Wayne Duggan - Spark Newswire

2 minute read

Robinhood Soars After Becoming Latest Meme Stock Darling, AMC & GameStop Tumble

August 4, 5:58 PM

After a year of Robinhood Markets Inc (NASDAQ: HOOD) users being associated with extreme moves in so-called meme stocks, Robinhood shares themselves have now officially entered into meme stock territory.

AMC

3 minute read

3 Short Squeeze Candidates In The Materials Sector

By Wayne Duggan

August 4, 1:35 PM

Low float stocks can be some of the most volatile stocks in the market. If you mix in a short squeeze, the potential short-term gains in a low float stock can be extreme.

GPRE

2 minute read

What’s The Deal With #CashAppForHotties And Megan Thee Stallion?

By Wayne Duggan

August 4, 12:27 PM

In recent weeks, investors and Megan Thee Stallion fans may have noticed the hashtag #CashAppForHotties trending periodically on their social media feeds.

MSFT

2 minute read

Why BofA Is Bullish On Bath & Body Works, Victoria’s Secret After L Brands Split

By Wayne Duggan

August 4, 11:37 AM

The former L Brands has completed its spin-off of Victoria's Secret & Co (NYSE: VSCO) and rebranding as Bath & Body Works Inc. (NYSE: BBWI).

BBWI

2 minute read

Why An S&P 500 Buyback Boom Could Be Just Around The Corner

By Wayne Duggan

August 3, 3:25 PM

Analysts are expecting S&P 500 earnings to surge 40.7% in 2021 off of extremely easy pandemic comps. On Tuesday, DataTrek Research co-founder Nicholas Colas said one of the impacts of that burst of earnings growth will likely be a huge increase in S&P 500 share buybacks.

SPY

3 minute read

ZoomInfo’s Stock Surges Higher After Q2 Earnings: More Upside Ahead?

By Wayne Duggan

August 3, 2:10 PM

ZoomInfo Technologies Inc (NASDAQ: ZI) shares traded higher by 13% on Tuesday morning after the company reported better-than-expected quarterly numbers.

2 minute read

Square Lands 2 Upgrades Following Afterpay Buyout

By Wayne Duggan

August 3, 12:45 PM

Square Inc (NYSE: SQ) shares traded lower on Tuesday, pulling back just a bit following a 12% surge in Monday's session. The Analysts: Raymond James analyst John Davis upgraded Square from Underperform to Market Perform.

2 minute read

Post-Election Stock Market Rallies Have Historically Peaked In August

By Wayne Duggan

August 2, 6:00 PM

August and September have historically been relatively weak months for the S&P 500, but LPL Financial Chief Market Strategist Ryan Detrick says August has been a particularly disappointing month following U.S. election years.

SPY

2 minute read

Why Low Mortgage Rates May Be The Best Long-Term Pandemic Silver Lining

By Wayne Duggan

August 2, 2:52 PM

There’s no question the global COVID-19 pandemic inflicted a tremendous amount of economic damage around the world and negatively impacted the finances of millions of people.

SPY

2 minute read

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

By Wayne Duggan

August 2, 1:51 PM

Investors who have owned stocks in the past year have generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return over the past 12 months is 36.3%. But there is no question some big-name stocks performed better than others along the way.

LUV