Browse Tag stocks

Stocks Stage Furious Rebound After WHO Comments

After spending most of the day deep in negative territory, the Dow finished only marginally lower. The blue-chip index furiously pared its sharp losses after the World Health Organization (WHO) assuaged coronavirus fears by avoiding a declaration of a global health emergency. The S&P 500 and Nasdaq both fought their way into the black for […]

Read more

Supreme Court Refuses to Hear Obamacare Case, Health Insurer Stocks Breathe Sigh of Relief

Today, the Supreme Court refused to hear an Obamacare case. When federal district court judge Reed O’Connor held that Obamacare was unconstitutional in December 2018, health insurance stocks crashed hard. Molina Healthcare (NYSE: MOH) dropped 8.9%. Tenet Healthcare (NYSE: THC) lost 6.8%; Cigna (NYSE: CI) fell 3.3%. Last month, a federal court of appeals partially reversed the district court’s opinion, sending […]

Read more

Finally, Some Good News for Marijuana Stocks

In just one year, marijuana stocks went from being a cash machine for investors to a vacuum looking to suck their investment capital dry. Following an incredible first quarter, which saw more than a dozen pot stocks gain at least 70% in value, cannabis stock investors would endure a steep nine-month downtrend the remainder of […]

Read more

Forget Lyft, Buy These 2 Stocks Instead

When it comes to Lyft (NASDAQ:), I’m on the fence. While I like the idea that Uber (NYSE:UBER) has a major competitor in North America to keep prices low, it’s terrible if you want to make money off Lyft stock. Source: Roman Tiraspolsky / Shutterstock.com In December, I stated that Lyft’s is best achieved by […]

Read more

3 Top Energy Stocks to Buy in January

Heightened tensions in the Middle East may be easing…or not. Oil prices may be heading downward in response…or not. You should react accordingly…or not.  The stock market hates uncertainty, and right now, there’s a lot of it in the oil patch. Even before the current Middle East tensions ratcheted up, concerns about global oil oversupply […]

Read more

The Top 5 Dow Jones Stocks to Buy for 2020

The world’s most widely watched stock market index — the Dow Jones Industrial Average — closed the 2010s with a bang, rising more than 20% in 2019 to mark its third-best annual return of the decade. Leading the way was Apple (NASDAQ:), which was the Dow’s best performer by a mile in 2019, rising nearly […]

Read more