The Dow Jones surged nearly 700 points on Monday on hopes of emergency stimulus from G7 central banks to combat the “coronavirus crash.” Despite Wall Street optimism, analysts are concerned about whether a rate cut from the Fed can truly help the economy. ISM manufacturing came in weak, and economists expect it to get even…
The analyst community touts upside for Peloton stock. Yet, 80% of Peloton’s float is sold short. IPO Lockup expires Mar. 24, which could lead to en-masse sell-off like the one we saw in Beyond Meat last October. In the meantime, a short-squeeze could happen when Peloton announces earnings Feb. 5. Post-IPO, shares of Peloton Interactive…
The 2020 Presidential Election is the greatest risk to financial markets, according to Eurasia Group. Uncertainty following the result, no matter what it is, could weigh on the U.S. stock market. The US could enter a period of instability and uncertainty similar to what the UK experienced after the Brexit vote. After a stunning end-of-year…
Stocks rose on Friday as Boeing (NYSE: BA) helped lift the Dow Jones. Donald Trump may finally get his wish for a weaker U.S. dollar, as Bloomberg’s report points to a strong euro in 2020. Most of Wall Street expects smooth sailing for the Dow as Trump continues to de-escalate the trade war amid strong…
The U.S. stock market is set to see a renewed rally as the U.S. and China reopen trade deal talks for October after what has been a relatively strong month for most U.S. stocks in key industries. According to CNBC, individuals close to the trade deal talks have said the new round of discussions will…
