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Fed Decision Could Bring Bank Stocks Into Bull Market
Saturday, December 19, 2020 - 9:02am | 401Read More...Traders waiting for a better moment to get into bank stocks may have gotten one. What Happened: The U.S. Federal Reserve Board released a statement after markets closed on Friday that clears the way for major banks to restart share repurchases. The decision was part of the Fed's stress-testing...
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NUGT Or DUST? Or Both? Slumping Gold Miners Could Dip, Then Rebound In Short Term
Sunday, December 13, 2020 - 12:10pm | 524Read More...Amid rallies for riskier assets late in 2020, once-hot gold is retreating and those declines are weighing on miners, which often overshoot bullion's price action in either direction. What Happened: Over the past month, the largest gold-backed exchange traded fund is lower by 1.38%, and the...
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Seeking A Greater Fool Than I: Bloomberg Article Points To 'Robinhood Posse' As Pushing IPO Valuations Beyond Good Sense
Saturday, December 12, 2020 - 12:39pm | 405Read More...The IPO frenzy of the past week is part of a larger picture that has taken shape this year, and Robinhood traders are a big part of what's behind it, Bloomberg reports this weekend. Pandemic Idle Time: AirBnB Inc (NASDAQ: ABNB), DoorDash Inc (NYSE: DASH) and C3Ai Inc (NYSE: AI) each saw...
