Daily Trade

“Social media is the ultimate equalizer. It gives a voice and a platform to anyone willing to engage.” –Amy Jo Martin This has not been a healthy market by any means. As I’ve noted numerous times, the vast majority of stocks have performed sub-par in what is otherwise supposed to be a strong year given

U.S. stocks opened lower Tuesday, as investors look to the widely anticipated reading on August inflation from the consumer-price index on Wednesday and traders kept their powder dry ahead of Apple’s marketing event. How stock indexes are trading The Dow Jones Industrial Average DJIA fell 50 points, or 0.1%, to around 34,614 The S&P 500

In early August, I wrote about how shares of T2 Biosciences (NASDAQ:TTOO) could rise to $1 or more in a short-term frenzy. Meme investors had singled out the stock, and heavy options trading meant shares were at risk of getting squeezed. Retail investors delivered. Within two weeks, TTOO’s stock had risen from 30 cents to

First-time home buyers may be overwhelmed with the process of buying a home, but research shows that many are making a costly mistake when it comes to taking on a mortgage. Before taking on a mortgage, many home buyers should research different rates for the mortgage they want, rather than taking one suggested by their

Microsoft (NASDAQ:MSFT) is a member of the “Magnificent Seven” group of tech firms. However, don’t assume that MSFT stock will deliver magnificent returns like it did in 2023’s first half. Sure, Microsoft’s investors will get exposure to the artificial intelligence market. Yet, current and prospective shareholders should be aware of a significant competitor that Microsoft will

U.S. stock indexes remained higher in Monday’s final hour of trading, boosted by producers of luxury items and services including Tesla, as investors await inflation and retail sales data later this week to help guide the Federal Reserve’s interest-rate policy. How stock indexes are trading The Dow Jones Industrial Average DJIA advanced 83 points, or 0.2%

Some financial traders might dream of multi-bagger returns when they invest in electric vehicle battery technology company QuantumScape (NYSE:QS). I’ve warned people about QS stock before, and I’m still pessimistic. However, taking a share position could make sense if the price is right. Even a low-confidence stock can rally sharply in certain circumstances. For example, a

Walter Isaacson said his description of Elon Musk’s decision not to allow his satellite system to be used by Ukraine for an intended attack on a Russian fleet was misstated in the biography of the billionaire he authored. Isaacson, in an excerpt of his book “Elon Musk” published in the Washington Post, had said Musk

For the long term, I like the growth prospects of electric vehicle (EV) manufacturer Tesla (NASDAQ:TSLA). However, financial traders need to time their entry points carefully with TSLA stock. That’s a challenging task when Tesla’s chief executive is unpredictable. Some questions remain unanswered in 2023, it seems. Is Tesla’s strategy to lower its EV prices, or

Consumer spending has defied Wall Street expectations all year, both by keeping stocks afloat near record levels and by preventing the U.S. economy from running aground into a recession. That’s why sentiment around stocks in the week ahead could hinge on two related economic data points: the consumer-price index (CPI) for August due on Wednesday

Unlike some other artificial intelligence stocks that have zoomed higher in 2023, there’s far more substance than hype with Nvidia’s (NASDAQ:NVDA) AI catalyst. In turn, there’s been some justification for the triple-digit run-up in the price of NVDA stock this year. However, the keyword here is “some justification,” Why? This stock’s more than threefold increase

The Internal Revenue Service is going after hedge funds, large law firms, partnerships and more millionaires as its compliance clampdown continues, the tax agency’s commissioner said. One year after Congress approved billions in extra funding for the IRS to improve operations and revive high-end tax enforcement that flagged during the past decade, the agency is

Last week, I mentioned in my article how C3.ai (NYSE:AI) is a significant player in AI, but its high valuation draws investor scrutiny despite its potential. This is a company that’s certainly polarizing, and for good reason. As far as companies viewed as battlegrounds in the artificial intelligence discussion, AI stock certainly makes the list

The roughly $25 trillion Treasury market first began flashing this telltale sign that a U.S. recession likely lurks on the horizon almost a year ago, according to Bespoke Investment Group. It was late October of 2022 when the 3-month Treasury yield BX:TMUBMUSD03M first eclipsed the 10-year Treasury yield BX:TMUBMUSD10Y, resulting in an “inversion” of a

If GameStop (NYSE:GME) were an ordinary company, its second-quarter results released on Thursday should have been a triumph. Net sales of $1.16 billion represented a 2.5% increase from the previous year, and net losses were cut to a mere $2.8 million — a rounding error for a company that lost $50.5 million the quarter before.

New rules curbing short-term rentals went into effect this week in New York City. But the stricter laws have left some travelers scrambling due to last-minute cancellations. A new ordinance requires all short-term-rental hosts to be registered with the city, live in the place they are renting, be present when someone is staying, and host

TradeSmith offers investors valuable tools for determining which stocks to watch. A good example is its Health Indicator feature. This comprehensive indicator provides an overall rating of a stock’s current health. Using this metric, you can quickly find potential opportunities to explore. Broken down into three “zones” (green, yellow, and red), you’ll have a general

A month ahead of Medicare open enrollment, the Centers for Medicare and Medicaid Services is launching a redesigned website — a central spot for questions, answers and help with the insurance programs it provides.  Retirement Tip of the Week: If you’re already enrolled in Medicare, or enrolling soon, get acquainted with the new search feature,

Several growth stocks have rebounded this year on improved investor sentiment, even as macro uncertainty continues to impact businesses. While many experts anticipate the Federal Reserve holding on to interest rates at current levels, based on data revealed by recent economic releases, it is worth noting that inflation still remains above the Fed’s target of

There’s signs some people aren’t waiting to receive a federal student-loan bill in October to start paying down their debt. Yet after a more than three-year pause on interest, payments and collections, the early start isn’t necessarily a sign that borrowers are flush with cash and ready to extinguish their loans. Department of Education deposits