DELRAY BEACH, Fla. — It’s a breezy Tuesday evening in South Florida and Coco Gauff is hanging out in the Delray Beach park where she probably spent more waking hours of her childhood than anywhere except her family home.Her dad, Corey, is here in Pompey Park. So is her grandfather, Eddie ‘Red’ Odom. The baseball field on the other side of the trees is named for him. An aunt is here. Seemingly every other person says they are a cousin.A bunch of little kids who look like Gauff once did are whacking tennis balls on a couple of free public…
Author: usaeverydaylife
Any rally in the stock market next week is unlikely to be sustainable until there’s clarity on the tariff front, something investors won’t get until April 2nd when a number of levies are expected to take effect. Stocks have bounced somewhat from their oversold condition this week, after a surprisingly dovish tone out of the latest Federal Reserve meeting, and some stronger-than-expected economic data, encouraged investors nervous about the impact President Donald Trump’s tariff policies will have on the U.S. economy. .SPX 5D mountain S & P 500 However, with little clarity on the tariff front, the stock market is…
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City. Spencer Platt | Getty ImagesStock market corrections are commonFirst, there is some consolation for investors. Though they may feel painful, stock market corrections are fairly common.There have been 27 market corrections since November 1974, including last week’s market move, according to Mark Riepe, head of the Schwab Center for Financial Research. That amounts to roughly one every two years or so, on average.Most of them haven’t cascaded into something more sinister. Just six of those corrections became “bear markets” (in 1980, 1987, 2000, 2007, 2020…
(Check out Carter’s worthcharting.com for actionable recommendations and live nightly videos.) Tesla is flirting with a break in trend. We would continue to reduce exposure to the stock. Tesla’s 12-week, 55% decline leaves the stock down to a well-defined, multi-year trendline in effect since 2019 when TSLA traded at $12 a share. Bulls are making a stand here, believing that the stock now is very cheap. Bears are pressing their bets, believing the worst is yet to come. From a technical standpoint, breaking trend is never good. We ourselves believe that’s what’s in store for Tesla. We remain sellers. DISCLOSURES:…
Janet Rilling heads the plus fixed -income team at Allspring Global Investments.Courtesy: Allspring Global InvestmentsJanet Rilling’s path to success started with her first investment as a teenager.Today the Wisconsin native, a senior portfolio manager and head of the plus fixed income team at Allspring Global Investments, is among the top female fund managers named at Morningstar.Rilling’s interest in finance was spurred by her father.”He did personal investing and around the dinner table, we’d have conversations,” Rilling said.She opened her first certificate of deposit when she was 16 and bought her first mutual fund in an individual retirement account while at…
Tesla CEO Elon Musk watches as President Donald Trump talks to the media, outside the White House in Washington, D.C., March 11, 2025.Kevin Lamarque | ReutersDuring Elon Musk’s two months in Washington, D.C., Tesla shares have been on a precipitous decline, losing over 40% of their value.Protests and campaigns against Tesla, Musk and his work in the Trump White House have erupted around the world. Criminal acts of vandalism and arson have also targeted some Tesla electric vehicles, showrooms and charging stations in a string of incidents in the U.S. and across Europe.At an all-hands meeting with Tesla employees on…
Two of the biggest phases of the NFL offseason — the hiring cycle and the initial rush of free agency — are in the books. The draft looms in roughly a month. Soon after, coaches and players will begin the early steps of on-field preparation for their seasons.But this truly is the stage where foundations are laid, and where NFL owners prove themselves as either committed and competent leaders, mere window-dressers or meddlesome self-saboteurs.Every owner professes a desire to build a winning franchise, but not everyone truly cares about winning as much as they would have you believe. And very…
As Ukraine and Russia prepare for talks that would place a temporary halt on strikes on energy infrastructure, each side has continued to accuse the other of fresh attacks on the power grid, underscoring the deep mistrust between them.Overnight into Friday, part of a major Russian energy facility near the Ukrainian border that once pumped natural gas to western Europe was set ablaze in an attack that each country accused the other of launching. Videos shared by Russian military bloggers and verified by The New York Times showed a large fire at the gas metering station, with what appeared to…
Nvidia CEO Jensen Huang interviews executives from quantum computing firms at Nvidia’s annual developer conference in San Jose, California, U.S., March 20, 2025. Stephen Nellis | ReutersNvidia CEO Jensen Huang spoke at the chipmaker’s annual conference on Thursday, aiming to walk back past comments on the decadeslong timeline needed for useful quantum computers.But his latest foray into the quantum world appeared to have the opposite effect. Despite Huang’s public change of tune, several key stocks in the sector tumbled on Thursday, with D-Wave tanking 18% and the Quantum Defiance ETF (QTUM) dropping 2%.At Nvidia’s first-ever “Quantum Day” event on Thursday, Huang…
U.S. President Donald Trump delivers remarks with Defense Secretary Pete Hegseth (not pictured) in the Oval Office at the White House, in Washington, D.C., U.S., March 21, 2025. Carlos Barria | ReutersPresident Donald Trump said Friday that the Small Business Administration, instead of the U.S. Department of Education, would handle the country’s federal student loan portfolio.”We have a portfolio that is very large, lots of loans, tens of thousands of loans, pretty complicated deal,” Trump said, speaking to reporters in the Oval Office. “That’s coming out of the Department of Education immediately.””They’re all set for it,” the president said of the…