Skip to main content

Posts

Showing posts from August, 2021

Wed - Unemployment rates can become a major problem

U. S. job creation was largely off the pace when fewer people added jobs than expected.  Robinhood markets continued yesterday's rally, climbing as much as 17% in the premarket session on Wednesday. Cathie wood's revealed that it had nearly 4000 shares of this stock as of august 4. About 9 million Robinhood shares with a market value of almost 230 million seem to be boosting traders' confidence in the financial services firm's stock.  The price of precious metals rose on Wed after a report released by ADP national employment report showed that the number of jobs in the private sector of the united states grew by weaker than expected.  For the third day in a row the price of oil fell on wednesday as investors remained concerned over the spread of the coronavirus delta variant particularly in regard to the large oil consumers.  General Motors Co. in the second quarter of fiscal 2021, reported 104% surge from the same timeframe in 2020. Let me know what you think. Kee...

Tuesday - The pandemic of unvaccinated people

Shares on Wall Street ended the session on Tuesday higher on the back of solid earnings, which pushed the Dow Jones Industrial Average over 250 points. Cyclical stocks reaped the benefits of signs of a strong economic recovery from the pandemic, with shares of banks and industrial companies posting gains during today's session. investors are waiting for the Jul jobs report scheduled for Fri. the dow jones was up by 278 points; the top-performing company included IBM. the s&p 500 rose, as shares of Moderna rocketed 11. 51%.  Bitcoin fell below the 38000 mark on Tue after a statement from the sec chairman Gensler criticized the issuance of cryptocurrencies. in a speech given at the aspen security forum Gensler called for more authority for the sec to regulate crypto markets which he called the wild west with widespread rife.  On Tuesday, prices of oil futures extended yesterday's losses sparked by fears over the impact of the Delta coronavirus strain on future econ...