During bull markets, it’s not hard to find strong uptrend stocks. However, identifying such names during bear markets is a completely different story. In bear markets, the rallies do not tend to last as long, breakouts fail constantly, and the number of stocks that are experiencing high-quality moves decline considerably. What exactly is an uptrend?
Rates across mortgage types dropped substantially Wednesday, with the 30-year average moving almost a quarter percentage point lower. Rates have swung in dramatic movements for the past week. Today’s National Mortgage Rate Averages Rates on 30-year mortgages moved lower Wednesday, declining 22 basis points for a three-day descent of 40 points. It continues a pattern
Jobs in the finance industry can be lucrative. That means that they are in high demand, with requirements for entry as lofty as some of the salaries plus bonuses. For most of these jobs, an undergraduate degree is a must. Many professionals have post-graduate degrees as well, usually an MBA. Other master’s degrees and Ph.D.s
Pfizer Inc. (PFE) is a global biopharmaceutical company engaged in the discovery, development, manufacture, and sale of medicines and vaccines. The company serves developed and emerging markets, developing biopharmaceutical products to treat a broad range of diseases. Its business spans the following therapeutic areas: internal medicine, oncology, hospital, vaccines, inflammation and immunology, and rare disease.
For several reasons, now is a very good time to buy the best-emerging markets stocks. First of all, the current strength of the dollar increases the profits of foreign companies that sell their products, directly or indirectly, to American consumers and/or companies. Secondly, many companies in emerging markets are benefiting from the energy transition, the
Lotteries are a big business. Hopeful individuals dreaming of huge and potentially life-changing cash prizes spend a significant amount of cash every month. Lottery proceeds help fund public sector programs, including education, park services, and funds for veterans and seniors. The Mega Millions and Powerball lotteries have become a key feature of monthly consumer spending
The tech sector dropped like a stone this year. So, it’s easy to forget the cardinal rule that marks many a bull market: Tech still rules the world. Here’s a little news flash. Tech stocks are entering a brand-new bull market that could be the start of a massive 50%-plus melt-up. And certain tech plays
Tesla, Inc. (TSLA) CEO Elon Musk offloaded nearly $7 billion worth of shares in the company to build a cash stockpile for his legal battle with microblogging site Twitter, Inc. (TWTR), according to Securities and Exchange Commission (SEC) filings published on Tuesday, Aug. 9. Key Takeaways Elon Musk sold nearly $7 billion worth of Tesla
Amid mounting healthcare expenses, policymakers often face legislative proposals to save on healthcare costs, as they are with the proposed Inflation Reduction Act of 2022. Historically, these recommendations have ranged from targeted and incremental measures to major restructuring such as to a single-payer system, or a “Medicare for all.” In the most recent proposed federal
Private equity is capital invested in companies not listed on a stock exchange or publicly traded. Private equity funds buy public and private companies with the goal of increasing their value over a number of years before selling them. Private equity funds typically have a finite term of 10 years or more, though their average
In its latest results, Disney said it added 14.4 million subscribers to Disney+ in the fiscal third quarter, bringing total subscribers to 152.1 million—higher than the 147 million analysts had expected. However, at the same time, its direct-to-consumer division, which includes the streaming units, lost more money than in previous years. According to Disney, rising production costs
Overrated stocks generate interest beyond the numbers, somehow blinding investors into overvaluing them even when the evidence is weak. The S&P 500 has had its worst start in years as the equities market continues to find form. Several stocks trading at frothy valuations have faced massive corrections and are trading at more rational prices. Despite
In this article UTZ WRBY GOOS-CA SIX DIS CAH Check out the companies making headlines before the bell: Six Flags (SIX) – The theme park operator’s stock tumbled 12.8% in the premarket after its quarterly profit and revenue fell well short of Wall Street forecasts. Six Flags saw its results hit by a 22% drop
Just recently, Pinterest (NYSE:PINS) released the company’s second-quarter 2022 financial results. As it turns out, Pinterest’s revenue growth is slowing, and the company’s monthly active user count is down year over year. Furthermore, activist investor Elliott Management’s stake in PINS stock is grabbing the financial headlines, but it doesn’t mean that you have to buy the
AMTD Digital (NYSE:HKD) stock flew onto traders’ radars recently as it rallied hundreds of percentage points. Cautious investors should investigate the company before taking a position, though. There’s nothing special about AMTD Digital in particular as a business, and the share-price surge is likely due to a short squeeze. If you’re in the U.S., chances are
Let’s begin by defining the realm of small-cap stocks before we discuss those that appear to be strong, safe investments currently. As their name implies, small-cap stocks have lower market capitalizations than both mid-cap and large-cap stocks. The range of market cap defining the class is typically from $300 million to $2 billion. Large-cap stocks
Retail stocks have taken a beating this year. As investors move into the second half, there are many concerning signs. Inflation reached 9.1% in June. That was the highest level in 40 years and especially concerning given Fed efforts to tamp down surging inflation with interest-rate hikes. Although the July inflation numbers were down slightly
In July, stocks delivered their best monthly performance since 2020 following an ugly first half of the year. After such a sharp move up, investors are on the lookout for stocks with more upside potential. While uncovering these investments may be a bit trickier than it was a month ago, it’s possible if you do
On Tuesday, VantageScore Solutions LLC said that it would stop including medical bills that have been sent to collections in its credit scoring model, according to a report from the Wall Street Journal. The VantageScore, which was created as a joint venture between the major credit reporting agencies, is not used as widely as the
In this article SONO DIS Disney store is seen in Times Square, New York City. Nick Pfosi | Reuters Check out the companies making headlines after the bell Wednesday: Walt Disney — Shares of the entertainment company jumped 5.8% after Disney posted better-than-expected Disney+ subscription numbers for the previous quarter. Subscriptions came in at 152.1