Month: February 2020

Nokia (NYSE:NOK) stock got off to an encouraging start this year, with the price going from $3.80 to $4.47. But the gains have since faded. Note that the year-to-date return for NOK stock is about 6%. And yes, when you look back at the past 12 months, it is -33%. Source: RistoH / Shutterstock.com For
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US DOLLAR OUTLOOK: BULLISH US Dollar may rally on haven demand as coronavirus pandemic triggers recession fear Greenback is gaining despite downward pressure of swelling Fed rate cut expectations Equity selloff may amplify risk aversion, boost USD amid concerns of financial stability US DOLLAR MAY RISE ON HAVEN DEMAND FROM COVID-19 VIRUS The US Dollar
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Equity markets right now are pricing Chesapeake Energy (NYSE:CHK) for an eventual bankruptcy. In pre-market trading, CHK stock is changing hands for less than 24 cents per share. Source: Casimiro PT / Shutterstock.com That kind of price, and that kind of trading, might attract some investors looking for a lottery ticket stock. It shouldn’t. Barring
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Admittedly, that headline is very much short-termism. It’s borderline difficult to write about Intel (NASDAQ:INTC), a company with enviable market position and a slew of quality traits, however, short-termism is the order of the day in the current environment set by the novel coronavirus. Source: Kate Krav-Rude / Shutterstock.com The “buy the dip” mentality that
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Gold, meanwhile, hung in pretty well, as you would expect for a safe haven during a sudden drop. Here’s the 1-month chart of GLD, the unleveraged gold ETF, compared to the Dow 30 average over the same period. The charts are pulled right after the open on Friday, so the last day is “today” but
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