| | Did We Learn a Lesson from the Last Stock Market Crash? | | | | | Those in the markets learned an important lesson in 2020: what goes down, must come up.
But how do you know when the floor hits and the bounce begins?
Wouldn't you want to be in at that inception point? There's one way to know and it's not gurus, not headlines, it's not your brother-in-law spouting his theories on the markets.
Join us in our FREE, Live A.I. Market Training to learn how. | | | | | | DOW 32,560.60 | +0.98% | | | | S&P 4,002.93 | +1.30% | | | | NASDAQ 11,860.11 | +1.58% | | | | *As of market close | | • | Markets traded higher on Tuesday, as policymakers work to stabilize the banking system. | | • | Oil rose 2.8 percent, last going for $69.50 per barrel. | | • | Gold dropped 2 percent, ending at $1,944 per ounce. | | • | Cryptocurrencies traded slightly higher, with bitcoin at $28,101 at the stock market close. | | | | | | | | | | Keep Buying Strong Brands in Uncertain Times | | | | While the next market-moving news may not be positive, over time, investing in the stock market is more rewarding than betting against it. And with so many companies knocked down last year and into the current banking fears, investors who start buying shares of companies with strong brands could see big profits ahead. Best of all, brands can include a variety of industries. And chances are that brand is a household name, which brings familiarity in uncertain times. » FULL STORY | | | | | | Insider Trading Report: Walmart (WMT) | | | | Randall Stephenson, a director at Walmart (WMT), recently purchased 7,245 shares. The buy increased his holdings by 58 percent, and came to a cost of $1,000,168. This marks the first insider buy at the company in the past two years. Otherwise, insiders have been regular sellers of shares. Those sales have been dominated by members of the Walton family, who are still major holders of the stock, but a few company executives have sold as well. » FULL STORY | | | | | | Unusual Options Activity: Analog Devices (ADI) | | | | Semiconductor company Analog Devices (ADI) have been a strong performer in the past year, with a 13 percent gain, amid overall losses for the sector. One trader is betting on a reversion taking shares down in the coming days. That's based on the March 31 $175 puts. With 9 days until expiration, 2,232 contracts traded compared to a prior open interest of 115, for a 19-fold rise in volume on the trade. The buyer of the puts paid $0.77.
» FULL STORY | | | | | | • | New York Community Bancorp Acquires Bulk of Signature Bank Assets
Regional bank New York Community Bancorp (NYCB) has acquired the bulk of assets from Signature Bank, shut down last week. Signature's 40 branches will operate under NYCB subsidiary Flagstar Bank, and deposits assumed by Flagstar will be insured by the FDIC up to $250,000. | | | | • | Dollar Tree Phases Out Eggs Amid High Costs
Dollar Tree (DLTR), which raised its primary price point on its products to $1.25 from $1.00 amid the latest bout of inflation, is now phasing out eggs. The company notes that they're unable to offer the item at flat prices given the price volatility, even though Dollar Tree does have some items for sale at $3 or $5. | | | | • | Car Companies Pressured by Declining Tesla Prices
Carmakers are having trouble matching the cost cutting that has been going on at Tesla Motors (TSLA), which has dropped prices several times in the past few months. The company has the stated goal of slashing costs by 50 percent in the coming years. The price war is occurring as many traditional automakers are just starting to roll out EV models. | | | | • | Duolingo to Roll Out Music App
Language learning app Duolingo (DUOL) is working on a music app, which would allow users to learn basic music theory concepts via the use of popular songs. The app platform already has over 500 million users, and has moved beyond language learning to other projects in recent years. | | | | • | Virgin Orbit Looks to Avoid Bankruptcy
Virgin Orbit (VORB), the manufacturer or rocket engines, faces potential bankruptcy as soon as next week. The company is scrambling to avoid that outcome, with daily talks with potential investors. The company's market cap has dropped to under $200 million on the news, down from over $2.4 billion one year ago. | | | | | | TOP | | FRC | 36.043% | | | KEY | 9.04% | | | SEDG | 8.751% | | | CMA | 8.683% | | | USB | 8.433% | | | BOTTOM | | ATO | 4.309% | | | DLR | 3.876% | | | ED | 3.756% | | | LNT | 3.311% | | | AEP | 3.28% | | | | | | | | | There's just a fundamental issue here. People who are holding uninsured deposits at regional banks are nervous and the banking system is based on competence, and trust. You're not going to put your life savings somewhere, if you're not 100% confident that it's going to be there when you need it. | | - Eric Diton, president and managing director of The Wealth Alliance, on why the banking system may see more depositors move their money around in the coming days and weeks to ensure their funds are covered by the FDIC. | | |
No comments:
Post a Comment