Two BlackRock ETFs are facing the prospect of selling as much stock of two energy companies as traded in 40-50 days to comply with dramatic index rebalancing. Also, the ETFs might need to sell over 10% of the free-float market cap of some other entities if the shake-up goes on as proposed. Stocks to be
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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
The stock market is on a hot streak lately with all three major New York markets showing an upward trend. The Dow Jones rose 1.08% to close at 31,055.85. The NASDAQ rose 1.23% to close at 13,777.74 and the S&P 500 rose 1.09% to close at 3,871.74. STOXX Europe also saw an increase today, coming
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.
The stock market closed on another high today, with all three major markets in New York seeing increases. The Dow Jones rose 1.57% to close at 30,687.48. The NASDAQ closed up 1.56% at 13,612.78 and the S&P 500 closed up 1.39% to finish at 3,826.31. STOXX Europe also closed up today by 1.29% at 405.92.
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
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
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
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
The U.S economy is facing its biggest contraction in more than a decade owing to COVID-19 disruptions. Amid widespread contraction in some sectors, real estate has remained resilient, unlike a decade ago when it was the catalysts behind the financial crisis. Commercial real estate has been a bright spot in the sector as companies move
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
It looks like Congress may be buying itself more time to reach a deal after the House today passed a bill that would provide one more week of funding to the government. While the Senate still has to pass the bill, this would prevent a government shutdown, which would otherwise occur on Saturday if no
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
Results and analysis are in for the first month of consumer spending after the $600 unemployment boost was out, and what happened shouldn’t be a surprise to many. Spending levels in households that were employed remained relatively flat but those who received the unemployment are burning through the savings they grabbed at an alarming rate.
This week in the labor market jobless claims jumped another 53,000 to 898,000 for the week ending October 10th, after the initial tally of 845,000 and industry experts expected around 800,000. That level of increase is likely because of more widespread outbreaks of COVID are affecting the job market like they did in March and
The California appeals court is finally hearing some of the arguments from gig workers in their lawsuit. The Tuesday appearance allowed them to hear arguments from lawyers for Uber Technologies as well as Lyft Inc. and the state of California itself. The argument is whether or not the state is able to recognize the drivers
Hacking personal finance is crucial if one is to survive whatever life throws at them at a time when the global economy appears to be in turmoil. Successful financial planning is all about figuring goals first and then determining the necessary steps needed to achieve them. Likewise, Money Hacks by Lisa Rowan and Psychology of Money by Morgan Housel
The unemployment rate has dropped to 7.9%, a new low that continues a four month streak of improvement. Still, the added 661,000 jobs that were added over the month of September were not what had been hoped for and did not increase the market as much as had been expected. The hiring increase is the
The IRS over the years has admitted that in most circumstances the higher income you are the less likely it is that an auditor will turn up at your door for an audit. That point draws more public ire today now that many places are reporting that President Trump paid less than $1,000 in 12
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Exchange-Traded Funds have performed exceedingly well as extreme levels of volatility and uncertainty forced investors to pursue diversified exposure in the market. Building up with the ETF frenzy, a new Cannabis ETF has hit the market as the need to provide investors with diversified exposure to the burgeoning segment continues to heat up. Pure U.S
The U.S real estate sector has come under immense pressure as the U.S economy faces its most significant contraction in recent years owing to the COVID-19 shocks. With more than 20 million Americans rendered jobless due to businesses’ shutdown and other economic activities, buying homes is no longer a priority. Millions of people are struggling
Keeping track of personal finance has become important, now more than ever. With millions of people rendered jobless in the aftermath of the COVID-19 disruptions, the need to stretch every dollar is becoming clear. Likewise, personal finance podcasts are making it much easier to achieve money goals without straining one’s lifestyle. We of course left
The effects of a Republican-Democrat stalemate on Capitol Hill will be felt far and wide following the expiry of the $600 unemployment benefits program. The two sides failed to reach an agreement that would have seen the program extended and to continue supporting people hard hit by the COVID-19 pandemic. Loss of Necessary Income Unemployment
There is a long weekend ahead for many, so we decided to share a few of our favorite stock market, investing, and business books ahead of the 4th of July holiday weekend. Many of us may be staying closer to home than we had originally planned, but that doesn’t mean we can’t escape with a
Going green is the new norm in the real estate sector as the race to cut long term carbon footprint heats up. Green properties are increasingly cropping up around the world has become as developers look to leverage their synergies in addition to conserving the environment. Green Property Standardization In the race for a more