Investing

I knew the day was coming, even if an effective vaccine would be announced shortly (which it was), my most “normal” activity, playing tennis, was, again, going to succumb to Covid-19 protocols. The virus has been surging in my state, with daily cases up over tenfold compared to where they were in June.  Finally, the decree

Zoom CEO Eric Yuan speaks before the Nasdaq opening bell ceremony in New York on April 18, 2019. Kena Betancur | Getty Images Shares of Zoom Video fell sharply on Monday morning as names benefitting from people staying at home due to the coronavirus pandemic lost their appeal following the release of positive coronavirus vaccine

A pedestrian holding an umbrella walks past a Charles Schwab office in New York. Scott Eells | Bloomberg | Getty Images Stocks are surging on Monday but some customers of online brokers Charles Schwab, TD Ameritrade, Vanguard and others could be missing out on the record market highs. E-brokers are experiencing technical issues with their

Is it time for a reconsideration of this monster rally?  With the S&P 500 up 9% in six trading sessions to an all-time intraday high (though not a closing high), many are looking at parts of the market as overbought. Others agree, but say it doesn’t matter in this strange mix of election and vaccine

CNBC’s Jim Cramer on Monday gave advice on how to approach the stock market after news of progress on a coronavirus vaccine sent the recovery stocks rallying and the stay-at-home stocks retreating. “I think you have to be prepared for a multiday sell-off in the Covid names,” the “Mad Money” host said. “These stocks have

Josh Brown Adam Jeffery | CNBC Josh Brown‘s latest book on investment strategy is due out later this month, featuring 25 different financial experts who share their approach to markets. While the investors featured in the book own different assets, Brown said Monday on CNBC that there is a unifying thread connecting them. “Nobody has

Stanley Druckenmiller Anjali Sundaram Billionaire investor Stanley Druckenmiller advised investors against being short the stock market as positive news on the coronavirus front has jolted a big rotation out of growth and into value names. “It’s nuanced, but there are a lot of companies that will be direct beneficiaries [from a coronavirus vaccine], and they

Stock’s are surging on Monday on news of a 90% effective Covid-19 vaccine and CNBC’s Jim Cramer said investors should be excited about what the scientific breakthrough means for everyday life and the stock market. “If you think about where we were last week, where we felt that there was very little chance to be able to stop this

2011 Gain: $32.87 (60%) 2011 Closing price: $87.61 Last year, investors turned away from HMO stocks such as this, fearing the impact of a new health care overhaul rule involving medical-loss ratios. However, Humana showed it was able to manage the new regulation and in October delivered better-than-expected profits and a better-than-expected forecast for 2012.

Warren Buffett Gerard Miller | CNBC As the coronavirus pandemic weighs on its operating earnings and stock price, Berkshire Hathaway ramped up its stock repurchasing program even more in the third quarter, nearly doubling the record buyback from the second quarter. Warren Buffett’s conglomerate bought back $9 billion of its own stock, it was revealed

President Donald J. Trump dances at the end of the rally just before he leaves. Ben Hasty | MediaNews Group | Getty Images SINGAPORE — Asia investors should focus on the strong data coming out of the region instead of the outcome of the U.S. election, said Aberdeen Standard Investments’ Head of Asian Sovereign Debt

Americans appear to want divided government, and that could spell good news for growth stocks, CNBC’s Jim Cramer said Wednesday. “Finally, we can stop fretting about politics and start focusing on business and your money again, because a divided Congress and a blue White House … is nirvana for growth stocks,” the “Mad Money” host

Billionaire investor Leon Cooperman told CNBC on Friday that he was concerned about the long-term outlook for the stock market because “too much debt is being created.” “I think the overwhelming reality is the Fed is just creating this environment of free money. You have to kind of make a judgement whether that’s justified, how

CNBC’s Jim Cramer said Thursday that investors are cheering the prospect of Democrat Joe Biden becoming president because Biden would provide more stability than President Donald Trump. Stocks were surging Thursday, building on Wednesday’s post-election rally despite the absence of a winner in the presidential race. At present, Biden holds an advantage in the Electoral

“Fearless Girl”, a bronze sculpture by Kristen Visbalthe, is seen with a voting sticker in front of the New York Stock Exchange in the Wall Street Financial District of Manhattan on November 4, 2020 in New York. Kena Betancur | AFP | Getty Images Big-money investors are growing more excited about the stock market as

What’s next for markets? With the election over, some old themes will be re-emerging, regardless of who will be president.  The rally is due to better earnings visibility On one issue, all traders agree: the market rally is largely due to the unlikelihood of higher corporate and individual taxes next year. “The Senate numbers from the

Jamie Dimon, CEO, JP Morgan Chase, speaking at the Business Roundtable CEO Innovation Summit, December 6, 2018. Janhvi Bhojwani | CNBC JPMorgan Chase CEO Jamie Dimon told employees that they must have faith in the U.S. election process and patience to await a final determination. “While strong opinions and tremendous passion characterized this U.S. election,

Guggenheim Partner’s Scott Minerd told CNBC that Wednesday’s rally on Wall Street makes sense, despite the uncertain outcome in the presidential race between President Donald Trump and Democrat Joe Biden. “I was always of the opinion, regardless of the outcome, short of getting anarchy in the street, that this would be good for stocks,” the

The global governmental response to the coronavirus pandemic has been rife with shortcomings that have prolonged the acute phase of the health crisis, “Black Swan” author Nassim Taleb told CNBC on Monday. “I think this is a case study of government worldwide incompetence in dealing with a problem and denial,” said Taleb, whose best-selling 2007

How is Wall Street positioned for the election? Even Wall Street isn’t sure.  For most of October, “buy the stimulus trade” was the main idea on Wall Street. After all, polls showed odds were good for a Biden victory that would likely entail some kind of large-scale stimulus.  Investors were buying small-cap stocks, infrastructure plays, and