Canadian stocks will be getting a boost on the news that Joe Biden is the United States’ President-elect. U.S.-Canada relations have been strained during Trump’s term as U.S. President. That much is clear. The U.S. and Canada share a long border, many cultural values and many of the same views in general. Yet, it would
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I hope you and yours had a happy and healthy Thanksgiving. Source: Shutterstock I know it was different and even difficult for a lot of folks this year, but I do hope you have been able to find things in your life for which you are thankful. I am thankful for many things … especially
Traders work the floor of the New York Stock Exchange. NYSE Stocks next week will come off one of their best months ever into a busy week of economic data and the ongoing tensions between the spreading virus and positive news on vaccines and treatments. Another highlight of the week is expected to be Tuesday’s
Major stock exchanges, like the Nasdaq, are exclusive clubs—their reputations rest on the companies they trade. As such, the Nasdaq won’t allow just any company to be traded on its exchange. Only companies with a solid history and top-notch management behind them are considered. The Nasdaq has four sets of listing requirements. Each company must meet
There has been quite a shift in the energy markets, even before the pandemic turned the world upside down. As such, there are plenty of reasons to avoid energy stocks that just aren’t what they used to be. In 2019, oil hit nearly $63 a barrel. But it had been on a long downward trend
Right before we rang in 2020, Novavax (NASDAQ:NVAX) found its equity units trading for just under $4. Fast-forward a few months into the novel coronavirus pandemic and NVAX stock was screaming toward the $200 level. Source: Ascannio/Shutterstock.com Of course, it didn’t quite get there. However, if you had gambled on shares at the beginning of
After ripping past $25 per share without skipping a beat, could Switchback Energy (NYSE:SBE) stock soar up to $50 per share? Given the extreme enthusiasm behind this name, it’s possible in the near-term. Source: Michael Vi / Shutterstock.com This SPAC (blank-check company) is just weeks away from completing its merger with EV infrastructure company ChargePoint.
Take a look at some of the biggest movers in the premarket: AstraZeneca (AZN) – AstraZeneca is likely to run a new global trial of its Covid-19 vaccine candidate, according to CEO Pascal Soriot. He told Bloomberg News that the drugmaker may launch a fresh study testing the vaccine at a lower dosage, rather than
Rules for Roth IRAs You can contribute to a traditional individual retirement account (IRA) no matter how high your income. There are income limits, though, for contributing to Roth IRA accounts. Money saved in Roth retirement accounts is post-tax income. That is, income taxes are owed for the year in which the money is paid
If this month’s earth-shattering vaccine news from Pfizer (NYSE:PFE) has you thinking about buying the stock because it’s destined for monster gains – think again. PFE stock is not a growth play. Source: Manuel Esteban / Shutterstock.com It’s a cash-flow vehicle. But don’t take my word for it. Let the market be your guide. The
Perhaps the most powerful representation of the novel coronavirus pandemic’s destructiveness came from the oil market. Earlier this year, prices for barrels of crude dipped into negative territory – it made more sense to pay not to take delivery, which of course made no sense at all. Therefore, it’s no surprise that Exxon Mobil (NYSE:XOM)
Boeing (NYSE:BA) received good news on Nov. 18 from the Federal Aviation Administration (FAA). And this update has provided a recent jump in Boeing stock. Source: Alex JW Robinson / Shutterstock.com Subject to final approval the FAA published an Airworthiness Directive that paves the way for the 737 Max jetliner to return to commercial service. That
NextEra Energy (NYSE:NEE) is clearly on a warpath to acquire or merge with another utility as news emerged recently about a recent bid. If successful, one effect this will have will be to justify the high valuation of NEE stock. Source: madamF / Shutterstock.com Investors should take note of this situation, as I pointed out
The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images Fintech companies are helping fuel demand for bitcoin as they open the floodgates for millions of people to trade it. By one firm’s analysis, PayPal and Square clients have been buying the majority of the new bitcoin
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.
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
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
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
Shares of edge cloud platform provider Fastly (NYSE:FSLY) are down 10.3% in the past two months. Fastly stock was down a massive 32.2% in October on the back of its lackluster third-quarter financial results. Many investors sensed a golden buying opportunity for the stock, criticized for being overvalued. However, when you dig into Fastly’s core
The mere mention of electric vehicles is well, electrifying. The sector, and other related stocks like Li Auto (NASDAQ:LI) show no signs of slowing down. Source: Carrie Fereday / Shutterstock.com Over the last few weeks alone: Tesla (NASDAQ:TSLA) ran from a July low of $187.43 to $528 Nio (NYSE:NIO) ran from $6.80 to $56 Workhorse