The Federal Reserve met today and, as expected, the central bank didn’t reveal an interest rate reduction. Add to that, the takeaway appears to be that the Fed won’t cut rates next year, but equities liked that news as stocks posted a decent Wednesday rally. Source: Provided by Finviz The S&P 500 jumped 0.29% The Dow
Month: December 2019
Silver hasn’t given traders much to cheer about lately. Following the peak in September it’s been a story of aborted pops and failed follow-through. But is the chart starting to say a different story now? Let’s look at some common indicators and see what they’re saying. (Source: Fidelity.com) This is the chart of SLV for
Colin Anderson | Getty Images A new venture capital firm that will invest in companies that are fundamentally shifting how the energy sector operates said it has raised $250 million for its first fund. San Francisco-based Piva on Wednesday announced in a press release that its sole limited partner is Petronas, Malaysia’s state-owned oil and
Check out the companies making headlines before the bell: Home Depot (HD) – The home improvement retailer forecast 2020 sales growth below consensus estimates, due to the fact that its “One Home Depot” strategy is not yet generating as much revenue as it had expected. GameStop (GME) – GameStop reported a quarterly loss of 49
It’s been a disappointing year for investors who have bought into the initial public offering of two transportation-service companies. Lyft Inc (NYSE:LYFT) and Uber Technologies (NYSE:UBER) are both down by nearly 38% since the IPO. However, I believe that 2020 and beyond might be better for Uber and Lyft. In-sync with this view, Lyft stock
If you invested in Snapchat stock (NYSE:SNAP) on Jan. 2, 2019, you’ve had a good year. The SNAP stock price has grown 162% year-to-date. But if you look at the long-term trajectory, the stock is telling a different story. Source: dennizn / Shutterstock.com Since the company’s initial public offering (IPO) in March 2017, the stock
U.S. stock futures are trading mixed ahead of the opening bell this morning. Volatility expectations are subdued ahead of today’s Federal Reserve meeting. The market is baking in a nearly 100% chance the Fed holds the target for its Fed Funds rate steady at 1.5%-1.75%. Source: Shutterstock In early morning trading, futures on the Dow
OPEC increases output cuts The Saudis want a higher price Iran continues to be a problem Twice each year, the oil ministers of the international cartel gather in Vienna, Austria, to decide on production policy for the next six months. On December 5, the meeting was only open to members, but on December 6, non-OPEC
In Swing Trading Today we discuss the Federal Reserves announcement today. Will the stock market rally on a new QE4 program? If so will Gold and Silver begin to breakout as we expect. This morning we will do some technical analysis. ✅Join out VIP Private Group session invitation list free! (we hate spam too) https://thecontrariantrader.com/15-minute-live-stream-alert/
Howard Marks, Co-Chairman, Oaktree Capital David A. Grogan | CNBC Investors should take some risk off the table in 2020 given some of the challenges the market faces, billionaire investor Howard Marks said on Tuesday. “The economic expansion and the bull market are old,” Marks told CNBC’s Wilfred Frost. “Valuations are above average. There’s a
Federal Reserve Chairman Jerome Powell holds a news conference following a closed two-day Federal Open Market Committee meeting in Washington, September 18, 2019. Sarah Silbiger | Reuters The Federal Reserve is likely to indicate it’s not in a hurry to do anything to change its neutral stand on interest rates, following its meeting Wednesday. But
Twilio (NYSE:TWLO) announced its third-quarter results on Oct. 30. While top- and bottom-line results beat analysts’ average estimates, investors didn’t like the company’s Q4 guidance. They sent Twilio stock below $100 for the first time since early January. In the process, I got egg all over my face. That’s because I wrote a piece on
As growth investors look for a good place to put their money into as the year comes to a close, dividend stocks are beginning to look better and better. So far, the year-end rally that many investors were hoping for has not materialized. Also, President Donald Trump is now saying a trade deal with China
Wells Fargo (NYSE:WFC) stock has risen over 25% since its August lows. In late September, Wells Fargo announced it had hired a new CEO. And it’s safe to say that WFC stock has been on a sort of honeymoon hike since then. But for many investors, questions remain about its difficult fundamentals and relative valuation.
Stocks and other riskier assets found themselves in holding patterns on Tuesday as the U.S. and China reportedly continued hammering details on the initial phase of a trade agreement. After faltering on Monday, the major domestic equity indexes nudged lower again today. Source: Provided by Finviz The S&P 500 inched lower by 0.11% The Dow Jones
Today Innovative Industrial Properties, Inc. (IIPR) declared a Q4 2019 dividend of $1.00 per share of common stock, equating to an approximate 28% increase above the company’s Q3 2019 dividend of $0.78 per share, and about a 186% increase above its Q4 2018 dividend of $0.35 per share. IIPR is the first and only REIT
J.P. Morgan stock is up more than 37 percent this year, but analysts at Keefe Bruyette & Woods don’t expect a repeat of that performance in 2020. The firm downgraded the stock to “market perform” from “outperform,” and placed a target price of $135 on the shares, which were trading for $134.41 at the close
Check out the companies making headlines before the bell: AutoZone (AZO) – The auto parts retailer earned $14.30 per share for its first quarter, better than the $13.74 per share consensus estimate. Revenue beat forecasts as well, and comparable-store sales rose 3.4% versus the 2.5% rise expected by analysts surveyed by Refinitiv. HD Supply (HDS)
Looking back on the past decade, the 2010s have been a spectacular decade for stocks overall. But, of more importance, the 2010s were an even more spectacular decade for tech stocks. The internet went global. Everyone got a smartphone. And a smartwatch. And a smart tablet, smart car and smart appliances, too. E-commerce became a
As I’ve noted in previous columns for InvestorPlace, I’ve been a bull on Nokia (NYSE:NOK) stock for awhile. But of course, I’ve turned out to be very wrong about NOK stock. Source: RistoH / Shutterstock.com In 2019, Nokia stock has climbed just 39%, despite a strong bull market, which has lifted many tech stocks like
- « Previous Page
- 1
- …
- 11
- 12
- 13
- 14
- 15
- …
- 19
- Next Page »