MORGAN STANLEY: Stocks could fall another 9% as the new bull market faces a rising tide of risks - and these 2 cyclical sectors are the best long-term trades to take advantage of
Markets are poised to face increased volatility with one week left before the US presidential election. While Joe Biden, the Democratic nominee, has enjoyed a healthy lead in polls, some analysts fear that a closer race could lead to a contested election and market chaos. Not all economic data published Tuesday pointed to fresh weakness. US durable-goods orders grew 1.9% in September, the Census Bureau said in a preliminary report. Economists surveyed by Bloomberg had expected orders to climb by just 0.5%. The reading joins other reports suggesting the economic recovery is stable and may not require more stimulus to continue.
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Bitcoin is like 'digital gold' and won't be used the same as a traditional currency in at least 5 years, billionaire investor Mike Novogratz says | Currency News | Financial and Business News | Markets Insidernicoleperlroth No, BTC is not 'digital gold'. There are massive, marked differences between the two: you forget to tell us about assets support of this 'digital gold'
Source: BusinessInsider - 🏆 729. / 51 Read more »
U.S. stock market braces for rocky week ahead of contentious U.S. electionWall Street faces a rocky run-up to Election Day, with mounting worries about the outcome in Washington adding to nerves about the coronavirus pandemic and fading chances of stimulus. A fall is inevitable. People must be shitting themselves Biden’s Socialism will wreck the already fragile US economy. A rocky stock market you say? Man, I've got no idea what that feels like...
Source: Reuters - 🏆 2. / 97 Read more »
U.S. agency needs new powers to protect local news industry: senatorThe U.S. Federal Trade Commission needs new powers to protect the struggling U.S. local news industry from unfair competition from large technology companies, a senior U.S. lawmaker said. The Senator lost me at “needs new powers” New Media REGULATOR? IN A REPUBLICAN PARTY? I always thought Americans were so super crazy that surely a Hitler would be shot or blown up long before the vote. Little did I know, the crazy leaned Hitler (white Supremacy) FakeNews
Source: Reuters - 🏆 2. / 97 Read more »
Fake news spread on WhatsApp to Indian Americans plays stealth role in U.S. electionNew Jersey tech entrepreneur Arun Bantval is U.S. presidential candidate Joe Biden's top fake-news watchdog on messaging service WhatsApp about the Democrat and his Indian American running mate Kamala Harris. thank you very much for your work We must use the pudding (between your ears, duh!) & fact check by ourselves. Reputation will be even more important in the future. Before, if a candidate misspoke, the mistake would be forgotten. Now decades old news lives forever in social media. Speak less, but speak the truth.
Source: Reuters - 🏆 2. / 97 Read more »
U.S. Senate set for final vote to confirm Barrett to the U.S. Supreme CourtSenate Republicans voted to advance Supreme Court nominee judge Amy Coney Barrett toward final confirmation. Sen. Lisa Murkowski, R-Alaska, reversed course and will now vote for Barrett despite disliking the rush toward confirmation. GarrettHaake God she is so dangerous as she does not support women in the least. GarrettHaake Packing The Court First 100 days in...besides whatever he promised. GarrettHaake She will always carry the stigma of going along with the corruption of the Supreme Court by the gop
Source: MSNBC - 🏆 469. / 51 Read more »
Muscle Maker Grill's stock rockets on heavy volume, with no news announcedShares of Muscle Maker Inc. undefined rocketed 41% on heavy volume in premarket trading Monday, enough to make the restaurant chain's stock the most actively traded ahead of the open. Trading volume was 8.3 million shares, compared with the full-day average of about 454,000 shares. There were no filings or news released from the company Monday, and the did not respond to a request for comment. The last news announced from the company was before Friday's, when it announced the acquisition of one of its previously franchise-owned locations in New York City; the stock has closed unchanged the past two sessions. The stock, which closed at a record low of $1.38 on Sept. 25, has lost 31.7% over the past three months through Friday, while the S&P 500 undefined has gained 7.8%. The stock went public on Feb. 13. There’s been plenty of PR around $GRIL for the past couple weeks
Source: MarketWatch - 🏆 3. / 97 Read more »