Daily Profit
COVID-19 Is Killing Dividends
Analysts from S&P Dow Jones Indices released numbers today that underscore the impact COVID-19 is having on income investors. According to data the S&P Dow Jones analysts compiled, dividends… Read more
Buy the Pandemic Dip
Most market analysts believe the stock markets are going to be range bound for the duration of this coronavirus pandemic. Other analysts disagree. One analyst in particular, who called… Read more
These Stocks Own the ‘Toll-Road’ for 5G Traffic
In case you haven’t noticed, Nasdaq stocks are on fire. In fact, they have not performed this well in over two decades . . . since the dot-com era… Read more
Stimulus Checks: Your Next One Is Coming
The U.S. House of Representatives passed a $3 trillion stimulus bill back in May. That bill included another round of stimulus checks. President Trump said he would be willing… Read more
Pipelines Run Out of Gas
Duke Energy (NYSE: DUK) and Dominion Energy (NYSE: D), two of the nation’s largest utilities, have run out of gas on a pipeline project. Back in 2014, the pair… Read more
Federal Reserve: No Quick Rebound
The Federal Reserve is worried. The central bankers released the minutes from the last Fed meeting on Wednesday and they weren’t pretty. In the notes from the Fed meeting,… Read more
Will Surging Covid-19 Cases Derail U.S. Recovery?
The U.S. economy added 4.8 million jobs in June, says a new report from the Bureau of Labor Statistics. That brought our national unemployment rate down to 11.1% and… Read more
Don’t Expect a Second Quarter Repeat
The second quarter of 2020 came to an end on Tuesday, and what an end it was! The S&P 500 gained 19% in the second quarter, its best quarterly… Read more
Fed Chairman: The Next Stimulus Check
Fed Chairman Jerome Powell and Treasury Secretary Steven Mnuchin testified before Congress and the House Financial Services Committee. In prepared testimony, Jerome Powell said that the economic recovery had… Read more