Daily Trade

With all the turmoil in the market today, you may think the meme stocks trend is completely over-and-done-with. Mostly, because the factors that enabled it in the first place are no longer in play. For starters, between inflation, interest rates, and the Russia-Ukraine war, the market is in “risk-off” mode. More chancy investments have seen
0 Comments
Dear MarketWatch, I’m an inveterate rails-to-trails cyclist who most enjoys biking along rivers. I’d like to retire to a small town with easy access to hiking and biking trails, kayaking and other joys of the natural world.  Can you suggest some walkable small towns (3,000-10,000 population) that are county seats and/or college towns, politically liberal,
0 Comments
Inflation that’s accelerated well past the Federal Reserve’s 2% long-term target in the post-pandemic recovery poses a significant policy challenge. That has only gotten harder by an energy-price shock through the economy with unknown duration from the Ukraine conflict. Inflation is the fastest it’s been in 40 years. The consumer price index surged 7.9% in
0 Comments
The junkmen are coming for Kohl’s (NYSE:KSS) stock. Source: Sundry Photography/Shutterstock.com Since December, activist investors have been pushing the company to sell or at least spin-off its real estate and e-commerce units. The board reacted by rejecting two takeover offers and adopting a “poison pill” aimed at preventing a “hostile takeover.” The pressure increased last
0 Comments
Dear Quentin, I am my father’s oldest child from his first marriage. I have a younger half brother and half sister from his second and third marriages, and I also have a stepsister. We get along, but don’t often do family gatherings. My father doesn’t have a will. He lives in Washington state. He has
0 Comments
Clover Health (NASDAQ:CLOV) is in deep trouble. CLOV stock was due to open March 10 at about $3 per share. That is a market cap of just under $1.3 billion, which on 2021 revenue of $1.5 million looks horrendous. On expected 2022 revenue of $3.24 billion, however, maybe that is not so bad. Source: Wirestock
0 Comments
The sting of gasoline prices above $4 a gallon leaves some Americans rethinking their driving options, and just how aggressively they burn gas while driving. For some drivers, the double-edged sword of rising inflation after the worst days of the COVID-19 pandemic and Russia’s war in Ukraine leading to a spike in gas prices may
0 Comments
Downward revisions to revenue growth forecasts severely hurt Matterport’s (NASDAQ:MTTR) stock price. Shares are down around 79% from their November 2021 highs around $33. The price is in a precipitous decline that accelerated when the company reported scarier operating losses last month. Key corporate insiders bought the dip on MTTR stock in February. Could better
0 Comments
Shares of Chinese companies flagged for possible delisting in the U.S. slid in Hong Kong and Shanghai trading Friday, a move that analysts said highlighted geopolitical tensions but would have little immediate impact on the companies’ operations. In Hong Kong afternoon trading, fast-food-chain operator Yum China Holdings Inc. YUMC, -10.94% slumped 8.2%, on track for
0 Comments
London’s nickel market will stay closed at least until next week, a person familiar with the exchange said, giving the London Metal Exchange more time to resolve a crisis caused by a huge loss-making trade originating in China. The London Metal Exchange paused trading in nickel Tuesday, the first time it had suspended a market since 1985. The
0 Comments
First off, I’ll admit it may sound foolish to be bearish on Costco Wholesale Corp. (NASDAQ:COST) stock. But my bearishness isn’t built around any issues with the company’s underlying business. Source: ARTYOORAN / Shutterstock.com Mainly, because there are not too many. The membership-based discount retailer keeps reporting strong results. It thrived during the pandemic. It’s still
0 Comments
Investors appeared to latch on to a hint of optimism around prospects for quelling the Russia-Ukraine war Wednesday, spark major reversals across markets, with commodities retreating alongside traditional havens as beaten-down global equities bounced sharply higher. “It has been almost two weeks since Russia invaded Ukraine and it appears that traders are becoming a little
0 Comments