Investors may want to avoid playing favorites. Art Hogan of National Securities said Monday that owning equal amounts of growth and cyclical stocks will produce major advantages as stocks break out. “Nothing is going to be binary this year,” the firm’s chief market strategist told CNBC’s “Trading Nation.” “Having a balance between those two and
Month: April 2021
Tom Lee said Monday he expects the stock market’s strong start to April to continue throughout the month as part of what he’s previously dubbed a “face-ripper rally.” The co-founder of Fundstrat Global Advisors made his case in an interview on CNBC’s “Fast Money,” following the S&P 500‘s 1.4% gain Monday to notch a record close
In this article IRSA3-AR Getty Images This year’s tax season has brought with it a new opportunity to collect any unpaid funds from previous rounds of federal stimulus checks. But the amount you claim could be adjusted by the IRS, the agency said on Monday. A new feature called a recovery rebate credit enables people
If you invested in a syndicated conservation easement that had Nancy Zak of Forever Forests as one of the consultants, you should be hearing from her soon. And you won’t like what she tells you. Ms. Zak is one of the defendants in a major Department of Justice (DOJ) injunction push against syndicated conservation easements. And she
The Beverly House, a grand Beverly Hills mansion once owned by newspaper tycoon William Randolph Hearst and actress Marion Davies, is back on the market for about $90 million. A titan of industry. A Hollywood starlet. A scandalous affair. An iconic movie. Many Los Angeles homes come with colorful backstories, but few tell a tale
According to a recent survey of U.S. households by Schroders, only 27% of respondents who were still working reported ‘very good’ and ‘fully on track’ when asked how they feel about their retirement planning. Even more alarming, only 18% of workers between age 60 – 67 say the same. But how can you tell if
In this article MRNA PFE Edith Arangoitia, 46, (who came as a companion to her elderly mother) is vaccinated with the Pfizer-BioNTech Covid-19 vaccine by Doctor Galen Harnden at La Colaborativa in Chelsea, Massachusetts on February 16, 2021. Joseph Prezioso | AFP | Getty Images White House chief medical advisor Dr. Anthony Fauci said Monday
People walk outside the AMC Empire 25 movie theater in Times Square as the city continues the re-opening efforts following restrictions imposed to slow the spread of coronavirus on December 23, 2020 in New York City. Noam Galai | Getty Images Check out the companies making headlines in midday trading. Tesla – The electric vehicle
An RS1 rocket booster undergoes acceptance testing. ABL Space Rocket builder ABL Space signed a long-term agreement for multiple launches with Lockheed Martin, agreeing to provide the defense giant with as many as 58 rockets through the end of the decade. Lockheed Martin will buy up to 26 of ABL’s RS1 rockets through 2025, with
Jim McGuire | Getty Images When faced with a quiz on Social Security claiming rules, many people who are on the brink of retirement fail. MassMutual recently gave a 12-question true/false quiz to 1,500 people ages 55 to 65 who have not yet claimed their benefits. Just 3% of the respondents were able to answer
Now that a high-level U.N. panel has called for a complete overhaul of the global financial system — including a new U.N. tax convention, a U.N. tax body, and a global minimum tax — what will happen next? In April and June, the U.N. will conduct two highly anticipated events: a 2021 financing for development forum and a U.N. General Assembly special anti-corruption session. It
Every technology has multiple phases of innovation. 3D printing technology has been evolving at a very quick pace – champions have been using it recently to print everything from airplane engines to custom shoes. Now, Mighty Buildings is using 3D printing to build an entire community of homes in Palm Springs, CA. The community will
In this article AZN-GB A health worker holds a box of the AstraZeneneca vaccine at the Bamrasnaradura Infectious Diseases Institute in Nonthaburi province on the outskirts of Bangkok. Chaiwat Subprasom | SOPA Images | LightRocket via Getty Images The coronavirus shot developed by AstraZeneca and the University of Oxford will be Thailand’s “principal vaccine” as
Some struggling Big Tech names may make a comeback this month. BTIG’s Julian Emanuel is targeting a corner of the market that isn’t directly correlated to economically sensitive trades as the second quarter begins. “The plays that have benefited the last several months — the reopening plays value, small caps — may in fact take
This segment of What’s Ahead walks us through a cute maneuver the Treasury Department is attempting that could cost taxpayers billions of dollars without congressional approval. It’s arcane, but the money consequences are real. It involves something called Special Drawing Rights, SDRs for short. They were created back in the 1960s, when there were fears
South Asia is facing a wake up call as it trails the world in its efforts to address the gender gap, one expert told CNBC. The World Economic Forum predicts it could now take 195 years to reach gender equality in the region — 59 years more than the global average. Businesses have a major
Traders on the floor of the New York Stock Exchange. Source: CNBC Stock futures climbed in overnight trading on Sunday as investors cheered a strong bounce in U.S. job growth last month amid accelerating vaccine rollout. Futures on the Dow Jones Industrial Average jumped 200 points. S&P 500 futures rose 0.4% and Nasdaq 100 futures
Topline Top earners in New York City—one of the biggest billionaire enclaves in the world—are reportedly on track to pay the highest combined local tax rate in the country as part of a new budget deal among state lawmakers that would raise corporate and income taxes by $4.3 billion annually, the Wall Street Journal reported
A rocky bump rising in the bay between San Francisco and Oakland, Yerba Buena Island is a dramatic and historic part of the City by the Bay. In 1868, an army camp was established here which, in 1875, led to the construction of an octagonal lighthouse that still stands. Over the years, it has been
Superficial observations and shallow thinking can lead to all sorts of faulty conclusions that could negatively impact the decisions we make in our lives. Take, for example, the question of if you should move to Mexico. Please take a look at the drawing to the right. What do you see? Do you see the young
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