Month: November 2020

Traders work on the floor of the New York Stock Exchange. NYSE The Dow Jones Industrial average’s rally through 30,000 could draw in sidelined cash and broaden market leadership, as investors bet on financials and other underperformers in addition to technology shares. The Dow rode to 30,000 from 20,000 with a big lift from technology.
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A margin account lets you leverage your buying power and buy more stocks than you could with your available cash by taking on a loan from your broker. The stocks purchased themselves are then held as collateral by the brokerage firm. The brokerage firm and the investor must follow many rules when buying securities on margin. The
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Shares of Merck (NYSE:MRK) stock remain 12% below where they started the year, while the value of other drug companies have soared. Source: Atmosphere1 / Shutterstock.com While Merck is one of the most respected drug makers out there, it was seen to be behind the curve when it comes to the novel coronavirus. It is
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I have to hand it to the management of fossil-fuel giant Exxon Mobil (NYSE:XOM). Despite all of the issues plaguing the energy sector, Exxon Mobil’s executives seem committed to maintaining the high dividend yield of  XOM stock. Source: Jonathan Weiss / Shutterstock.com Is this commendable or just stubborn? That’s a legitimate question as the onset of
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SpaceX prototype rocket Starship SN8 stands on the company’s launchpad in Boca Chica, Texas before an engine test. @LabPadre SpaceX is aiming to launch its latest Starship rocket prototype as early as “next week,” CEO Elon Musk said on Tuesday, in what would be the company’s most ambitious flight test of the rocket to date.
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Today’s seesaw markets can be worrisome to investors saving for retirement. Watching account values rise and fall can cause you to feel anxious about your simplified employee pension (SEP) plan. However, your SEP has more advantages than disadvantages, even during times of market volatility. Key Takeaways A simplified employee pension (SEP) is a type of individual retirement
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The artificial intelligence (AI) market is rapidly growing in North America and the world. The novel coronavirus pandemic has only exacerbated the need for AI leading to explosive growth rates. That makes AI stocks excellent prospects for any portfolio. With the industry projected to exceed $200 billion by 2026, you would want to gain exposure
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Next year at this time, we will celebrate the 400th anniversary of what’s considered the first Thanksgiving. Source: Shutterstock You know the story. Colonists who had come to America aboard the Mayflower and celebrated the harvest with the Native Americans. I had forgotten it was a three-day feast. Most of us today gather for one
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Richard Newstead | Moment | Getty Images Drones have arrived on Wall Street. Goldman Sachs, the world’s top mergers advisor, is among investment banks using drone technology to give its clients a bird’s-eye view of the companies they are bidding on, according to Stephan Feldgoise, the firm’s global co-head of mergers and acquisitions. After Covid-19
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Big dividends. And I mean really big dividends. Yields that are multiples of the average of the members of the S&P 500 Index. But big dividends are worthless if the companies behind them aren’t up to sustaining them, or if the dividend stocks aren’t working in the market. A dividend yield won’t be worth much
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