“ ‘It’s going to be brutal. There’s no way to sugarcoat it at all.’ ” That is outspoken billionaire and Dallas Mavericks owner Mark Cuban, who has been increasingly visible as the National Basketball Association has been temporarily suspended due to the deadly COVID-19 pandemic. On Wednesday morning, Cuban, speaking …
Read More »Michael Sincere’s Long-Term Trader: It’s safe to buy stocks when the S&P 500 is above this level, but now is not the time
I’ve been getting a flood of emails from acquaintances eager to buy digital currencies, calendar spreads (a complex options strategy), foreign currencies, penny stocks, and any company that claims to cure the virus. In a bear market environment, when investors are understandably nervous, get-rich-quick investments will be peddled on the …
Read More »Key Words: Bill Gates on Trump call for quick end to lockdown: It’s tough to tell people ‘keep going to restaurants, go buy new houses, ignore that pile of bodies over in the corner’
‘There really is no middle ground, and it’s very tough to say to people, “Hey, keep going to restaurants, go buy new houses, [and] ignore that pile of bodies over in the corner. We want you to keep spending because there’s maybe a politician who thinks GDP growth is all …
Read More »Things Are Changing So Quickly It’s Mind-Boggling and Breath-Taking
Woah. Holy cow everything got super serious in the last 48 hours in an attempt to combat Covid-19. Here’s what’s been happening in France: – On Thursday night, President Macron spoke and announced that ALL French schools would be closed starting on Monday. Pre-school through University, public and private. – …
Read More »‘It’s going to be daunting’: U.K. considers opposite approach to the U.S.’s by allowing more people to contract coronavirus
Herd immunity. In the absence of therapeutic treatments or a vaccine for the novel coronavirus, it suggests that there’s safety in numbers. Physicians say the truth is far more complex. Patrick Vallance, the U.K.’s chief scientific adviser, said “herd immunity” is an option the government is exploring in its effort …
Read More »Investors trust Trump’s two ‘magic words,’ and now it’s time to nibble on stocks
Investing and trading are about making money, and you should never let your political opinions get in the way. Irrespective of what you think of President Trump, Wall Street trusts him. How does this affect you? Let’s explore with the help of two charts. Please click here for an annotated …
Read More »MarketWatch First Take: AMD shows that it’s not resting on its laurels with ambitious road map
Advanced Micro Devices Inc. showed investors at its big yearly analyst meeting Thursday that it’s not resting on its laurels that made it the best performer in the S&P 500 last year, and presented a convincing case to continue to trust Chief Executive Lisa Su. AMD AMD, -3.99% , which …
Read More »The Ratings Game: Tesla’s stock bounces, but Morgan Stanley says it’s still a sell
Shares of Tesla Inc. shot higher Monday, putting them on track to snap a sharp 5-day selloff, but Morgan Stanley analyst Adam Jonas suggested it was still too early for investors to jump in. Jonas reiterated the underweight rating he’s had on the stock since he downgraded it on Jan. …
Read More »NewsWatch: Away from S&P 500 and other top indexes, markets are behaving as if it’s late in the cycle: Morgan Stanley strategist
MARKETWATCH FRONT PAGE You would have a hard time convincing someone looking at the major U.S. stock-market benchmarks that it is looking like the end of the cycle. Yet Andrew Sheets, chief cross-asset strategist at Morgan Stanley, says there are late-cycle indicators in current markets. See full story. Delta’s CEO …
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