by Daniel Smoot
2020 is almost here.
And it's lineup of IPOs could make it the biggest year yet for initial public offerings.
In fact, there are at least 10 firms poised to go public in 2020.
And almost all of them have valuations over $1 billion in industries ranging from financial services, mattresses, and even travel and lodging.
Like many holidays, Singles Day in China has morphed into a massive moment of commerce heavily promoted by Alibaba Group Holding Ltd. (NASDAQ: BABA).
In fact, it’s become the biggest shopping day in the world. The 2019 version of Singles Day was another record breaker. In 24 hours, more than $38 billion was spent over Alibaba’s network of e-commerce sites.
And the massive amount of money spent on Singles Day is just one of dozens of reasons to buy Alibaba stock despite its high price tag…
The Dow Jones Industrial Average is flat today as the market waits for new trade developments between China and the U.S.
We're also about to enter a busy earnings week for the retail sector.
The Dow has experienced a strong, four-week winning streak as optimism increases around global trade and economic growth.
Here's why the streak may continue in the days to come...
The Dow Jones today is heading for a rough open, with Dow futures down over 100 points this morning.
President Trump thwarted investor optimism on Friday when he said the U.S. wasn't ready to sign a trade deal with China.
Wall Street is anxious to see more specifics on the pending trade deal with China today.
But that's not all that will impact the Dow Jones on Monday.
Last Friday, a "flash crash" hit Chinese stocks trading on U.S. exchanges. China's $440 billion equivalent to Amazon, Alibaba, dropped 7% in just four minutes.
Those stocks tried to recover early in the week but are now back at the levels hit last Friday.
On the surface, it looked like a small market "blip," or hiccup. But the truth is, this was nothing less than a ferocious salvo of fire in a war, just as surely as if it'd been two destroyers at sea blasting away at each other.
It's a different kind of war, though – economic war.
You're ready to start trading options, but you've got one question…
What stocks should you trade options on?
In this article, Money Morning's financial experts break down the best stocks for options trading.
Due to the immensity of the U.S. economy and $22 trillion "market cap" of our stock market, it's not very surprising when most American investors prefer not to invest beyond our borders.
But the truth is, owning foreign stocks can not only slash your risk, but boost your returns as well.
The Dow Jones today will continue its climb after news that the U.S. and China would proceed with trade talks.
This growth comes in spite of a U.S. jobs report that fell short of expectations.
Some of the investment trends we talk about are downright electrifying.
Others, like Keith's "war, terrorism, and ugliness" trend, are nowhere as pleasant, but it's important to grapple with the issues head-on as globally oriented investors.
So far, U.S. financial markets have largely shaken off the mass unrest in Hong Kong, but that could instantly change.
Keith wants to make sure you're ready if it does...
The Dow Jones today is expected to jump by triple-digits after a Tuesday quote from President Donald Trump suggested lowering the capital gains tax, and other tax cuts.
The President also continued to put pressure on the Federal Reserve to lower interest rates further.
