InvestingChannel

Senator Elizabeth Warren sent a letter to the Securities and Exchange Commission asking for an investigation into "potential incidents of insider trading" prior to Eastman Kodak's July 28 announcement of the Trump administration's $765M loan to support the production of generic drug ingredients..

Gold prices could soon hit $2,000 as the pandemic increased fears of further economic downfall, as U.S. China tensions increase, and as the dollar weakens on the Federal Reserve’s move to boost liquidity measures. Just days ago, the Federal Open Market Committee left its benchmark...

Just when you think we can’t go any higher, you get names like $BA back on the momentum scan. We can use today’s low as a stop, a place to manage risk:
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$SDGE, another name on Monday’s momentum scan, has my attention after pulling back from $100. Same rules apply here, stop under today’s low:...

Apple Inc. is officially the world’s most valuable company.

The iPhone maker saw its market value overtake that of oil company Saudi Aramco at the close of trading last Friday following better-than-expected earnings. Apple’s share price jumped 10% last Friday, ending the day with a record...

From the Census Bureau reported that overall construction spending decreased in June:Construction spending during June 2020 was estimated at a seasonally adjusted annual rate of $1,355.2 billion, 0.7 percent below the revised May estimate of $1,364.7 billion. The June figure is 0.1 percent...

Previously I wrote: Will State and Local Governments Hire 1 Million Teachers in June and July? No, but ...There will be some weird seasonal adjustments this year!Every year, state and local governments let about 2 million teachers go in late Spring, and then hire them back at the end of Summer...

We are, and have been, in a secular shift away from physical living towards online. I recently read a tweet that said COVID-19 has massively accelerated this trend. Earnings reports from the last couple of weeks have borne this out. Let’s take a look at four stocks to illustrate...

The following graph shows real GDP quarterly (blue, annualized), and the year-over-year (YoY) change in real GDP (red).The worst quarterly change in real GDP during the Great Recession was -8.4% annualized in Q4 2008.The worst YoY change in real change during the Great recession was -3.9% in Q2...

The biggest tech companies and market leaders — Facebook, Amazon and Apple — soared on Friday after reporting better-than-expected quarterly results. But the Dow Jones Industrial Average struggled to find the green.
The 30-stock average retreated 55.19 points to 26,258.46. as Caterpillar and...