Kirt

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    • KirtKirt
      ·2021-12-29
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      S&P 500 Ends Lower after Four-Day Rally to Record High

      Dec 28 - The S&P 500closed slightly lower after hitting a record intraday high on Tuesday, as a four-day rally lost steam in thin trading and investors weighed Omicron-driven travel disruptions and store closures.The Centers for Disease Control and Prevention on Monday shortened the recommended isolation time for Americans with asymptomatic cases of COVID-19 to five days from the previous guidance of 10 days.The update follows approvals for new pills and more vaccines to fight COVID-19. It hel
      S&P 500 Ends Lower after Four-Day Rally to Record High
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    • KirtKirt
      ·2021-12-28
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      S&P 500 closes at record high on retail sales cheer

      Dec 27 - The S&P 500 indexended at a record high on Monday, its fourth straight session of gains, as strong U.S. retail sales underscored economic strength and eased worries from Omicron-driven flight cancellations that hit travel stocks.U.S. retail sales increased 8.5% year-over-year this holiday season, powered by an ecommerce boom, according to a Mastercard Inc report, giving the S&P 500 retailing indexa boost.Travel-related stocks, typically sensitive to coronavirus news, declined after U.S
      S&P 500 closes at record high on retail sales cheer
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    • KirtKirt
      ·2021-12-27
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      Santa Claus Rally watch: What to know this week

      As traders return from the holiday-shortened week, the price action heading into the new year will be closely monitored — especially given the relatively light economic data and earnings calendar for the coming days.The S&P 500 is entering the period known for ushering in the so-called Santa Claus Rally, or seasonally strong timeframe for stocks at the end of each year.According to data from LPL Financial, the Santa Claus Rally period encapsulates the seven days most likely to be higher in any
      Santa Claus Rally watch: What to know this week
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    • KirtKirt
      ·2021-12-26
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      Can This Top Blue Chip Stock Handle Soaring Inflation?

      We are in strange times right now, so how companies navigate the current environment is vital to their success.
      Can This Top Blue Chip Stock Handle Soaring Inflation?
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    • KirtKirt
      ·2021-12-25
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      What are MKM Partners 'Black Swan' Internet predictions for 2022?

      As the year comes to a close, Wall Street analysts are practically falling over themselves with almost daily serious predictions aboutwhat to expect from the tech sector in 2022.So, it should come as no surprise that, like many analysts, MKM Partners managing director Rohit Kulkarni came out with a list of 10 things that could shape the Internet industry next year. However, instead of diving into matters such as revenue growth rates and price-to-earnings ratios, Kulkarni released a slate of "Bla
      What are MKM Partners 'Black Swan' Internet predictions for 2022?
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    • KirtKirt
      ·2021-12-24
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      S&P 500 hits record close as Omicron fears ebb

      * Major indexes climb for 3rd straight session * Merck's at-home COVID-19 pill gets U.S. approval *
      S&P 500 hits record close as Omicron fears ebb
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    • KirtKirt
      ·2021-12-23
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      Wall St mints strong gains on rosy economic data, encouraging Omicron update

      * Tesla jumps as CEO Musk says he has sold 'enough' stock. * Pfizer rises as oral COVID-19 pill wins approval. Dec 22 - Wall Street's main indexes powered higher on Wednesday in a broad rally after upbeat economic data and hopeful developments about the severity of the Omicron coronavirus variant that is sweeping the world.The S&P 500 gained at least 1% for a second straight session, putting it near record levels, as volatility has ratcheted up in the last month of 2021 following the arrival of
      Wall St mints strong gains on rosy economic data, encouraging Omicron update
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    • KirtKirt
      ·2021-12-22
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      Wall Street closes up strongly with boost from Nike, Micron, following Omicron slide

      Dec 21 - Wall Street's main indexes ended sharply higher on Tuesday, with strength in travel and tech shares as well as in Nike and Micron Technology following their earnings, as stocks rebounded from a coronavirus-fueled rout the session before.The rapidly spreading Omicron variant of the coronavirus has rattled stock markets around the world, triggering volatility in the final month of 2021, which has otherwise been a strong year for equities.Gains in massive technology and tech-related stock
      Wall Street closes up strongly with boost from Nike, Micron, following Omicron slide
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    • KirtKirt
      ·2021-12-21
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      Wall Street skids on Omicron worry, obstacle to Biden social-spending package

      * Financials, materials lead declines among sectors * S&P 500 falls below 50-day moving average * Or
      Wall Street skids on Omicron worry, obstacle to Biden social-spending package
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    • KirtKirt
      ·2021-12-20
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      Nike, Micron, BlackBerry, CarMax, and Other Stocks for Investors to Watch This Week

      Stock and bond markets around the world will be closed Friday in observance of Christmas. Before the holiday break,Nike and Micron Technology report on Monday,BlackBerry and General Mills on Tuesday, and CarMax,Cintas,and Paychex on Wednesday.It will be a busy week of economic data releases. On Monday, the Conference Board publishes its Leading Economic Index for November, followed by its Consumer Confidence Index for December on Wednesday.On Thursday, the Bureau of Economic Analysis reports per
      Nike, Micron, BlackBerry, CarMax, and Other Stocks for Investors to Watch This Week
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