Latest Updates on HTZ
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IPOs Why the Hertz Stock "Re-IPO" Is a Bad Deal
By Money Morning Staff Reports, Money Morning •
Hertz stock made its way back into headlines recently when it announced it would “re-IPO.” This news came with an ambitious plan to electrify its fleet with an order of 100,000 Teslas. Read more » -
Bonds It’s Time to Short the Bond Market
By Shah Gilani, Chief Investment Strategist, Money Morning • @ShahGilani_TW •
The Fed’s backstopping of the bond market was an effort to save the U.S.stock market, but it’s clear now that saying it and actually doing it are two very different things.Our Shah Gilani’s takeaway from it is that it’s time to short … Read more » -
Gold This Is the Key to Long- and Short-Term Gold and Silver Gains
By D.R. Barton, Jr., Technical Trading Specialist, Money Morning • @DRBarton_Stocks •
Precious metals like silver and especially gold have had a stellar year, to put it mildly. The physical bullion-backed SPDR Gold Trust ETF, probably the easiest way to invest in gold, is up more than 30% this year. -
Trading Strategies How to Profit from the Massive Mobile Investing Trend
By Chris Johnson, Quantitative Specialist, Money Morning •
The only constant in life is change. That goes double for markets: Investing, just like everything else, evolves. The latest evolution has, for some folks, turned investing into something like a video game... Armed with a … Read more » -
Dow Jones Dow Jones Industrial Average Slides as Pandemic Grows Worse Than Expected
By Garrett Baldwin, Executive Producer, Money Morning •
Dow Jones Industrial Average could slide further Thursday after COVID-19 passed its record for most cases in a single day, hitting 36,358 cases. Investors are also eyeing an ongoing trade dispute between the United States and China, a weak … Read more » -
Trading Strategies Hertz's Bankruptcy "Stunt" Was Canceled... but It Could Still Catch On
By Shah Gilani, Chief Investment Strategist, Money Morning • @ShahGilani_TW •
Three weeks ago, Hertz declared bankruptcy due to a COVID-19-driven demand collapse for travel and car rentals and about a $24 billion debt. Now as a trade, there could be some possibilities with HTZ shares if you like risk, but as a "buy" … Read more » -
Dow Jones Dow Jones Today Slides as COVID-19 Spread Accelerates in Western States
By Garrett Baldwin, Executive Producer, Money Morning •
The Dow Jones today is falling after the latest round of jobless claims and a swell of new COVID-19 cases around the nation. Airline stocks and retail stocks fueled Thursday's downturn. Markets are also reacting to a recent breakout … Read more » -
stocks Markets Live Recap: Stocks Close Down Despite Powell's Statement
By Money Morning Staff Reports, Money Morning •
The S&P 500 and Dow Jones were both down in early market trading as investors continued yesterday's sell-off. Then, Jerome Powell said the U.S. Federal Reserve intends to keep interest rates near zero through 2022. And he … Read more » -
Trading Strategies Here Are Two Ways to Be Bullish on Hertz Without Losing Your Shirt
By Tom Gentile, America's No. 1 Pattern Trader, Money Morning • @powerproftrades •
The COVID-19 pandemic may have been the classic "last nail in the coffin" for Hertz, but this company has been in trouble for four years now. And with travel at a standstill, Hertz was out of time, money, and options. So just last … Read more » -
Dow Jones Dow Jones Up Today Despite Hong Kong National Security Bill
By Garrett Baldwin, Executive Producer, Money Morning •
The Dow Jones is climbing despite news that China has approved a controversial national security law that will impact Hong Kong. The number of unemployed continues to grow since the start of the coronavirus pandemic, approaching 40 million. Read more » -
Trading Strategies As America Reopens, Explosive Pent-Up Demand Will Benefit These Companies First
By D.R. Barton, Jr., Technical Trading Specialist, Money Morning • @DRBarton_Stocks •
After the long coronavirus shutdowns, 35 states are now reopening or about to reopen. While the U.S. has shed about 26 million jobs over the pasts two months, the hope is that companies rehire the employees they've had to let go, and that … Read more » -
dow jones Dow Jones Pops with the U.S. Economy Set for Gradual Reopening
By Garrett Baldwin, Executive Producer, Money Morning •
The Dow Jones is rising today as traders speculate on the success of efforts to reopen parts of the U.S. economy. Across the country, many Americans are concerned about a second wave of COVID-19, while others are pining to get back to … Read more » -
Stocks 5 Stocks to Avoid During the Coronavirus Recession
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler •
It's clear the economic impact of the coronavirus crisis is creating challenges for most companies. But for those companies that were struggling before the virus struck, life will be exponentially more difficult. In particular, … Read more » -
Dow Jones Dow Jones News: Markets Flat in Wake of French Election
By Garrett Baldwin, Executive Producer, Money Morning •
In Dow Jones news today, the markets were flat after Emmanuel Macron won the French presidential election. The markets were also watching former Obama officials testify before a Senate subcommittee about Russian meddling in the 2016 U.S. … Read more » -
Dow Jones Dow Jones Industrial Average Today Rallies as Markets Expect Clinton Victory
By Garrett Baldwin, Executive Producer, Money Morning •
The Dow Jones Industrial Average today rallied as Election Day kicks off and the markets predict a Clinton victory. Read more »