These days, the news cycle is driving the show. It seems that every day, how the market finishes is 100% based on what’s going on with the trade war, what the Federal Reserve is doing, or just how good or bad the data has been. For conservative or investors near or in retirement, it can
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If we really are headed toward a market downturn, the share price of mobile-gaming specialist Zynga (NASDAQ:ZNGA) isn’t showing it. Since the opening volley of this year, Zynga stock has gained a mind-blowing 56%. Moreover, its recent earnings beat for the second quarter provides a fundamental basis for optimism. Source: 360b / Shutterstock.com The gaming
It was a very quiet day in the stock market today, with the S&P 500 and Dow Jones Industrial Average finishing close to flat on Thursday. The SPDR S&P 500 ETF (NYSEARCA:SPY) fell 1 basis point, the SPDR Dow Jones Industrial Average (NYSEARCA:DIA) dropped 0.2% and the PowerShares QQQ ETF (NASDAQ:QQQ) rallied almost 0.2%. We’ve
Today Cronos Group Inc. (CRON) and MediPharm Labs Corp. announced entering into a multi-year contract manufacturing agreement (“CMA”). Pending approval from Health Canada, MediPharm will begin filling and packaging vaporizer devices for Cronos Group’s adult-use brand, COVE?. The two companies signed a CMA whereby MediPharm will utilize its proprietary expertise and equipment to fill premium
CNBC; Getty Images AT&T is not considering a split with its DirecTV unit right now, people familiar with the situation tell CNBC’s David Faber. The company is focusing on a variety of other options to improve its business in the wake of a new activist campaign at the telecom giant. A Wall Street Journal report
Check out the companies making headlines before the bell: Darden Restaurants – The parent of Olive Garden and other restaurant chains reported adjusted quarterly profit of $1.38 per share, a penny a share above estimates. Revenue came in just below forecasts. Comparable-restaurant sales were up 0.9%, shy of the 1.3% increase forecast by analysts surveyed
[Editor’s note: “7 U.S. Stocks to Buy With Limited Trade War Exposure” was previously published in June 2019. It has since been updated to include the most relevant information available.] The global trade war is far from over. The U.S. and China have not yet made deal. So long as this trade war hangs around,
Qualcomm (NASDAQ:QCOM) stock has managed to grind higher. Volatile trading in QCOM stock in 2019 has been no surprise: news surrounding the stock has been frequent, and important. Of late, that news has been mostly positive, allowing Qualcomm stock to rise. Source: jejim / Shutterstock.com But at this point, it certainly looks like the easy
Like others in the cannabis industry, Canopy Growth Corp (NYSE:CGC) is facing some challenges. CGC stock has performed poorly and the company is losing large amounts of money. Source: Shutterstock In fiscal 2017, it reported losses of about $55 million. In 2018, CGC posted even greater losses of around $670 million. This number is artificially
U.S. stock futures are circling unchanged this morning after a quiet reaction to yesterday’s Federal Reserve announcement. The central bank cut its target rate by a quarter-point as expected, and the market is taking the news in stride. With the uncertainty of the meeting out of the way, it looks like the uptrend carrying stocks
Now that we have that out of the way let’s talk. Your friendly Gold Enthusiast has not been a fan of the timing of interest rate changes by the Fed. In his opinion, the Fed raised rates about 2 years later than was prudent. After all, isn’t the best advice to save when you’re making
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 first learned that a bond is nothing more than a loan. There are many forms of bonds
What is the Head and Shoulders Reversal Pattern? -The stock bounces off of the support line three times, making a head and shoulders pattern -On the first shoulder, the volume is high -The volume is lower on the uptrend that creates the head -People are not voting for the stock to go up. This low
Kevin Matras shows how to search for stocks with increasing Cash Flows, but low Price to Cash Flow ratios. Highlighted stocks include BR, LCC, MRH, NFLX and PSEM.
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Lacy O’Toole | CNBC Berkshire Hathaway‘s executive Tracy Britt Cool is leaving the firm after a decade to start a company that replicates Warren Buffett’s business model. Cool, who joined Berkshire in 2009 as Buffett’s financial assistant, said she’s building an investment vehicle that acquires companies “too small for Berkshire,” The Wall Street Journal reported.
People walk past an AT&T store in New York on October 23, 2016. Kena Betancur | AFP |Getty Images Check out the companies making headlines after the bell: AT&T shares climbed more than 2% in extended trading following a Wall Street Journal report that the company is exploring a spinoff of DirectTV unit as its
Shares of Bank of America (NYSE:BAC) are up 22% year-to-date, putting the stock ahead of the Financial Select Sector SPDR (NYSEARCA:XLF), the largest financial services exchange-traded fund, by about 220 basis points. Source: Andriy Blokhin / Shutterstock.com Impressively, Bank of America stocks is up nearly 11% this month. Prior to today’s Federal Reserve rate cut
With the major indices scoring a fairly strong September, recession fears may have subsided for some. Plus, certain metrics for the U.S. economy appear healthy, suggesting that the bears are overplaying their hand. Thus, loading up on dividend stocks to buy for a coming downturn seems unnecessary. Of course, I don’t have a crystal ball:
In early May 2019, cloud computing and virtualization software giant VMware (NYSE:VMW) looked unstoppable. VMware was riding high on big-time partnerships with cloud platform giants Amazon (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT), the numbers looked great and VMW stock was soaring towards fresh all-time highs around $200. Source: Sundry Photography / Shutterstock.com But, as seasoned investors know,