Tag: comeback

3 recovery killers that will stymie your post-COVID comeback

By Dr. Evans Baiya6 minute Read

The business world has been significantly disrupted by the pandemic. During situations of macro disruption, most people look for ways to first survive and eventually emerge from the circumstances stronger and better. As they do this, most leaders attempt to re-create past success—to go back to what life and business were like pre-disruption. 

Few people look forward with excitement to the unpredictable, unknown future while living through the dissonance caused by ongoing disruptions. Yet because of what we have collectively experienced, there is no going back to the old state of things. Business environments are changing constantly. True business recovery is forward moving, embracing today’s reality and finding ways to thrive within it. The best measure of successful negotiation of disruption is how strongly you recover.

There are plenty of approaches to business recovery, but the key to success is avoiding the obstacles

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Big Comeback For Apple, Netflix, And Other Big Tech Names Softens Some Of The Pain

 A rally in the wilting Tech sector prevented a complete Monday washout. Still, at the end of the day, the week is off to a rough start as concerns about the virus, politics, and banks ganged up on most of Wall Street.

That turnaround in Tech does raise some hopes going into Tuesday. Consider keeping an eye on futures trading overnight to get a sense of whether any of that strength can flow into tomorrow’s open.

Having the Nasdaq (COMP) go positive at one point in the last few minutes was quite a statement, even if COMP couldn’t hold those gains at the close. The area the market depended on so much during the long rally (Tech) came back, with stocks like Apple Inc. (NASDAQ: AAPL), Netflix Inc (NASDAQ: NFLX), QUALCOMM, Inc. (NASDAQ: QCOM), and Microsoft Corporation (NASDAQ: MSFT) all having nice days. 

On the other end, Financials continue to

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‘Mass Effect’ Making A Comeback? Listing Leak Suggests Franchise Return And Surprise Platform

BioWare’s beloved “Mass Effect” franchise has been firmly dormant since 2017’s “Mass Effect: Andromeda” left a bad taste in the mouths of most fans. Now, a retail listing may have just revealed the series’ return, and in a way that should excite longtime gamers.

In a since-deleted listing from Wednesday, the Portuguese retailer Gaming Replay appeared to reveal “Mass Effect Trilogy,” a collection of the first three games in the series, according to several outlets reports. The site listed the re-release for PS4, Xbox One, and unexpectedly, Nintendo Switch.

While not surprising from a technical perspective – as the Switch would be more than capable of handling these titles – it is unique to see the franchise return to Nintendo consoles, should the listing be true. The series only graced a Nintendo system once, when “Mass Effect 3” made its way to the Wii U in 2012.

The listing included

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Tech continues comeback, Tesla up 7%, banks weigh on Dow

FedEx pops on earnings beat

Shares of FedEx surged 4% in extended trading after the logistics company beat Wall Street expectations on the top and bottom lines for its fiscal first quarter. The company reported $4.87 in adjusted earnings per share versus $2.69 expected by analysts, according to Refinitiv. Revenues also beat expectations, coming $1.75 billion higher than projected at $19.3 billion. — Jesse Pound

Stocks wobble into the close

The three major indexes managed to finish the day higher despite losing momentum in the final hour of trading. The Nasdaq Composite was the outperformer, climbing 1.2%, and the S&P 500 rose of 0.5%. The Dow eked out a one-point gain, helped by a late swing into positive territory by Apple. — Jesse Pound

Facebook loses ground after Kim Kardashian announces one-day freeze

Shares of Facebook took a leg down after Kim Kardashian announced that she would join other celebrities

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Fun Belt upest; Big Ten comeback?

AP
Published 9:53 p.m. ET Sept. 12, 2020 | Updated 1:56 a.m. ET Sept. 13, 2020

On the first Saturday of the college football season with Power Five conference teams playing, the Sun Belt was the star and the Big Ten grabbed headlines without even playing.

What figures to be at best a weird season as teams try to navigate the pandemic ramped up Saturday with 19 games, including a bunch involving the Atlantic Coast Conference and the Big 12.

The Power Five conferences all modified their schedules for this season to deal with the inevitable disruptions caused by COVID-19.

Good call. Three Big 12 teams had their openers this weekend postponed, including No. 15 Oklahoma State. In the ACC, four hours before the first conference’s first game of the season, it was announced that next week’s Virginia-Virginia Tech game was being postponed.

Welcome to 2020, folks. When the games

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Dollar Bulls Stage a Comeback

The former king of the currency markets is on a mission to reclaim dominance, appreciating across the board after a sell-off in stock markets prompted investors to rush towards safe-haven destinations. Dollar bulls seem to be deriving strength from not only concerns over a possible delay in the Covid-19 vaccine but the recent U.S jobs report showing a decline in the U.S unemployment rate and jump in U.S Treasury yields.

With the Dollar Index trading at levels not seen in four weeks around 93.60 and appreciating over 1.5% since the start of September, are bulls back in the game?

Looking at the technical picture, a rebound may be on the cards on the weekly timeframe following the solid move above 93.00. A weekly close beyond this point could suggest an incline towards 94.00 and 96.00 in the medium term. If 94.00 proves to be reliable resistance, the DXY may find

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The stock market shakeout is likely not over yet, even with Friday’s comeback

A pedestrian outside the New York Stock Exchange in New York, July 29, 2020.

Wang Ying | Xinhua News Agency | Getty Images

The tech wreck is probably not over, despite Friday’s market comeback. 

Analysts expect the shakeout in stocks to continue after the long Labor Day weekend, especially in technology names and the Nasdaq, areas of the market that notched the sharpest gains.

After August’s 7% gain in the S&P 500, stocks started September strong, and then just as quickly rolled over. The Nasdaq lost 5% Thursday and was down sharply Friday but pared losses to decline 1.5%. The S&P 500 was down about 2.3% for the week, even after a 3.5% loss Thursday.

“I think this is a good wake-up call and a reminder that there are risks out there,” said Leo Grohowski, chief investment officer at BNY Mellon Wealth Management. “In August, we did take a little

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Late-day comeback, Apple ekes out small gain, Nasdaq falls 6% in 2 days

Stocks close well off the lows

The market staged a late-day comeback before the holiday weekend, powered by a strong rally in cyclical stocks. The Dow ended the session about 150 points lower after dropping as much as 628 points earlier in the day. The S&P 500 dipped 0.8%, well off its session low when it fell 3%. The Nasdaq Composite finished the day 1.2% lower as many major tech names pared steep losses. Apple eked out a 0.1% gain. — Yun Li

Cramer says Tesla’s rebound is a ‘very positive sign’

CNBC’s Jim Cramer called Tesla’s late-day reversal a “very positive sign” for the broader market. Shares of the electric car-maker erased a loss of 8.6% and traded more than 4% higher with about half an hour left in the trading session. Cramer believes Tesla plays a bigger role in driving investor sentiment than Apple, which also rebounded from

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Stocks stage late comeback but still end day lower

Stocks fell Friday, despite a solid August jobs report. The Dow lost nearly 160 points in a topsy-turvy session. After initially opening higher, the index was down as much 628 points before roaring back. It was even briefly back in positive territory in the final hour of trading.



a man standing in front of a building: People walk by Wall Street in lower Manhattan on September 02, 2020 in New York City. The Dow gained 454.84 points, or 1.59 percent, to close at 29,100.50. Closing less than 2 percent from an all-time high, the Dow posted its best rally since mid-July and closed. (Photo by Spencer Platt/Getty Images)


© Spencer Platt/Getty Images
People walk by Wall Street in lower Manhattan on September 02, 2020 in New York City. The Dow gained 454.84 points, or 1.59 percent, to close at 29,100.50. Closing less than 2 percent from an all-time high, the Dow posted its best rally since mid-July and closed. (Photo by Spencer Platt/Getty Images)

The S&P 500 fell 0.8% and the tech-heavy Nasdaq Composite dropped 1.3% — but both indexes also ended Friday well off their lows of the day.

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The market sell-off accelerated for a bit Friday morning following a report from the Financial Times saying that

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BTC/USD bulls make a comeback as difficulty reaches all-time high

  • BTC/USD has crossed the $10,300 level.
  • Bitcoin’s difficulty has reached 17.558 tera hashes, which is an all-time high.

BTC/USD daily chart

BTC/USD daily chart

BTC/USD bulls stepped up big time following two heavily bearish days. The price has gone up from $10,169.70 to $10,300. As per the daily price chart, we have four strong resistance levels at $10,935.70, $11,098.82 (SMA 50), $11,330.62 and $11,536.50. On the downside, we have two healthy support levels at $10,171.60 and $9,613.55. The Elliott Oscillator has had three consecutive red sessions, which means that the overall market sentiment is still bearish.

BTC/USD 4-hour chart

BTC/USD 4-hour chart

The BTC/USD 4-hour chart is trending in a downward channel formation. The price has dropped from $11,412.60 to $10,314.50 in the last five sessions. The 4-hour chart has strong resistance at $11,618.24 (SMA 200), $11,472,16 (SMA 50), $11,407.35 (SMA 20), $11,245 and $10,698.45.  On the downside, we have one healthy support at $10,173.65.

Bitcoin

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