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3 Ultra-Popular Stocks To Avoid Like The Plague In August
Article By:
StockNews
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Saturday, August 7, 2021 5:14 PM EDT
While the major stock market indexes indicate bullish sentiment, not all popular stocks are good bets. Although the hype led to the skyrocketing rally of some stocks, their weak fundamentals could trigger a brutal decline in their share prices.
6 Highlights Of Berkshire Hathaway’s 2021 Second Quarter Report
Article By:
David Kass
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Saturday, August 7, 2021 4:55 PM EDT
Here is a look at the highlights of Berkshire Hathaway’s 2021 second quarter earnings report.
Australian Dollar May Wobble On Global COVID-19 Cases, Fedspeak, Iron Ore Price Drop
Article By:
DailyFX
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Saturday, August 7, 2021 4:39 PM EDT
The Australian dollar managed to end the week with a gain against the US dollar, but AUD/USD relinquished most of its progress. The Reserve Bank of Australia surprised investors by sticking to its plan of tapering weekly asset purchases this year.
Mortgage Rates Hit Six Month Lows Due To Delta Uncertainty
Article By:
Tyler Durden
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Saturday, August 7, 2021 4:10 PM EDT
Mortgage rates continued to see a multi-month descent on Thursday, hitting their lowest levels in six months. Freddie Mac's report shows the 30-year fixed-rate mortgage averaged 2.77%. The rate topped in early April and nears the February low.
3 Top Energy Stocks To Buy Right Now
Article By:
StockNews
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Saturday, August 7, 2021 3:59 PM EDT
Though investors are worried about a decline in demand for oil and gas, oil prices rose to $71 a barrel on rising tensions. As the demand for oil and gas is expected to be sustained in the foreseeable future, it may be wise to bet on these stocks.
Gold Fundamental Forecast: XAU/USD Eyes CPI After NFP Plunge
Article By:
DailyFX
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Saturday, August 7, 2021 3:35 PM EDT
Gold prices fell sharply against a stronger US dollar on Friday. The July non-farm payrolls report crossed the wires at 943 thousand, beating the consensus estimate of 870 thousand. It was the most robust month of growth since August 2020.
Tiptree Stock's 103% Rally Is Just The Start
Article By:
Money Morning
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Saturday, August 7, 2021 3:19 PM EDT
Tiptree Inc. stock has surged 103% higher since late February. But there are plenty more gains where that came from.
In this article: TIPT
Berkshire Hathaway's Operating Earnings Jump 21%, Repurchases $6 Billion Of Its Stock
Article By:
Benzinga
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Saturday, August 7, 2021 2:44 PM EDT
Warren Buffett’s Berkshire Hathaway Inc has repurchased $6 billion of its own stock in the second quarter, bringing the total buybacks to more than $37 billion since the end of 2019. The company’s Q2 operating profit rose 21% to $6.69 billion.
Junior Gold Miners Setup A Double Bottom – Looking For A Rally Off These Unique Lows
Article By:
Chris Vermeulen
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Saturday, August 7, 2021 2:29 PM EDT
We live in interesting times as the Fed continues to try to push the markets into uncharted territory. I expect precious metals to attempt to find a bottom, and any breakdown in price may be a warning that markets are disconnecting with risk assets.
Weekly Fundamental US Dollar Forecast: Will Inflation Propel US Dollar After The Strong July NFP?
Article By:
DailyFX
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Saturday, August 7, 2021 2:00 PM EDT
The US dollar rallied after the July US nonfarm payrolls report on the back of elevated US Treasury yields and a jump in Fed rate hike odds. EUR/USD rates depreciated by -0.92% while USD/JPY rates added +0.47%. Even GBP/USD rates eased back -0.28%.
Week In Review: China Life Science Posts $1.3 Billion In Deals
Article By:
ChinaBio® Today
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Saturday, August 7, 2021 1:47 PM EDT
Pacific Biosciences, a San Francisco Bay area company offering long-read sequencing platforms, will acquire Omniome for up to $800 million. Zai Lab and Schrödinger formed a collaboration to develop a novel oncology product targeting DNA damage.