Time to Buy or Short This Meme Stock?
History may not repeat but it sure does rhyme and right now there are echoes of pandemic era euphoria. Roaring Kitty’s first tweet in 3 years led to Gamestop share price soaring. And now the public is giddy to know where the trader who turned tens of thousands into tens of millions is turning his attention next. » Read more about: Time to Buy or Short This Meme Stock? »
Read MoreCould Dell Rise 43.4%?
Dell has been around for more than 30 years and, in the past, focused mainly on manufacturing computers and other hardware, but recent acquisitions have broadened its offerings to include software, cloud-based services, data protection and more.
Given the uncertain economic climate, concerns loom over whether Dell can thrive? Will it prosper,
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Read More1 Stock Down 41% To Buy Now
» Read more about: 1 Stock Down 41% To Buy Now »
Read MoreOnly 1 Tailwind Supports This Major Stock
NVIDIA Corporation (NVDA) is a well-known name in the technology sector. The company’s technology is used in gaming, data centers, automotive applications, and artificial intelligence.
In its most recent quarter, NVIDIA saw a strong performance from its data center segment but weaker results from gaming.
Despite the macroeconomic headwinds,
» Read more about: Only 1 Tailwind Supports This Major Stock »
Read MoreIs This Space Stock Set For Blast Off?
It’s not every day of the week we cover stocks trading under $5 per share, which are technically considered penny stocks. It’s rarer still to discuss those trading under $2 per share, but one space stock now is just too interesting to gloss past.
Before proceeding further, we must first note that this stock has been nothing short of a train wreck for shareholders since first going public via a SPAC sponsored by dMY Technology Group.
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Read MoreThe Ivy
Did The Market Already Bottom?
If Goldman Sachs is right, the market moves late last week were sufficient to alleviate selling pressure, at least for now. They identified a key line in the sand around 5250 where selling pressure would sharply drop over the coming week from the sell orders that had been slated.
It’s also been a tailwind to see big institutions,
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Read MoreThe Spotlight
51% Of Buffett’s Portfolio Is In 1 Stock
Warren Buffett is one of the most successful investors of all time. He has made billions of dollars by following a simple investment philosophy: invest in companies with strong competitive advantages that are trading at fair prices.
One of Buffett’s favorite companies is Apple now represents an astonishing 51% of his entire stock portfolio.
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Read MoreThe Daily
Fed Meeting Today Live: Fed Chair Powell Says He Has Not Communicated With President Donald Trump
Economists React to FOMC Decision and Powell Comments
15 hr 5 min ago
After the committee’s interest rate decision and Chair Jerome Powell’s subsequent comments, economists were seemingly unsurprised that interest rates remained unchanged.
Here’s what some of them had to say:
Wells Fargo Chief Economist Jay Bryson: “There was little in today’s statement to suggest the FOMC is contemplating another rate cut in the near future.