Year: 2020

Posted by OFX AUD – Australian Dollar The Australian dollar crept back above 0.70 US cents through trade on Monday, buoyed by an uptick in risk appetite. Investors chased risk assets higher following reports further COVID-19 vaccine trials showed promising results. AstraZenica, in partnership with Oxford University, released results of trials that … Continue reading “AUD fails to significantly extend upturn as risk sentiment begins to moderate”The post AUD fails to significantly extend upturn as risk sentiment begins to moderate appeared first on . …read more […]

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(Bloomberg) — A year ago, you couldn’t get Wall Street to touch most gold miners’ stocks. Today, it’s throwing billions at the industry.Precious-metals miners once seen as too leveraged and high-risk for the typical investor raised $2.4 billion in secondary equity offerings during the second quarter, data compiled by Bloomberg show. That’s the most since 2013 and seven times more than the funds they raised a year earlier.With the Covid-19 crisis threatening economies worldwide and gold prices soaring on the heels of monetary and stimulus programs, precious-metals companies have become the darlings of the investment community. The sector, which once …read more […]

Can any superlatives be added to the increasingly long list of ones already used to describe Novavax’ (NVAX) progress in 2020? Words such as stupendous, incredible, and amazing can by now hardly do justice by to the meteoric- there’s another one – rise of the vaccine specialist. The evidence: Novavax’ share price has increased by 3,370% year-to-date.Apart from the early promise shown by its COVID-19 vaccine candidate, NVX-CoV2373, Novavax’ surge has been built on accelerating momentum. Eventually though, the vaccine player will have to back up the share gains, government grants and analysts’ ratings with positive trial results.NVAX’ latest surge …read more […]

My YouTube channel is exploding…
Tomorrow, I’ll post my much-anticipated “ask me anything” episode.
But for today, I want to set the record straight – once and for all.
You see, there are five major trading myths floating around, which get totally debunked in this hard-hitting episode.
It’s called the Ultimate No-B.S. Guide to Day Trading, and as you’ll see, I do not mince words.
Check it out now!
Just click the link below!

For more information on day trading and more… join me in The War Room today!
The post The Ultimate No-B.S. Guide to Day Trading! appeared first on Investment U. …read more […]

There’s a new mega-trend taking Wall Street by storm… with everyone from Amazon’s Jeff Bezos to BlackRock taking notice …read more […]

Chief Income Strategist Marc Lichtenfeld tells investors how they can master market volatility. When the markets are a rollercoaster, investors shouldn’t stress. Instead, investors should look at how they can profit from market volatility. Marc gives us a few tips…
When unemployment numbers turned out to be even worse than we expected on Thursday, the real estate, information technology and consumer discretionary sectors fell within three hours of market open.
The day before, the Dow Jones Industrial Average had its fourth positive day in a row…
Ever since the market’s crash at the end of February, sharp moves up and down that would …read more […]

By Jarrett Banks Triton Electrical Vehicle Founder Himanshu B. Patel likes to think big. So when the solar-power battery company turned its attention to the white-hot electric vehicle (EV) market, he decided to build a massive electric SUV for the baller set. The company announced in April that is taking orders for an eight-seat SUV […] …read more […]

In 1962, sociologist E.M. Rogers came up with his “Diffusion of Innovation” theory.
It’s one of the oldest social science theories.
And during the past several decades, it’s provided an extremely profitable blueprint for investors… particularly now.
Rogers’ theory breaks down the technology adoption life cycle into five main segments, ranging from the fringes of the early market to the completely mainstream. As a piece of technology moves through this cycle, it gains more and more market share…
Of course, not every new piece of tech becomes commonplace.
In the nascent stages, a new technology’s growth is driven by innovators and early adopters. These are …read more […]

As Boeing (BA) continues to make progress towards re-certification of the 737 Max airplane, the company now faces more important challenges. Global airlines continue to struggle financially and face dire passenger levels where new planes won’t be needed for years.The aerospace giant has seen its shares rising on the hopes of an economic recovery. The biggest risk to the rebound story is that airlines don’t need the 737 Max after the long re-certification process following the two deadly crashes in early 2019.Certification ProgressA few weeks back, Boeing and the FAA performed formal certification flight tests over a three-day period. The …read more […]

Congress has authorized $3.6 trillion in stimulus money to help offset the punishing cost of the lockdowns and business closures caused by the coronavirus pandemic. Congress is now developing another massive round of stimulus spending that will probably top $1 trillion. Yahoo Finance’s Rick Newman joins The Final Round to discuss. …read more […]

Tesla shares will be a must-watch stock when the electric vehicle maker reports earnings this Wednesday after the market close. …read more […]

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Stocks rose Monday as investors looked ahead to a packed week of earnings, stimulus talks and congressional testimony from Covid-19 vaccine developers. The Nasdaq logged a record close after rising 1% as shares of Amazon jumped 5% after Goldman Sachs raised its price target on the e-commerce stock to $3800 from $3000.
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(Bloomberg) — Another icon of post-war American suburbia went bust as Briggs & Stratton Corp. declared bankruptcy, felled by weak sales, too much debt and a final push over the edge from the coronavirus pandemic.The world’s biggest maker of gasoline engines for outdoor power equipment sought protection from creditors in a St. Louis bankruptcy court on Monday, citing debts of more than $1 billion. The filing included a $550 million bid for the company from KPS Capital Partners, a New York private equity firm, which promised to keep Briggs & Stratton in business without the crushing debt that plagued the …read more […]