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Market News

Location American Market News for 19 December 2022
China is making some significant concessions to Washington in the trade and financial policy arenas.
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RSI Alert: Ford Motor Now Oversold

Forbes - 19 Dec 2022 18:47
RSI Alert: Ford Motor Now Oversold But making Ford Motor an even more interesting and timely stock to look at, is the fact that in trading on Monday, shares of F entered into oversold territory, changing hands as low as $11.69 per share.
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Will Intellia Therapeutics Stock Rebound After A 31% Fall In A Month? Intellia Therapeutic's stock (NASDAQ: NTLA), a biotechnology company developing treatments using the CRISPR gene-editing system, has seen a fall of 31% in a month, while it's down 69% this year.
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Is Rio Tinto Stock Still Good Value Following The Recent Iron Ore Rally? The gains come as China eases some of its Covid-19 rules, potentially signaling a revival in demand for steel and steel-making inputs, given that the country is the world's largest consumer.
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Treasury Rally to Be Tested by Fed's Next Move

Wall Street Journal - 19 Dec 2022 12:30
Bond yields have fallen after a sharp run-up earlier in 2022, but some investors are skeptical that the good news will last.
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Whales Have Transferred Over 1 Billion XRP Tokens In The Last Week Large holders of the XRP token, the native asset of the Ripple platform, have been making substantial transfers of the cryptocurrency over the last seven days. At the same time, the digital token has lost over 15% of its...
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Binance.US to Buy Assets of Bankrupt Crypto Lender Voyager

Wall Street Journal - 19 Dec 2022 21:32
CEO Brian Shroder said the U.S. arm of the cryptocurrency exchange has hundreds of millions of dollars to deploy as it targets other acquisitions.
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Positive late-stage results for Madrigal's NASH treatment could rekindle the interest of larger pharmaceutical companies in this liver ailment.
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Starbucks Union: Why Are Workers Unionizing Now? What Do Unions Really Mean To Investors? Currently, 71% of Americans approve of unions compared to 48% in 2010. Simply put, American workers are joining unions at rates not seen in fifty years, with pro-union sentiment at an all-time high. Here's what's happeni...
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Are Oil Stocks A Buy Right Now?

Forbes - 19 Dec 2022 20:31
Are Oil Stocks A Buy Right Now? Oil is a volatile commodity. Unlike decades past, investing in oil company stocks will give you diversified exposure to the energy industry as a whole. Here's what investors need to know about buying oil and energy overa...
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Buy Now, Pay Later---and Discount Never

Wall Street Journal - 19 Dec 2022 20:17
Merchants that need to move product off shelves could be increasingly willing to pay up to give shoppers attractive financing instead of slashing prices.
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Why 'special situation' funds have nothing special for their investors Th portfolio of a scheme with this theme is akin to that offered by a diversified fund of the same AMC
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How and where to make investments for a recession proof bet? Global inflationary tensions were caused by geopolitical upheavals, commencing with the Russia-Ukraine war, which increased the cost of food and energy commodities.
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Tax Brackets 2022: Year-End Changes To Lower Your Liability Tax season lies just around the corner, which means it's time to seek those last-minute tax breaks.
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How can NRIs claim tax deduction in India?

livemint.com - 19 Dec 2022 18:59
How can NRIs claim tax deduction in India? For deductions under section 80C, the investments allowed to NRIs are: life insurance premium payment and children's tuition fee paid to any school, college, university or educational institution situated in India for fu...
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How to invest in a period of rising interest rates

livemint.com - 19 Dec 2022 18:55
How to invest in a period of rising interest rates The 'risk' assets have to earn more to be competitive. This changes the dynamics of investing across asset classes.
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Housing Market Recession: Home Builder Sentiment Tanked Every Month This Year--But There's Finally A 'Silver Lining' The housing market collapse may soon end, but one economist notes a "meaningful recovery is still a long way off" because prices have "much further room to fall."
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Strong U.S. Labor Market: Economic Armor - Or Achilles Heel? Jeff Schulze of ClearBridge Investments examines the current state of the U.S. labor market and what it foreshadows for the economy in 2023.
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Binance U.S. Wins Bid To Buy Bankrupt Voyager Digital's Assets In $1 Billion Deal For Crypto Tokens The deal comes after FTX.US sought to bail out Voyager Digital--only to itself plunge into bankruptcy.
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Santa, The Markets Could Use A Visit!

Forbes - 19 Dec 2022 16:01
Santa, The Markets Could Use A Visit! Major market indices were down across the board last week with the Nasdaq 100 fairing worst, down nearly 3%.
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Will FedEx Stock Rise Post Q2 Results?

Forbes - 19 Dec 2022 16:00
Will FedEx Stock Rise Post Q2 Results? The company has been able to grow its yield over the recent quarters, a trend expected to continue in the near term.
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23 Dividends That Could Double In 2023

Forbes - 19 Dec 2022 15:15
23 Dividends That Could Double In 2023 Where do we find the next TXN and double our money every few years?
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