Stock will skyrocket

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

Share to Twitter Share to Linkedin Topline The retail sector has been hard-hit by a selloff in recent weeks amid warnings from major companies that surging inflation has impacted profits, and despite a rebound on Wednesday, experts predict further challenges ahead as consumer spending becomes increasingly hard to predict. Key Facts Retail and consumer stocks rebounded thanks to reports that Kohl’s is preparing to receive competing takeover offers from several bidders, according to Reuters; meanwhile, investors are finding a glimmer of hope in Nordstrom’s strong first-quarter revenue and news that it raised its full-year sales outlook. Despite the retail sector getting “decimated” throughout earnings season, both positive headlines helped “spur buying for the first time in weeks,” says Vital Knowledge founder Adam Crisafulli, who points to the trading activity around Dick’s Sporting Goods—shares of which fell roughly 10% before turning positive … [Read more...] about Retail Stocks Rebound But ‘Feast-Or-Famine Environment’ May Persist Amid Shift In Consumer Spending, Experts Warn

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Reported Consolidated quarterly numbers for DB (International) Stock Brokers are: Net Sales at Rs 8.68 crore in March 2022 up 31.44% from Rs. 6.61 crore in March 2021. Quarterly Net Profit at Rs. 3.09 crore in March 2022 up 3874.94% from Rs. 0.08 crore in March 2021. EBITDA stands at Rs. 3.66 crore in March 2022 up 792.68% from Rs. 0.41 crore in March 2021. DB (Int) Stock EPS has increased to Rs. 0.88 in March 2022 from Rs. 0.02 in March 2021. Close DB (Int) Stock shares closed at 22.80 on May 25, 2022 (NSE) and has given 34.91% returns over the last 6 months and 140.00% over the last 12 months. DB (International) Stock Brokers Consolidated Quarterly Results in Rs. Cr. Mar'22 Dec'21 Mar'21 Net Sales/Income from … [Read more...] about DB (Int) Stock Consolidated March 2022 Net Sales at Rs 8.68 crore, up 31.44% Y-o-Y

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

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 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

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

Share to Twitter Share to Linkedin Topline The stock market rebounded for a second day in a row on Thursday, on track to snap a seven-week losing streak, as recession fears cooled amid a slew of strong quarterly earnings reports that boosted investor sentiment. Key Facts Stocks moved higher as investors continued to assess the minutes from the Federal Reserve’s latest policy meeting: The Dow Jones Industrial Average rose 1.6%, over 500 points, while the S&P 500 gained 2% and the Nasdaq Composite 2.7%. Despite seven straight weeks of losses pushing the S&P 500 briefly into bear market territory last Friday, stocks are on track to post a strong rebound this week: The Dow and S&P 500 are up over 4% and the Nasdaq more than 3%. “Last week’s doom and gloom about the all-important U.S. consumer may have been overdone, along with the dire recession headlines,” says Quincy Krosby, chief equity strategist for LPL Financial, about the … [Read more...] about Dow Jumps 500 Points, Market Rebounds As Strong Earnings Alleviate ‘Dire Recession Headlines’

Share to Twitter Share to Linkedin With inflation on the loose, we’ve turned to experts for four strategies to help you beat rising prices, at least in your portfolio. As it turns out, you don’t need to abandon stocks to hedge against inflation entirely. Instead, you can just shift some funds from the sectors you hold now over to the ones that are likely to benefit from an inflationary environment. 1. Stocks in Companies Providing Basic Supplies One area to shelter your portfolio from inflation is in companies providing basic supplies. They’re always in demand, which makes it possible for suppliers to raise prices in step with inflation. “Inflation is at near-term historic highs and investors are looking for the best ways to protect from it,” notes Sankar Sharma, Investing Authority and the Founder of RiskRewardReturn.com . “Where there is a problem there is a solution. Investors can invest in the consumer staples, energy, utilities, … [Read more...] about 4 Expert Inflation Protection Strategies To Implement Now