Month: August 2020

Take a look at some of the biggest movers in the premarket: Honeywell (HON), Amgen (AMGN), Salesforce.com (CRM) – Honeywell, Amgen and Salesforce become members of the Dow Jones Industrial Average as of today, replacing Pfizer (PFE), Exxon Mobil (XOM) and Raytheon Technologies (RTX). Apple (AAPL) – Apple begins trading on a post-split basis today,
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DraftKings CEO and Co-Founder Jason Robins speaks during the unveiling of DraftKings headquarters March 26, 2019 in Boston, Massachusetts. Darren McCollester | Getty Images Stocks are once again at record high levels — with the S&P 500 now up over 21% on a one-year basis. That’s following Fed Chair Jerome Powell’s more-relaxed inflation targeting strategy,
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valentinrussanov | E+ | Getty Images  If the economic havoc from the coronavirus persists, distressed homeowners could find themselves facing a terrifying prospect next year: Foreclosure. The CARES Act, the pandemic relief act that became a law this spring, sought to keep millions of Americans in their homes. In particular, it gave borrowers with federally
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Experts asked many questions about the Federal Reserve’s new framework, which averages inflation and will not change monetary policy based on expected inflation, especially why they haven’t been able to hit the benchmark consistently since its January 2012 introduction. “Since the Fed established 2% as its inflation target in January 2012, inflation has been nearly
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As you can see in the following chart, the Invesco DB Energy ETF (DBE) has continued trading higher on the back of strength in the energy commodities. It is my belief that this trend of recovery in DBE is going to continue. I believe that DBE is supported from both an instrument methodology perspective as
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Take a look at some of the biggest movers in the premarket: Coca-Cola (KO) – The beverage giant announced a reorganization which will see the current 17-unit business structure changed to nine business units. The realignment will result in an undetermined number of both involuntary and voluntary job cuts, with Coca-Cola planning to offer voluntary
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Source: Goodfone Instrument The Teucrium Wheat Fund (WEAT) provides investors unleveraged direct exposure to wheat without the need for a futures account. Therefore, the decision to invest in this fund should be made after analyzing the wheat market. Seasonality The current wheat futures price is above its five-year high. Given that the seasonality now suggests
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CNBC’s Jim Cramer on Thursday praised the Federal Reserve and its chairman, Jerome Powell, for updating their approach to monetary policy to help the U.S. economy recover from the coronavirus pandemic.  “Powell is on the side of the bulls,” Cramer said on “Squawk on the Street.”  The Fed earlier Thursday said it would be willing to
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Take a look at some of the biggest movers in the premarket: Tiffany (TIF) – The luxury goods retailer reported a mixed quarter, with revenue below forecasts, but earnings beating analysts’ estimates. Tiffany’s results were helped by an improvement in sales in China, and the company said global sales trends are continuing to improve during
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