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With millions of Americans depending on 401(k) and IRA assets for their retirement income, a market downturn can wipe out decades of investment in a single go. And while young workers at least have the time to rebuild their savings after a … Continue reading ->The post How to Retire into a Bear Market appeared first on SmartAsset Blog....
EKS Associates Senior Wealth Advisor Darren Zagarola joins The Final Round to highlight some of the most common mistakes people make in retirement planning and the importance of not being overly conservative in your investment portfolio....
While not a mind-blowing move, it is good to see that the Equitrans Midstream Corporation (NYSE:ETRN) share price has......
(Bloomberg) -- Those betting against high-flying vaccine developer Moderna Inc. have taken their lumps this year with the biotech’s 370% rally costing short sellers almost $1.5 billion, according to financial analytics firm S3 Partners.The Cambridge, Massachusetts-based biotech has boomed into a $36 billion behemoth amid excitement for its vaccine to treat the novel coronavirus. Still, even with the stock’s parabolic move this week, it’s primed for a squeeze with short investor losses potentially outweighing overbought price conviction, S3 Partners managing director Ihor Dusaniwsky said in a note.Moderna surged 6.9% to a record on Wednesday after early results from its Covid-19 vaccine candidate drew Wall Street praise. With the company set to start a final-stage study of the vaccine this month, excitement for the company and nerves for short sellers could push the stock even higher.“There is $2.4 billion of buy-to-cover dry powder in this stock, once shorts begin to cover in...
Bank of America (NYSE:BAC) reported second quarter earnings in mid-July that largely failed to impress. While the bank beat on the top and bottom lines, revenues fell 3% year-over-year, the efficiency ratio rose 3 points, pre-provision profits fell 9%, net interest income dropped 11% and net profits plunged more than 50% as the bank built its reserves in anticipation of economic volatility over the next few months.Source: Michael Vi / Shutterstock.com BAC stock fell about 2% after the print.Although Bank of America's second quarter earnings were not good, Bank of America stock is a buy on this dip, mostly because when it comes to the big bank, the future is a lot brighter than the past.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHere's a deeper look. Weak Bank of America EarningsBank of America had a weak second quarter.Sure, the bank beat Wall Street's top and bottom line estimates. But...
Chinese premium electric vehicle maker NIO (NYSE:NIO) has taken off like a rocket ship in 2020, with NIO stock surging nearly 600% from a low of ~$2.40 in March, to a high of ~$16.40 in July. Because I was bullish on NIO stock down at the lows, many investors have asked me: what's the next electric vehicle stock ready to fly higher? The answer may be AYRO (NASDAQ:AYRO) stock.Source: buffaloboy / Shutterstock.com Texas-based AYRO is a nascent, freshly public, $90 million specialized EV maker with not much to show from a financial perspective. But the company finds itself at the epicenter of one of the EV market's most explosive verticals, with a compelling product portfolio, a unique and expansive distribution network and a clear opportunity to turn into a multi-billion-dollar EV giant within the next few years.Of course, this micro-cap stock is risky. But I think AYRO stock is worth the...
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]...
