Timing market to buy, sell offers benefits

Timing market to buy, sell offers benefits

When deciding to sell a home, owners usually plan to put it on the market as soon as possible. The same goes for buyers, who want to start their search It can be nerve-racking to invest right now, but it could pay off down the road. Wall Street closed higher on Wednesday on the back of a second round of fiscal stimulus hope. LONDON–(BUSINESS WIRE)–Oct 2, 2020– Every minute of every trading day, trading signals are assessed on a portfolio of 30 futures markets and tracked in a very high level of transparency and accountability. /PRNewswire/ – GoldMining Inc. (the “Company” or “GoldMining”) (TSX: GOLD) (OTCQX: GLDLF) is pleased to announce that its common shares (the “Common Shares”)…

When deciding to sell a home, owners usually plan to put it on the market as soon as possible. The same goes for buyers, who want to start their search immediately.

But if you can wait, there is merit in trying to time the market for both listing and purchasing, according to Terri Barnett, agent and co-owner of RE/MAX Main Street in Bexley; Debbie Garson, Realtor/broker at Keller Williams Greater Cleveland in Pepper Pike; and Jenn Wrubel, Realtor at RE/MAX Haven Realty in Solon.

For both the Cleveland and Columbus markets, the professionals said the best time to list is typically in the spring – starting around the end of February and concluding in May.

“Typically, the market cools after school starts,” Barnett said. “But with low-interest rates combined with a lower inventory of homes, we have also seen strong demands in the fall. It shows you that it’s not a typical market this year.”

On the flipside, she said the worst time to put a home on the market is the holiday season – from Thanksgiving to New Year’s Day.

“I am unsure what will happen this year,” she added. “The winter weather usually discourages the less hardy shoppers from looking during a rough winter, but a mild winter will potentially lead to continued activity.”

Concerning the pandemic, Garson said all predetermined trends have the potential to be knocked on their heads.

“The pandemic has changed everything,” she explained. “While we have not yet seen the effect of COVID-19 in our December and January markets, it is unlikely families will be traveling over the holidays. Empty nesters with snowbird homes are hanging in the balance with the decision to stay home this winter versus going to a warmer climate where they can, at least, be outside. How to safely get there is the biggest concern.”

Garson noted she has clients who will not travel commercially and also don’t drive, which might increase the housing stock during months where historically it would’ve been quieter.

Wrubel said many of her clients had their homes freshly prepared and ready for the spring market this year, but COVID-19 “was such a disrupter.”

“So many people withdrew and didn’t want people seeing their homes,” she said. “So, that affected listings. When people realized this was here to stay and all of the doctors needed to relocate and move here, I felt so bad because there were no homes on the market. Once things settled down, people were more open to re-listing with severe instructions, like keeping doors and windows open, the lights kept on and everyone inside wearing masks.”

But when it comes to listing in the quieter months like fall and winter, Wrubel said there is merit in going against the grain – especially as society learns to live with the pandemic and daily activities resume.

“There are fewer homes on the market, so you have more people who still have to buy with less stock to look at,” she explained. “That is both within the pandemic and also pre- and post-pandemic, it doesn’t matter. So, if you list in the winter market, you’ll look better anyways because you are one of the only options out there.”

Barnett added buyers and sellers can explore the fall and winter markets as an option, but it depends on the existing inventory in the area.

“If there is less inventory during that time and the home is in good condition, there will be strong demand from buyers,” she said. “But when competition in your price range is greater, there will be more price reductions in your negotiations. The only benefit is that there are more cash buyers in the market today, offering quicker exit strategies to sellers.”

As buyers and sellers consider the market, the professionals said it is best to consult an agent when determining the best time to explore a sale.

“Our commitment to our sellers is to present the facts for their specific home,” Garson said. “Knowing the statistics in specific markets is critical. Typically, most buyers are looking for more ‘turn-key’ or, at least homes they can move into and decorate as they live in the home.”

Wrubel added, “If you are thinking of listing, call a trusted agent and ask them how desirable your house might be if you already have a place to go. There is probably already a buyer out there for the right price. If you start too high, you could end up shooting yourself in the foot.”

Source: www.clevelandjewishnews.com

Author: BECKY RASPE | SPECIAL SECTIONS STAFF REPORTER braspe@cjn.org


3 Reasons to Invest, Even When the Stock Market Is Rocky

3 Reasons to Invest, Even When the Stock Market Is Rocky

The stock market is no stranger to volatility, but this year has been particularly brutal. After experiencing record highs over the last few months, the market took a turn for the worse in early September and entered correction territory.

This downturn can be concerning for investors, and you may be tempted to hold off on throwing more money into the stock market until it begins to stabilize. However, there are a few good reasons to keep investing even when the market is on shaky ground.

Man with his hands in his hair looking at red stock market arrow that went up but is now crashing down.

Image source: Getty Images.

Stock market downturns may not be great for your current portfolio but are fantastic opportunities for buying stocks at bargain prices. When stock prices drop, the market is essentially on sale.

If there’s a particular stock you have your eye on, you may be able to buy it for less if you invest when the market is volatile. Even if you’re investing in index funds, mutual funds, or ETFs rather than individual stocks, you can still get more for your money when stock prices are lower.

Investing during periods of volatility can pay off down the road, too, once the market eventually recovers. Any investor’s ultimate goal is to buy low and sell high, and downturns are great opportunities to buy when stock prices have come off their highs. Then, once the market bounces back and stock prices increase, your investments will be more valuable when you’re ready to sell.

Investing is playing the long game, especially if you’re saving for retirement. It can take decades to build a robust retirement fund, so there’s no time to waste.

If you stop investing every time the market is rocky, you’re missing out on valuable time to save. That, in turn, will make it more challenging to reach your retirement goals.

That’s not to say it’s impossible to retire on time, even if you stop investing during periods of volatility, but you’ll need to save more each month to catch up. Compound interest helps your savings grow exponentially when you save consistently, so if you’re taking breaks from saving every time the market falls, it will be tougher for compound interest to do its job. As a result, you’ll need to work harder and save more.

It can be intimidating to invest when stock prices are dropping by the day, but try to focus on the long term rather than the short term.

Historically, the stock market has recovered from each and every crash it’s experienced, making it highly likely it will bounce back from this downturn, as well. It could take time, but if you’re investing for the long term, it won’t matter what the market is doing at the moment.

^SPX Chart

^SPX data by YCharts.

Although the market experiences loads of short-term ups and downs, the overall trend over time is positive. As long as you’re investing in solid companies and funds that have a proven track record of success, there’s a good chance your investments will bounce back eventually. By riding out the storm and continuing to invest when the market is rocky, you’ll reap the rewards once it recovers.

Investing in the stock market can be nerve-wracking during strong economic times, but it’s even more intimidating during periods of volatility. However, by taking advantage of this stock market slump and continuing to invest, your investments can come out the other side stronger than ever.

Source: www.fool.com

Author: Katie Brockman


Stock Market News for Oct 1, 2020

Stock Market News for Oct 1, 2020

Wall Street closed higher on Wednesday on the back of a second round of fiscal stimulus hope. Moreover, several better-than-expected economic data also boosted investors’ confidence. All the three major stock indexes ended in the green. However, for the month, these indexes finished in negative territory while for the third quarter, indexes ended in positive territory.

The Dow Jones Industrial Average (DJI) surged 1.2% or 329.04 points to close at 27,781.70, reversing previous day’s loss. Notably, 28 components of the 30-stock index ended in the green while 2 finished in red. The blue-chip index is 2.7% below to become green year to date.

Moreover, the tech-laden Nasdaq Composite finished at 11,167.51, gaining 0.7% due to the strong performance by large-cap stocks, terminating previous day’s loss.

Meanwhile, the S&P 500 rose 0.8% to end at 3,363.00, reversing previous day’s loss. The Financials Select Sector SPDR (XLF) and the Health Care Select Sector SPDR (XLV) advanced 1.4% and 1.6%, respectively. Notably, nine out of eleven sectors of the benchmark index closed in positive zone and two in the red.

The fear-gauge CBOE Volatility Index (VIX) was up 0.4% to 26.37. A total of 10.38 billion shares were traded on Wednesday, higher than the last 20-session average of 10.07 billion. Advancers outnumbered decliners on the NYSE by a 1.20-to-1 ratio. On Nasdaq, a 1.06-to-1 ratio favored advancing issues.

House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin met for the first time since August to negotiate about the size of the new fiscal stimulus. However, the 90-minute long meeting failed to achieve a decisive conclusion. Meanwhile, the Democrats have reduced the deal size to $2.2 trillion from $3.4 trillion demanded earlier while the Republicans have raised the deal size to $1.5 trillion from $1 trillion offered earlier.

The House speaker said she and Mnuchin had an “extensive conversation” and “found areas where we are seeking further clarification.” Mnuchin said that he is hopeful for a deal anytime soon although disputes over state and local government aid and liability protections for businesses needs to resolve.

Consequently, stocks sensitive to the economic recovery, including banks and cruise operators performed strongly. Shares of The Goldman Sachs Group Inc. (GS – Free Report) , Citigroup Inc. (C – Free Report) and Norwegian Cruise Line Holdings Ltd. (NCLH – Free Report) surged 2.1%, 1.6% and 3.4%, respectively. The Goldman Sachs carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

The Department of Commerce reported that the U.S. economy plunged 31.4% in the second quarter of 2020. This was the third and final estimate of the second quarter GDP. The first estimate was a decline of 32.9% and the second estimate was a drop of 31.7%. Decline in consumer spending was revised to 33.2% from 34.1% reported earlier.

ADP/Moody’s Analytics reported that the U.S. private sectors added 749,000 jobs in September. Data for August was revised upward from 428,000 to 481,000. Trade, transportation and utilities and manufacturing are the two main recruiters with 186,000 and 130,000 jobs, respectively.  Large-sized, mid-sized and small-sized  businesses added 297,000, 260,000 and 192,000 jobs respectively.

The National Association of Realtors reported that pending home sales increased 8.8% in August compared with 5.9% in July.

Wall Street had a disappointing September this year. All the three major stock indexes – the Dow, the S&P 500 and the Nasdaq Composite – tumbled 2.3%, 3.9% and 5.2%, respectively, marking their first monthly decline since March. Moreover, all three indexes recorded worst September since 2011.

A spike in coronavirus news cases in several countries of Europe and some states in the United States, conflicting news on the availability of COVID-19 vaccine, uncertainty regarding the fresh round of fiscal stimulus from the U.S. government, intensifying geo-political conflict with China and the upcoming U.S. Presidential election are the reasons for market volatility.

The third quarter of 2020 was very impressive for Wall Street. The Dow, the S&P 500 and the Nasdaq Composite – surged 7.6%, 8.5% and 11%, respectively. The Dow and the S&P 500 recorded six positive quarters in seven. The Nasdaq Composite posted third positive quarter in fourth. All the three indexes gained significantly in July and August but tumbled in September.

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From thousands of stocks, 5 Zacks experts each picked their favorite to gain +100% or more in months to come. From those 5, Zacks Director of Research, Sheraz Mian hand-picks one to have the most explosive upside of all.

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Source: www.zacks.com

Author: Zacks Investment Research


Footwear Market will Showcase Negative Impact during 2020-2024 | Design and Material Innovations to Boost the Market Growth | Technavio

Footwear Market will Showcase Negative Impact during 2020-2024 | Design and Material Innovations to Boost the Market Growth | Technavio

LONDON–(BUSINESS WIRE)–Oct 2, 2020–

Technavio has been monitoring the footwear market and it is poised to grow by $ 42.06 bn during 2020-2024, progressing at a CAGR of over 2% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201001005812/en/

Technavio has announced its latest market research report titled Global Footwear Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. adidas AG, ASICS Corp., Burberry Group PLC, New Balance Athletics Inc., Nike Inc., PUMA SE, Skechers USA Inc., Under Armour Inc., VF Corp., and Wolverine World Wide Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Design and material innovations have been instrumental in driving the growth of the market. However, rising labor cost and fluctuating raw material prices might hamper market growth.

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.Download a Free Sample Report on COVID-19 Impacts

Footwear Market 2020-2024: Segmentation

Footwear Market is segmented as below:

  • Product
    • Non-athletic Footwear
    • Athletic Footwear
  • End-user
    • Women
    • Men
    • Children
    • Distribution Channel
      • Offline
      • Online
      • Geography
        • APAC
        • North America
        • Europe
        • South America
        • MEA
        • Footwear Market 2020-2024: Scope

          Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The footwear market report covers the following areas:

          • Footwear Market Size
          • Footwear Market Trends
          • Footwear Market Industry Analysis

          This study identifies high influence of celebrity endorsements on customer purchase decisions as one of the prime reasons driving the footwear market growth during the next few years.

          Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

          Register for a free trial today and gain instant access to 17,000+ market research reports.

          Technavio’s SUBSCRIPTION platform

          Footwear Market 2020-2024: Key Highlights

          • CAGR of the market during the forecast period 2020-2024
          • Detailed information on factors that will assist footwear market growth during the next five years
          • Estimation of the footwear market size and its contribution to the parent market
          • Predictions on upcoming trends and changes in consumer behavior
          • The growth of the footwear market
          • Analysis of the market’s competitive landscape and detailed information on vendors
          • Comprehensive details of factors that will challenge the growth of footwear market vendors

          Table of Contents:

          Executive Summary

          • Market Overview

          Market Landscape

          • Market ecosystem
          • Value chain analysis

          Market Sizing

          • Market definition
          • Market segment analysis
          • Market size 2019
          • Market outlook: Forecast for 2019 – 2024

          Five Forces Analysis

          • Five forces summary
          • Bargaining power of buyers
          • Bargaining power of suppliers
          • Threat of new entrants
          • Threat of substitutes
          • Threat of rivalry
          • Market condition

          Market Segmentation by Product

          • Market segments
          • Comparison by Product
          • Non-athletic footwear – Market size and forecast 2019-2024
          • Athletic footwear – Market size and forecast 2019-2024
          • Market opportunity by Product

          Market Segmentation by End-user

          • Market segments
          • Comparison by End-user
          • Women – Market size and forecast 2019-2024
          • Men – Market size and forecast 2019-2024
          • Children – Market size and forecast 2019-2024
          • Market opportunity by End-user

          Market Segmentation by Distribution channel

          • Market segments
          • Comparison by Distribution channel
          • Offline – Market size and forecast 2019-2024
          • Online – Market size and forecast 2019-2024
          • Market opportunity by Distribution channel

          Customer landscape

          • Overview

          Geographic Landscape

          • Geographic segmentation
          • Geographic comparison
          • APAC – Market size and forecast 2019-2024
          • North America – Market size and forecast 2019-2024
          • Europe – Market size and forecast 2019-2024
          • South America – Market size and forecast 2019-2024
          • MEA – Market size and forecast 2019-2024
          • Key leading countries
          • Market opportunity by geography
          • Volume driver – Demand led growth
          • Market challenges
          • Market trends

          Vendor Landscape

          • Overview
          • Vendor landscape
          • Landscape disruption

          Vendor Analysis

          • Vendors covered
          • Market positioning of vendors
          • adidas AG
          • ASICS Corp.
          • Burberry Group PLC
          • New Balance Athletics Inc.
          • Nike Inc.
          • PUMA SE
          • Skechers USA Inc.
          • Under Armour Inc.
          • VF Corp.
          • Wolverine World Wide Inc.

          Appendix

          • Scope of the report
          • Currency conversion rates for US$
          • Research methodology
          • List of abbreviations

          About Us

          Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

          View source version on businesswire.com:https://www.businesswire.com/news/home/20201001005812/en/

          CONTACT: Technavio Research

          Jesse Maida

          Media & Marketing Executive

          US: +1 844 364 1100

          UK: +44 203 893 3200

          Email:media@technavio.com

          Website:www.technavio.com/

          KEYWORD:

          INDUSTRY KEYWORD: MANUFACTURING FASHION OTHER RETAIL TEXTILES RETAIL

          SOURCE: Technavio Research

          Copyright Business Wire 2020.

          PUB: 10/02/2020 02:00 AM/DISC: 10/02/2020 02:00 AM

          http://www.businesswire.com/news/home/20201001005812/en

          Copyright Business Wire 2020.

          Source: www.bakersfield.com


          Trend Trading Report for Oct. 1 | Futures

          Trend Trading Report for Oct. 1 | Futures

          Trade Ideas

          Andrew Strasman

          Trend Following Index Real-Time Trades

          Trend Following Index Real-Time Trades

          There are 5 Long Positions and 4 Short Positions currently:

          Trades Today:

          Current Long Positions:

          C | S | W | CT | LH |

          Current Short Positions:

          EU | HO | NG | KC |

          About the Author

          Andrew Strasman is a co-founder of The Transparent Index Group, LLC. and a 25-year veteran trader, registered CTA and the sole principal of Totem Asset Group, LLC. 

          Source: www.futuresmag.com

          Author: Andrew Strasman


          GoldMining Announces Approval for Listing on NYSE American and Inaugural Trading Date

          GoldMining Announces Approval for Listing on NYSE American and Inaugural Trading Date

          VANCOUVER, BC, Oct. 1, 2020 /PRNewswire/ – GoldMining Inc. (the “Company” or “GoldMining”) (TSX: GOLD) (OTCQX: GLDLF) is pleased to announce that its common shares (the “Common Shares”) have been approved for listing and trading on the NYSE American. The Company expects that its Common Shares will commence trading at market open on the NYSE American on October 6, 2020 under the symbol “GLDG” and will be delisted from the OTCQX.

          The Common Shares will continue to trade on the Toronto Stock Exchange under the ticker symbol “GOLD”.

          Amir Adnani, Chairman, stated: “We are pleased to announce our listing on the NYSE American stock exchange, which will provide enhanced access to the world’s largest and most liquid equity market, increasing our exposure to a larger and substantially more diverse audience of institutional and retail investors. 

          Recently, we have announced new strategic initiatives and taken important measures to further our strategy and leverage our expansive diversified portfolio of resource-stage gold projects. These included recent high-profile senior management appointments and the launch of Gold Royalty Corp., our royalty-focused subsidiary. Listing on the NYSE American constitutes an additional and significant step on the road to deliver exceptional value to our shareholders.”

          About GoldMining Inc.

          GoldMining Inc. is a public mineral exploration company focused on the acquisition and development of gold assets in the Americas.  Through its disciplined acquisition strategy, GoldMining now controls a diversified portfolio of resource-stage gold and gold-copper projects in Canada, U.S.A., Brazil, Colombia and Peru. 

          Qualified Person

          Paulo Pereira, President of GoldMining Inc. has reviewed and approved the technical information contained in this news release.  Mr. Pereira holds a Bachelors degree in Geology from Universidade do Amazonas in Brazil, is a Qualified Person as defined in Canadian National Instrument 43-101 and is a member of the Association of Professional Geoscientists of Ontario.

          Forward-looking Statements

          This document contains certain forward-looking statements that reflect the current views and/or expectations of GoldMining with respect to its business and future events, including statements with respect to the expected listing date on the NYSE American and the Company’s long-term plans.  Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the markets in which GoldMining operates.  Investors are cautioned that all forward-looking statements involve risks and uncertainties, including: the Company continuing to meet the listing requirements of the NYSE American as at the expected time for commencement of trading, the inherent risks involved in the exploration and development of mineral properties, the uncertainties involved in interpreting drill results and other exploration data, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with GoldMiningꞌs expectations, title and permitting matters, fluctuating metal prices and uncertainties relating to the availability and costs of financing needed in the future.  These risks, as well as others, including those set forth in GoldMiningꞌs Annual Information Form for the year ended November 30, 2019, management’s discussion and analysis for the three months ended February 29, 2020 and other filings with Canadian securities regulators, could cause actual results and events to vary significantly.  Accordingly, readers should not place undue reliance on forward-looking statements and information.  There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward looking information, will prove to be accurate.  GoldMining does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.

          SOURCE GoldMining Inc.

          www.goldmining.com

          Source: www.prnewswire.com

          Author: GoldMining Inc.


          Timing market to buy, sell offers benefits


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