Scammers, fraudsters, insider traders, Ponzi schemers, stock spoofers — the Securities and Exchange Commission has seen it all. I spent a day at SEC headquarters with the regulators Chairman Jay Clayton and the co-directors of the Division of Enforcement, Stephanie Avakian and Steven Peikin. The highlight was a visit to the Forensics Lab, a copper-lined
Check out the companies making headlines before the bell: Southwest Airlines (LUV) – Southwest said it had struck a confidential agreement with Boeing (BA) over the grounding of the 737 Max aircraft. Details were not released but Southwest did say it would share the proceeds with its workers by adding $125 million to its profit-sharing
After a rocky summer, Shopify (NASDAQ:SHOP) stock has been on fire. With its latest rise, it’s got investors wondering if new all-time highs could be in store, possibly by year end. Source: Beyond The Scene / Shutterstock.com Shopify stock is a very tough one for investors to size up. I consider myself a growth-stock investor,
Exxon Mobil Corporation (NYSE:XOM) stock is trading at the same level as it was during the beginning of 2019. Even with company-specific positives, Exxon stock has remained sideways due to economic headwinds. Source: Michael Gordon / Shutterstock.com As XOM consolidates in the $67 to $75 range, I believe that investors can consider exposure to the
AT&T (NYSE:T) is having a great year in the markets. Up 40.4% in 2019, including dividends, through December 9, it seems AT&T stock can do no wrong. Source: Lester Balajadia / Shutterstock.com If T stock was a boxing match, Mad Money host Jim Cramer would be in one corner while MoffettNathanson analyst Craig Moffett would
U.S. stock futures are circling unchanged this morning. Yesterday’s Federal Reserve meeting was a non-event with the monetary magicians holding interest rates steady as expected. The low volatility grind continues. Source: Shutterstock Ahead of the bell, futures on the Dow Jones Industrial Average are down 0.10% and S&P 500 futures are lower by 0.03%. Nasdaq
In Swing Trading Today we discuss if after the Federal Reserve’s dovish announcement if it is time to buy gold. ✅Join out VIP Private Group session invitation list free! (we hate spam too) https://thecontrariantrader.com/15-minute-live-stream-alert/ ✅Please Take Our 2 minute Survey- Help us understand your pain points with trading- Then we focus on them until they
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee meeting in Washington, D.C., on Wednesday, June 19, 2019. Andrew Harrer | Bloomberg | Getty Images This is a breaking news story. Please check back for updates. Federal Reserve Chairman Jerome Powell said on Wednesday that
I spent a day at the Security and Exchange Commission’s headquarters with SEC Chairman Jay Clayton and the co-directors of the Division of Enforcement, Stephanie Avakian and Steven Peikin. The highlight was a visit to the Forensics Lab, a copper-lined room where the SEC extracts data from cell phones and computers that are part of
Federal Reserve Chairman Jerome Powell made it clear the central bank will not move on interest rates unless it sees a significant and persistent move in inflation, which has been stubbornly below the Fed’s target. Markets took Powell’s comments as dovish, meaning the Fed is leaning toward an easing policy and keeping interest rates low
Shares of Chinese technology giant Alibaba (NYSE:BABA) finally took out the $200 level in late November 2019 amid easing U.S.-China trade tensions. That brings the 2019 gain of Alibaba stock to nearly 50%. It also puts BABA stock at its all-time highs. Source: BigTunaOnline / Shutterstock.com Up 50% over the past 11-12 months? Trading at
Whether you’re a conservative investor socking away funds for retirement or a seasoned day trader, solid dividend stocks always make a good portfolio stuffer. While most passive income-generating companies won’t make you rich, they can provide stability, especially in uncertain times. Plus, if we incur a downturn in the markets, dividend payers tend to lose
U.S. equities have stalled on Wednesday as Wall Street prepares for a barrage of catalysts including policy decisions by the Federal Reserve and European Central Bank as well as the outcome of the United Kingdom’s latest election — which will have implications for whether or not Brexit actually happens. We are also fast approaching the
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
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