The Marriner S. Eccles Federal Reserve building in Washington. Stefani Reynolds/Bloomberg via Getty Images The Federal Reserve’s new forecasts on interest rates and inflation don’t amount to much for investors and consumers, especially in the short term, according to financial advisors on CNBC’s FA Council. The Fed on Wednesday sped up its timeframe for raising
Stocks v. Options Similarities: -Both are trade-able securities. -Both have bid and ask prices and a bid-ask spread -Listed on the same exchanges Differences: -Options have expiration dates, stocks do not -There is no set number of options -With stocks, you own a piece of the company and you have voting rights -With options, you
The Zacks Earnings ESP (Expected Surprise Prediction) Filter lets you search for stocks with the highest probability of positively surprising (or negatively surprising, if that’s what you’re looking for). This proprietary metric has proven to predict earnings surprises with a 70% accuracy. And when the ESP is used with Zacks Rank #1 Strong Buys, #2
In this video, we give examples of how a downtrend shows lower highs and lower lows and how an uptrend shows higher highs and higher lows. We also introduce trendlines and demonstrate how to draw trendlines to identify both downtrends and uptrends. Test and practice your investment strategies in real market conditions with virtual money.
Municipal bond yields rose on the short end Friday as munis again played catch up to the moves in short U.S. Treasuries and investors became more aggressive in bid lists for high-grade paper. The UST note, 0.785% on Tuesday, touched 0.96% in the afternoon and was at 0.89% near the close Friday, leading to the
Illinois spread penalties narrowed this month to levels in line with its ratings for the first time in years as the state reaps the benefits of swelling tax revenues, federal cash and a market looking for scarce yield. The state’s 10-year spread currently stands at 63 basis points higher than Refinitiv Municipal Market Data’s AAA
Ebrahim Raisi, a conservative cleric, was set for a landslide victory in Iran’s presidential election that would give regime hardliners complete control over all branches of the state for the first time in almost a decade. Raisi’s two main rivals conceded on Saturday and congratulated the 60-year-old who many Iranians believe is the favoured candidate
The ghost of stock market crash is back again to haunt Bitcoin (BTC). It happened last in March 2020. Back then, the prospect of the fast-spreading coronavirus pandemic led to lockdowns across developed and emerging economies. In turn, global stocks crashed in tandem, and Bitcoin lost half of its value in just two days. Meanwhile,
Starship prototype SN8 flies above Boca Chica, Texas. SpaceX The leader of the Federal Aviation Administration’s space office defended Elon Musk’s SpaceX in front of Congress, despite the company launching a Starship prototype in December without authorization. The House Transportation and Infrastructure Committee held a hearing Wednesday on the FAA’s role in spaceflight, with the
In this article JPM LEN TK NVDA C FOXA A sign is posted in front of the NVIDIA headquarters on May 10, 2018 in Santa Clara, California. Justin Sullivan/Getty Images Check out the companies making headlines in midday trading. Nvidia — Shares of Nvidia gained 2.3% after Bank of America raised its price target on
Ether (ETH) faces its largest options expiry ever on June 25 as nearly $1.5 billion out of $3.3 billion notional open interest (OI) in ETH options will expire. June’s expiry has over 638,000 ETH options contracts in its purview, accounting for 45% of the total open interest in these options. Although it’s the largest options
Legacy At Vail Square in Lionshead Village is much more than a premier luxury condominium development on prime Vail real estate. The late Bob Lazier, one of Vail Valley’s pioneer developers and a much-loved community and business leader, began the project in 2006. Lazier was a prolific developer. His Vail projects included The Cornice, Wedel
In this article RDFN INVH Invitation Homes CEO Dallas Tanner told CNBC on Friday the U.S. housing market remains “healthy,” downplaying concerns that the sharp rise in prices during the Covid pandemic is creating bubble-like conditions. In an interview on “Squawk on the Street,” Tanner said the supply-and-demand dynamics that have contributed to the feverish
In today’s episode, I’m going to share with you the pros and cons of penny stocks. Penny stocks are hugely attractive, and they are great for certain types of traders. But they’re horrible for other types of traders. In this episode, we’ll cover the advantages and disadvantages of penny stocks, so that way you can
Kevin Matras shows how to position for an expected breakout of a trading range, even if you don?t know the direction.
In this video David draws our attention to some of the most frequent mistakes that traders make. From fighting the trend and opening positions with unreasonably large sums to having stop losses too close, David discusses all these scenarios and shows how they unfold on real charts. While not following the trend and placing stop
Parties have filed nearly 30 objections to the Puerto Rico Oversight Board’s proposed Disclosure Statement for its central government debt Plan of Adjustment, with a key complaint coming from the Puerto Rico government, which said it will not authorize new bonds if pensions are cut. The parties had until 5 p.m. on Tuesday to file
Connecticut Gov. Ned Lamont said he would sign legislation authorizing adult-use cannabis after lawmakers approved it. “The states surrounding us already, or soon will, have legal adult-use markets,” Lamont said Thursday after the Senate approved the measure by a 16-11 vote, with nine senators abstaining. “We’re not only effectively modernizing our laws and addressing inequities,
The EU has lost a legal attempt to force AstraZeneca to speed up delivery of doses of its Covid-19 vaccines or face large fines, in the latest twist in a bitter battle over delivery shortfalls. A court in Brussels ruled on Friday that the company must deliver only a fraction of what the European Commission
Leading Chinese banks have introduced digital yuan withdrawals at more than 3,000 ATM locations in Beijing. Residents of the capital city will now be able to exchange their e-CNY funds for cash and vice versa. Some of the teller machines are located in a popular shopping area. Banks Launch Support for Digital Yuan at ATMs