WealthMintr | Resources

Dow drops more than 100 points to start the week on fears of slowing global growth

August 16, 2021 By: Todd Mitchell

Major U.S. stock indexes slipped Monday to start the week amid fears of slowing global growth, with China’s economic recovery lagging and oil prices falling.The Dow shed about 140 points, or roughly 0.4%. S&P 500 dipped around 0.6% and the Nasdaq Composite fell about 1.3%.Data showed Chinese economic growth slowing more than expected. China’s retail sales increased by 8.5% in July...

Consumer Sentiment Surprises to the Downside

August 15, 2021 By: Todd Mitchell

The stock market was mostly higher on Friday after setting another round of record highs despite a sharp drop in consumer sentiment. Specifically, the preliminary consumer sentiment index for August fell to 70.2, its lowest level in a decade, versus forecasts to match the final reading of 81.2 for July. The news suggested that the Delta variant of the coronavirus was impacting consumers as most...

Disney beats expectations across the board, with U.S. parks returning to profit

August 13, 2021 By: Todd Mitchell

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Dow/ S&P 500 Hit Third-Straight Record Closes

By: Katie Mitchell

The stock market was mostly higher on Wednesday following news U.S. inflation growth may have peaked. Specifically, the consumer price index increased 0.5% last month after rising 0.9% in June, the largest drop for inflation data in 15 months. This helped ease concerns about the potential for runaway inflation with the broader market and the blue-chips setting another round of record highs....

Inflation Eases as Market Maintains Momentum

August 11, 2021 By: Todd Mitchell

The stock market was mostly higher on Wednesday following news U.S. inflation growth may have peaked. Specifically, the consumer price index increased 0.5% last month after rising 0.9% in June, the largest drop for inflation data in 15 months.This helped ease concerns about the potential for runaway inflation with the broader market and the blue-chips setting another round of record highs. Tech...

Extreme Option Profits Chart of Day… ChargePoint Holdings (CHPT)

By: Todd Mitchell

Shares of AMD are now at $113, and still show no signs of slowing. In its most recent quarter, the company posted Q2 revenues of $3.85 billion, which came in above expectations for $3.62 billion. Cash on hand is up to $3.79 billion. “Our business performed exceptionally well in the second quarter as revenue and operating margin doubled and profitability more than tripled...