Most investors want to put their money in equities but may not be able to afford large stakes in valuable companies with higher-priced stocks. For them, low-priced stocks could be attractive as these will enable them to buy more shares instead of just a handful of higher-priced
After the closing bell yesterday, software giant Oracle ORCL reported better-than-expected fiscal first-quarter 2021 results. The company beat the Zacks Consensus Estimate for both earnings and revenues.Earnings per share came in at 93 cents, beating the Zacks Consensus Estimate
In the last trading session, U.S. stocks saw rough trading as tech stocks resumed their slide. Among the top ETFs, SPY lost 1.7%, DIA shed 1.4% and QQQ moved 2% lower on the day.Two more specialized ETFs are worth noting as both saw trading volume that was far outside of normal.
On Sep 10, Peloton Interactive Inc. PTON reported earnings that breezed past Wall Street’s expectations. Notably, the company creates fitness products. The brand's content is accessible through the Peloton Bike, the Peloton Tread and Peloton Digital, which provide a full range
With the rise of the pandemic, Exchange-Traded Funds (ETF) trading activity has tripled as self-directed investors look to take advantage of market lows as buying opportunities.
The monstrous August rally that cheered investors has now entered the cursed September, which is historically considered the worst month for the stock market. Per the LPL Financial data in a Yahoo Finance article, the S&P 500 has fallen about 1% on average in September since
Wall Street has started rebounding from a three-day rough patch beginning Sep 3, after a strong August. This downturn induced by the sharp sell-off in technology stocks could have been a result of people rushing to book profits, may be due to worries over very high valuations, u
Many of this year’s best-performing, non-leveraged exchange-traded funds fit the bill as thematic funds, and within that universe of high fliers, several products are focusing on the next generation retail and consumer trends. That group includes Global X E-commerce ETF (EBIZ).
For investors looking for momentum, PIMCO Enhanced Short Maturity Active ETF MINT is probably a suitable pick. The fund just hit a 52-week high and is up 5.4% from its 52-week low price of $96.77/share.
The U.S. economy added 1.371 million jobs in August 2020, decreasing from the downwardly revised 1.734 million in the previous month and slightly below market forecasts of 1.4 million. Overall, the unemployment rate was 8.4% in the month of August, down from 10.2% even as employ
After a three-day market rout, Wall Street rebounded in trading on Sep 9 as investors jumped in to buy beaten-down tech stocks. The move has pushed the tech-heavy Nasdaq 100 to log its best day since April. The stocks that had plunged the most in the market rout recovered the mo
After the three-day rout, Wall Street bounced back as investors jumped to buy the dip in stocks. The rebound was broad-based yet the stocks that had plunged the most in the market rout recovered the most. Tesla TSLA popped 11% on the day, after slumping 21% in its worst-ever tra
After exiting a superb August, investors have shifted focus to the ongoing market upheaval in September. This is especially true given its ill-famed seasonality in the equity market.
The coronavirus outbreak continues to spread with the total number of infected cases crossing 6.3 million and a death toll of at least 189,000 in the United States. In such a scenario, the desperate wait for a vaccine to combat the pandemic is inevitable.
More than 170 ETFs have made their debut this year, but closures are slightly ahead of launches amid pandemic and rising market volatility. ETF providers routinely liquidate products that fail to gather enough assets. Many of the funds that shuttered this year were ETNs, leverag
The world’s third-largest economy has been grappling with multiples issues like the coronavirus outbreak, tanking economic growth and tensions with China. In such a scenario, Japan's longest-serving prime minister, Shinzo Abe, resigned on Aug 28 due to health issues. Now, Japa
U.S. stocks were super steady in August as investors rotated into the beaten-down segments of the year — cyclicals. The Nasdaq 100 rose nearly 11% in August compared to a gain of about 7% for the S&P 500, 6.6% advancement in the Dow Jones and 5.5% rise for the Russell 2000
The rout in technology shares that started on Sep 3 worsened to start this week’s trading as investors continued dumping this winning segment of the coronavirus crisis. The tech-heavy Nasdaq Composite underperformed once again compared with its other key U.S. peers after suffe
After logging in the best August in more than a decade, the stock market is trapped in the web of sluggish trading. This is especially true as the three major U.S. indices tumbled terribly over the past three trading sessions, slumping to a four-week low. Notably, the Nasdaq Com
After an astounding five-month surge, the tech-heavy Nasdaq Composite Index saw a blood bath in the recent trading sessions. The benchmark slumped to the correction territory (down 10% from the peak) in just three days, representing its quickest plunge ever from a record close (