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Stocks Why This Is the Best Bank Stock to Buy Right Now
By Shah Gilani, Chief Investment Strategist, Money Morning • @ShahGilani_TW •
Shah Gilani has the ticker of the best bank stock to buy this week. Read more » -
Stocks Four Earnings Season Stocks to Buy Today
By Shah Gilani, Chief Investment Strategist, Money Morning • @ShahGilani_TW •
Alcoa's report traditionally kicks off the "official" earnings season, but experienced investors know the action has already started. Shah Gilani's recommending four earnings season stocks to buy today - companies with a mix of great … Read more » -
IPOs Why the Chime IPO Is Scaring All the Big Banks
By Mike Stenger, Associate Editor, Money Morning •
How much do you enjoy spending a lunch break in line at the bank? Well, in the future, you don't have to.A little company called Chime came to solve that problem.And we could get a Chime IPO as early as this year.Mobile banking … Read more » -
Stocks The No. 1 Sector to Buy Into Right Now
By Shah Gilani, Chief Investment Strategist, Money Morning • @ShahGilani_TW •
While bank stocks had a great run higher, they started selling off last week and into this week, causing investors to exit America’s most profitable bank shares by the masses.Shah thinks this is a huge, expensive mistake, and doesn’t want you … Read more » -
Stocks Wells Fargo Is the Best Bank Stock to Buy Now
By Money Morning Staff Reports, Money Morning •
Bank stocks have tremendous tailwinds right now, and if you're looking to ride them higher, then Wells Fargo is the best of the bunch.You see, bank stocks are finally hitting their stride, and the latest rally is going to carry them higher … Read more » -
Trading Strategies My 2021 Market Outlook Means These Stocks Are “Must Buys”
By Shah Gilani, Chief Investment Strategist, Money Morning • @ShahGilani_TW •
After a nine-month stretch during which stocks rebounded more than 65%, Shah’s predicting an encore in 2021 that’ll absolutely smoke the original.Here’s where stocks are headed in the New Year, the specific stocks Shah’s watching – and how to … Read more » -
Trading Strategies DHI Is the Stock to Buy to Profit on America’s “Strange” Housing Boom
By Andrew Keene, Special Contributor, Money Morning •
With so much focus on stocks and vaccines, people have overlooked the fact that we’ve somehow got a big, unexpected housing boom on our hands.And Andrew’s housing play could be one of your top profit generators in 2021…. Read more » -
Dow Jones Dow Jones Today Slumps on Tech Rout
By Garrett Baldwin, Executive Producer, Money Morning •
The Dow Jones today started in the red as investors continued to pile out of tech stocks.Shares of Tesla Inc.(NASDAQ: TSLA) fell by more than 14.7% after the stock was not included in S&P 500 index changes by the S&P Down Jones … Read more » -
dow jones Dow Jones Now Flat as Wall Street Prepares for Earnings Season
By Garrett Baldwin, Executive Producer, Money Morning •
The Dow Jones now is flat as markets prepare for a busy round of earnings reports from the banking sector. This morning, we'll be looking for earnings reports from JPMorgan Chase (NYSE: JPM), Citigroup (NYSE: C), and Wells Fargo (NYSE: … Read more » -
dow jones Dow Jones Now Could Keep Rising on a Boost in Big Tech
By Garrett Baldwin, Executive Producer, Money Morning •
The NASDAQ continues to surge in July - up more than 10% so far. Major indices don't seem to be hurting from the latest update in COVID-19 cases - and news that corporate profits fell 44% in Q2. Read more » -
Trading Strategies Here Are Three of My Favorite Dividend Plays - Including One with a 7.4% Yield
By Shah Gilani, Chief Investment Strategist, Money Morning • @ShahGilani_TW •
Our Shah Gilani calls this time "The Era of the Income-Challenged Investor." And with good reason. Fed policymakers just voted to keep benchmark short-term interest rates down near zero and they're likely to stay there until … Read more » -
Stocks Markets Live Recap: Nasdaq Hits Another Record High Thanks to These Tech Stocks
By Money Morning Staff Reports, Money Morning •
The WorldWide Developers Conference has certainly been a tailwind for tech stocks as the Nasdaq Composite hit another all-time high today. Shares of Apple Inc. (NASDAQ: AAPL), Facebook, Inc. (NASDAQ: FB), Amazon.com Inc. (NASDAQ: AMZN), and … Read more » -
stocks Markets Live Recap: Our Experts Aren't Buying This Rally
By Money Morning Staff Reports, Money Morning •
The consensus among our experts here at Money Morning is that the worst for the economy is still yet to come... Instead of a quick "V-shaped" rebound, they're expecting longer, drawn out, "W-shaped" recovery for stocks. But that … Read more » -
Oil Reality Gap of the Week
By D.R. Barton, Jr., Technical Trading Specialist, Money Morning • @DRBarton_Stocks •
The OPEC oil cartel and other oil-producing countries, mainly Russia, spent most of last week hashing out a deal to cut oil production and put an end to oil's 60% price drop. Under the so-called OPEC+ umbrella, the group finally agreed to a … Read more » -
stocks Markets Live: the Afternoon Trading Breakdown with D.R. Barton, Jr., and Shah Gilani
By Money Morning Staff Reports, Money Morning •
Today's markets live afternoon session was a wild one. The Dow was up 4% in the first half of the trading day, but was ultimately met with selling resistance midway through the day and closed slightly lower. While that sounds … Read more »