(Bloomberg) — JPMorgan Chase & Co. strategists have identified what they say is a near bulletproof indicator to strengthen their argument that stock markets are poised to rally. The buy signal is triggered when the Cboe Volatility Index (VIX) rises by more than 50% of its 1-month moving average, which it last did Jan. 25, […]
Read MorePeople approaching retirement age with little in savings may have a bumpy road ahead. But certain steps can build a nest egg as rapidly as possible to ensure at least some money will be there for support in retirement. 1. Fully Fund Your 401(k) An employee in this age category who is offered a 401(k) […]
Read MoreBorr Drilling Limited operates as an offshore drilling contractor to the oil and gas industry worldwide. It owns, contracts, and operates jack-up rigs for operations in shallow-water areas, including the provision of related equipment and work crews to conduct oil and gas drilling and workover operations for exploration and production. BORR $2.3200 0.0400 % 1.7500 […]
Read MoreUnited-Guardian, Inc. (UG) United-Guardian, Inc. manufactures and markets cosmetic ingredients, pharmaceuticals, medical lubricants, and specialty industrial products in the United States and internationally. It offers cosmetic ingredients, including LUBRAJEL line of water-based moisturizing and lubricating gel formulations. Meridian Bioscience, Inc. (VIVO) Meridian Bioscience, Inc., a life science company, develops, manufactures, distributes, and sells diagnostic test […]
Read MoreThe pandemic sparked a shift in the world of car insurance. Despite providing customers an estimated $16.4 billion in refunds, auto insurance profits increased as fewer Americans drove and the number of auto claims dropped. But the pandemic continues to shift the industry, and now an increase in insurance costs is expected this year. Supply-chain […]
Read MoreThe explosive growth in passive trading, a fear of missing out, and a blind faith in “celebrity CEOs” have contributed to froth in high growth tech names, according to Harvard lecturer and renowned writer Vikram Mansharamani. Now, the author who made a name spotting market bubbles in his book “Boombustology: Spotting Financial Bubbles Before They […]
Read MoreDillard’s, Inc. (DDS) Dillard’s, Inc. operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States. Its stores offer merchandise, including fashion apparel for women, men, and children; and accessories, cosmetics, home furnishings, and other consumer goods. Teck Resources Limited (TECK) Teck Resources Limited engages in exploring for, acquiring, developing, and […]
Read MoreBuy Price: $119.00 or better Sell Price: TradersPro Sell Signal Bank of Montreal provides diversified financial services primarily in North America. The company’s personal banking products and services include checking and savings accounts, credit cards, mortgages, and financial and investment advice services; and commercial banking products and services comprise business deposit accounts The stocks founds […]
Read MoreOne of the most successful investors in the entire history of the U.S. stock market, and arguably the most famous of our era is Warren Buffett. His annual reports for Berkshire Hathaway have long been considered required reading for any serious fundamental or value-oriented investor because of the way he outlines his views of current […]
Read MoreThe exchange rate between Canada and the U.S. is often strongly correlated to the price of oil. Over the long run, when the price of oil rises, the value of the Canadian dollar (also called the loonie) also usually rises relative to that of the U.S. dollar. That correlation can be directly attributed to the way Canada earns […]
Read More(Bloomberg) — Cathie Wood stepped up selling of social media platform Twitter Inc. shares days before its earnings. Wood’s firm ARK Investment Management LLC sold nearly 4 million Twitter shares on Monday, the most in one day since at least May, according to trading data from ARK compiled by Bloomberg. The social-media company is set […]
Read More(Bloomberg) –BP Plc boosted share buybacks after surging oil and gas prices lifted profit to the highest in almost a decade. The London-based company followed its Big Oil peers Exxon Mobil Corp., Chevron Corp. and Shell Plc, all of which are pouring money back to investors after years of paltry returns. BP will repurchase another […]
Read More(Bloomberg) — What’s safer than short-duration bonds? Even shorter duration debt. As investors brace for an increasingly aggressive Federal Reserve, money is flooding into cash-like ETFs — which are seen as relatively less vulnerable to interest-rate risk. Traders have been piling into exchange-traded funds mostly focused on ultra-short instruments like Treasury bills, while offloading ETFs […]
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