Is it time to “get out of the dodge”?Courtesy Everett Collection The ups and downs in the stock market over the past few weeks have not been pleasant for anyone – although they do help employ financial journalists. Here is another idea. The latest method may be more than just …
Read More »Grocers stockpile, create ‘epidemic’ palettes ahead of winter
Grocery stores and food companies are preparing for a potential surge in sales amid a new surge in Covid-19 cases and the upcoming holiday rush. Supermarkets store groceries and store them early in preparation for the fall and winter months, while some health experts warn that the country could see …
Read More »U.S. stocks appear third largest outflow in history as investors flee technology
Lucas Jackson / Reuters Bank of America on Friday said it would provide details of the inflow of funds into and out of the key-market sector, Bank of America said on Friday. Bank of America said U.S. stocks faced their third-largest fund inflow, with investors pulling .8 25.8 billion from …
Read More »Westpac, Australia one of Australia’s largest banks, hit a record 920 million in fines
The company announced on Thursday that it had agreed with Australian regulator AU Str AC to a fine of 1.3 billion Australian dollars ($ 920 million). Broke the law. “I sincerely apologize for the bank’s failure,” CEO Peter King said in a statement. “We’re committed to fixing these issues to …
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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