Jim Cramer on CNBC’s Halftime Report. Scott Mlyn | CNBC CNBC’s Jim Cramer said Tuesday he believes there will be a Santa Claus rally this year despite the raging omicron variant that’s spiking Covid cases during the holidays. The seasonal stock market phenomenon has historically started around now and continued into the first days of
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From a topical perspective, Opendoor Technologies (NASDAQ:OPEN), despite an overall challenging economic environment, offers investors reason to believe in OPEN stock. Source: Tada Images / Shutterstock.com Yes, inflation in the housing market seems well overstretched, possibly due for a correction, but then, data is king. The data shows that housing prices in the U.S. keep
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Adam Smith was an 18th-century Scottish economist, philosopher, and author who is considered the father of modern economics. Smith argued against mercantilism and was a major proponent of laissez-faire economic policies. In his first book, The Theory of Moral Sentiments, Smith proposed the idea of an invisible hand—the tendency of free markets to regulate themselves
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Whether households prefer a constant, increasing, or decreasing path of consumption in retirement has important implications for our understanding of retirement adequacy.  If people want steady consumption, they need more assets at retirement than if they plan to let their consumption decline over time. Read: Want to be a better investor? Sign up for our
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Phunware (NASDAQ:PHUN) stock apparently soared in October due to its connections to cryptocurrencies and the 2020 reelection campaign of President Donald Trump. Phunware’s software allows companies “to engage, manage, and monetize their mobile applications.” Source: mundissima / Shutterstock.com Because of Phunware’s links with the Trump campaign, some investors believed that the company would be utilized
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When you graduate college with federal student loan debt, you’re assigned a student loan servicer to collect your loan payments and provide customer service. One of those servicing companies is Navient, which manages about $300 billion of government and private student loans for more than 12 million borrowers.  If you have Navient as your student
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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
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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
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