Monday, April 29, 2024
During the week of March 15th to 20th, the high-yield sectors in the stock market crashed to unbelievably low stock price levels. The financial media gave their usual reasons for the share price drops including their “go-to” being that investors were afraid and selling their shares across the high-yield universe. They were wrong: the financial […]
Investors are on the hunt for bargain stocks with Congress reaching a deal on a $2 trillion stimulus package to fight the economic damage done by COVID-19. For instance, on the day the stimulus package seemed likely to pass, the S&P 500 index shot up over 9%. That same day, gold futures soared, up nearly […]
Coronavirus fear became palpable. Panicked investors sent major indices down thousands of points, reducing former high-flying stocks to penny stock status. All thanks to an invisible virus that’s making its way around the world. But what we have to remember is that the virus will pass – and that markets will bounce back. Granted, we […]
Now is the time to lock in a future that includes once in a generation opportunity for future financial security. The goal is to lock in income investments – using high-yield dividend stocks – that will pay up to 20% yields for life. A waterfall of events led to a crash in the values of […]
With most asset classes getting pummeled this past week, investors are seeking the relative safety of the US dollar. One method to get bullish exposure to the dollar is through Invesco DB US Dollar Index Bullish ETF (UUP). UUP is a fund that is long the dollar versus a basket of other major currencies. Typically, […]
For the major indices to stop falling, investors need to see a solution to the crippling spread, and progress from Congress. The Federal Reserve has tried to help. Just this morning, the Federal Reserve announced limitless asset purchases to keep the markets functioning. The central bank will run in the “amounts needed to support smooth […]
The outbreak of coronavirus in the U.S. has led to the shutdown of a large portion of the U.S. economy. For income-focused investors, the big question is whether dividend-paying companies will sustain or cut dividends. For industries that are shut down due to government restrictions, a big question is how much federal money they receive […]
It’s not hyperbole to say that this is as crazy as the financial markets ever get. There may have been more shocking news items in 2008 (Lehman going bankrupt), but the huge daily swings we have seen in stocks and other asset classes are unprecedented. A market that has frequent, huge swings in prices is […]
Wall Street Lays an Even Bigger Egg Last week was one of the most dramatic weeks in Wall Street history. Twice the New York Stock Exchange had to halt trading because the S&P 500 reached its intra-day down limit. For the first time since the Great Depression, the Dow had back-to-back days where it moved […]
With coronavirus cases increasing, governments are advising “social distancing” to halt the spread. In short, “you can lower your risk of infection by reducing your rate of contact with other people. Avoiding public spaces and unnecessary social gatherings, especially events with large numbers of people or crowds, will lower the chance that you will be […]
