By Market Rebellion On Thursday, investment bank Goldman Sachs (GS) released a “tactical trade idea” in Intel (INTC). The trade: Buy put options on Intel ahead of earnings. Goldman Sachs often issues “tactical trade ideas” to their clients — the most r…
Fox Corp., Kroger on B of A List of Stocks Without Supply-Chain Risk
By Dan Weil Some investors may want to be cautious about investing in companies that are vulnerable to problems with the global supply chain. Supply-chain disruption has been a major problem for the economy almost since the covid pandemic erupted in Ma…
Consumer Sector: Signs of Strength, Signs of Weakness
By Dan Weil Personal-consumption expenditures edged up only 0.2% in May from April and fell 0.4% in real (inflation-adjusted) terms. Consumer spending is the most important part of the economy, accounting for more than two-thirds of GDP. The numbers fo…
AMC Brings Back A Beloved Promotion
By Michael Tedder Saving money feels good in a place like this, but there are a few caveats. Is it really summertime if you don’t go see a big stupid-fun blockbuster in the movie theaters? The past few years have been tough for AMC and other movie chai…
Jobs Market: Half-Full or Half-Empty?
By Dan Weil Job openings totaled 11.3 million as of May 31, while hires registered 6.5 million in the month. The strength of May’s employment numbers surprised many experts, with nonfarm payrolls adding 390,000 workers. The June report is due July 8, a…
Elon Musk’s Boring Company Accepts Dogecoin
By Luc Olinga The infrastructure and tunnel construction firm becomes the third company in the billionaire’s empire to support cryptocurrency. Elon Musk is a cryptocurrency evangelist. Under his leadership, Tesla (TSLA) – Get Tesla Inc. Report invested…
Can Apple Stock Lead a Stock Market Rebound?
By Bret Kenwell Apple stock is now up in four straight sessions. Here’s how it can continue to lead the market higher. As the summer days tick by, the bulls are slowly but surely trying to regain control of the stock market. They will have a hard time …
Mark Zuckerberg Sets Facebook’s Top Priorities
By Luc Olinga Social-media giant Facebook wants to focus on six important areas as its CEO expects “one of the worst downturns” in recent history. Mark Zuckerberg is pessimistic about the economy. The chief executive of Meta Platforms (META) – Get Meta…
Taco Bell Menu’s Newest Item Probably Won’t Bowl Over Mexican Pizza Fans
By Colette Bennett Is the new addition a win for Taco Bell? As I have observed many times before in TheStreet’s coverage of the fast-food market, having a constantly rotating stable of new items on the menu is basically essential to the success of just…
Can Cathie Wood’s ARKK Rally 50% From Current Levels?
By Bret Kenwell The ARKK ETF has slumped from its highs, and a 50% rally would recoup barely a quarter of its total losses. The chart hints at the prospect. It’s been a tough year for Cathie Wood and Ark investors. The asset manager’s flagship fund, AR…