Category: Banking

S&P 500 investors who sold in May and went away didn’t miss much. But that’s not to say giant gains couldn’t be had in the fifth month of the year. X A handful of S&P 500 stocks including information technology play NortonLifeLock (NLOK), consumer discretionary Ford Motor (F), materials company Nucor (NUE) and Baker Hughes… Continue reading These 5 Stocks Turned $10,000 Into $46,229 In 5 Months

Clean data is key to instant payments, real-time settlement, open banking initiatives and blockchain technology — but such details are often lost or garbled when sent between parties. To better preserve this data, the U.S. financial services industry is turning to the ISO 20022 messaging standard. Essentially, ISO 20022 allows banks and corporations to handle… Continue reading Why U.S. is getting on board with global standard for payments

Dow Jones futures were little changed late Thursday, along with S&P 500 futures and Nasdaq futures, after the major indexes rose Thursday while growth stocks continued to lag. Amid another rush of earnings from Cloudflare (NET), Roku stock and more, the Federal Reserve late Thursday that many asset prices are “elevated” and “vulnerable to significant… Continue reading After Hours: 7 Key Earnings Movers; Fed Warns On Asset Prices

It’s often said that earnings growth is the main driver of a stock’s price performance. That’s true, but top stocks also benefit from institutional buying. X When big investors such as mutual funds, banks and insurance companies start buying, big volume always gives them away. And big volume is the fuel for powerful upside moves.… Continue reading Use The Up/Down Volume Ratio To Find Top Stocks Under Accumulation

Home Depot stock and other building-related plays remain solid as the economy recovers from the Covid-19 pandemic. X One way to gain exposure to the hot industry — invest in a sector fund such as SPDR S&P Homebuilders ETF (XHB). The $2.1 billion fund offers exposure to the homebuilders segment of the S&P Total Market… Continue reading Home Depot Leads This Hot Index Near Buy Point After 146% Run

Stock futures climbed Friday, as the market aimed to wrap the final trading session of May on a positive note. Markets waited on key income, spending and inflation data, as well as details on President Joe Biden’s $6 trillion budget initiative. Ford Motor, eBay and Ulta Beauty were early leaders. IBD 50 stocks Alphabet and… Continue reading Dow Jones Today, Futures Rise Ahead Of Inflation Data, Biden Spending Plan; Google In Buy Range; Salesforce Rallies On Earnings

Tritium, a maker of charging stations for electric vehicles, said it planned to go public via a SPAC, with hopes of tapping rising demand for electric vehicles in the decades ahead. EV stocks were up on Wednesday. X The Australia-based company, founded in 2001, said it had a $1.2 billion valuation in connection with the… Continue reading EV Play Tritium Finds A SPAC After Last Month's Deal Freeze

Late Thursday, Veeva Systems (VEEV) reported adjusted income of 91 cents per share on $433.6 million in sales for its first quarter. In response, VEEV stock charged ahead. X On average, analysts polled by FactSet expected Veeva to earn 78 cents per share on $410.1 million in sales. In the year-earlier period, Veeva earnings were… Continue reading Veeva Stock Surges After Crushing Estimates, Outlook

Dow Jones futures rose slightly late Thursday, along with S&P 500 futures and Nasdaq futures, following a hide-and-seek stock market rally that offered several new buying opportunities, including GM stock, General Electric and FedEx (FDX). X Dow Jones giant Salesforce.com (CRM), 360 Digitech (QFIN) and Autodesk (ADSK) headline key earnings overnight. Hide And Seek Market Rally Much… Continue reading 'Hide-And-Seek' Market Rally Offers 7 New Stocks To Buy

The concept of compounding is a brilliant one — even when it comes to growth stocks. X You perform this when buying more shares in stocks that dish up fat dividends. Or when you reinvest capital gains in a mutual fund or high-yield exchange traded fund with new shares. So, how do you compound your… Continue reading How To Buy Growth Stocks: Why The 10-Week Moving Average Offers New Entry Points