Also called micro cap the boutique s, many traders consider this as a rather good investment more so because of their ‘smallness’. The Dow Jones will have major support between 24,500-25,000 going forward so buy good stocks when the market drops to these levels. I have a $45 price target for the next 12 months,. Vroom (VRM) – VRM was the recent IPO and share have dropped from $55 to $40 in a few days. The stock is up by 148% this year, although it is down by about -9% over the last 5 trading days. The stock market was down overnight but rallied into the green by Monday afternoon. Amazon, meanwhile, advanced further, after shares of the e-commerce giant closed 4.8% higher on Monday. Last quarter, Wal-Mart’s e-commerce sales increased 50%, helping drive total sales up 4.2%. The “death of retail” may be grossly exaggerated, at least when it comes to Wal-Mart.
However, a recent research study reveals that this market stabilization mechanism may not be as effective as it seems. The company’s recent announcement that it will buy back 5% of its outstanding shares signals it is “focused on driving shareholder return,” Mantia said. Depending on fortunes is not extremely safe in trading parallel alternatives as it will in the end not work for you and might wind up losing the greater part of your speculation. Slack (WORK) – I added another stock to my portfolio recently and this one is called Slack (WORK). During this time people engaged themselves in stock markets for side income. When you are looking for an extra stream of income that does not require taking on another job and that you can do from home, know that there are several options available, be a blogger, trade stocks, or complete surveys for money, etc. According to Small Biz Trends, nearly 4 million Americans are working from home, either as remote workers or as freelancers. There are already investors taking money out of their bond funds and investing it on stocks. Look for this to continue but downside to be around $22 at which Guy Adami of CNBC’s Fast Money says to buy WFC stock.