Daily Trade

The folks at Fundstrat Global Advisors have some good news and bad news for Wall Street, as investors and traders face the penultimate week of action in 2021: Monday’s stock slump is a precursor to more pain, but things could get better for the bulls closer to Christmas. Read: Dow plunges and Nasdaq nears correction
0 Comments
California-based online entertainment platform Roblox (NYSE:RBLX) empowers people to play video games and socialize in a vast, 3D, virtual world. Since the company was an early-stage entrant in the red-hot metaverse space, RBLX stock has generated major buzz on Wall Street. Source: Miguel Lagoa / Shutterstock.com Indeed, as the term “metaverse” gained traction in the financial
0 Comments
U.S. stock-index futures were trading sharply lower Monday morning, following a losing week on Wall Street amid worries about politics, Fed policy and the fast-spreading omicron variant of COVID-19. How are stock-index futures trading? S&P 500 futures ES00, -1.32% fell 62 points, or 1.3%, to 4,547.50. Dow Jones Industrial Average futures YM00, -1.21% dropped 438
0 Comments
Fat search profits have made Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) stock 2021’s hottest “Cloud Czar.” Source: achinthamb / Shutterstock.com The company has earned $103.84 per share over the last four quarters. That let the stock rise 65% while the price to earnings ratio remained at an almost-reasonable nearly 29. Google’s early dominance was based on search advertising.
0 Comments
ARK Invest founder Cathie Wood offered the latest defense of the once-highflying, disruptive innovation strategies that had made her suite of exchange-traded funds among the most popular, and best-performing, on Wall Street in 2020. In a Friday evening blog post, Wood said that despite a brutal stretch that has compelled the operators of the ARK
0 Comments
It’s the disclosure that everyone interested in the investment markets were waiting for. As InvestorPlace financial news writer Samuel O’Brient noted, the Federal Reserve recently met to discuss current economic challenges, particularly the soaring inflation rate. While the subsequent answer soothed benchmark indices, it leaves a question mark for SoFi Technologies (NASDAQ:SOFI), particularly as SOFI
0 Comments
Dear Quentin, I think I am being more than fair relative to sharing expenses while living in my girlfriend’s house, but I could use a little perspective. My 59-year-old retired girlfriend is well-off. Her lakefront home with an extra buildable lot, her Florida condo, and her residential and commercial rental properties are all paid off,
0 Comments
DigitalOcean (NASDAQ:DOCN) stock is a growth name in a time of value. DigitalOcean nearly matched its 2020 revenue in the first three quarters of 2021. Its losses are narrowing and operating cash flow has skyrocketed. There’s nothing wrong with the cloud hosting company’s operations. Source: monticello / Shutterstock.com What’s wrong is its valuation in the
0 Comments