1 month ago | By ETF Daily News

An over $100 trading range in nearby NYMEX futures in 2020
Lots of price action ahead in 2021
The US and global politics could light a bullish fuse
The financial landscape is bullish for crude oil, but it could be another wild ride 2020 was anything but a dull year in the crude oil markets. The year began with prices reaching the peak in early January when the US and Iran faced off in Iraq after the killing of a high-profile Iranian military commander. Energy demand evaporated as the global pandemic closed down broad parts of the worldwide economy in February through April, sending the...
Read more ...

Here's the top reason why US stocks aren't in bubble territory, according to Fundstrat's Tom Lee

1 month ago | By Business Insider

Summary List Placement
US stocks are not in bubble territory because 94% of retail inflows since 2008 have gone into bonds, not stocks, Fundstrat's Tom Lee highlighted in a note on Monday.
Just $183 billion of retail money has flowed into the stock market since 2008, according to Lee.
"Can stocks be in a 'bubble' if 94% of investor inflows are into bonds?" Lee asked.
Visit Business Insider's homepage for more stories .
US stocks are set to perform "surprisingly well" over the next decade, in part because there is "no bubble in stocks," Fundstrat's Tom Lee said in a note on Monday.
Even...
Read more ...

Here's how the first female CEO of the Maritime and Port Authority of Singapore is working to disrupt the industry

1 month ago | By Business Insider

Summary List Placement Singapore was blessed by geography to be a critically vital port, located at the crossroads of a centuries-old trade route connecting the East and the West. But it's the island's legacy of innovation and investment in the maritime industry that has turned Singapore into the busiest container hub in the world, attracting an average of 130,000 vessel calls annually.
When Quah Ley Hoon became the first female CEO of the Maritime and Port Authority of Singapore in January 2019, she quickly signaled her intention to further that legacy, unveiling bold plans to...
Read more ...

US stocks open flat following gains for global stocks

1 month ago | By Stl Today

BEIJING - Wall Street is beginning 2021's first trading day mostly flat, amid tempered optimism about the rollout of coronavirus vaccines. The S&P 500 was up less than 1 point at 9:35 Eastern time, while the Dow Jones Industrial...
Read more ...

I left my job at Amazon to focus on my side hustle and I'm on track to make multiple 6 figures in my first year. Here are 7 key steps I took before clocking out for good

1 month ago | By Business Insider

Summary List Placement I never dreamed of being an entrepreneur. I was perfectly content in my administrative job, supporting executives and climbing the corporate ladder. I coveted the corner office with a window that overlooked the Space Needle and dreamed of the days where I would be a director with an assistant of my own.
However, after a complicated childbirth where my son and I almost lost our lives, I began to pursue entrepreneurship out of sheer necessity.
Don't get me wrong - I had a perfect, cushy job as an executive assistant at Amazon corporate headquarters making roughly...
Read more ...

US stocks climb higher in first trading session of 2021

1 month ago | By Business Insider

Summary List Placement
US stocks climbed higher in the first trading session of 2021 on Monday as investors returned from the New Year holiday.
Bitcoin saw a volatile trading session on Monday after it fell 17% following a surge to record highs just below $35,000.
Watch major indexes update live here .
US stocks gained in the first trading session of 2021 on Monday as investors returned from the New Year holiday.
Bitcoin surged and then dropped in a volatile trading session. The popular cryptocurrency hit record highs just below $35,000 on Sunday before falling as much as 17% in Monday...
Read more ...

GOLDMAN SACHS: Buy these 37 stocks that could earn you the strongest returns without taking on big risks in 2021 as the recovery and vaccine distribution get underway

1 month ago | By Business Insider

Summary List Placement Even in a year as unprecedented as 2020, the S&P 500 index still managed to rise by over 16%.
But the gains were generated with extreme volatility. In March, stocks plunged into the fastest bear market in history and the S&P 500 one-month realized volatility surged to its highest level during the past 70 years, matching that of Black Monday on October 19, 1987.
Looking into 2021, a number of risks could derail Wall Street's positive forecasts for the year and bring back the volatility that has since faded somewhat in the new bull market.
Goldman Sachs' chief equity...
Read more ...

As CES goes virtual in 2021, forecasts show a mixed reality for AR/VR

1 month ago | By Business Insider

Summary List Placement This year's Consumer Electronics Show , the tech industry's annual trade show, is going to be an exclusively virtual event for the first time in its history.
Instead of over 120,000 people coursing through the halls of the Las Vegas Convention Center, the 2021 event will feature live and on-demand broadcasts and "virtual" exhibitor booths. Judging by the event schedule, however, it looks like VR and AR tech will be sidelined by big screen TVs, 5G phones, and connected cars. This reflects what Insider Intelligence expects to see in the AR/VR market in 2021, as a lack...
Read more ...