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The US Stock Market 2020

The stock market went through drastic highs and lows this year. This is due to the pandemic, the presidential race, lawsuits, and even tweets. Read on for how these factors affected the biggest stock holders. Also, see who’s rising in the market and consider investing in them in 2021!

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S&P 500

First, we’ll look at the S&P 500 Index. Statista says,

 “Between March 4 and March 11, 2020, the S&P 500 index dropped by twelve percent, descending into a bear market. On March 12, the S&P 500 plunged 9.5 percent, its steepest one-day fall since 1987. The index began to recover at the start of April.”

As of April 14, the value was $2,850 per share, just a few hundred dollars below their pre-COVID era. Then, their value rose above $3,000 per share at the end of May. Since then, it’s gradually been rising. Now, as of December 15, the value is at $3,666 per share.

closeup photo of silver iMacSo, which companies fell out and which ones rose? The five biggest companies to soar in 2020 are:

  • Amazon (AMZN). Due to stay-at-home orders, Amazon revenue and stocks gained profit. CEO & Founder Jeff Bezos is now the richest man on the Forbes list! Each share is valued at $3,157.
  • JPMorgan Chase & Co. (JPM). America’s largest bank and 7th largest bank in the world. They faired okay during the pandemic. However, they did see a drop after making changes to their borrower policy. Their value is now worth $120 per share.
  • Visa (V). Overall, banks survived the pandemic thanks to the Federal Bank Act. Visa saw more success in 2020. Today’s value is at $209 per share.
  • Tesla (TSLA). Elon Musk’s engineering and company management skills are earning him big bucks. He also soared up on the Forbes list and is now at #7. But, his stock value does fluctuate according to what he tweets. Tesla is worth $639 per share.
  • Brookfield Property Reit Inc (BPYU). Despite worries that the housing market would tank due to evictions, business is good. BPYU is at $15.90 per share.

2020 Stocks

While the stock market tanked in March, overall it has been steadily returning back to its normal rate. However, the presidential race is an important factor now. Now that Joe Biden is confirmed for inauguration while son Hunter Biden is under legal fire, we will have to closely watch the stock market. Also, another factor affecting stocks is Bitcoin. It has recently seen a drastic increase in December. One Bitcoin is now worth 19,531.20 US dollars. Also, technology development and releases are contributing to the rising stocks. While Apple stagnated a little this year, they are expected to stay as the leading smartphone company.

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Overall, there’s no danger of a stock market crash. While Biden’s confirmation will affect Wall Street, stocks are expected to rise more in 2021. Check back for our 2021 stock prediction blog! And, please feel free to comment and let us know what shares you’re investing in.

 

Interested in marketing tips? Contact Redwood Creative today!

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Current Internet Trends – End of 2020

All throughout 2020, Internet activity expanded and went through various trends. Quarantine boredom pushed people to get creative. E-commerce is at levels higher than ever. Here’s a brief history of 2020’s Internet activity, then we’ll look at current trends.

 

The Internet: Jan 2020- Nov 2020

January saw a lot of tragedies and people expressed their sorrow on their social medias. The first two months, there was a strong sense of community as we comforted each other while Australia burned and a beloved basketball star passed. Despite the unfortunate events, we as a community briefly put aside our differences. Then comes March. Face mask memes went through the roof. We  promoted small businesses. With less social activity going on, the Internet experienced brand new levels of traffic. This was due to job hunting, online shopping, and people selling stuff around the house. And most of all, boredom curbing, whether it be connecting with loved ones virtually or YouTube. Summer brought us a lot of Tik-Tok videos. This is due to the potential TikTok ban. TikTok is still quite popular, especially with young adults between 16-24 years old.

Due to school being moved to online, students began to transfer to Internet University. Online teaching and learning resources expanded and improved.

As C-19 cases began to decrease around September and October, Internet activity decreased. Social media content typically included people going out again and enjoying life. And of course, the presidential election heat turned up. This brings us to current trends. The presidential race still hold’s the Internet’s attention. To reduce C-19, businesses are running their Black Friday sales online. For the most part, it seems that businesses are mashing Black Friday and Cyber Monday together. Hello free shipping!

 

Current Internet Trends

This brings us to December. Online holiday sales dominate the Internet now. And, people sharing more at-home Christmas craft ideas. Apps to help families connect over the holidays are popular, such as Zoom. Zoom offers best video and audio quality, as they worked diligently to make sure their video conference platform will be ideal for school and work. As the pandemic rises again and the temperature drops, people are online again. Internet activity includes sharing holiday photos, online holiday deals, and figuring out safe holiday activities (drive-thru lights!). Speaking of safety, people are now more aware about cookies and other aspects of Internet safety. It’s raving about the popular mobile device game Among Us. A game can last from a minute to 10, so it really helps pass the time.

If you run a business, now is the time to promote your holiday deals! Be sure to share nice holiday photos to help spread cheer. It’s a lot more acceptable to celebrate the holidays earlier than usual this year. We hope this Internet trends blog will help you stay up to date. Be safe out there on the Internet and happy online shopping!

 

 

Interested in marketing tips? Contact Redwood Creative today!