Category: All News

How Hyliion’s Under-30 CEO Aims To Compete With Tesla And Nikola In The Electric-Powered Big Rig Revolution When Thomas Healy was selected for the Forbes 30 Under 30 list in 2017, his startup, Hyliion, was still in the early stages of developing an innovation he called the “e-axle”—that’s an electrified axle, powered by lithium-ion batteries, […]

For GenTrust, baseball is just the beginning GenTrust’s three founding principals are expanding their reach in the quest for $5bn. GenTrust, a $3bn Miami-based RIA whose clients include some of the biggest names in Major League Baseball, is trying to shake off its reputation as just a sports shop. Founded in 2011 by two former […]

S&P 500 Extends Weekly Gain on Virus Treatment: Markets Wrap Tech shares underperform broader market, defying recent trends WTI crude oil climbs past $40 a barrel; Treasuries erase gains U.S. stocks gained as signs that the world could be closer to an effective treatment for Covid-19 blunted concerns that a rising number of cases will […]

Dow up nearly 300 points as stocks head for weekly gains U.S. stocks were trading higher Friday, with support attributed in part to optimism over a coronavirus treatment as investors attempt to gauge the threat to the economic outlook from a rise in COVID-19 cases. Read more here: https://www.marketwatch.com/story/dow-futures-under-pressure-to-end-the-week-as-investors-take-stock-of-coronavirus-recovery-11594380748

No V, U or W, it’s a stair step recovery as coronavirus still a major risk While it is clear the economy is improving, although the reopening is not going as well as thought, the recovery is likely to be a stair step one rather than V-, U- or W-shaped, analysts say. “Whether it is […]

Laffer Tengler’s Nancy Tengler and Morgan Stanley Investment Management’s Michael Kushma on Thursday’s market action CNBC’s Kelly Evans discusses markets with Nancy Tengler of Laffer Tengler Investments and Michael Kushma of Morgan Stanley Investment Management. View here on CNBC Pro: https://www.cnbc.com/video/2020/07/09/laffer-tenglers-nancy-tengler-and-morgan-stanley-investment-managements-michael-kushma-on-thursdays-market-action.html

Amazon breaches $3,000 to hit fresh record — and experts say the bull run will continue into the post-pandemic economy | Markets Insider Amazon stock gained as much as 4.8% on Monday and breached $3,000 per share for the first time ever. The e-commerce giant has largely benefited from the sudden shift to stay-at-home activity […]

With consumers hitting the road, this stock could be the best summer travel pick Americans are putting the pedal to the metal this summer, and auto retail stocks are taking off. CarMax, Autonation, AutoZone and O’Reilly have surged at least 40% over the past three months, while car rental company Avis has rocketed 130% over […]

Amazon could climb another 20% ahead of earnings, chart analyst says as stock hits new highs Amazon seems unstoppable. The stock climbed to a fresh all-time high of $2,955.56 in Thursday’s trading session, adding to an impressive 57% gain for the year. Shares were up 1.5% in Monday’s post-holiday premarket from Thursday’s close of $2,890.30. […]

Trading Nation: Auto stocks rise as consumers hit road, how to play move – Craig Johnson, Piper Sandler, and Nancy Tengler, Laffer Tengler Investments, discuss their auto sector picks with Kelly Evans.

Amazon hits fresh record highs—Traders share outlook for the stock – Nancy Tengler of Laffer Tengler Investments and Craig Johnson of Piper Sandler talk about Amazon’s meteoric rise and what’s next for consumer discretionary stocks with CNBC’s Seema Mody.

Investors are waking up to a possible Biden victory in U.S. presidential election NEW YORK (Reuters) – Investors are increasingly preparing for market volatility ahead of the U.S. presidential election, with some shifting stock positions and selling the dollar, as Democratic contender Joe Biden maintains a lead against President Donald Trump in opinion polls. Read […]

Stocks Close at Session Highs, Micron Reports Q3 Earnings – Stocks closed at session highs Monday, as markets jumped on strong housing data and positive news out of Boeing. Additionally, the Dow and S&P are on track for their best quarter since 1998. Nancy Tengler, Chief Investment Officer at Laffer Tengler Investments, breaks down why we saw gains despite the number of coronavirus cases continuing to surge across the country. Tengler also explained the takeaways people should have following Micron’s earnings report, which beat estimates on both the top and bottom lines.

One stock well above its 200-day moving average has more room to run, traders agree The 200-day dread is creeping in. With stocks dropping Friday as coronavirus cases rise in some reopened states, the stocks most above their 200-day moving averages are looking increasingly at risk of mean reversion. Read more here: https://www.cnbc.com/2020/06/29/chipotle-well-above-200-day-moving-average-has-room-to-run-traders.html

Two bank stocks could still be a buy after Fed exposes problem areas Banks’ dividends could be at risk. Banking stocks tumbled Friday after the Federal Reserve highlighted potential vulnerabilities in the sector. The central bank suspended buybacks and capped dividends on financial institutions through the third quarter after its recent stress tests. Banks are […]

Financial ETFs Gain Amid Bank Stress Test Results The results of the Federal Reserve’s annual stress tests done last week on some of the largest banks in the U.S. came in on Monday and the financial sector rallied amid the news, with some financial ETFs climbing nearly 4%. Investors were concerned prior to the announcements […]

Now is the time to set up a savings and investment plan I confess: I live with a chronic case of avoidance behavior. It flares up around tax filing time, doctor’s appointments, viewing my 401(k) statement in a bear market or taking the garbage out. In short, whenever I have to confront an unpleasant activity […]

Covid-19 Is a Puzzle That Wall Street Can’t Solve A pandemic ended a U.S. bull market and pushed the financial system to the brink of collapse. Then stocks rallied, only to stall again. Investors are still piecing together what happened. The first half of 2020 was the most dizzying selloff-turned-comeback many investors have witnessed in […]

The Tech I.P.O. Comes Roaring Back in the Pandemic Now that the stock market has largely shrugged off the coronavirus, start-ups are scrambling to go public. As the coronavirus spread in March, Vroom, a start-up that sells used vehicles online, shelved its plans to go public and rushed to shore up its operations. But with […]

EquityZen Recognized by World Economic Forum as Tech Pioneer, Alongside Other Fintechs EquityZen, a secondary marketplace for private securities, has received a nice recognition from the World Economic Forum (WEF), according to a note from the firm. The WEF has selected EquityZen as a company in the list of the 100 of the most promising […]