When companies’ share prices move very high, some consider sharing the shares so that the lower prices will attract more investors. This can be a positive for long-term equity performance. Tesla Inc. TSLA, + 1.83% will split its stock 5-for-1 on August 31 and Apple Inc. AAPL, -0.08% will complete …
Read More »Consumer sentiment remains weak in August amid intense coronavirus pessimism
Americans in August felt no better about the economy than about their own financial situation than they did in the previous month, reflecting broad concerns about the still-spreading coronavirus and the chance of a slow recovery, emerged from a new survey. The preliminary reading of the consumer sentiment survey in …
Read More »The stock market would hold a Democratic whip in November
The stock market loves President Trump. Its policy has been the main factor behind the rise of the market. Some people think that if there is a Democratic whip in the November election, many of Trump’s policies will be reversed and taxes will increase. Based on that analysis, the stock …
Read More »Here’s a tip for pandemics: Buy on the rumor of a COVID-19 vaccine, sell on the news
The stock market may fall if a COVID-19 vaccine receives formal FDA approval. I know I’m advancing myself because it does not guarantee that an effective vaccine will ever be produced. But with eight faxes now in Phase III studies, and with Russia claiming bragging rights by being the first …
Read More »Stock index futures are heading for weaker-than-expected retail sales
Stock index futures traded on opposite sides of unchanged Friday after July retail sales showed a weaker rise than expected. Market participants this weekend were also eager for a round of virtual trade talks between the US and China against a backdrop of growing tensions between the two countries. What …
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