Month: September 2020

Yahoo Finance’s Adam Shapiro breaks down the stocks to watch Friday. …read more […]

There is some confusion around the concept of trending stocks, because they can mean different things in different contexts. So the first thing we need to clarify is what we mean when we use that phrase.
One way people talk about trending stocks is by referring to stocks that are moving in a generally upward or downward direction over a certain period of time. When the stock is moving upward, we can say it’s trending up. When it’s moving downward, we can say it’s moving down.
Sometimes, the phrase is actually referring to stocks with heavy trading volume, which means it’s a …read more […]

Yahoo Finance’s Ines Ferre joins The First Trade with Brian Sozzi to break down the recent ride for Tesla shareholders, including two price target increases, ahead of battery day. …read more […]

Was the recent market volatility just a fake out? After notching an all-time high on September 2, fears related to overheated valuations spurred a rapid correction, marking the first material correction of the current bull market. However, this doesn’t mean the bears have been vindicated, so says Wells Fargo’s Sameer Samana.Samana highlights the fact that both the S&P 500 and the NASDAQ “were able to hold above the levels we saw in June,” arguing “from a higher highs, higher lows standpoint, the fact you were able to hold at higher levels than June or July is encouraging.” He added, “Right …read more […]

Snowflake made its big debut on Wall Street Wednesday, jumping nearly 112-percent on its first day of trading. Snowflake CEO Frank Slootman joins Yahoo Finance’s The First Trade with Alexis Christoforous and Brian Sozzi to discuss the run-up to the IPO, his journey to this point, and much more. …read more […]

Economies of all shapes and sizes go through cycles. There are expansions and contractions… peaks and valleys of economic output. And the same goes for the markets. There are macroeconomic factors that push the price of stocks up and down. But there are also more obvious ways to anticipate the movement of some companies’ share price… Especially if they fall into the category of cyclical stocks.

Cyclical stocks come in two major classes:

Some go up and down in conjunction with greater trends in the market
Some follow their own annual trajectory based on consumer trends

Identifying cyclical stocks and timing an investment appropriately …read more […]

The survey from the University of Michigan on Friday, however, showed President Donald Trump, a Republican, and his Democratic Party challenger, former Vice President Joe Biden, in “a virtual tie” when assessing consumers’ responses between July and September on which candidate they thought would win the election, not whom they favored or how they intended to vote. “The September gains were primarily in the outlook for the economy, and it was Democrats that posted gains in economic prospects while optimism about the economy weakened among Republicans,” the University of Michigan Surveys of Consumers chief economist Richard Curtin said in …read more […]

From the end of March through the end of August, stocks had a tremendous runup to record high levels. The gains completely wiped out the losses from the mid-winter ‘coronavirus collapse,’ and it looked like we were in for a sustained run of good days. But all of that changed as September rang in. The market hit a bump, and has been undergoing a correction. The Nasdaq is down nearly 7%, and volatility has been high so far this month.A new report from Canaccord’s Tony Dwyer puts the situation into perspective by pointing out the major source of uncertainty: “In …read more […]

Frederick Disanto’s Ancora Advisors is a Cleveland-based boutique investment firm that provides asset management, family wealth, and retirement planning services to its clients. DiSanto has served as Ancora’s CEO since 2006 and leads the firm’s three Registered Investment Advisors. Ancora had $3.1 billion in assets under management as of June 24, 2020. Ancora Advisors runs […] …read more […]

This week we saw the Ovintiv Inc. (TSE:OVV) share price climb by 15%. But only the myopic could ignore the astounding… …read more […]

Moderna’s CEO dismissed suggestions about political pressure, telling Yahoo Finance in an interview that his company was not under the gun from the government. …read more […]

The U.S. will bar people from downloading both TikTok and WeChat starting September 20th. Yahoo Finance’s Alexis Christoforous, Brian Sozzi, and Akiko Fujita break down the latest details. …read more […]

If you want to know who really controls Fortress Biotech, Inc. (NASDAQ:FBIO), then you’ll have to look at the makeup… …read more […]

What would life be like if you could retire at 45? Aside from not having to go to a job every day, what would you look forward to? For some, it’s more time with family. For others, it’s a literal world of travel possibilities. For still more, it’s a reason to wake up stress free every day. But can you really retire by 45?
It might seem impossible, but it’s actually a possibility for many people. You just need to know how to establish financial freedom early on, so you can spend the best years of your life living how you’ve …read more […]

How a half-baked COVID loan to Kodak blew up in everyone’s faces …read more […]