(Reuters) – Wall Street rose on Tuesday, with the Dow Jones Industrial Average finishing more than 2% higher when investors bought energy and materials stocks and looked beyond a recent surge in coronavirus cases. In widespread trade, Moderna Inc increased 18% after the biotech company’s experimental vaccine for COVID-19 showed …
Read More »Virus worries and FOMO management options bet on rising tech giants
NEW YORK (Reuters) – Options investors are raising the stakes on some of this year’s biggest winners, including Amazon.com Inc (AMZN.O), Netflix Inc (NFLX.O) and Tesla Inc (TSLA.O), even as they become cautious on the general market amid a coronavirus outbreak in the United States. The Netflix, Tesla and Amazon …
Read More »Why the S&P 500 is underperforming despite the US’s inability to contain COVID-19
AFP via Getty Images Here’s a weird twist to American exceptionalism: American stocks, as measured by the S&P 500 benchmark, hold up against their European rivals, despite US coronavirus cases rising again and threatening economic recovery, while European countries seem to have the outbreak largely under control. Coronavirus update: Global …
Read More »Variations on some topics: investors flock to the ETFs you’ve heard so much about
Investor interest in the exchange-traded thematic funds skyrocketed in the second quarter, according to a report released Monday. Thematic ETFs are funds that identify “powerful and disruptive macro-level trends and underlying investments that will benefit from the materialization of those trends,” wrote analysts at Global X, a thematic issuer of …
Read More »It’s time for investors to stop buying stocks that are “incredibly decoupled” from reality, economist warns
“ “The investment challenge could well change in the coming months from going through an exceptional wave of liquidity, which raised virtually all asset prices, to going through a general price correction and complex individual defaults.” “ That is Mohamed El-Erian, Allianz’s chief economic adviser, speaking about what investors should …
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