Part of the stock market recovery from pandemic lows is coming from the individuals in the market. These individual traders are younger than the average investor, more aggressive than long-held firms, and are set to place bets on equities from any excess funds they may have, like new stimulus checks. Strategists Parag Thatte, Srineel Jalagani,
In a surprise for the weekly measure, the new applications for United States employment benefits fell substantially for the week ending February 20th, although the number is still very high compared to pre-pandemic averages but may be suggesting that the economy is beginning to rebound from the economic destruction of the winter months. Initial claims
The stock market starts the week under some pressure as yields from bonds rise with the hopes of a global economic recovery is on the horizon. The hopes have been raised with the continued vaccine rollouts around the world and the $1.9 trillion stimulus package from the Biden Administration. THe yield of the benchmark 10-year
While many venues of major entertainment are closed from the public for their purposes many investors think that the public will jump right in when the major threat of the pandemic is over. In fact these investors are thinking there will be a surge in consumer spending to many industries that have been hit hardest
Tesla Inc. (NASDAQ:TSLA) lit up the market after confirming a $1.5 billion stake in high flying cryptocurrency Bitcoin. The investment came hot on the heels of Square confirming a $50 million bet and MicroStrategy investing more than $200 million. As it stands, mainstream investments on Bitcoin looks set to edge higher eve further. Morgan Stanley
Tuesday’s trading session ended with a drop in both the Dow Jones Industrial Average and the S&P 500, which resulted in breaking the longest win streak for stocks in months. However there is something itching at the back of many investors minds, is there a major correction around the corner? Even bullish investors are starting
For the month of January the American economy saw wage growth of only 49,000 jobs. While this did decrease the unemployment rate the economy is struggling to make major progress after the coronavirus layoffs that started at the end of 2020. This report will add fuel to the Democratic push as the United States Senate
What is going on in the markets? Many people don’t really know yet and even more are unsure of what to project forward with market moves. Investors are going over a large swath of corporate earnings while also waiting for the weekly jobless claims data to see what their short term strategy should be.
Investors going at the stock market on their own are now in love with the stock market but this new infatuation is making veterans in the market nervous. Garrett DeSimone, current head of quantitative research at OptionMetrics made a statement that, “What we have seen is a focus on short-term, out-of-the-money call options because they
Exchange-Traded Funds have been a central theme and a preferred investment vehicle for investors looking to diversify investment portfolios in the equity markets. Likewise, the ETF marketplace has registered significant capital inflows as investor’s eye broad exposure. Mutual Funds Conversion Concerned by the strong demand for ETFs, a number of mutual funds are contemplating changing
Advertiser Disclosure StocksForYou is not your typical stock recommendation service but one that offers the best and timely stock recommendation for investors eyeing high returns. The service has mostly lived up to expectations on helping beginners focus on the right things in the market, as was the case in a recent newsletter from November that we
When 2020 started a milestone was hit in job demographics, as women held more jobs than men in the United States, something that only happened one other time at the end of 2009 and into 2010. There were still discrepancies, as women are more likely to work part-time because of expectations as caregivers and full
In a mixed week for job results the number of Americans who applied for jobless claims for the first time fell slightly to start 2021, but unemployment is still very high and not very likely to fall until after the coronavirus pandemic goes away or at least is under control. Initial jobless claims traditionally filed
Billed as one of the most bizarre years, one thing stood out in 2020: Special Purpose Acquisition Companies SPACs. Better known as shell companies, SPACs took the market by storm as the need to raise capital inched a notch higher among private companies. While private companies have always had ample access to capital from venture
Stimulus checks are set to be distributed in the coming days, but that may be called into question as Congress, and specifically the Senate, are struggling over the bill. The President signed the original bipartisan bill, passed by Congress on Sunday, however he also called for an increase to the individual checks being sent out
While 2020 was a rough year for many, although others were able to fix their issues and move forward from the March collapse. With extremely low interest rates coming from the Federal Reserve, as well as unprecedented support from the federal government to support the investing economy, with technology stocks doing the best on average.
With the second stimulus checks getting authorized with the signing of the $900 billion relief package attached to the omnibus spending bill it is important to remember that the amount per person is only $600 each this time, half of what it was for qualifying adults last time but slightly higher for qualifying children. Most
Applications for first time unemployment benefits fell to a three week low right before the Christmas holiday break to 803,000. This number while a drop is still quite high and is reflective of the new layoffs that have started to ramp back up over the past month that are tied to increased coronavirus cases across
Financing and investing billionaire Warren Buffet had an interview on Tuesday that used his stature and the reach of his interview to argue that the stalemate by United States Lawmakers in Washington D.C. that has dragged on for seven months now is letting small businesses fail unnecessarily just so they can get what they want
Talks of another stimulus package, to help cushion millions of people struggling amid the second wave of COVID-19, continues to gather steam in congress. The bipartisan push which has stalled in recent months is in a crucial stage, treasury secretary Steven Mnuchin having presented a White House proposal to Congress. Whitehouse Stimulus Proposal President Donald
First time applications for unemployment benefits jumped in the last week to the highest level in about three months months as coronavirus cases spiked in multiple parts of the country and delays from Thanksgiving finally caught up with the systems. Initial claims jumped to 853,000 from last weeks 736,000 in the seven days ending on
The U.S Exchange Traded Funds market has been a buzz of activities as investors eye broader market exposure to counter the exacerbated volatility levels. The uncertainty triggered by the COVID-19 pandemic has seen most investors turn to ETFs to diversify investment portfolios. ETFs For IPOs Likewise, the Initial Public market has also been heating up
Usually the New Year is a time for many to start long term financial goal planning. But right now many Americans are living day-to-day. With over third of America saying they’re going to be in “survival mode” in 2021 per Fidelity Investments New Year Financial Resolutions Study. What does “survival mode” mean? Well ,per the
If you’ve been fortunate enough to work in a place that offers a 401(k) you should consider yourself lucky. It appears that many companies are going to end that perk, if they haven’t ended it already. Posts of it on job searching boards like those on Glassdoor or on Social Media show that there is
The United States job figures for November were released and there was a gain of 245,000 jobs for the month. This did lead to a lower unemployment rate but hiring itself fell to a seven month low, a near prophetic sign that the increase in coronavirus cases throughout the country is causing damage to the
Late Thursday afternoon the United States Treasury Secretary Steven Mnuchin wrote a letter to the Federal Reserve that his department won’t be extended and that it will expire fully at the end of the year. In the letter Mr. Mnuchin said that the Federal Reserve’s lending program for small and medium businesses would be terminated.
GM had originally announced that it would devote $20 billion to work on developing more electric vehicles and even fully autonomous vehicles within the next five years. But they’ve now decided to increase that number, pledging a total of $27 billion through 2025 to turn not just a small portion of their vehicles to electric,
Even with low interest rates and massive quantitative easing happening at the same time to try and boost bottom lines of major corporations it likely isn’t enough to see massive growth in the stock market. Something else has to be there to make that happen. The advisory group at JPMorgan Chase’s global quantitative easing group,
Hopes of a faster economic recovery are the catalyst behind U.S treasury yields’ recent spike. The rebound hopes have been affirmed by Moderna unveiling a COVID-19 vaccine that is 95% effective. Even as U.S Treasury yields show signs of edging higher, Chinese Bonds remain under pressure. Treasury Yield Rally The Yield on the 10-year Treasury
Governments and regulators, worldwide, are acknowledging that cryptocurrencies are here to stay. Likewise, it does not come as a surprise that some have hit the ground running, trying to set up a regulatory framework to govern the burgeoning segment. South Korea Financial Services Commission is emerging as one of the most aggressive on this front.