Featured Article

DOW Plunges Amid WInter COVID-19 Surge Fears

Posted by Tom Kool

on Wednesday, 28 October 2020 8:47

The Dow Jones Industrial Average traded as much as 800 points lower today before paring a small portion of those losses after the U.S. hit a record number of daily coronavirus cases over the weekend.

On the worst day since the “Black Monday” market crash in 1987, in mid-March, DOW dropped nearly 3,000 points, when President Donald Trump said the worst of the outbreak could last until August.

August is now long gone, and the U.S. has reported more than 83,000 daily new infections in the past two days, surpassing the July record of 77,300 new daily cases. Nearly half of the states have reported their daily record high of COVID-19 cases in the month of October alone.

On the national level, hospitalizations have also been rising with more than 41,753 people admitted as of Sunday, compared to 36,428 the Sunday before.

Today is the biggest one-day tumble since early September when the Dow plunged 800 points.

Compared to the Dow’s previous close at 28,533.57 on Friday, it closed today 650 points down, at 27,685.38. CLICK for complete article 

Alibaba Is About To Make History Again

Posted by Alex Kimani

on Monday, 26 October 2020 10:30

Alibaba bulls can now bet on one of its most famous subsidiaries at just 5 cents to the dollar in one of China’s biggest IPOs ever.

Over the past two years, president Trump’s administration has added dozens of Chinese companies to the dreaded Entity List, which essentially bars these companies from doing business in U.S. territory. The latest victims are video app TikTok and messaging app WeChat, though U.S. courts have been able to forestall an imminent ban of both apps.

Interestingly, Trump has not been any more successful at putting the clamps on a much bigger adversary: Alibaba Inc.

Alibaba already made history after becoming  the second-largest ever IPO to be consummated on U.S. soil, rivalled only by Saudi Aramco’s 2019 IPO. BABA still stands out for one reason: Although Aramco’s IPO raised a record $29.4 billion that valued the company at a staggering $1.7 trillion, only 5% of the company is public whereas Alibaba is a fully public company.

But now, Alibaba is about to one-up Amazon, again. Indeed, BABA’s financial technology spinoff, Ant Group, the online payment provider for Alibaba Group, could even outdo Alibaba’s own $25B IPO as it seeks a record $35 billion when it goes public in the Hong Kong and Shanghai stock markets….CLICK for complete article

LGBTQ ETF Could List In Q1, Perhaps Sooner

Posted by Todd Schriber

on Tuesday, 20 October 2020 7:52

Financial data company LGBTQ Loyalty Holdings, Inc. plans to launch an exchange traded fund linked to the LGBTQ+ ESG100 Index in the first quarter of 2021, and perhaps sooner depending upon on market conditions.

What Happened: The Florida-based company planned to launch its ETF, which will trade under the ticker “LGBT” on the Nasdaq, earlier this year, but the coronavirus pandemic threw a wrench in those plans.

“Due to the unprecedented volatility of the financial markets caused by COVID-19 and the extreme market concerns this pandemic has created in the retail investing world since February of this year, our Board of Directors believe it is in the best interest of our shareholders and advocates to support the decision to launch in the first quarter of 2021 or sooner if market conditions change,” according to the firm.

“The company is in the process of finalizing all necessary steps to rebalance and reconstitute the index under the current methodology.” CLICK for complete articled

How to Pick Winning Stocks – The 6 Things You Must Understand

Posted by MoneyTalks Editor

on Friday, 16 October 2020 13:21

Live Webinar Immediately Following The Show – 10:15am Saturday October 17th

If you understand 6 simple concepts, you can analyze any stock or market in seconds. More importantly, you can narrow in on the trading opportunities that have the best potential to outperform the overall market. In this webinar, Stockscores.com founder Tyler Bollhorn will teach you the 6 concepts and show how they work in real market conditions. He will then use the tools of Stockscores.com to search for trading opportunities that you can take advantage of now.

CLICK HERE to Register

Trump And Biden: How The Stocks Divvy Up

Posted by Josh Owens

on Thursday, 1 October 2020 10:45

Stocks are just as polarized as people these days. After all, the market is mostly run on sentiment, so it only stands to reason.

Whether you’re a Trump supporter or a Biden supporter, a die-hard Republican or no-questions-asked Democrat (because there’s no in-between anymore), stock picks tend to align with political “ideals”.

And for those who are true market players, the game is on to identify those stocks that could end up being big winners or losers coming out of the November 3rd presidential elections, assuming the market emerges unscathed as a whole.

Below are our Top 10 picks based on a Trump or Biden victory in November:

The Trumpite’s Stock Portfolio

In the event of a Trump victory (a real one, not a “refuse-to-step-down version), the stocks that could end up gaining nicely are likely to be found in the energy and financial sectors from a de-regulatory point of view, as well as among those companies who have already raked in coin from the Trump administration’s corporate tax breaks…CLICK for complete article