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The world’s largest technology companies have carved out a unique role during the COVID-19 pandemic. They are now considered defensive plays thanks to their entrenched competitive position and...
The NASDAQ is up 15.9% so far this year. Just a week ago, the year-to-date gain was 20.8%. Contrast that with S&P 500 Index, down 0.4% for the year, or the Dow Jones' 7.6% loss in the same period....
While US homebuyers tightened their purse strings as unemployment exploded during the initial wave of the pandemic, homeowners took advantage of record low borrowing rates. Demand for home refinancing...
Right now, most of the world is busy rebuilding and recovering from the coronavirus pandemic. All the while, and perhaps somewhat under the radar, China has been making swift progress with the...
Carmakers are among the biggest industrial victims of the global coronavirus pandemic. During the past three months, they've experienced plant closures and demand destruction as the worldwide health...
The broader stock markets are seemingly defying gravity, including hard evidence that the United States entered recession in 2020. But that hasn't stopped US equities from hitting all-time highs, with...
For investors who are closely watching the stock of troubled planemaker Boeing (NYSE:BA) it's been quite a month. Shares of the Chicago-based aviation and defense giant have gained about 80%...
At $40 per barrel, theoretically only half of the Saudi budget will be funded by its oil and that won’t do for the kingdom. So, the House of Saud is doing what’s logical: pumping up the...
COVID-19 has been very good to Netflix (NASDAQ:NFLX)—both the company and its stock. Faced with the prospect of indefinite lockdowns, people happily subscribed to the company's streaming...
Since touching the March 23 low, the rebound of Apple's (NASDAQ:AAPL) stock has been remarkable. Shares have risen more than 50% since then and are up about 10% for the year. Currently trading at...
Federal Reserve Chair Jerome Powell is not an economist and his plain-speaking policy steers him away from “on the one hand-on the other hand” dichotomies, but his recent messaging has...
Reports Q1 2020 results on Thursday, May 21, after the close Revenue expectation: $2.97 billion EPS expectation: $1.66 A strong and impressive rally in NVIDIA (NASDAQ:NVDA) shares during the current...
A trio of market drivers lined up yesterday, to produce the biggest advance for equities in six weeks. The Dow Jones Industrial Average rose over 900 points and gained almost 4%.The three catalysts: a...
Silver, gold's cheaper but often overlooked precious metal associate, has completed a bullish pattern. It appears the white metal—which has both luxury and industrial uses—is about to...
US futures are on the rise at time of writing, promising another day of rallies for the underlying indices when Wall Street opens later on Wednesday. When this occurs, it would be the third straight...
To the gold crowd hoping to read the tea leaves after today’s Fed meeting, here’s a likely synopsis: with rates virtually at zero, focus will probably be on the direct lending plan to...
Take note of this date: May 11. By then, if the math is right, the physical price of U.S. crude should be back in negative territory—though I have a hunch it will happen earlier.As everyone...