by Tom Gentile
The unprecedented halt in sports across the country is presenting us with an unprecedented potential for gains.
And when savvy investors like us take advantage of this pent-up demand opportunity at the right time, we can be sure to grab a hefty share of those profits….
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The Dow Jones now is ticking up despite private payrolls for July coming in worse than expected.
According to ADP, private jobs were 167,000 for the month, well below the consensus forecast of 1 million.
The news is sobering ahead of Friday's official jobs report from the U.S. Labor Department.
More below on what's moving the Dow today.
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Robinhood has become all the rage for traders since the pandemic began swept the globe this year.
Confined to home with no sports to bet on and no open casinos, younger bettors turned to Robinhood and the stock market to get their action fix.
They were quickly joined by millions of others who saw how much money you can make trading stocks and got in on the action.
We're all for people taking their finances into their own hands, and we're here to help people make the best decisions with their money.
But with all the beginner money flowing into Robinhood, we also want to help you avoid some common pitfalls.
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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, mortgage rates are taking a dive as well.
Analysts are concerned about economic recovery.
Read for more on everything moving the Dow today.
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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 U.S. economy.
The market is discounting the possibility that the Fed will continue to expand open market operations given the weakness in underlying fundamentals.
More on these developments below...
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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 Netflix Inc. (NASDAQ: NFLX) lead the way (the latter two also hit record highs).
Since everyone knows about the moves in these mega-cap tech stocks, our experts – D.R. Barton, Jr. and Shah Gilani – gave advice on some other names.
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Stocks surged to close the week after a historic increased in U.S. jobs further fueled investors' confidence that the reopening of the economy will be successful following the COVID-19 lockdowns.
The 2.5 million jobs added in May was the largest one-month increase on record.
Investors were expecting an 8 million job loss.
The U.S. unemployment rate slid to 13.3% when it was expected to reach nearly 20%.
And stocks rallied big time.
The Dow was up 3.15%, the S&P 500 closed 2.62% higher, and the Nasdaq rose 2.06% to a new all-time high.
Here's what our experts - Chris Johnson and Shah Gilani - saw on this historic day...
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The Dow Jones now looks positive as airline stocks rally with the reopening of the economy.
The S&P 500 is on the verge of breaking higher than its 200-day moving average.
Boeing (NYSE: BA), however, is still fighting for its life.
More on this, and all else moving the Dow today, below...
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The Walt Disney Co. (NYSE: DIS) is one of the greatest companies in American history.
Over the last few decades, some of the "best in class" management has taken Walt Disney's vision and turned it into an entertainment empire.
There is a lot to love about the Walt Disney Co.
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The Dow Jones popped 130 points as states set to reopen their economies over the next two weeks.
President Donald Trump said Tuesday that there will "be more death" due to COVID-19 but that the failure to reopen the economy could be even more catastrophic.
More COVID-19 coverage below. Here's everything moving the Dow today...
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