Planet fitness stock price

Share to Twitter Share to Linkedin I remain a big fan of cash right now. I know, I know. I’m not supposed to say this in a stock -focused column like this. “But Brett,” I can hear the rebuttal. “We’ve been smartly selling the rips . My cash is burning a hole in my pocket.” “And I’m here for the income. Shouldn’t I buy something ?” Not yet. We contrarians shouldn’t be in a hurry to time the bottom of the market. There will be free and fast money on the other side of this bearish storm. Every correction eventually ends. For now, we buy lightly. And enjoy our comfortable seat. This is what I call the “no beta” portfolio. It’s a pile of cash that we deploy when we “back up the truck” at major market bottoms. In the spring of 2020 , we went on a dividend shopping spree. We bought stocks like energy toll bridge ONE ONE ONEO NEO OK (OKE) for a song—and we’re now sitting on 148% gains. Later that year, we identified … [Read more...] about The Best Dividend Stocks, Bull Or Bear

- A + A NEW YORK/WILMINGTON, Delaware (May 26): Billionaire Elon Musk was sued by Twitter Inc investors claiming he manipulated the company's stock price downward, as the chief executive of electric carmaker Tesla Inc mounts a US$44 billion takeover bid for the social media platform. The investors said Musk saved himself US$156 million by failing to disclose that he had purchased more than 5% of Twitter by March 14. They asked to be certified as a class and to be awarded an unspecified amount of punitive and compensatory damages. They also named Twitter as a defendant, arguing the company had an obligation to investigate Musk's conduct, though they are not seeking damages from the firm. The investors said Musk continued to buy stock after that, and ultimately disclosed in early April that he owned 9.2% of the company, according to the lawsuit, filed on Wednesday in San Francisco federal court. "By delaying his disclosure of his stake in Twitter, Musk engaged in … [Read more...] about Musk sued by Twitter investors for stock ‘manipulation’ during takeover bid

(CNN) President Joe Biden on Tuesday blamed the Covid-19 pandemic and Russia's war in Ukraine for troubling economic news as he and his administration went on the defensive over mounting inflation and rising gas prices. The President's speech at the White House was advertised by his advisers as being focused on his plan to fight inflation . While Biden did speak about inflation, he spent a significant amount of time attacking Republicans for a plan put out by the head of the Senate GOP's campaign arm rather than laying out any new proposals to combat the worst inflation the country has seen in 40 years. Biden said combating inflation is his top domestic priority and acknowledged "families all across America are hurting." "They're frustrated. I don't blame them. I really don't blame them. There's a lot we have to do," Biden said. When asked by CNN's Jeremy Diamond if his administration bears some responsibility for the rising prices, the … [Read more...] about Biden goes on the defensive over inflation and gas prices as he tries to shift the focus to Republicans

Merck & Co., Inc. ( MRK ) reported better-then-expected earnings on April 30, and the stock responded with an upside move. This rebound was helped by a "golden cross" on its daily chart, while the weekly chart is neutral. Merck is a component of the Dow Jones Industrial Average and was a member of the " Dogs of the Dow " in 2018. The company did not qualify in 2019, as it has a P/E ratio of 17.45 with a dividend yield of 2.79%, according to Macrotrends. To qualify as a member of the dog pound, the dividend must be above 3.00%. Merck stock closed Wednesday, May 1, at $78.72, up 3.00% year to date and up by a bull market 39.9% from its low of $56.26 posted on May 9, 2018. The stock is 6.1% below its high of $83.85 set on April 1, 2019. The daily chart for Merck The daily chart for Merck shows that a "golden cross" has been in play since June 12, when the 50-day simple moving average rose above the 200-day simple moving average, indicating that higher prices lie … [Read more...] about Merck Stock Bounces Back Thanks to a ‘Golden Cross’

- A + A KUALA LUMPUR (May 26): There is no need for panic buying since the supply of raw chicken is still available and can be easily obtained in the open market, even though stock is limited. A nationwide Bernama survey revealed that the limited chicken stock was due to higher demand, resulting in traders having to cease operations much earlier than normal. It has also resulted in an increase in price as demand is higher than supply. In KUALA LUMPUR, the sale of raw chicken was lower than normally sold at Pasar Muhibbah Taman Nirwana in Ampang and Datuk Keramat Wet Market. Traders admitted that they had to raise the ceiling price due to the limited stock. Chicken seller Hakim Abdul Rashid, 40 said the government's move to stop chicken exports beginning June 1 was fair to stabilise the supply and price of raw chicken at domestic level. Meanwhile, in SELANGOR, a trader at Pasar Moden Seksyen 16, Sazali Ramli, 43, said customers now need to place their orders one … [Read more...] about Supply of raw chicken adequate, rising price due to higher demand

Pfizer Inc. ( PFE ) reported better-then-expected earnings on April 30, and shares of the pharmaceutical giant responded with an upside move. However, the stock is under a " death cross " on its daily chart and still trades under a negative weekly chart. Pfizer is a component of the Dow Jones Industrial Average and is one of the eight members of the " Dogs of the Dow " for 2019. The company has a P/E ratio of 13.19 with a dividend yield of 3.55%, according to Macrotrends. Pfizer shares closed Wednesday, May 1, at $40.77, down 14.1% year to date and up 18.6% from the low of $34.37 posted on May 4, 2018. The stock is in correction territory at 12.3% below its Dec. 4 high of $46.47. The daily chart for Pfizer The daily chart for Pfizer shows that a "death cross" was confirmed on April 22, when the 50-day simple moving average fell below the 200-day simple moving average, indicating that lower prices lie ahead. Under this warning, the strategy is to sell strength to … [Read more...] about Pfizer Stock Rebounds Under Cloud of Negative Charts

Hindalco Industries Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Hindalco Industries Limited (Hindalco), on May 26, reported a 100 percent rise in its consolidated net profit of Rs 3,851 crore for the fourth quarter ended March 2022 as against Rs 1,928 crore recorded a year ago. On a sequential basis, the profit increased 4.8 percent from Rs 3,675 crore earned during the October–December period. Consolidated revenue for one of the largest metals company in India rose 37.7 percent on-year to Rs 55,764 crore as compared to a revenue of Rs 40,507 crore registered in the year-ago quarter. On a sequential basis, the revenue rose 11 percent from the net revenue of Rs 50,272 crore recorded in the previous quarter. For the full-year period from April to March 2022, the consolidated net profit grew more than three-fold or 294.2 … [Read more...] about Hindalco Q4 Results | Consolidated profit doubles to Rs 3,851 crore, revenue rises 38% on soaring commodity prices

NEW YORK, May 26 (Xinhua) -- U.S. equities climbed on Thursday, buoyed by solid gains in consumer and tech stocks. The Dow Jones Industrial Average jumped 516.91 points, or 1.61 percent, to 32,637.19. The S&P 500 increased 79.11 points, or 1.99 percent, to 4,057.84. The Nasdaq Composite Index rose 305.91 points, or 2.68 percent, to 11,740.65. Ten of the 11 primary S&P 500 sectors ended in green, with consumer discretionary and technology up 4.78 percent and 2.45 percent, respectively, outpacing the rest. Real estate slipped 0.1 percent, the lone declining group. Thursday's rally put Wall Street on track to snap a long streak of negative weeks triggered by concerns of surging inflation and central bank tightening. Investors continued to digest the Federal Reserve's message on interest rate path. The Fed's May meeting minutes released on Wednesday signaled further rate hikes in an effort to battle the hottest price pressures in 40 years. "Most participants judged that … [Read more...] about U.S. stocks rally as consumer, tech sectors rebound

Major Moves Stocks were mixed today as investors prepared for the busiest week of first quarter earnings season . By the end of the week, more than 45% of the S&P 500 will have reported their earnings and we will have a good idea for the trend of corporate performance. Risks were somewhat compounded today following news that President Trump will make another move to curtail oil exports from Iran. Currently, some oil importers like China, South Korea and Turkey have a "waiver" from the U.S. that they will not face negative consequences for doing business with Iran. President Trump plans not to renew these waivers that expire on May 2. The administration has assumed that Iran's market share can be consolidated by Saudi Arabia and other Organization of Petroleum Exporting Countries (OPEC) nations who will increase production. Clearly, the U.S. cannot dictate production levels to OPEC, but it is reasonable to assume that if Iranian exports are reduced, Saudi Arabia will want … [Read more...] about Junk Bonds Keep Dropping as Oil Spikes

InterGlobe Aviation Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × InterGlobe Aviation share price rose 10 percent in early trade on May 26, a day after company announced its March quarter (Q4FY22) earnings. InterGlobe Aviation , the operator of India’s largest airline IndiGo, on May 25 reported a consolidated net loss of Rs 1,681.80 crore for the quarter ended March 2022 (Q4FY22), due to a surge in aircraft fuel expenses. The company had posted a net loss of Rs 1141.98 crore in the corresponding quarter of the previous fiscal. Revenue of the company jumped 29 percent from a year ago to Rs 8,020.75 crore versus Rs 6,222.95 crore logged in the same quarter last year. Its passenger ticket revenues came in at Rs 6,884.70 crore, up 38.4 percent, while ancillary revenues stood at Rs 1,058.30 crore, up 18.8 percent over the … [Read more...] about IndiGo Q4 net loss widens: Should you buy sell or hold InterGlobe Aviation?