Stocks

3 Stocks Worth Shorting as Coronavirus Fear Grips the World

3 Stocks Worth Shorting as Coronavirus Fear Grips the World

Coronavirus could soon be declared a pandemic, scientists have warned. Share price of companies with substantial exposure to China could fall. American Airlines, Las Vegas Sand, and Tesla are the three stocks that present an excellent shorting opportunity. The Chinese government has been resorting to some authoritarian techniques to curb the panic around coronavirus. After…

Oil Stocks Hit With a One-Two Punch of Coronavirus and Sustainability Goals

Oil Stocks Hit With a One-Two Punch of Coronavirus and Sustainability Goals

Oil stocks are in the tank after the coronavirus turned out to be worse than expected. China’s oil consumption is reportedly down 20%. Citi slashed its oil price outlook and is eyeing the $47 level. In early January, oil stocks were Wall Street’s darlings as tensions between the U.S. and the Middle East escalated, threatening…

U.S. Stocks Hold Solid Gains as Dovish Fed Keeps Rates Unchanged

U.S. Stocks Hold Solid Gains as Dovish Fed Keeps Rates Unchanged

The Federal Reserve voted on Wednesday to keep interest rates on hold. Stocks extended their rally post-FOMC but later declined as Chairman Jerome Powell expressed concerns over the caronavirus outbreak. Traders are skeptical about the Fed’s claim that rates will remain on hold this year. The Dow and broader U.S. stock market finished mixed on…

3 Stocks Warren Buffett Could Spend His $128 billion On in 2020

3 Stocks Warren Buffett Could Spend His $128 billion On in 2020

Warren Buffett needs to spend all or a large part of the $128 billion to beat a decade-long underperformance. The Berkshire Hathaway CEO blames expensive stock prices for not investing more. Buffett doesn’t need to go outside his comfort zone to get attractive equities or companies on the cheap though. Warren Buffett’s Berkshire Hathaway is…

The Bull Market in Stocks Has Made Americans Richer Than Ever; Here’s Proof

The Bull Market in Stocks Has Made Americans Richer Than Ever; Here’s Proof

America is richer than ever after a strong December close to a landmark year for the U.S. stock market. Fox Business contributor Charles Payne took critics to task for dismissing the record gains, pointing to strong employment amid record capitalization. The bull market in equities has priced out the once-feared possibility of recession and that’s…

3 Dow Stocks That Would Fortify Your Portfolio Against a 2020 Melt-Up

3 Dow Stocks That Would Fortify Your Portfolio Against a 2020 Melt-Up

The Dow closes 2019 with good prospects to set new records in 2020. Yet there are still threats looming ahead that could “melt up” equities. Here are three defensive Dow stocks that offer exposure to continued bullish Dow growth, while also fortifying your portfolio against downside risks. After broaching record highs this week, the Dow…

Amazon (AMZN) Stock’s Profit Crash Hurts, But It Paves the Way for Next Surge

Amazon (AMZN) Stock’s Profit Crash Hurts, But It Paves the Way for Next Surge

Despite third-quarter profits of Amazon.com, Inc (NASDAQ: AMZN) falling 26%, the online retail giant’s investment in faster shipping infrastructure is gearing up the stock for a future surge. To recap: The e-commerce giant’s net income fell from $2.9 billion to $2.1 billion year-over-year even as net sales rose 24% to $70 billion. This was primarily…