The stock market these days is like a baby. It throws a fit at the slightest of discomfort. Case in point what transpired yesterday around the Federal Reserve FOMC event. The experts exaggerated its importance as if we were expecting them to change course. This is despite the fact that Fed chair Jerome Powell constantly
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Plug Power GenDrive Fuel Cell with GenFuel hydrogen. Source: Plug Power Shares of Plug Power dropped more than 15% during premarket trading on Wednesday after the company said it will restate financial results following accounting errors. In a filing with the Securities and Exchange Commission on Tuesday evening, the fuel cell maker said it will
Take a look at some of the biggest movers in the premarket: Dollar General (DG) – Dollar General shares tumbled 6.1% in premarket action after the discount retailer missed estimates by 10 cents a share, with quarterly earnings of $2.62 per share. The company exceeded revenue estimates as comparable-store sales increased more than expected. Signet
Let’s establish the fact that I am not a hater of Starbucks (NASDAQ:SBUX) stock. In fact, I was a fan when it mattered most. When the going got tough last year, I saw past the pandemic problems. I supported SBUX stock with my article March 17. Source: Natee Meepian / Shutterstock.com That was one day
In what may be a bellwether for other states, California recently enacted its own extensive COVID-19 emergency rules for business and industry. Issued in late November by the California Occupational Safety & Health Standards Board, the regulations apply to all places of employment except for: Those with employees working at home Those with only one
Since the start of the year, investors have been flooding into JPMorgan Chase (NYSE:JPM) stock. Many believe rising inflation and interest rates will soon let JPM stock make more money from its money. Source: Bjorn Bakstad / Shutterstock.com Since the start of 2021, the bank’s stock has risen over 21%. It opened Mar. 16 at
This is big. Two of the top 5 richest men on the planet just placed big bets on a new electric car tech. Bill Gates, who famously founded Microsoft… And Jeff Bezos, the billionaire behind Amazon.com… Are backing a new type of battery technology that is promising to change the world as we know it…
Cyprus-based company Castor Maritime (NASDAQ:CTRM) was founded in 2017 and is known for shipping dry bulk goods internationally via its own vessels. Some traders like to flip CTRM stock for quick gains, evinced by the stock’s heavy daily trading volume. Source: Pavel Kapysh / Shutterstock.com It’s fine to trade the stock for the short term, but
The Federal Reserve building is pictured in Washington on Monday, March 8, 2021. Caroline Brehman | CQ-Roll Call, Inc. | Getty Images The Federal Reserve on Wednesday dialed up its economic growth expectations but signaled that there are no expected interest rate hikes for the next two years. The so-called dot plot projections budged little
Federal Reserve Chairman Jerome Powell speaks to reporters after the Federal Reserve cut interest rates in an emergency move designed to shield the world’s largest economy from the impact of the coronavirus, during a news conference in Washington, March 3, 2020. Kevin Lamarque | Reuters Fed Chairman Jerome Powell soothed markets Wednesday and pushed back
As the most dominant online advertising player in the world, Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) calls the shots. When Google says the rules of the game change, they change. The company’s recent move to end its behavioral targeting policies have been welcome news for privacy advocates. In the eyes of many consumers, this move was a long time
On-balance volume (OBV), creates a running total of positive and negative trading volume for a stock or security. One of the original momentum oscillators, OBV spawns from Joe Granville’s theory that volume precedes price in an instructive, measurable fashion. The formula’s calculation is simple, rising whenever volume on up days is greater than volume on down
There is probably no company more important to the history of the American South than The Coca-Cola Company (NYSE:KO). But I don’t buy or invest in history. That’s not a reason to be in on KO stock. Source: focal point / Shutterstock.com Today, in 2021, Pepsico (NASDAQ:PEP) is by far the better investment. In fact, Pepsi
Have you heard the news? Formerly known as Marathon Patent Group, the re-branded Marathon Digital Holdings (NASDAQ:MARA) is affirming its commitment to making MARA stock a pure-play Bitcoin (CCC:BTC-USD) investment option. Source: Shutterstock Sure, you could just go ahead and buy Bitcoin – assuming that you want to be bothered with setting up a cryptocurrency wallet and
Recent weeks have seen volatility and nervousness in many of the growth darlings of Wall Street. In fact, the Nasdaq 100 index, which hit an all-time high in mid-February, is about flat for 2021. Many analysts point out frothy valuations in a large number of these names mean the potential for multiples to compress. Given
Take a look at some of the biggest movers in the premarket: Lands’ End (LE) – The apparel retailer reported quarterly earnings of 60 cents per share, topping the 56 cents a share consensus estimate. Revenue also topped analysts’ forecasts. Lands’ End forecast a smaller-than-expected loss for the current quarter and full-year earnings that exceed
As cryptocurrencies soar, investors are turning toward mining plays like SOS Limited (NYSE:SOS) stock. It’s a questionable, and even dangerous, strategy. Source: Mark Agnor / Shutterstock.com That’s not because cryptocurrencies are due for a collapse. I don’t believe that at all. In fact, I believe the opposite. I’m a long-time crypto bull. In theory, the
The retail industry provides a variety of finished goods, both durable and non-durable, to individual consumers and households. The industry also sells services. Products sold by retail companies include apparel, electronics, furniture, kitchenware, sporting goods, books, and toys. Some even sell groceries, pharmaceutical products, auto parts, and gardening supplies. The industry includes traditional brick-and-mortar retailers
Investing in what you know is one the simplest investment strategies out there … Source: Shutterstock And it also happens to be the absolute best strategy I have come across in my 20+ years of investing. On today’s new episode of MoneyLine, I want to tell you about my weekend. I was out and about
Admittedly, Bilibili (NASDAQ:BILI) is an unusual name, but this Chinese digital entertainment company could turn out to be a great investment. If you’re not familiar with BILI stock, then consider putting this one on your radar. Source: rafapress / Shutterstock.com I covered this company a while ago, and I made a bullish call on BILI stock, while