Source: NYSE photo Art Cashin couldn’t lead the New York Stock Exchange in the singing of “Wait til the Sun Shines Nellie” this year, but he penned this poem for UBS and its clients, and is sharing it with us here. Happy New Year, Art. Look forward to seeing you on the floor in 2021. Subscribe
Month: December 2020
Traders work on the floor of the New York Stock Exchange. NYSE Stocks exit 2020 with strong gains and are riding a tailwind, but already in the dawn of the new year, the market could face its first big challenge. The final outcome of the 2020 election plays out Tuesday, when voters in Georgia will
Today you’re going to learn what a put option is, when do people use it and why you may want to purchase a put option. What is a put option? When you’re buying a put, it means you’re looking for the stock to go down, which means you have a slightly bearish outlook. If you’re
Tech investor Gene Munster told CNBC on Thursday he sees a reasonable path for Apple to reach a $3 trillion market capitalization in the future. The iPhone maker became the first publicly traded U.S. company to reach a $2 trillion market cap in August — a milestone Munster foresaw in January, when he made the
Everyone loves a good bargain, right? Well, when the market endured that painful selloff in March, it drove down stock valuations. At the time, though, volatility was so high and there were so many unknowns that it was hard to pile into names. So, are there still cheap stocks to buy now? The short answer?
With Wall Street seemingly souring on Palantir (NYSE:PLTR), the company lacking a solid competitive advantage, and the shares continuing to trade at a huge valuation, I remain bearish on Palantir stock. Source: rblfmr / Shutterstock.com In recent weeks, Morgan Stanley and Credit Suisse have dropped Palantir to the equivalent of “sell” ratings. Meanwhile, short-seller Citron
Yahoo Finance’s Ethan Wolff-Mann joins Kristin Myers to discuss the top mistakes investors have made this year and the investing lessons to take away from 2020. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates
Check out the companies making headlines before the bell: AstraZeneca – Britain became the first country to approve the drug maker’s Covid-19 vaccine, setting the stage for a rollout of millions of doses. The vaccine is not yet approved in the U.S., with the FDA still to review large-scale trials. The stock was up 2% at
Of all my stock-picking mistakes in 2020, not getting on the Nio (NYSE:NIO) bandwagon and recommending NIO stock sooner is one of my biggest regrets. Source: Robert Way / Shutterstock.com I waited until June to give the Chinese electric vehicle (EV) maker the thumbs up. In hindsight, once it got $1 billion in funding back
Florida-based car rental company Hertz (OTCMKTS:HTZGQ) has had the worst year possible. It was one of the first notable companies to file for bankruptcy after the novel coronavirus pandemic sent demand plummeting. Moreover, Hertz stock was also delisted from the New York Stock Exchange back in October. It’s now looking to mount a recovery in 2021 with its
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