International Monetary Fund chief economist Gita Gopinath speaks during a press conference in Washington D.C., on April 9, 2019. Liu Jie | Xinhua News Agency | Getty Images The outlook for the global economy keeps getting bleaker, the chief economist at the International Monetary Fund said Friday. “As the year is progressing, it’s getting harder
Month: August 2019
Wall Street is still nervous and for good reason. The economic global wars are escalating especially between the US and China. Just Friday and ahead of the G7 meetings, China announced resuming its tariffs on US autos. So the politicians continue to pick on headline scabs and cause upside breakout setups to fail at inopportune
The final week of August — the bittersweet end of summer for many— could be highly volatile, as markets fret over the economy and the latest developments in trade wars. President Donald Trump joins the G-7 leaders in France over the weekend, and markets will be watching to see if the meeting exposes new fault
[Editor’s note: This story was previously published in February 2019. It has since been updated and republished.] Another day, another hack, another reason to buy a cybersecurity stock. That has been my motto for the better part of the past few years, as a huge surge in digital data volume globally has been accompanied by
Earlier this year, I shared my thoughts on the shares of online discounts marketplace Groupon (NASDAQ:GRPN). My thesis was pretty simple. Specifically, I believed that, over the long-term, Groupon has staying power in the commerce world as a go-to discounts marketplace for a loyal base of consumers, and that GRPN stock would rise meaningfully. But
Chinese shipping containers are stored beside a US flag after they were unloaded at the Port of Los Angeles in Long Beach, California on May 14, 2019. – Global markets remain on red alert over a trade war between the two superpowers China and the US, that most observers warn could shatter global economic growth,
It was a Rorschach test of sorts, in that investors read what they wanted into comments made by Federal Reserve Chairman Jerome Powell today in Jackson Hole, Wyoming. Then President Donald Trump responded. Powell said there is no “rulebook” for a trade war and promised that the Fed would “act as appropriate to sustain the
The latest escalation in the trade war between the U.S. and China increases odds the U.S. economy will fall into recession— and that the Federal Reserve will try to stop it with more aggressive interest rate cuts. President Donald Trump called on U.S. companies Friday to find alternatives to China, following a new round of
The trade war between the United States and China shows no signs of abating. This is reason enough to be fearful while considering exposure to a stock that derived 66.6% of 2018 revenue from China. Qualcomm (NASDAQ:QCOM) stock has been hit by the trade war and the impact on its growth in likely to persist
These days, the healthcare stocks are looking pretty healthy compared to stocks in other spaces. Despite political pressures about lowering costs, “Medicare for All” and importing drugs, the sector has been riding high on a wave of optimism and growth. Demand for various healthcare solutions continues to rise as our aging population simply requires more.
Food and product packaging: there’s nothing controversial about that, right? It seems perfectly safe to invest in this industry, and particularly in Sealed Air (NYSE:SEE) stock, which has traded in a rather boring range for three months now. Source: Shutterstock There’s nothing boring, however, about this company lately as a government investigation has shaken some
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: In this lesson, we briefly talked about the difference between risks and rewards. We learned that the 10 year Federal Note
What Is the Double Top Reversal Pattern? -You need a prior trend that is positive in order for it to be a reversal -There are usually two points that force a stock to reverse -As the stock climbs upward, it hits the first top, the stock goes down (sentiment is saying the stock is too
Kevin Matras shows how to calculate a stock’s price target and how to find stocks currently trading below them. Highlighted stocks include CAR, HA, HLX, IACI and ULTI. http://www.zacks.com/
St. Louis Federal Reserve President James Bullard said Friday the central bank should continue to ease monetary policy because of the recession signal being flashed by the bond market. “The yield curve is inverted here. We’ve got one of the higher rates on the yield curve here. That’s not a good place to be,” Bullard told CNBC’s
Wednesday’s bullishness faded on Thursday, with investors mostly spooked by this month’s manufacturing activity. IHS Markit says the purchasing manager’s index fell below the 50 level last month, for the first time since September 2009. The data jibes with a weak new orders figure. Investors were also conflicted about comments made by German Chancellor Angela
Kuni Takahashi | Bloomberg | Getty Images Check out the companies making headlines after the bell: Shares of Gap slid as much as 7% before settling around 1% lower in extended trading after the retailer posted second-quarter sales that missed estimates. The company reported adjusted earnings per share of 63 cents on revenue of $4.01
The invention of the smartphone changed the game as far as consumer electronics go. Apple (NASDAQ:AAPL) rode the iPhone to unbelievable profits and its current status as one of the world’s most valuable companies. Investors are looking for the next big technological inflection point, and a lot of them have latched onto the internet of things
For a stock that gets as much attention as Netflix (NASDAQ:NFLX), one “minor” detail seems to be going overlooked these days. Down more than 23% from its 52-week high, Netflix stock, believe it or not, is currently mired in a bear market. Source: Riccosta / Shutterstock.com So what’s ailing once-beloved Netflix stock? Fortunately, the question
Bullish sentiment for gold continues to climb, and is now at the third highest levels in the past decade. While bullish sentiment for gold finished the day at 80% bulls Wednesday, the long-term sentiment moving average has reached the 85% level. I do not see this as an opportune time to be doing any buying