By Janet H. Cho Updated April 18, 2021 6: 21 pm ET / Original April 18, 2021 1: 10 pm ET Order Reprints Print Article AFP via Getty Images Text size Here’s what you need to know to navigate the markets today. • Stocks are set to open Monday morning slightly down. On Sunday night, …
It’s natural to want to buy into a rising stock, so much so that following upward trends as a market strategy has a name: momentum investing. It’s the art of following the upward trends – but not necessarily following the herd. Momentum investing has its advocates and detractors, as do all investing styles; the key …
2 “Strong Buy” Momentum Stocks That Could Reach New Highs Read More »
The New York Times How Democrats Who Lost in Deep-Red Places Might Have Helped Biden Ebony Carter faced an uphill climb when she decided to run for the Georgia state Senate last year. Her deeply Republican district south of Atlanta had not elected a Democrat since 2001, and a Democrat had not even bothered campaigning …
BP to Stop Flaring of Natural Gas in Permian Basin by 2025: WSJ Read More »
The first big week of earnings season will kick off with a study in contrasts. The tech and airline sectors feature prominently on the earnings calendar, offering a glimpse of industries that have enjoyed vastly different fates during the first year of the pandemic. While many tech companies have benefited from an increased reliance on …
The pandemic’s differing earnings effects will be on display with tech, airline reports Read More »
Last August, solar developers entered an auction to sell power into the Portuguese electricity grid. And many planned to lose money on every megawatt. One of the winning bidders, Spanish solar firm Enerland, offered to sell electricity for €11.14 (US$13.12) per megawatt-hour (MWh), one of the lowest auctioned electricity prices in history. One megawatt hour …
The era of subsidies for wind and solar may be ending far too soon Read More »
U.S. stock index futures declined in overnight trading on Sunday, after the S&P 500 and Dow Jones Industrial Average closed at record highs on Friday. Futures contracts tied to the Dow slid 69 points, or 0.2%. S&P 500 futures dipped 0.3%, while Nasdaq 100 futures were 0.34% lower. Stocks are coming off a week of …
Stock futures fall in overnight trading after Dow, S&P 500 close at record highs Read More »
Bitcoin fell sharply on Sunday, dipping well below the 50-day simple moving average (SMA) support for the first time in six months. While the decline looks typical of a bull market correction, it could be extended further if prices find acceptance under the 50-day SMA, according to one analyst. “The loss of [bullish] momentum is …
If Bitcoin Starts Closing Below the 50-Day SMA It May Mean Deeper Pullback Ahead Read More »
Another rapid surge by stocks might seem unlikely, given that the S&P 500 is up just over 11% to 4185 this year, leaving it 8.6% above the 3,800 Citigroup global equity predicted for the year end. Investors have bid up stocks on a giddy mix of vaccines, stimulus, and pent-up demand. Is it possible, as …
What It Would Take for the S&P 500 to Hit 4500 by Year End Read More »
With stocks at all-time highs, one of Wall Street’s biggest bulls is taking his optimism up a notch. Federated Hermes’ Phil Orlando believes the S&P 500 could hit his year-end price target of 4,500 by July, which implies about an 8% gain from current levels. “At the pace the economy is growing and earnings are growing, …
By Craig Mellow Updated April 18, 2021 2: 39 pm ET / Original April 18, 2021 2: 38 pm ET Order Reprints Print Article Text size Russian President Vladimir Putin on April 15, 2021 Alexei Druzhinin/SPUTNIK/AFP/Getty Images For a nuclear option, the U.S. sanctions leveled on Russian debt on April 15 did remarkably little damage. …
Biden’s Sanctions Leave Russia’s Stocks and Bonds in Stalemate Read More »