What happened Shares of AT&T (NYSE: T) fell 4.4% on Tuesday after comments by one of the telecom’s key executives sparked concerns of slowing growth among investors. So what Speaking during the Wells Fargo Technology Media and Telecom Summit, AT&T Communications CEO Jeff McElfresh indicated that the strong customer growth the company experienced over the...
Put options traders have been running toward GIS General Mills, Inc. (NYSE:GIS) is an American multinational manufacturer and marketer of branded consumer foods sold through retail stores. Its portfolio of brands includes household names such as Cheerios, Nature Valley, Pillsbury, Betty Crocker, Yoplait, and more. This afternoon, GIS was last seen down 1.3% at $62.73....
On this edition of StockCharts TV’s Sector Spotlight, I take on both seasonality and the monthly charts for November, starting with a quick look and analysis of current sector rotation and its potential impact on the S&P 500. After that, I look at seasonal patterns for all sectors and how they align, or in this case...
With some 65 million Americans receiving Social Security benefits, it isn’t surprising that scam artists invoke the program’s name in fraudulent phone calls, texts, emails, and letters. Their schemes typically involve impersonating the Social Security Administration in order to obtain, and then misuse, Social Security numbers (SSNs) and other personal information. Here’s a rundown, by...
Stocks, forex pairs, cryptocurrencies, and futures contracts provide active traders countless opportunities. Given the diversity of alternatives, one question rises above the rest: Which market should I trade? Let’s take a look at two of the most popular assets out there—stocks and futures—and the reasons for trading each. Why trade futures? A futures contract is...
Example Scenario 2021 Filing Status Single Modified AGI $128,000 Age 49 2021 MAGI: $128,000 $128,000 – $125,000 = $3,000 $3000 / $15,000 = 0.2 0.2 * $6,000 = $1,200 $6,000 – $1,200 = $4,800 Using the example information above, the calculated reduced limit would be $4,800 for this individual. Details of Roth IRA Contributions The...
How looking at the history of technological adoption can give us insights into where Bitcoin could be embraced the fastest. Intro Throughout time, technology has proven to change our lives by leveraging efficiencies in energy. New ways in how we hunt have saved time and energy for innovation and to live more intentionally. Currently, Bitcoin...
ProAssurance Corporation PRA is continuously favored by investors on the back of its growing revenues, cost-cutting initiatives and strategic measures. Operational and investment excellence also drive the stock. Over the past seven days, the stock has witnessed its 2021 earnings estimate move 2.1% north. Here we discuss the reasons for adding this currently Zacks Rank...
Today’s precarious economic environment makes a strong argument for alternative retirement investments for the post-pandemic era. This, at least, is the prevailing sentiment among many investors and market-watchers who fear the effects of inflation, high borrowing costs, unstable foreign capital markets as exemplified by Evergrade, and a potential stock market pullback. In fact, the year-over-year rise in the...
FCX is within one standard deviation of a historically bullish trendline Freeport-McMoRan Inc (NYSE:FCX) is down 3.1% to trade at $36.82 this afternoon, with the miner taking a hit as Covid-19 omicron variant fears push metal prices lower. As far as the security is concerned, however, there is no reason to panic just yet. In fact, Freeport-McMoRan...