Today’s Pick: Tata Steel (₹838.1): Sell

The stock of Tata Steel has been decline since April. The downtrend began from about ₹1,385. It has been falling with intermittent minor corrective rallies and extending the drop, the stock invalidated the psychological support of ₹1,000 before a couple of weeks. The fall has been sharp, and the stock closed at ₹838 on Wednesday. … Read more

Coinbase and Billionaire Saylor Swept Up in Bitcoin Crash

It’s a bitingly cold wind blowing on the crypto sphere and particularly on the king of digital currencies, bitcoin.  Bitcoin prices are moving to their lowest levels since 2020. They have fallen more than 12% in the past 24 hours and at last check were around $23,952.  Some observers say the drop isn’t done. Economist Adam Schiff, … Read more

Tesla 3-1 Stock Split: Here’s What Elon Musk Needs to Happen First

Tesla  (TSLA) – Get Tesla Inc. Report is planning to split its stock 3-for-1 according to a regulatory filing late on June 10, but something has to happen first. The electrical vehicle maker made the move for a couple of reasons, according to the proxy filing with the Securities and Exchange Commission. First, “we believe the … Read more

Forget Caesars, MGM, Consider This Las Vegas Strip Stock

Las Vegas offers the promise of getting rich. In most cases, that’s a false promise as the house usually wins, but you can make money on Sin City without throwing any dice, playing cards, or taking a turn at the slot machines. Las Vegas has a surprising number of investment options and the best one might … Read more

Stocks that will see action today (June 3)

A massive fire broke out at Deepak Nitrite Limited, a chemical manufacturing company, following multiple blasts at the company’s facility at Nandesari industrial estate near Vadodara on Thursday evening. While several firefighters were rushed to the spot, the initial eye-witness accounts reveal damages to a large part of the factory premises due to the fire … Read more

Why the Dow finally bounced — and what it will take to prove it’s for real

A little pre-summer cheer finally filtered its way into the stock market the week before Memorial Day, but it will likely take more than the Dow Jones Industrial Average’s first winning week since late March to convince rattled investors that the pain is in the past. What happened? Real, or inflation-adjusted, interest rates fell over … Read more

Why Investors Shouldn’t Worry About Costco Stock (And Why You Should Buy Some)

The market crash has driven stocks into a bear market panicking many investors as strong companies with solid results see their shares tank. It’s a market that seems to have no safe havens as the vague specter of inflation has cast a dark shadow over the entire market, but pandemic stocks, technology companies, and the … Read more

Why I’m Not Worried About the Stock Market Crash

We’re not living in 1929. It’s important to remember that as we watch the stock market crash and our personal net worth take a big hit. While that has certainly happened, it’s important to note that the stock market isn’t the economy. We’re not on the cusp of the next Great Depression. Instead, we have … Read more

A ‘summer of pain’ for stocks? Nasdaq Composite could plunge 75% from peak, and S&P 500 skid 45% from top, warns Guggenheim’s Scott Minerd

The carnage playing out in the U.S. stock market on Wednesday is likely an amuse-bouche compared with the devastation on the menu for the bulls in the coming months and years, Guggenheim Partners Global Chief Investment Officer Scott Minerd told MarketWatch in an interview. The prominent CIO on Wednesday said he envisioned the possibility of … Read more