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Stocks Why Only One of the Top Travel Stocks Is Worth Buying
By Mike Stenger, Associate Editor, Money Morning •
With two viable vaccines ready to rollout, some expect the travel industry to roar back to life in 2021.Investors are racing to catch potentially explosive gains by buying the best travel stocks right now.But buyer beware: There is … Read more » -
Stocks Is Now a Good Time to Buy Airline Stocks?
By Money Morning Staff Reports, Money Morning •
Now that we have two very effective coronavirus vaccines heading for the market, things appear to be looking up for the airlines.Airline stocks have rebounded sharply in the last few weeks as it increasingly looks like we will be able to put … Read more » -
Penny Stocks The Best Penny Stock to Buy Now Could Pop 300%
By Mike Stenger, Associate Editor, Money Morning •
Investors are starting to look optimistic about 2021.The Dow soared more than 1,000 points to start this week.The CBOE Volatility Index has also cut down to nearly half its late-October peak of 40 to the low 20s.And with such a … Read more » -
Stocks The Best Stocks to Buy Before the Next Round of Stimulus
By Money Morning Staff Reports, Money Morning •
Stocks were at their lows for the year back in March when COVID-19 was spreading rapidly throughout the world for the first time.It was a time of fear and panic in the financial markets as stocks fell about 35% from their all-time highs in … Read more » -
Dow Jones Dow Jones Today Falling as Stimulus Looks Less Likely
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning •
The Dow Jones today is taking a hit after Treasury Secretary Steven Mnuchin said that a stimulus deal before the election is looking less and less likely.Earlier this week, House Speaker Nancy Pelosi (D-Calif) said the White House’s proposal … Read more » -
Dow Jones Dow Jones Today Rises on Calls for $25 Billion Airline Bailout
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning •
The Dow Jones today could see gains after President Trump called for $25 billion in emergency funding for the airline industry.Trump’s latest push for stimulus came just hours after he said that he had called off stimulus talks until “after … Read more » -
Trading Strategies No Stimulus Necessary for My Watchlist Stocks to Move
By Andrew Keene, Special Contributor, Money Morning •
The airline sector continues to get clobbered by the pandemic with no stimulus in sight.But it would be a mistake to count on it regardless.The same is true of investing and trading right now – a big stimulus rally could happen, but … Read more » -
stocks Should I Buy Airline Stocks Now? Chris Johnson Explains in His "Markets Live" Session
By Money Morning Staff Reports, Money Morning •
Airline stocks find themselves in a precarious situation right now. In April, these businesses received $25 billion in bailouts from the U.S. government to continue paying their hundreds of thousands of employees. Under the terms … Read more » -
dow jones Dow Jones Industrial Average Slumps as U.S. COVID-19 Cases Continue to Spike
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning •
The Dow Jones Industrial Average faces pressure after a wild trading session on Thursday. Ongoing worries about COVID-19 and the possibility of a continuation of rising cases continue to rattle investor sentiment. Meanwhile, … Read more » -
dow jones today Dow Jones Today Remains Volatile as COVID-19 Cases Rise
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning •
The Dow Jones today slipped as the coronavirus case numbers tick upward. Chinese stocks popped yesterday for their seventh straight day, adding 177 points to the Dow and 148 points to the Nasdaq. But much is still uncertain with … Read more » -
Dow Jones Dow Jones Now Could Hit a Slump on Rising Coronavirus Cases
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning •
The Dow Jones now could slip today as the U.S. hit 2.63 million coronavirus cases. Wall Street had its best quarter in decades after a sharp rebound from the COVID-19 market crash in March. Investors must now face a slate of potential … 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 » -
dow jones Dow Jones Industrial Average Jumps as Airline Stocks Take Off Again
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning •
The Dow Jones Industrial Average dropped this morning after the National Bureau of Economic Research's Monday announcement: the U.S. is officially in recession due to COVID-19. There has also been a dip in corporate earnings. Airline stocks … Read more » -
dow jones Dow Jones Industrial Average Jumps as Airline Stocks Take Off Again
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning •
The Dow Jones Industrial Average continues to rally on the economy's reopening. Airlines, retail stocks, and cruise lines pressed higher on optimism that the economy will experience a V-shaped recovery. Read more » -
Dow Jones The Dow Jones Now Surging on Potential Coronavirus Vaccine
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning •
The Dow Jones now is rising on the possibility of a coronavirus vaccine from Novavax (NASDAQ: NVAX). The markets are also looking forward to further reopening the economy as summer kicks off. This morning, cruise stocks, casino … Read more »