Year: 2020

The U.S. Mint is asking Americans for help in solving the nationwide coin shortage caused by the coronavirus pandemic. …read more […]

In his State of the Market video yesterday, Chief Income Strategist Marc Lichtenfeld shared what he calls “the greatest savings secrets that no one talks about… hands-down my favorite savings and retirement tip.”
It’s a strategy he’s shared with you before – and it’s a solid route to a wealthy retirement that too many savers overlook.

Does this look familiar?
Marc is such a strong believer in the power of a health savings account (HSA) to transform your retirement that he wanted us to ensure it was the first thing his readers ever heard from him.
That’s why your very first email from Marc …read more […]

* This weekend’s Barron’s cover story examines the prospects for electric truck makers. * Other featured articles look at companies seeking a cure for sickle cell, risks associated with mortgage REITs and a bubble forming in hydrogen fuel-cell stocks. * Also, the prospects for a troubled California utility, a tobacco pick, a fast-food giant and more.Cover story “Electric Trucks Are the Future. The Stocks Are for the Bold.” by Al Root suggests that though speculative fervor has sent shares of electric-truck makers like Nikola Corporation (NASDAQ: NKLA) soaring, competition is stiff and Tesla-like returns may prove elusive.Bill Alpert’s …read more […]

* Benzinga has examined the prospects for many investor favorite stocks over the past week. * This week’s bullish calls included an iconic beverage stock and a cannabis stock. * The iPhone maker and the electric vehicle leader were among the week’s bearish calls.Overall, the second-quarter earnings have not been as bad as many had feared. Yet, last week’s employment numbers disappointed, U.S. relations with China remain on shaky ground, the pandemic continues to have an impact on everything from movie releases to big shopping events and the hurricane season is ramping up.The S&P 500 and the …read more […]

The compounding stresses of the coronavirus pandemic, the sudden transition to remote learning, and the politicization of schools reopening are burning out teachers. …read more […]

Tesla released its Q2 2020 earnings report last night, and analysts responded with a flood of price target increases for Tesla stock (NASDAQ:TSLA). We’re finally starting to see a significant number of analysts with price targets in excess of $1,000, although the company’s valuation still gives most analysts pause. The automaker reported $6 billion in revenue […] …read more […]

Charlie Munger is famous for stressing the role of moats in successful investing. He argues that only strong moats allow a business to earn returns in excess of the cost of capital for substantial periods of time. The big problem is maintaining a moat. Potential competitors, eyeing those excess returns, will want to enter. What is […] …read more […]

The clash between federal agents and protestors in Portland is raising important questions about the role of the government in local policing. …read more […]

SunTrust Robinson Humphrey analysts initiated coverage of the three major U.S.-based oil giants but suggested only two should be bought by investors.The Analyst: Welles Fitzpatrick initiated coverage of the following three stocks: * Chevron Corporation (NYSE: CVX) at Buy with a $120 price target. * ConocoPhillips (NYSE: COP) at Buy with a $51 price target. * Exxon Mobil Corporation (NYSE: XOM) at Hold with a $41 price target.Dividend Policy: The three majors are known for offering low risk and stable dividend and the recent oil downturn forced the companies to defend payouts, even at the expense of …read more […]

Even if it’s not a huge purchase, we think it was good to see that Jonathan Awde, the Co-Founder of Gold Standard… …read more […]

What is a SPAC IPO? As some of the most anticipated IPOs choose to go public via SPAC, it’s a question people are asking more and more. So, let’s look at what a SPAC is and why companies choose to go this route.
What is a SPAC IPO?

SPAC stands for special purpose acquisition company. These are also known as blank-check companies. They’re companies with no business operations. Instead, they raise funds in initial public offerings (IPO). The SPACs then use that money to acquire a private company.
Although the SPAC is already public, the process of the merger is still considered a …read more […]

(Bloomberg) — It’s easy to forget now but there was a time early on in the pandemic when the price of gold was in freefall.It was a curious thing, what with the virus sparking a collapse in the global economy, and it would prove in time to be one of the great head-fakes in the recent history of financial markets. For the pandemic of 2020 would soon show itself to be the driving force behind one of the most ferocious rallies the gold market has ever seen. At the close of trading in New York on Friday, bullion had spiraled …read more […]

As you might know, CSX Corporation (NASDAQ:CSX) recently reported its quarterly numbers. It was a credible result… …read more […]

HSBC on Saturday denied Chinese media reports that it had “framed” Huawei Technologies and played a role in the arrest of the chief financial officer (CFO) of the world’s biggest telecoms equipment maker. In a statement posted on the bank’s Chinese WeChat messaging service account, the London-headquartered lender said it did not participate in the decision of the U.S. Department of Justice to investigate Huawei. The HSBC statement comes a day after China’s official People’s Daily newspaper published a report accusing HSBC of being an accomplice of the United States and lying about Huawei, resulting in the arrest …read more […]

It’s been a good week for Baker Hughes Company (NYSE:BKR) shareholders, because the company has just released its… …read more […]