Month: February 2020

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Wall Street’s analysts have been predicting that this year would see slower growth than 2019. But a savvy investor can still find great returns. It may just require a more refined search.The tech industry comes to mind, of course. Tech stocks are the bright and shiny object in the markets and, mostly, they’ve brought in the returns. But they’re not the only game in town. The energy and utility sector – yes, the staid, dull oil companies – rose 6.61% in January, making them the leading gainers in the market.Several factors have come together to fuel their gain. Tax cuts …read more […]

In the market, it’s as if the novel coronavirus scare never happened. After a rough end to January, stocks have come roaring back. Major averages are back to all-time high levels, surpassing the previous records set on January 17.
The reality of coronavirus is different, of course. More than 900 deaths have been attributed to the virus, and more than 40,000 cases have been confirmed in China. More than 300 cases have been confirmed outside of China in 27 different countries and territories.
But that could be just “the tip of the iceberg,” the World Health Organization says.
And the economic impact is …read more […]

With Medicare for all and other giant programs, Sanders would more than double federal spending. …read more […]

President Donald Trump’s persistent calls for the Federal Reserve to lower interest rates are an effort to juice the economy and stock market ahead of the 2020 U.S. presidential elections, according to at least one strategist. …read more […]

(Bloomberg) — California Governor Gavin Newsom isn’t the only potential obstacle facing PG&E Corp.’s plan to finish its bankruptcy case by June 30. Fire victims who blame the utility for their losses could also derail it.U.S. Bankruptcy Judge Dennis Montali warned the company and its backers that it needs to win broad support from fire victims or face a backlash of anger when they vote on the proposal this spring. If the victims, who are considered creditors, reject the plan, Montali said he may block it.The looming vote from fire victims is a reminder of the precarious balancing act PG&E …read more […]

The company did not change its target to achieve profitability on an adjusted basis by the end of 2021 despite its larger rival Uber Technologies Inc last week moving forward by a year its profitability target. Lyft reported revenue of $1.02 billion in the fourth quarter, ahead of analysts who expected $984 million in quarterly revenue, according to IBES data from Refinitiv. Lyft operates only in the United States and some Canadian cities. …read more […]

It sure didn’t take long for this free Trade of the Day recommendation to hit!
A quick review…
Back on January 7, I published a Trade of the Day article, titled “Why Zynga Stock Is Compelling Right Now.”
As a refresher, it read…
For many years, I’ve played Words with Friends, which is a form of Scrabble, developed by mobile video game publisher Zynga (Nasdaq: ZNGA). I admit, it’s a fun game. It keeps me engaged while I’m stuck in an airport or in a doctor’s waiting room – or – really – anytime I need to kill 10 minutes.
However, for as long …read more […]

The Disneyland resort in California is raising ticket prices by 3% to $154 for a single day, according to Bloomberg. Yahoo Finance’s Jared Blikre, Brian Cheung, and Dan Howley joins Seana Smith on The Ticker to discuss. …read more […]