CNBC’s Jim Cramer said Thursday there is more pain in the U.S. economy than what is reflected in the stock market’s robust recovery from coronavirus-era lows. “I’m thinking, wait a second, don’t get too optimistic. I think it’s our nature to be optimistic,” Cramer said on “Squawk on the Street.” ”We like the fact that the
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People stand in line outside the Apple store on Fifth Avenue as New York City moves into Phase 2 of re-opening following restrictions imposed to curb the coronavirus pandemic on June 30, 2020. Noam Galai | Getty Images Apple is one of the big tech engines pulling the market higher, but it is unique in
The primary objective of the trend trader is to buy or sell an asset in the direction of the trend. Reading directional signals from the asset’s price alone can be difficult and is often misleading because price normally swings in both directions and changes character between periods of low versus high volatility. The directional movement
An artist’s rendition of Dynetics’ HLS lander on the Moon’s surface. Dynetics The race to return U.S. astronauts to the Moon has a dark horse seeking an upset. A few months ago NASA awarded three teams with contracts to develop competing options for the agency to use to deliver people to the lunar surface as
Can two investment mind-sets – one old and one new – get along with each other without driving each other crazy? That is the key question that is posed by crowdfunding in the real estate market, and one being answered in mostly positive ways. This odd couple of crowdfunding meets real estate appears to be pairing up quite nicely
CNBC’s Jim Cramer said Tuesday that Walmart is a “remarkable juggernaut” but it won’t be able to keep up the blistering growth that it saw in the second quarter without another coronavirus stimulus package. “I think the company needs to be a little cautious because unless there’s another deal from Washington they won’t be able
In trading, there are numerous sophisticated trading strategies designed to help traders succeed regardless of whether the market moves up or down. Some of the more sophisticated strategies, such as iron condors and iron butterflies, are legendary in the world of options. They require complex buying and selling of multiple options at various strike prices.
Barrick Gold mining ullstein bild | Getty Images Barrick Gold‘s stock is popping more than 7% in premarket trading Monday after legendary investor Warren Buffett’s Berkshire Hathaway revealed a stake in the gold miner’s stock. Buffett’s Berkshire Hathaway added a $562 million position in Barrick Gold in the second quarter, SEC filings showed on Friday.
Once you’ve made a decision to buy permanent insurance, the next step is to determine what kind of policy you want to purchase and what type of premium you can afford to pay. Unlike term life insurance, which has a set premium dollar amount that is based on the extent of and the duration of the
Drew Houston, Dropbox Co-Founder and CEO, speaking at CNBC’s @Work conference in San Francisco on November 4, 2019. Arun Nevader | CNBC With the S&P 500 back up near record highs, it can be a challenge to find stocks that still have further room to rally. The danger is that valuations can become inflated, leading
For many, finance is a popular field to enter with potentially lucrative results. While many universities advertise appealing career paths that their graduates go down after completing a finance degree, the truth is that many financial careers don’t require a college education. In fact, there are a host of finance jobs without college degree requirements.
Raytheon Technologies Corporation (RTX) reported better-than-expected earnings per share on July 28. The stock dropped to as low as $55.73 on Aug. 3 and then popped to $66.15 on Aug. 11. Raytheon Technologies is the second largest aerospace and defense contractor. It’s the combination of United Technologies and Raytheon. The new company is a component
The entrance from the elevators, designed to resemble a tunnel entering a stadium, is pictured at the new DraftKings office in Boston on March 25, 2019. David L. Ryan | The Boston Globe via Getty Images DraftKings sank more than 5% in premarket trading Friday after it said its loss for the second quarter widened
Apple and Tesla have both announced stock splits recently and CNBC’s Jim Cramer on Wednesday revealed 10 stocks of companies that he would like to see follow suit to reduce high trading prices. The stock split, in which a company increases substantially its number of outstanding shares while preserving its market value, will attract and give
Consumer staples giant The Procter & Gamble Company (PG) beat earnings per share (EPS) estimates on July 30, extending its winning streak to 21 consecutive quarters. The stock traded higher and set its all-time intraday high of $135.97 on Aug. 12. That was just above this week’s risky level at $135.21, where some profit taking
CNBC’s Jim Cramer is worried President Donald Trump‘s administration will keep applying pressure to China into the election, creating a headwind for the market. “I think that the president is keeping the heat on. I expect more negatives about China,” Cramer said on “Squawk on the Street.” Cramer’s remarks Thursday come as the relationship between
For many years, a large percentage of financial planners and stockbrokers crafted portfolios for their clients that were composed of 60% equities and 40% bonds or other fixed-income offerings. And these so-called balanced portfolios did rather well throughout the 80s and 90s. But, a series of bear markets that started in 2000 coupled with historically
Nima Ghamsari, co-founder and chief executive officer of Blend, speaks during the Sooner Than You Think conference in Brooklyn, New York, Oct. 16, 2018. Alex Flynn | Bloomberg | Getty Images Digital lending start-up Blend raised $75 million in fresh funding amid surging demand for streamlined mortgage applications during the coronavirus pandemic. The move values the
China exchange-traded funds (ETFs) offer a way for investors to geographically diversify their portfolios by owning a basket of companies in the world’s second-largest economy. Despite the large number of state-owned Chinese enterprises, there are still many companies whose shares are publicly traded and provide investors with opportunities. China ETFs own companies such as Alibaba
A stack of Starlink internet satellites just before a launch. SpaceX SpaceX is manufacturing its Starlink satellites at an unprecedented rate for the space industry, analysts say, as the company dives headlong into building a space-based global internet service. Elon Musk’s company told the Federal Communications Commission in a presentation last month that its Starlink unit