Business COVID 19

Forget Bitcoin—GameStop just topped $300 in pre-market trading

This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning. Global stocks and U.S. futures are fairly quiet ahead of a busy day of corporate earnings from the likes of Apple, Tesla and Facebook. The big action again this […]

Business COVID 19

Stocks to watch under a Biden presidency

This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning. It’s official: Janet Yellen has been confirmed as the next Treasury Secretary, a familiar face for investors. Alas, U.S. futures are under pressure this morning ahead of a big […]

Business COVID 19

What the savvy investor can learn from the bonkers rally in GameStop shares

Good morning, Bull Sheeters. Tech stocks are leading the way this morning, sending U.S. futures mostly higher, and lifting global stocks, too. It’s a big earnings week for Big Tech with one half of the FAANGM sextet reporting in the coming days. In today’s essay, I look at the bubbly trade in penny and loss-making […]

Business COVID 19

What a Biden presidency could mean for your portfolio

Good morning, Bull Sheeters! The 46th president of the United States will be sworn in today, and the mood in the markets is upbeat. Cautiously upbeat. The source of investor exuberance is coming more from Wall Street than Washington, it must be said. A host of earnings beats from the likes of Netflix, Goldman Sachs […]

Business COVID 19

Global markets climb as investors focus on bank earnings and Yellen testimony

Good morning, and welcome back! After a weak showing last week, U.S. futures and global stocks are moving higher this morning as we head into a busy stretch for corporate earnings. Below, I offer a primer on what to look for. Oh, and Postscript is back. Reader warning: it involves food. But first, let’s see […]

Business COVID 19

Why Goldman Sachs sees a very different kind of markets rally ahead for 2021

Good morning. It’s another day of choppy trade in stocks, oil, and in Bitcoin. U.S. futures have been up and down all morning as voters head to the polls in Georgia to determine control of the U.S. Senate and what that will ultimately mean for more stimulus spending and for American tax policy and its […]