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Location American Market News for 24 November 2021
Income earned from NCDs attracts capital gains tax or income tax? It is advisable to invest a lump sum amount in dynamic asset allocation funds as they have the flexibility to alter asset allocation between equity and debt basis on their relative valuations and hence provide better ris...
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Gap Inc. on Tuesday slashed its full-year outlook due to supply chain complications that put a damper on its third-quarter sales and took a bite out of profits.
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Tesla's Self-Driving Business Is Powering Ahead Despite Setbacks Tesla stock is up by almost 60% year-to-date, with its market cap crossing the rarefied $1 trillion mark recently. The run-up is partly due to Tesla's solid execution, with deliveries for this year poised to grow by almo...
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Cardano's Ada Piles On Major Losses After eToro Discloses Plans To Delist Tokens Over U.S. Regulatory Concerns The popular cryptocurrency has plummeted nearly 49% from an all-time high set in September--but it's still up about 800% this year.
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The diversification benefit in global Reits

livemint.com - 24 Nov 2021 20:51
The diversification benefit in global Reits When you look at returns and inflationary periods, you'll see that Reits have outperformed general equities and bonds, says Rick Romano, MD, PGIM Real Estate
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Is it okay to continue with SIPs for 5 years?

livemint.com - 24 Nov 2021 20:49
Is it okay to continue with SIPs for 5 years? A flexi-cap fund can invest in large-, mid- and small-cap companies and switch between them
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JinkoSolar Stock Takes a Breather Before Earnings Solar module manufacturer JinkoSolar (JKS) is gearing up to report third-quarter earnings results before the open on Tuesday, Nov. 30.
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Are Wall Street Strategists Too Negative For 2022? In the 2020 year end survey of where the S&P 500 would close in 2021 most strategists were not nearly bullish enough. Some forecasts have already been recorded and their targets you may find surprising.
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Here Comes An Inflationary Storm Like None Before An inflationary tempest is about to hit an unprepared financial system and an unwary investor base
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It's Beginning to Look a Lot Like Christmas---and Like 2019

Wall Street Journal - 24 Nov 2021 18:36
Americans will spend more money this holiday season than they did last year. But what they spend their money on, and where they spend it, will be different.
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Relative Strength Alert For The Gap

Forbes - 24 Nov 2021 18:33
Relative Strength Alert For The Gap But making The Gap an even more interesting and timely stock to look at, is the fact that in trading on Wednesday, shares of GPS entered into oversold territory, changing hands as low as $18 per share.
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Americans Are Still Spending Ahead Of Holiday Season Despite Inflation Surge Americans spent more on goods last month, even as inflation rises at its fastest pace since 1990.
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How Much Should You Care About Where Big-Time Investors Put Their Dollars? Bigger investors can take on more risk and play a longer game than many retail investors. And, because their pockets run deep, losing their investment may hurt, but it won't necessarily bankrupt them.
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OPEC Weighs Shift in Oil Policy After Crude Release

Wall Street Journal - 24 Nov 2021 16:49
Saudi Arabia and Russia are considering pausing efforts to provide the world with more crude, after Washington and other countries said they would release a slug of stored oil in an effort to lower prices.
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3 Stocks Likely To Drop Huge Dividend Hikes In December We've just hit the best time of the year to roll out one of our most potent dividend "hacks."
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Gap said it was struggling with supply-chain issues; HP gave an upbeat forecast.
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Should You Buy Home Depot Stock At $409?

Forbes - 24 Nov 2021 15:30
Should You Buy Home Depot Stock At $409? Home Depot (NYSE: HD) recently reported its Q3 report, wherein revenues were inline and earnings were above our estimates. The company reported revenues of $36.8 billion, 6% above the consensus estimate of $34.7 billion....
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What's Next For L'Oreal Stock After A 6% Rise Last Month? L'Oreal stock (OTCMKTS: LRLCY) is up almost 6% in just one month (21 trading days), outperforming the S&P 500 which was up just a little over 3%. If you look at the change over the last five and ten days, the stock has r...
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The action catapults the hedge-fund firm into the ranks of the biggest foreign managers of private funds in the world's second-largest economy.
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After A Rare 12% Drop Last Month, Is Ericsson Stock Set To Bounce? Ericsson stock is down 12% in just one month (21 trading days), completely underperforming the S&P 500 which was up just a little over 3%. If you look at the change over the last five and ten days, too, the stock has ret...
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Workiva's Stock Fell 7% In The Last Month, What Next? Workiva's stock (NYSE: WK) declined by 7.2% in the last twenty-one trading days. In comparison, the broader S&P500 index rose by 3.2% over the same period. The stock has fallen recently after reaching a 52-week high earl...
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Model-Portfolio Assets Hit Record Highs

Wall Street Journal - 24 Nov 2021 14:00
BlackRock added inflation protection and "fallen angel" bond investments to model portfolios last month, unleashing big fund flows.
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