stocks Our preview of the upcoming week’s earnings reports include GameStop (GME), Lennar (LEN) and FedEx (FDX).We’ve reached the tail end of earnings season, but there are a few more names likely to draw attention over the next few weeks. One of the headliner’s on this week’s earnings calendar is original meme stock GameStop (GME,… Continue reading GameStop (GME) Stock Remains “Dangerous” Ahead of Earnings | Kiplinger
US stocks rise as Russia and Ukraine enter a new round of cease-fire talks
The S&P 500 gained ground Monday as the 4th round of talks between Russia and Ukraine gets underway. The Nasdaq Composite slipped with tech stocks eyeing the 10-year yield above 2%. A win for stocks Monday would follow last week’s losses. Loading Something is loading. US stocks were mostly higher on Monday on optimism for… Continue reading US stocks rise as Russia and Ukraine enter a new round of cease-fire talks
Goldman Sachs cut its S&P 500 price target as commodity prices take a bite out of earnings and sees a 40% chance of recession
Goldman Sachs cut its S&P 500 price target to 4700 and said there’s a 40% chance of an economic recession.The bank said surging commodity prices and slowing economic growth will take a bite out of earnings.”Extremely low levels of equity market liquidity have amplified the impact of widespread investor selling,” Goldman said. Loading Something is… Continue reading Goldman Sachs cut its S&P 500 price target as commodity prices take a bite out of earnings and sees a 40% chance of recession
Bored Ape creator’s purchase of CryptoPunks means it now owns the two of the top-selling NFT projects
Yuga Labs, the team behind Bored Ape Yacht Club, has acquired CryptoPunks and Meebits from Larva Labs. Bored Ape Yacht Club and CryptoPunk NFTs have together done more than $3 billion in trading volume. Yuga Labs now owns the two of most valuable NFT projects on the market. Loading Something is loading. Bored Ape Yacht… Continue reading Bored Ape creator’s purchase of CryptoPunks means it now owns the two of the top-selling NFT projects
Deutsche Bank shares jump 12% as the German investment bank plans to wind down Russian operations following backlash
Deutsche Bank shares soared Monday after the company said it’s winding down operations in Russia. The German financial services firm faced criticism for initially saying it would stay in Russia following its invasion of Ukraine. The company said it’s helping its non-Russian multinational clients reduce their operations. Loading Something is loading. Deutsche Bank stock surged… Continue reading Deutsche Bank shares jump 12% as the German investment bank plans to wind down Russian operations following backlash
JPMorgan is the largest counterparty of the nickel ‘big short’ and is leading talks to contain the damage to the market: reports
Hamza Fareed Malik Traders, brokers and clerks shout and gesture on the first day of in-person trading at the London Metal Exchange Leon Neal/Getty Images JPMorgan is caught in the nickel short squeeze as the biggest counterparty to a Chinese tycoon’s trades, Bloomberg reported. Trades by Xiang contributed to a surge in nickel above $100,000… Continue reading JPMorgan is the largest counterparty of the nickel ‘big short’ and is leading talks to contain the damage to the market: reports
Don’t Let Filing Multiple W-2s Scare You
According to the United States Census Bureau, 13 million Americans had more than one job in 2019, and the number is only projected to increase as more Americans need supplemental income, desire to increase their skill set, or there is an inclination to explore different interests. If we add in the population of people who… Continue reading Don’t Let Filing Multiple W-2s Scare You
The stock market’s fear index is sending mixed signals to investors and that could mean a bottom is near, Fundstrat says
The stock market’s fear index sent mixed signals to investors this week, and that could be a sign that a bottom is near, according to Fundstrat.While the VIX often moves in the opposite direction of the stock market, both the VIX and S&P 500 fell on Thursday.”Every single instance was ‘proximity to low’ and 8… Continue reading The stock market’s fear index is sending mixed signals to investors and that could mean a bottom is near, Fundstrat says
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