The 10-year Treasury bond now yields 0.5% Last Friday, the yield on the 10-year Treasury note dropped to 0.520%. According to Deutsche Bank, that’s the lowest yield in 234 years. Whenever you see stats like this, know that someone is getting a little creative. What they’re doing is splicing data from other sources to come […]
NIO Stock Price Rises on July Sales News
Shares of electric carmaker Nio Inc. (NIO) exploded above $14 a share on July 2020 sales news. For July 2020, the company delivered 3,553 vehicles – up 322% year over year. NIO has now delivered 17,702 vehicles for the year – up 111% year over year. “In July, we are pleased to have achieved the […]
Three Trends Driving Up Dividend Stock Share Prices After Lifting The Lockdowns
It was just a handful of months ago that the coronavirus pandemic took hold of the U.S. population and economy. Most states put their populations into lockdown for much of April and May, which did slow the spread of the virus. Still, people can’t stay at home forever, and reopening of much of the economy […]
TTWO Stock Prices Moves Higher After Reporting 54% YoY Revenue Growth
Take-Two Interactive Software (TTWO) shot higher after reporting earnings recently. TTWO fiscal first quarter revenue came in at $831.3 million, growing 54% year-over-year, and representing record Q1 revenue for the video game maker. TTWO said “recurrent consumer spending”, which is made up of in-game purchases of items, add-ons, and virtual currency used in its games, […]
Trade of the Week: AAPL
This past week was characterized by robust action in the big tech names, with companies like Apple (AAPL) and Facebook (FB) posting very strong earnings. AAPL in particular released better than expected earnings, and also announced a 4 for 1 stock split. Since splits tend to have a short-term bullish impact on the stock price, […]
TGT, WMT, DKS To Close on Thanksgiving Day This Year
Recently, I told you how I thought many people would forego in-person holiday shopping this year, instead making their purchases online. Last week, several large retailers including Target (TGT), Walmart (WMT), and Dick’s Sporting Goods (DKS) announced they would not open on Thanksgiving Day this year, for the first time in many years. The announcement […]
INSG Stock Price Moves on Increased Demand for 5G and Internet of Things Devices
Inseego Corp. (INSG) has become of one of the most explosive 5G stocks on the market. Over the last week, INSG ran from a low of $10.53 to $13.80. All thanks to a report on Seeking Alpha that predicted “blow-out” second quarter earnings when the company releases earnings this week. Not only did the author […]
UBS Launches 4 Leveraged ETFs After 12 Collapse in April
In March and April, the pandemic-triggered stock market crash hit the high-yield investment sectors, especially hard. Exchange-traded funds and notes (ETFs, ETNs) lost up to 90% of their value in a very short time. UBS to Redeem Two Leveraged Mortgage ETNs After 95% Plunge “Leveraged” is the word to note. Before the COVID crisis, there […]
SWK Stock Price Reacts to Report Showing Earnings Down, and a Cautious Outlook
Stanley Black & Decker (SWK) has reported lower earnings the company says are the result of the COVID-19 impact this quarter. SWK saw revenue decrease 16% year-over-year to $3.1 billion in the second quarter. The company was able to maintain operating margins, which, excluding charges, were 12.8%, basically flat from last year. Earnings per share […]
AAPL, AMZN Hitting All-Time Highs With Gold and GDX Following
We’re in the heart of earnings season, with some of the biggest companies in the world reporting this week. Yet, almost all the focus in the investment world is on gold and silver. After a long hiatus, it seems precious metals are back in the limelight. With the top Nasdaq-100 stocks like Apple (AAPL) and […]