The Bulls assure the American consumer – and the stock market – will hold a fine, even if politicians fail to allow a second round of financial stimulus before next month’s election. Some economists, however, are skeptical about how much electricity consumers will be able to buy after the accepted …
Read More »Stocks, oil prices sank after Trump’s positive tests for the virus
U.S. stock futures and Asian stocks fell on Friday after President Donald Trump said he and First Lady Melania Trump tested positive for the new coronavirus. Futures contracts for both the S&P 500 and the Dow Industries fell 1.9%. Oil prices also plummeted. Trump tweeted the news of his test …
Read More »What history says happens after a bad size log in September
Major U.S. September proved to be a frustrating month for the equity benchmark, marking the first defeat for Wall Street since the recovery rally began in late March. However, history suggests that the terrible September, which is historically the worst month of the year for U.S. stocks historically, may then …
Read More »How Tesla’s next delivery is done could lift EV stock
The size of the text A Tesla car parked near the Tesla Supercharger in Petaluma, California. Justin Sullivan / Getty Images Tesla Investors are experiencing an unusual month for the stock, but news that it will send more again is coming soon. In about a week, the company will report …
Read More »‘The temptation to buy’
Jim Kramer of CNBC, who has been warning people for weeks to lock-in on the profits of some stocks, advised investors to find places to buy potentially in the wake of Monday morning’s sharp market sell-off. Expressing concern about Europe’s second coronavirus lockdown, Kramer said: “We’re landing on something that …
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