headline
12/11/2020
We’re back with our second mailbag segment in as many weeks, and I can’t tell you guys enough how appreciative I am of your thoughtful comments and questions. Thank you guys for following along and thank you for writing in on our YouTube channel and to jeff@yastine.com — keep it […]
12/11/2020
Global stock markets turned lower this morning after the number of Americans applying for unemployment benefits rose and as U.S. political leaders continue to grapple with a fresh economic stimulus package. Thursday’s jobless claims report showed that 835,000 people applied for unemployment in the month of November. That’s the highest […]
12/10/2020
Wall Street opened weak and struggled throughout the session as traders awaited updates on a possible stimulus plan — and more in Thursday’s stock market update. Tech and the small caps showed strength, closing higher, while the broader market settled slightly lower. Stock Market Update The Russell 2000 gained 1.1% […]
12/10/2020
The holiday season is in full swing, and it could bring good tidings to you and your kin… Within the past several weeks, you guys have sent me a ton of emails asking about the prospects of a Santa Claus rally this year. Generally speaking, a Santa Claus rally (aka […]
12/10/2020
Global stock markets are mixed (and look extremely overbought) this morning following Wednesday’s selloffs in both the technology and health services sectors, putting an end to Wall Street’s winning streak. Shares recently have been pushed higher on the idea of rolling out a potential COVID-19 vaccine in the U.S. and […]
12/09/2020
Wall Street opened higher with the four major indexes setting another round of all-time highs on better-than-expected economic news… before things quickly fell back to earth — and more in Wednesday’s stock market update. Weakness came following reports that a stimulus agreement looks to be in jeopardy again. Senate Majority […]
12/09/2020
Let’s get right to the question of the week for a lot of investors: Is the Airbnb IPO a buy? Airbnb (Nasdaq: ABNB) is a software platform that allows homes and apartments to be used as short-term rentals, and the company is finally coming to Wall Street with its initial […]
12/09/2020
With all the hubbub this week regarding the initial public offerings of both DoorDash and Airbnb, it’s a great time to go over exactly how IPOs work and see how this particular sausage is made. “How do IPOs work?” is a question I get asked all the time, so this […]
12/09/2020
Global stock markets and U.S. futures rose this morning after major indexes on Wall Street hit record highs yet again. Markets in Paris, London, Tokyo, Hong Kong and Seoul traded higher, while shares in Shanghai fell following a report that China’s consumer price index slipped 0.5% in November. However, experts […]