Wayne Duggan - Spark Newswire

3 minute read

If You Invested $1,000 In Johnson & Johnson Stock One Year Ago, Here’s How Much You’d Have Now

Today, 9:29 AM

Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return over the last 12 months is 34.3%. But there is no question some big-name stocks performed better than others along the way.

JNJ

2 minute read

The Case For A Stock Market Bubble: ‘Speculation Pervading Society’

By Wayne Duggan

Today, 9:29 AM

The SPDR S&P 500 ETF Trust (NYSE: SPY) has more than doubled off its 2020 pandemic lows, and the S&P 500’s valuation is looking extremely stretched based on a number of traditional stock market valuation metrics.

AMC

2 minute read

Analyst Says Lithium Stocks Pricing In ‘Unreasonable Growth’

By Wayne Duggan

Today, 9:29 AM

Lithium prices have been red hot, sparking big rallies in Albemarle Corporation (NYSE: ALB) and Livent Corp (NYSE: LTHM) in the past year.

ALB

2 minute read

Why It Could Take Boeing Years To Get Back On Track Following Latest Starliner Delay

By Wayne Duggan

Today, 9:29 AM

Boeing Co (NYSE: BA) shares were trading down Monday after the company announced yet another delay in its Starliner program last week.

3 minute read

Here’s What Happens When You Max Out Your Credit Card

By Wayne Duggan

Today, 9:29 AM

U.S. credit card debt is once again on the rise, which means some spenders may unfortunately soon be faced with at least one maxed-out credit card.

AXP

3 minute read

How Robinhood Ushered In Stock Trading For The New Generation

By Wayne Duggan

Today, 9:29 AM

One of the most surprising consequences of the COVID-19 pandemic has been the flood of younger retail investors buying stocks, and Robinhood Markets Inc (NASDAQ: HOOD) has been at the epicenter of the boom.

GME

2 minute read

BofA Initiates Coverage Of Coinbase: ‘We Await More Signs Of Progress’

By Wayne Duggan

Today, 9:29 AM

Coinbase Global Inc (NASDAQ: COIN) traded higher by 2% on Friday morning after one Wall Street analyst gave his initial take on the stock. The Analyst: Bank of America analyst Jason Kupferberg initiated coverage of Coinbase with a Neutral rating and a $274 price target.

COIN

1 minute read

This Day In Market History: Russian Stocks Drop 6% On Government Insolvency Fears

By Wayne Duggan

Today, 9:29 AM

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1998, the Russian stock market crashed 6% on fears that the Russian government would default.

RSX

2 minute read

3 Things That Could Send The S&P 500 Down 20%

By Wayne Duggan

Today, 9:29 AM

After six consecutive months of gains, the SPDR S&P 500 ETF Trust (NYSE: SPY) is on quite a roll heading into the end of the year. But just because the U.S. economic outlook is improving, it doesn’t mean there aren’t real risks lurking that could derail the rally in the next several months.

SPY

2 minute read

Carson Block Goes In On Musk’s ‘Bulls**t,’ Why Tesla Shorts Were ‘Right And Wrong The Whole Time’

By Wayne Duggan

Today, 9:29 AM

Short seller Carson Block of Muddy Waters Capital just sent out his first letter to shareholders, and he devoted a large portion of the letter to discussing Tesla Inc (NASDAQ: TSLA).

TSLA