Month: July 2020

The Nasdaq is like “a train that is moving faster than any train we’ve ever seen before,” says one veteran strategist. …read more […]

Joe Biden’s plan is the antithesis of tax reform. …read more […]

Canceling student debt would not only address the massive racial inequalities between borrowers, but also “jump-start” the economy, according to a Democratic representative. …read more […]

During a recent Yahoo Finance Premium webinar, Yahoo Finance’s Jared Blikre and Brian Shannon, CMT and founder of AlphaTreds.net discuss the stock market rally and how Warren Buffett and Stanley Druckenmiller — two of the world’s highest profile investors — may have missed the boat. …read more […]

Sin stocks. The name alone is enough to scare away lots of institutional and individual investors. But their loss can be your gain.
We humans have been sinning for as long as we’ve existed. Our ancient ancestors wrestled with greed, gluttony, sloth, pride, anger, envy and lust. And that’s certainly still the case today.
That’s why sin stocks – a subcategory of the consumer staples sector – do well no matter what the greater markets are doing.

When cash is flowing, money pours into industries like alcohol, tobacco, casinos and firearms. And they’re just as resilient during economic downturns. Because once people get …read more […]

A housing crisis is less than a month away for millions of Americans whose mortgage and rent deferrals are about to sunset. …read more […]

In a Yahoo Finance Premium webinar, Brian Shannon, CMT discusses why trading legends missed the bulk of the post-Covid stock market rally and explains how traders can avoid common pitfalls, such as impulsive trading, by having a trading plan and knowing their time frame. …read more […]

Let’s talk about dividend stocks. These have always been popular with income minded investors, who are attracted to the steady payments and are wiling to sacrifice some share appreciation to mitigate overall risk. That’s both a fair trade and a viable investing strategy.It should have held together during the height of the coronavirus pandemic. That is, dividend stocks should have performed their usual role for investors, helping to insulate portfolios from a larger shock during a period of recessionary pressures. But they did not. Too many companies were hurt too badly, as earnings and cash flow plummeted, and many formerly …read more […]

Oakmark Funds recently released its second-quarter investor letter – a copy of which is available for download here. In their recent letter to investors, Oakmark Funds announced that OAKMX portfolio returned 23.0% in the second quarter, as compared to 20.5% of the S&P 500 Index. You should check out Oakmark Funds top 5 stock picks […] …read more […]

Amazon.com is launching a new fleet of bigger, boxier trucks like those favored by rival package carriers United Parcel Service Inc and FedEx Corp, as it fights to fix widespread pandemic-fueled delivery delays that sent customers into the arms of competitors like Walmart Inc. The world’s largest online retailer ordered more than 2,200 heavy-duty Utilimaster “walk-in” delivery trucks from Shyft Group, a Michigan-based specialty vehicle company, an Amazon spokeswoman told Reuters. The company declined to say how many of the vehicles have been sent to Amazon delivery contractors, or where they would be deployed. …read more […]

Mesoblast has developed a cellular therapy that may significantly reduce deaths among the most severely sick COVID-19 patients. CEO Dr. Fred Grossman joins Yahoo Finance’s On the Move to discuss what this development could mean in the fight against the virus. …read more […]

This market pro tells Yahoo Finance Joe Biden would not be good for investors. The explanation makes sense. …read more […]

The reduction in the conglomerate’s outstanding shares was noted in a Wednesday filing concerning Buffett’s $2.9 billion donation of Berkshire stock to five nonprofits, part of his pledge to give away nearly all his fortune. If Berkshire repurchased those shares, it might have conducted roughly $4.9 billion to $5.9 billion of buybacks, depending on the price, over 2-1/2 months, analysts said.”It implies relatively strong buyback activity,” said James Shanahan, an Edward Jones & Co analyst with a “buy” rating on Berkshire. …read more […]

(Bloomberg) — The S&P 500 is sending a technical signal that has marked the end of every bear market in modern history.The benchmark’s 50-day moving average broke above the 200-day line on Thursday for the first time since the depths of the selloff in late March, forming a so-called golden cross. The price pattern is seen by some technical analysts as a positive omen as it frequently precedes sustained rallies.Golden crosses for the S&P 500 have corresponded with the end of every major bear market in the last 70 years, according to Sundial Capital Research.To be sure, using signals that …read more […]

North Carolina-based asset management firm Massif Capital, LLC released its second-quarter investor letter this month – a copy of which is available for download here. The fund is currently being co-managed by Will Thomson and Chip Russell. In their recent letter to investors, Massif Capital announced that the core portfolio was up 18.3% in the […] …read more […]