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01/25/2021
Disappointing earnings from technology leaders are to blame for the drop in the Dow Jones Industrial Average (INDEXDJX: .DJI) today. Leading the disappointments is the missed revenue expectations from International Business Machines Corp.’s, aka IBM (NYSE: IBM). IBM’s stock price fell around 6.5% aftermarket. Their sales have now declined or remained stagnant for ten quarters […]
01/25/2021
Election news, the Capitol Hill riot, looting and a new Democratic presidency has resulted in a huge uptake of sales for firearms… and a surge in two gun stocks for 2021. It’s pretty well known that the Democratic Party favors gun control. That’s the main reason why we’re seeing such […]
01/25/2021
Global stock markets are mostly higher this morning as investors look forward to upcoming earnings reports in hope that economies hit hard by the COVID-19 pandemic will soon recover. With both a Democratic president and Congress, investors are hopeful that Washington will send out another round of economic stimulus. In […]
01/22/2021
Wall Street was weak throughout as disappointing earnings and profit taking weighed on sentiment — and more in Friday’s stock market recap. The major indexes rebounded off the opening lows following better-than-expected economic news, especially from the housing market — which remains on fire. Headwinds from low inventories and high […]
01/22/2021
Special Purpose Acquisition Companies, or SPACs as they’re most often referred to, have been all the rage in the investing community. In fact, 2020 was a record year for them, as more than 200 SPAC sponsors issued initial public offerings — four times as many as 2019. So I get […]
01/22/2021
Hey, guys, we’ve got a deep analysis today of something I’ve been admittedly bullish on. That something is gold, and I want to take a look at whether or not you should invest in gold in 2021. Gold has been a hot topic the past few years, and especially so […]