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Apple Set For Fresh Record High on Wedbush Price Target Boost, MacPro Order Optimism

Published: July 13, 20205 min read0 comments
Apple Inc. (AAPL) - Get Report shares jumped higher in pre-market trading Monday, setting up another all-time opening high for the world's biggest tech company, following a price target boost from analysts at Wedbush...
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The Tech Stock Rally Is Getting Scary. Why There’s No Way to Escape It.

Published: July 12, 20203 min read4 comments
Like an Escher drawing hanging in a student’s dorm room, the stock market has begun to look rational and irrational simultaneously. Nowhere is that more obvious than in the Nasdaq Composite...
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America, we have a problem

Published: July 11, 202015 min read1393 comments
America, we have a problem. A problem? Which one: COVID-19? Washington? Well, to me there’s really just one issue that supersedes the rest. Simply put: Money isn’t distributed equally enough in America anymore...
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What is Fed's 'army of Robinhood traders' buying next? Is it gold?

Published: July 10, 20205 min read3 comments
Of all the forces of the market today, none are still as strong as actions taken by the Federal Reserve, whose purchasing activity could be likened to that of a day trader’s, said Ryan Giannotto, director of research at GraniteShares. "I would even go as far to say as Powell is 99% of explaining returns in this market," he said...
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The Stock Market Is Setting New Records. Here’s How to Prepare for a Plunge.

Published: July 10, 202015 min read1 comment
With market volatility picking up lately, it might seem like a good idea to hedge your portfolio against another downturn. Stock valuations are high, according to many measures, and the market may be overly optimistic about an economic recovery and a rebound in corporate profits next year—especially if the recent wave of coronavirus cases continues to rise....
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Carnival provides business update, reiterating bookings demand and cash burn outlook

Published: July 10, 20203 min read1 comment
Shares of Carnival Corp. CCL, 8.71% slumped 1% in morning trading Friday, after the cruise operator provided a business update, reiterating that it continues to see demand from new bookings next year. Cumulative advance bookings for 2021 capacity as of June 21 remained within historical ranges, although at prices that were down in the low to mid-single digit percentage ranges...
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Google to Restrict Advertising of Tracking Technology, Spyware

Published: July 10, 20203 min read8 comments
Alphabet Inc.’s Google is changing its policies next month to restrict advertising for spyware and other unauthorized tracking technology.The change “will prohibit the promotion of products or services that are marketed or targeted with the express purpose of tracking or monitoring....
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Tech Stocks Are Doing Great. Pain Is Everywhere Else

Published: July 9, 202010 min read0 comment
Scratch the surface of the latest stock rally, and investors remain steadfast in their conviction that real life isn’t returning anytime soon. The best companies over the past month are, once again, those that win from people continuing to shop online and work remotely...
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Fed balance sheet below $7 trillion, repo drops to zero for first time since September

Published: July 9, 20203 min read0 comments
The U.S. Federal Reserve’s holdings of bonds and other assets shrank for a fourth straight week, sliding below $7 trillion, and use of one key emergency liquidity measure dropped to zero in the latest sign that financial stresses that erupted early in the coronavirus pandemic have eased...
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