"Take a look at the chart ofMicrochip. This is a stock that has been in a sideways consolidation range for upwards of 10 months. It's just starting to break out, and the size of the base that it's breaking out from suggests we could see the stock move up to $100," Johnson said ...
Shares that have surged recently on hopes for a smooth reopening of the economy led the declines. The Dow Jones Industrial Average plunged 1,861.82 points, or 6.9%, to close at 25,128.17. The S&P 500 slid 5.9% to 3,002.10 while the Nasdaq Composite dropped 5.3%. to end the day at 9...
The yield on the 10-year Treasury dropped to 4.16% from 4.23% late Monday. It’s fallen from 4.70% in April, which is a major move for the bond market and has given a solid boost to stock prices. Yields have eased on rising expectations thatinflation is slowingenough to convince the...
For example, studies have shown that the majority of players are disproportionately low-income, less educated, and nonwhite. Many people in these groups may feel that the lottery is their only chance to break out of poverty and have a decent life. In addition, lotteries entice people to covet...
Could it be possible for the underlying stocks in an index can drop (have dropped) a lot but the index would not drop that much (or remain relatively high)? Wolf Richter Mar 6, 2022 at 1:44 am Most of these stocks are not in the S&P 500. To get into the S&P 500, they have...
For such strength to continue, though, worries about a recession would have to abate. Recessions have historically led to drops in oil prices by destroying demand. And over the last week, stocks of energy companies have dropped even more than oil prices as some investors grew more fearful of...
The flip side of the argument is that the Dow has been moving away from industrials for some time. None of the newer entrants to the exclusive average have come from the industrial sector because other parts of the economy have gained in prominence. The last five additions have been Apple ...
“The earnings that came out today weren’t so good,” said Satoshi Takeyama, a fund manager at Credit Suisse Asset Management. “Concerns about the outlook in the US economy and the yen made it hard for investors to buy sectors with large exposure in these areas.” ...
Hi Jim. I really enjoyed your post today. I have one question for you to mull over: How do you pass on the values that you gained from a lifetime of work to future generations (your daughter and 5 additional generations) that may inherit sufficient wealth to not have to work? Thanks,...
【填空】Last month, the company's stock dropped to two dollars a share. 【填空】【跟读】The company's shares are soaring today after beating analysts' profit expectations. 今天,该公司的股票在超过分析师的利润预期后,大幅上涨。 【填空】【朗读】When the recession hit, those who purchased equity ...