Month: October 2020

Perhaps the most exciting aspect of the stock market is its dynamism. The trading environment is in a constant state of flux, whether it’s the daily shifts in price, the longer changes in market trends, or, most exciting for investors, the entry of new stocks into the game. IPOs have always attracted attention, for good reason – they introduce new players, add new variables, and open new opportunities.But not all IPOs are created equal. Some companies make instant waves while others slide by under the radar. Some companies just don’t impress investors, and fail to sell all the offered shares, …read more […]

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And here comes the holiday season pain for department stores, argues one long-time retail analyst. …read more […]

Dr. Michael Saag, Associate Dean for Global Health at the University of Alabama at Birmingham, joins Yahoo Finance’s Akiko Fujita to discuss U.S. surpassing 64,000 new COVID-19 infections for the first time since late July. …read more […]

Early in my career on Wall Street, I made an astonishing discovery: The overwhelming majority of my colleagues – bright, educated, experienced and articulate – didn’t have the foggiest idea what they were talking about.
This only became obvious in retrospect, when I saw how their carefully constructed financial theories and investment forecasts turned to dust rather than generating any significant profits.
(You’d be surprised to learn how many investment “pros” lose a substantial percentage of their own money in the market each year.)
The truth is that there are limitless ways to take a beating in stocks – and only a few …read more […]

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The U.S. government has signed agreements with pharmacy chains CVS Health Corp and Walgreens Boot Alliance to administer COVID-19 vaccines to residents of long-term care facilities whenever a safe and effective vaccine is authorized, the U.S. Department of Health and Human Services said on Friday. Under the partnership, residents and staff of all long-term care facilities like nursing homes, assisted living facilities, residential care homes and adult family homes across the country can get vaccinated at no out-of-pocket cost. Residents of long-term care facilities may be part of the prioritized groups for initial COVID-19 vaccination efforts until there are enough …read more […]

Most readers would already be aware that WestRock’s (NYSE:WRK) stock increased significantly by 32% over the past… …read more […]

Are you new to the day trading game but can’t wait to get started? I don’t blame you. Day trading can be an exciting and profitable venture. However, it’s best for the rookie trader to keep some important day trading rules in mind so that you can make the most of your opportunities without losing your shirt!
As a refresher, day trading is different from investing. When you invest in a stock like Amazon.com (Nasdaq: AMZN), you are riding the stock for the long term. You may be holding the stock for years, or even decades. Not so with day trading: …read more […]

(Bloomberg) — Volkswagen AG’s Traton SE agreed to acquire the rest of Navistar International Corp. for $3.7 billion, securing a long-sought position in North America’s lucrative heavy-truck market.VW’s truck division will purchase the remainder of Navistar stock it doesn’t already own for $44.50 a share, according to a statement Friday. Navistar said earlier the transaction is supported by Carl Icahn, its largest shareholder, and MHR Fund Management, the hedge fund founded by Mark Rachesky.Navistar shares surged as much as 23% to $43.65 as of 12:45 p.m. Friday in New York. The stock slumped earlier this week after Traton put out …read more […]

From mid-May 2020 to mid-October, shares of Chinese electric vehicle-maker NIO Limited (NIO) have run up more than seven times in price — 733% to be precise. Recognizing his error in not recommending the stock earlier, JPMorgan’s Head of Asia Auto Research Nick Lai issued a mea culpa this week: “Admittedly, we missed the stock’s major rally YTD.”But better late than never.Even if Lai missed the last 733 percentage points worth of gains, he thinks there’s still time for investors to catch the next 44% profit, and for this reason, Lai has upgraded NIO shares to “overweight” with a $40 …read more […]

The financial expert says Americans stay poor because of these big money blunders. …read more […]

While there is some risk, the benefits of margin trading can outweigh the hazards. It’s a familiar tool for many investors. Because when used properly, it can offer a substantial boost to an active trader’s portfolio.

Margin trading gives access to additional investible capital. It’s essentially a line of credit – or loan – from a brokerage. It operates similarly to a home equity loan. Except in this case, instead of using the equity of a home as collateral, you can use cash or securities as collateral.
The amount of a home loan is determined by the value of the property. And …read more […]

Will Weatherford, Weatherford Capital Managing Partner and Former Speaker of the -Florida House joins Yahoo Finance with his market outlook as the presidential election in the U.S. approaches. …read more […]

Pfizer CEO Albert Bourla announced the company’s Covid-19 vaccine could be available by late November. Yahoo Finance’s Anjalee Khemlani weighs in …read more […]