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
U.S. stock futures pushed into the green after a Wall Street Journal report announced the U.S. would delay tacking on additional tariffs on Chinese products. They were originally scheduled to go in effect on Dec. 15. Source: Shutterstock Against this backdrop, futures on the Dow Jones Industrial Average are up 0.09% and S&P 500 futures
An ugly move to the downside Lots of winter left Island reversal is a target January is the peak season month for the demand side of the fundamental equation in the natural gas market. The winter months are the time of the year when stockpiles fall as the requirements for heating rise. On November 29,
Tonight on Sunday Night Futures live we discuss the stock charts of Japanese stocks. The technical analysis of the Japanese markets is very bullish. ✅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
James Gorman being interviewed in Davos, Switzerland, January 21, 2016. David A. Grogan | CNBC Morgan Stanley is cutting roughly 2% of its workforce due to an uncertain global economic outlook, according to people with knowledge of the situation. The job cuts at the investment bank, the world’s biggest equities trading firm and a leading
Wepix | Getty Images Stock investors are hedging in a big way against something scary coming at them this time next year and it could be related to the outcome of the presidential election. The price of buying downside puts, meaning a negative bet on the S&P 500 is at a historical level compared to
Less than a month ago, I wrote a piece on InvestorPlace detailing five “lottery stocks” — or high-risk, high-reward stocks with huge long-term upside potential — that were worth buying because their risk-reward profiles were starting to skew strongly towards the reward side. Normally, when you buy lottery ticket stocks, you hope all of them work
Ford (NYSE:F) stock has an illusory high dividend yield. The company still can’t afford the quarterly 15 cent payment. So, investors shouldn’t be fooled by the 6.7% yield. Source: Proxima Studio / Shutterstock.com This isn’t my fist time highlighting the flaws of Ford’s dividend. Since I last wrote about the company Sept. 12, F stock