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Keyword: stocks

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  • Dow Jones Futures up 338 points

    11/08/2020 6:29:12 PM PST · by JerryBlackwell · 44 replies ^ | 11/8/20 | unknown
    Futures up 338 points for Monday's opening bell. Interesting trend with all the unresolved election anxiety.
  • Election Day Stock Market Thread

    11/03/2020 7:25:42 AM PST · by LRoggy · 63 replies
    Vanity for Discussion ^ | 11/3/2020 | LRoggy
    Didn't see a thread for how the Stock Market is reacting today. At 10:24am the market is up 670 points and as an Investment Manager in his 60's I'm telling everyone from experience this is the smart money deciding that the Republicans will have full control of the House, Senate and Presidency.
  • Your 401K: Stocks will do better if Trump wins the election, according to this new data

    10/23/2020 11:53:43 AM PDT · by SeekAndFind · 12 replies
    Yahoo Finance ^ | 10/23/2020 | Brian Sozzi
    If you own stocks, hope for a come-from-behind win for sitting president Donald J. Trump on Election Day.Or so says the number crunchers at LPL Financial.Since 1950, the S&P 500 has added an average of 9.6% in the year after a president wins re-election. For instance, LPL Financial points to the re-elections of presidents Ronald Regan, Bill Clinton and Barack Obama as being particularly bullish for equities — stocks after each re-election rose close to 30%.The opposite has tended to happen when someone new enters the Oval Office.LPL Financial data shows the S&P 500 added only 4.8% the following year...
  • Stocks are soaring — but most black people are missing out

    10/14/2020 6:05:13 PM PDT · by ConservativeStatement · 46 replies
    New York Post ^ | Oct. 13, 2020
    NEW YORK — Americans who own stocks are pulling further away from those who don’t, as Wall Street roars back to record heights while much of the economy struggles. And black households are much more likely to be in that not-as-fortunate group that isn’t in the stock market. Only 33.5% of black households owned stocks in 2019, according to data released recently by the Federal Reserve. Among white households, the ownership rate is nearly 61%. Hispanic and other minority households also are less likely than white families to own stock.
  • november election and stock stop loss / stop limit orders

    10/06/2020 7:03:48 PM PDT · by SteveH · 48 replies
    me | 10/6/2020 | me
    any wisdom out there on the november election and setting stock stop loss or stop limit orders? i am currently figuring that the worst is if biden wins or the outcome is placed into limbo pending recounts. if this is the case, presumably there will be a dip in stock prices. however, will the dip last very long? trump will still be in office until january 20, 2021, which means that stocks would seem still relatively safe up until january 20, 2021. so, january 19 (eg january 15) or slightly earlier might make a good time to sell stocks manually....
  • Moez Kassam and Anson Funds: A Tale of Corruption, Greed, and Failure

    09/28/2020 6:29:03 AM PDT · by bananaman22 · 2 replies ^ | 09-25-2020 | mk
    Never has there been a bigger scourge of the Canadian capital markets. Moez Kassam and his Anson Funds have systematically engaged in capital market crimes, including insider trading and fraud, to rob North American shareholders of countless millions. In his attempt to destroy small-cap Canadian companies through nefarious means, a string of feeder funds and untraceable payments to elude regulators, Moez Kassam has betrayed even his closest friends. Now, the other shoe is about to drop as Kassam’s funds run out and a string of failed attempts at illegal destruction leave this naked short seller truly naked. This is part...
  • Biden’s capital gains tax hike could spark a big sell-off in stocks. Here’s what that means for the market

    09/21/2020 5:09:54 PM PDT · by Red in Blue PA · 62 replies
    Democratic presidential nominee Joe Biden’s plan to increase the capital gains tax could lead to a large-scale sell-off of stocks, according to economic analyses. As part of his $4 trillion tax plan, Biden has proposed increasing the top tax rate for capital gains for the highest earners to 39.6% from 23.8%, the largest real increase in capital gains rates in history. Economic analyses show that capital gains tax hikes cause a burst of stock-selling in advance of the increase, as investors look to lock in the lower existing tax rates before they rise. A research paper by Tim Dowd, a...
  • NYSE Signals It Will Exit New Jersey if State Taxes Stock Trades

    09/11/2020 7:07:49 AM PDT · by Theoria · 49 replies
    The Wall Street Journal ^ | 11 Sept 2020 | Alexander Osipovich and Joseph De Avila
    New York Stock Exchange will temporarily run one exchange from Chicago to show its readiness to move The New York Stock Exchange is signaling that it will move its electronic trading systems out of New Jersey if the state implements a proposed tax on financial transactions. The NYSE plans to announce that it will run one of its exchanges from a backup site in Chicago for a week as a demonstration of its readiness to quit the state, according to an internal memo seen by The Wall Street Journal. Like many other exchange operators, the NYSE runs its electronic trading...
  • News Summary-Intelligence Report Friday 9/4/2020 Newsdump Friday Labor Day Weekend

    09/04/2020 8:33:44 PM PDT · by Nextrush · 5 replies
    Nextrush Free ^ | 9/4/2020 | Nextrush/Self
    It is now Saturday in Australia where a coronavirus freedom protest is being attempted in the tightly locked down city of Melbourne. Arrests have already taken place in the city at the gathering site of the protest, the "Shrine of Remembrance". Police acting to prevent the protest from taking place.... Police in a federal operation shooting dead the man wanted in connection with the killing of a "Patriot Prayer" member in Portland..... Facebook removing accounts linked to "Patriot Prayer"...... The FBI arresting two men said to be "militia members: and admirers of Kyle Rittenhouse at the request of Kenosha, Wisconsin...
  • Dow skids 700 points as Fauci warns on coronavirus vaccine timing

    09/03/2020 10:13:17 AM PDT · by conservative98 · 78 replies
    FOXBusiness ^ | 9/3/20 | By Jonathan Garber
    U.S. equity markets tumbled Thursday after Dr. Anthony Fauci dashed hopes that a COVID-19 vaccine was coming soon, contradicting documents from the Centers for Disease Control and Prevention. Fauci told CNN a vaccine was unlikely to be ready by the end of October. In a separate interview with NBC News' "Today," Fauci said a vaccine was likely by the end of the year. The Dow Jones Industrial Average fell over 700 points, or 2.6%, with Microsoft leading the decline.
  • Murphy Envisions N.J. (Stock) Trade Tax Paying for Social Justice Agenda

    09/02/2020 12:45:34 PM PDT · by karpov · 9 replies
    Bloomberg | September 2, 2020 | Elise Young and Lananh Nguyen
    No excerpt from Bloomberg allowed, story here.
  • Stocks hit records as election season kicks into high gear

    08/28/2020 9:25:57 AM PDT · by knighthawk · 13 replies
    Fox Business ^ | August 28 2020 | Jonathan Garber
    Stocks rallied to record highs Friday morning as the race for the White House officially got underway following President Trump's acceptance of the GOP nomination. The Dow Jones Industrial Average gained 92 points, or 0.32%, in the opening minutes of trading and topped its 2019 closing value of 28,538.44. Meanwhile, the S&P 500 and the Nasdaq Composite were higher by 0.28% and 0.56%, respectively, as both looked to extend their longest streak of record closes in 2020. The S&P has closed at an all-time high in four consecutive sessions while the Nasdaq has settled at a new peak for five...
  • It's Do-Or-Die, Deep State: Either Strangle The Stock Market Rally Now Or Cede The Election To Trump

    08/17/2020 5:23:53 PM PDT · by blam · 17 replies
    charleshughsmith blog ^ | Charles Hugh Smith
    With only 56 trading days and fewer than 80 calendar days to the election, the Deep State camps seeking to torpedo Trump's re-election have reached the do-or-die point.Back in June I speculated that the only way the Deep State could deep-six Trump's re-election was to sink the stock market rally, which the president has long touted as evidence of his economic leadership. Deep State to Powell: Stop Goosing Stocks Higher Or You'll Re-Elect Trump (June 9, 2020) Since then, stocks have lofted ever higher, with the Nasdaq index hitting new all-time highs and the S&P 500 reaching its pre-pandemic heights...
  • Stocks extend winning streak to 7 days as Trump signs executive orders for coronavirus relief

    08/10/2020 2:23:46 PM PDT · by ConservativeStatement · 11 replies
    Fox Business ^ | August 10, 2020
    U.S. equity markets finished mixed on Monday after President Trump signed executive orders to provide COVID-19 relief while Congress ironed out its differences. The Dow Jones Industrial Average climbed 359 points, or 1.31%, while the S&P 500 was higher by 0.28%, extending its winning streak to seven days, the longest since April 2019. The tech-heavy Nasdaq Composite, meanwhile, continued its recent underperformance, falling 0.39%.
  • Eastman Kodak Stock Price Up Over 1,440% In Two Days! It is Now a Drug Producing Company.

    07/30/2020 9:09:49 PM PDT · by SeekAndFind · 26 replies
    Fobres ^ | 07/30/2020 | Naeem Aslam
    Kodak stock is up over 300%, higher volatility triggered nearly twenty trading halts today. Kodak shares increased three-fold on Tuesday, and the stock is up over 1,450% approximately this week. At the beginning of the week, Kodak stock was trading at $2.77. Today, it reached a high of $60. Kodak won a government loan to produce ingredients that are used in critical generic medicines to battle the coronavirus. The company secured a $765 million loan under the Defense Production Act. The intention is to speed up the production of the drugs that are short in supply, specifically drugs that are...
  • Stu Varney: 'People will start unloading stocks' if it looks like Biden will defeat Trump

    07/20/2020 5:21:44 AM PDT · by knighthawk · 44 replies
    Fox News ^ | July 20 2020 | Joshua Nelson
    Fox Business Network host Stu Varney appeared on "Fox & Friends" Monday, saying that if presumptive Democratic presidential nominee Joe Biden wins the 2020 presidential election the stock market will “go straight down.” “A major loss in the stock market if Joe Biden wins,” Varney said. “If he looks like he’s going to win before November 3, people will start unloading their stock holdings.”
  • AstraZeneca Stock Jumps on Report of Positive Data on Covid-19 Vaccine Trial

    07/15/2020 8:43:32 AM PDT · by SeekAndFind · 8 replies
    Barrons ^ | 07/15/2020 | By Josh Nathan-Kazis
    Shares of U.K.-based drugmaker AstraZeneca were climbing 5.5% Wednesday morning on an anonymously sourced report from a prominent British journalist claiming the medical journal the Lancet will publish “positive news soon” on the Covid-19 vaccine the company is developing with Oxford University. AstraZeneca (ticker: AZN) declined to comment on the report through an external spokesman. The brief article, which appeared early Wednesday on the website of the British television network ITV, was by Robert Peston, ITV News’ political editor. Peston writes that the Lancet will publish positive news on the Oxford vaccine, and that the paper will show that the...
  • Dow surges 500 points as positive housing data outweighs Rising Coronavirus spread

    06/29/2020 12:12:28 PM PDT · by SeekAndFind · 15 replies
    Business Insider via MSN ^ | 06/29/2020 | Ben Winck
    US equities traded higher on Monday as investors blocked out rising coronavirus case counts and focused on positive housing-market data. Pending home sales shot 44.3% higher in May, the National Association of Realtors announced Monday. The reading trounced the median economist estimate of 19.3%, according to Bloomberg. The association's metric now sits at 99.6, slightly lower than its pre-virus high of 111.4 but hinting at a steady recovery for the critical sector. The leap "goes to show the resiliency of American consumers and their evergreen desire for homeownership," Lawrence Yun, NAR's chief economist, said. "This bounce back also speaks to...
  • Rabobank: There Is No Way China Is Either Willing Or Able To Stick To The Trade Deal’s Terms

    06/23/2020 9:01:12 AM PDT · by SeekAndFind · 4 replies
    Trade For Profit ^ | 06/23/2020 | Michael Every of Rabobank, Head of Financial Markets Research, Asia-Pacific
    Today we got a taste of things to come when White House China hawk Peter Navarro stated to the press that the US-China trade deal was “over”. Cue a plunge in stocks and in CNY and in bond yields and general risk off. Then cue the inevitable rapid winding-back of those comments from Navarro and Kudlow and Trump, with the former saying his comments had been taken “wildly out of context” (they hadn’t given he was talking about the total collapse of US trust in China) and the latter tweeting “The China Trade Deal is fully intact. Hopefully they will...
  • Stocks are reacting badly to a leftist takeover of a major city, not a few new COVID-19 cases

    06/12/2020 5:50:24 AM PDT · by SeekAndFind · 23 replies
    American Thinker ^ | 06/12/2020 | Jack Hellner
    Instead of blaming a significant domestic terrorist takeover of a major city for a stock market collapse Thursday, the pundits and analysts are continuing their three-month-long talking points about COVID-19 to scare the public. They say we are worried about a second surge. The terrorist takeover of Seattle, a city with many large corporate headquarters, is hardly covered at all. That's a far more major reason. The market fell more than 6% overall but Boeing, a huge company with major activities in Seattle, fell 12%. Think there was no connection? Radio/television host Hugh Hewitt asked NBC's puppet Chuck Todd what...