
The latest deal creating a buzz in the cannabis industry is the US$7.2-billion takeover of GW Pharma (NASDAQ:GWPH) by a little-known, Ireland-based company—Jazz Pharmaceuticals (NASDAQ:JAZZ).The...
In March 2020, the cash price of copper hit a multi-year low of $4,617 per tonne on the LME. Then, recently, along with many asset classes, copper surged to reach the current multi-year highs of...