[Editor’s note: “5 Chinese Stocks to Buy When Coronavirus Fears Fade” is regularly updated to include the most relevant information available.] Coronavirus fears are roiling global financial markets everywhere. Over the past few trading days, stocks of all shapes, sizes, and industries have fallen off a cliff as the World Health Organization has finally declared
Mostly just Macy’s workers pace the main floor, around the beauty department, on March 17. Source: Lauren Thomas, CNBC Thursday’s spike in weekly jobless claims signals just the start of a crush of layoffs that could more than double the unemployment rate. Unemployment claims filed with the states last week jumped to 281,000 from 211,000 the
It was a bumpy day in the stock market, as investors continue to hope for a bottom despite no real improvement in the news cycle. That said, here’s a look at a few top stock trades. Top Stock Trades for Monday No. 1: Starbucks (SBUX) I was keeping a very close eye on Starbucks (NASDAQ:SBUX)
M. Llorden | Getty Images Companies holding low-rated debt are in for a brutal stretch as the economy heads into a coronavirus-induced recession, according to a forecast Friday. S&P Global Ratings said the default rate for high-yield, or junk, bonds is heading to 10% over the next 12 months, more than triple the rate of
Airlines continue to take a beating and United Airlines (NASDAQ:UAL) is no exception. The total return year to date through March 18 for UAL stock is 75.7%, 32% worse than its airline peers. Source: travelview / Shutterstock.com I can remember when airline stocks were the hottest thing since sliced bread. Warren Buffett was viewed as
[Editor’s Note: “10 Cheap Stocks to Buy Under $10” is regularly updated to include the most relevant information available.] For new investors, looking at companies like Amazon (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) and even fast-casual restaurant Chipotle (NYSE:CMG) can be disconcerting. These well-respected names come with massive price tags. Although these stocks have long histories of solid
Jerome Powell, chairman of the U.S. Federal Reserve, pauses while speaking during a news conference in Washington, D.C., on Tuesday, March 3, 2020. Andrew Harrer | Bloomberg | Getty Images Just like consumers started a run on toilet paper, companies and institutions all over the world have created a shortage of dollars, as some players
In this episode of hungry for returns, we are going to talk about at the money, in the money and out of the money when it comes to trading options, and which is the best for day trading options without leaving any positions open overnight. #daytrading #tradingoptions #moneyoptions #optionstraining #tradingclass Posted at: https://tradersfly.com/blog/day-trading-options-hfr-3/ ? GET
Equities started off with a bounce in the stock market today, but investors just couldn’t keep the momentum alive. The S&P 500 slipped 4.3%, while the Dow Jones Industrial Average shed 913 points. The market had gotten into a habit of bouncing on Fridays, as bears did not want to stay short into the weekend.
A trader reacts during the opening bell at the New York Stock Exchange (NYSE) on February 28, 2020 at Wall Street in New York City. Photo by Johannes Eisele | AFP | Getty Images We are all exhausted and depressed, having experienced this week one of the worst stock market declines in modern history. I
When I last wrote about General Electric (NYSE:GE) stock in early January, I warned investors to be cautious. And since then, shares have gone from $12 to $6.7, for a loss of 44%. Source: Carsten Reisinger / Shutterstock.com None of my analysis had to do with the coronavirus from China, which was just emerging. But
I know a winner when I see one. And for me, I see a winner in Lululemon Athletica (NASDAQ:LULU) stock. Source: Richard Frazier / Shutterstock.com Most people are familiar with Lululemon — it’s the original “athleisure” company. Lululemon is the company that made yoga pants and leggings trendy. And if you’ll remember, Lululemon was also
“Theater Closed” signs are posted in front of the AMC Montebello, as the US chain of AMC movie theaters closes for 6 to 12 weeks, On March 17, 2020 in Montebello, California, as the coronavirus (covid-19) epidemic leads to restaurant and school closures and workers working from home in an effort to encourage social distancing.
Equities faltered on Friday after California and New York — two of the three largest states by GDP — announced shutdowns for all non-essential businesses, and after Senate Republican pitched a stimulus plan the markets viewed as disappointing. Source: Provided by Finviz The S&P 500 declined 4.18% The Dow Jones Industrial Average dropped 4.50% The Nasdaq
A Bank of America financial manager shows a customer how to use the ATM with Teller Assist station in Cherry Creek. Andy Cross | Denver Post | Getty Images Bank of America said it was boosting pay for bank tellers and reducing daily work shifts by at least two hours amid the widening coronavirus epidemic.
We’re now at that point in this market correction where everyone is certainly paying attention, but there are still bulls out there talking about opportunity. While opportunities exist, right now they will only be long-term opportunities because it doesn’t seem like we’re going to hit bottom until we figure out how much the U.S. economy
When it comes to a selloff due to the coronavirus from China, one area that’s prime for bears has been the restaurant industry. But amid the historic fallout, it’s now a better time to look at restaurant stocks to buy and ready ‘to-go’ in your portfolio. Thursday may not have elicited a full sigh of
Markets face more violent swings in the coming week as investors watch out for a rising number of coronavirus cases and new data that could show how the virus is slamming the U.S. economy. The past week was brutal for stock investors with the Dow Jones Industrial Average posting a 17.3% decline, its worst week since
After the last few weeks, trading Thursday seemed almost normal. Following eight straight sessions in which the S&P 500 had moved at least 4.9%, U.S. stocks moved gently higher. Source: Shutterstock To be sure, there were intraday fireworks, as early losses reversed and midday gains faded. Overnight futures presage potential declines on Friday. The VIX,
Pedestrians walk past an american multinational investment bank and financial services holding company JPMorgan Chase Bank branch. Alex Tsai | SOPA Images | Getty Images JPMorgan Chase said it was giving bank tellers and other “front-line employees” a one-time bonus of up to $1,000 to help cushion the difficulties of working during the coronavirus pandemic.