Business
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How some retirees are making extra income with short-term rentals
When my husband died in 2018 at age 57, I knew I was going to have to do something to make up for the savings he would have contributed to our IRA. This year, when inflation skyrocketed, I not only needed additional income if I hoped to eventually retire, but I also needed additional money…
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Enphase stock rallies 5% after Raymond James raises it to buy
Shares of Enphase Energy Inc. ENPH, +4.83% jumped 5% Monday after analysts at Raymond James raised their rating on the stock to the equivalent of buy, saying they are “turning positive” on the energy technology company for the first time in a decade. “This upgrade is partly opportunistic and partly thematic,” the analysts said, as…
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‘I’ve inherited a house from my deceased aunt in San Francisco. She rented the basement to an older couple for years without a lease.’ Can I evict them?
I’ve inherited a house in San Francisco from my aunt. My aunt had rented her basement to an older couple (probably illegally) for a few years for below market rates. I don’t believe there was a lease, and it is probably against the building code to have tenants in the basement. The couple’s family is…
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Beware the Great Rotation
CHAPEL HILL, N.C. (MarketWatch) — The most cited bullish argument these days, at least among the couple of hundred investment advisers I monitor, is that the stock market will “melt up” as investors sour on bonds and transfer the trillions they have in fixed-income mutual funds into stock funds. I suppose it is conceivable. But…
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JPMorgan CEO Jamie Dimon working to raise more support for First Republic: WSJ
First Republic Bank fell to an all-time low Monday as questions about its balance sheet and financial health sharply knocked down the stock, even as reports surfaced of prospects for fresh capital. JPMorgan Chase & Co. JPM, +1.06% Chief Executive Jamie Dimon is working to raise additional capital for First Republic, the Wall Street Journal…
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Law firm in talks with Credit Suisse bondholders about potential lawsuit after $17 billion wipeout
A white-shoe law firm is working with Credit Suisse bondholders to pursue “possible legal actions” after the value of convertible bonds issued by the bank was written down to zero following the takeover of the Zurich-based lender by crosstown rival UBS Group. Los Angeles-based Quinn Emanuel Urquhart & Sullivan said in a press release Monday…
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Bitcoin at ‘redemption arc’ as banking pressures rise, says AllianceBernstein
[]Cryptocurrencies are experiencing a “redemption arc,” as bitcoin rallies and investors keep a close eye on pressures in the U.S. banking system, according to analysts at AllianceBernstein. []Bitcoin BTCUSD, -0.63% tumbled harder than other major assets last year, but has rebounded sharply this year. []The recent turmoil in the banking sector, from the collapses of…
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Car companies stuck in slow lane
CHAPEL HILL, N.C. (MarketWatch) — Don’t bother. That, in essence, is the consensus opinion of the automobile industry from the top performing advisers I monitor. There are many other sectors that they believe to be far more attractive. To come up with what the top performers are saying, I relied on the criteria I utilize…
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Foot Locker stock falls as weak guidance overshadows plan to expand sneaker line and relaunch core brand
Foot Locker Inc. stock fell 3.9% Monday, after the sporting goods retailer’s softer-than-expected guidance weighed against a solid quarter and plans to expand its sneaker line. The New York-based company FL, -5.68% posted net income of $19 million, or 20 cents a share, for the fiscal quarter to Jan. 28, down from $103 million, or…
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Part 5 of 9: $2,000 Small Account Journey
In part 1, part 2, and part 3 of this 9 part series … … I taught why this strategy is better for trying to build a small account compared to penny stocks. Now let’s examine HOW it works. Options trading BLUEPRINT for traders with SMALL ACCOUNTS. HOW to get 3 ways to win on…