Rising cases in Europe and a number of geopolitical risks led to a sharp fall in U.S. stocks on Monday on the sale of risky assets on Wall Street. Dow Jones Industrial Average DJIA, -3.14% The pace for the fastest daily decline since April at the Factset data show stood …
Read More »Deutsche Bank warns that financial crisis could surprise investors
Excuses / Reasons to Sell? Concerns about the huge weight of the stock market are overflowing on Monday. The political turmoil following the death of Supreme Court Judge Ruth Bader Ginsberg has raised concerns among global banks about the money-laundering scandal, the second wave of COVID-19 concerns, and the U.S. …
Read More »This is the face competition of Tesla Cybertruck in the EV truck market
By the mid-decade, as many as nine manufacturers could offer EV pickups Full-size pickups currently sell about 2.5 million annually Who will embrace battery powered trucks? It took Tesla TSLA, + 4.42% Barely 72 hours to get 200,000 advance reservations for its new cybertruck, or so it claims, its annual …
Read More »European bank stocks fall following money-laundering allegations; Dow futures slide 400 points
The signal for HSBC (L) and Standard Chartered Bank (R) will be displayed on April 28, 2020 at the local headquarters of each bank in Hong Kong. Anthony Valace Les / Agence France-Presse / Getty Images Shares of Europe’s top banks fell on Monday after reports surfaced that they were …
Read More »This chart signal says stop buying megacap technology stocks
The recent pullbacks in megacapitalization technology sto g have now been long enough and have gone so far that they have triggered chart signals warning investors not to sink these stocks in too little time. Chart indicators shine through the widely followed 50-day simple moving average, which serves as a …
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