Earnings season is here with us once again, with nearly 10% of S&P 500 companies having reported third-quarter 2021 earnings. According to FactSet data, 80% have reported actual EPS above estimates, with earnings coming in 14.7% above Wall Street estimates. No energy company has returned its Q3 2021 scorecard yet, but five are expected to […]
Read More(Bloomberg) — Zillow Group Inc.’s decision to stop pursuing new home purchases comes as the U.S. housing market appears to be cooling off slightly, showcasing the challenges for an emerging high-tech spin on home-flipping. The online listing giant has been buying and selling thousands of homes in recent months through its iBuying program, which depends […]
Read MoreWhere do millionaires keep their money? High net worth individuals put money into different classifications of financial and real assets, including stocks, mutual funds, retirement accounts and real estate. Most of the 20.27 million millionaires in the U.S. did not inherit their money; only about 20% inherited their money. More than two-thirds of all millionaires […]
Read MoreMovado Group, Inc. designs, sources, markets, and distributes watches worldwide. It operates in two segments, Watch and Accessory Brands, and Company Stores. The company offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT brands, as well as licensed brands, such as Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, and Scuderia Ferrari. MOV $34.5500 […]
Read More(Bloomberg) — Retail investors keep on buying the dip, even as stock market fundamentals deteriorate, according to Morgan Stanley strategists. The optimism of mom-and-pop traders is causing many institutional investors who share Morgan Stanley’s cautious view to “cover and chase,” strategists led by Mike Wilson wrote in a note. That’s keeping the S&P 500 index […]
Read MorePotential short squeeze plays have gained steam in 2021 with new retail traders looking for the next GameStop Corp (NYSE: GME) or AMC Entertainment Holdings Inc (NYSE: AMC). A short squeeze can occur when a heavily shorted stock rises in value instead of falling. Short sellers could be looking to close out their position and […]
Read MoreBuy Price: $260.00 or better Sell Price: TradersPro Sell Signal Jones Lang LaSalle Incorporated, a professional services company, provides real estate and investment management services in America’s, Europe, the Middle East, Africa, and the Asia Pacific. The company offers a range of real estate services, including agency leasing and tenant representation services; and capital market […]
Read MoreAs recently as a few months ago, a lot of signs about the global pandemic seemed to suggest that the worst of the worst was over, and we could all finally begin to put COVID-19 concerns and commentary in the rear view. As contagious variants of the virus have emerged, however, it has become more […]
Read MoreAlcoa Corporation (AA) Alcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Brazil, Canada, and internationally. The company operates through three segments: Bauxite, Alumina, and Aluminum. It engages in bauxite mining operations; and processes bauxite into alumina and sells it to customers who process […]
Read More(Bloomberg) — Tesla Inc. shares are staging a comeback as investors expect the Elon Musk-led electric carmaker to navigate the crippling semiconductor shortage better than rivals that have been severely disrupted. The stock gained as much as 0.4% to $846 in U.S. premarket trading on Monday, set for a 50% increase from a March 8 […]
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