President Donald Trump holds a campaign rally in Dallas, October 17, 2019. Jonathan Ernst | Reuters Progress in trade talks and a steady, but accomodative Fed policy have eased the way for the stock market’s rally to new highs, and both will be in the forefront when President Donald Trump and Jerome Powell speak at
U.S. equities have enjoyed a surge to new record highs this week amid burgeoning hopes that the Trump Administration will finally land a new trade deal with China. The chatter is that the United States is now willing to roll back trade tariffs to secure an agreement, something Beijing feels is a necessary precondition to
Procter & Gamble (NYSE:PG) is a classic dividend stock for the portfolio. However, investors might be cautious on fresh exposure to PG stock after a rally of 31.8% in the last year. I am of the opinion that valuations still remain at sane levels and PG stock is worth considering. Source: Jonathan Weiss / Shutterstock.com
Generally, people turn to large-cap stocks when the future looks uncertain. It’s almost cliche but has an element of truth to it. Large-cap stocks are generally more diversified, so if one part of the company’s portfolio gets hit, it has more to make up for it. And some even have counter-cyclical components, specifically for this
After several new highs this week for the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite, stocks took a breather on Friday. Trade-war worries heading into the weekend didn’t help matters, although bulls absorbed the news pretty well considering we’re still near record highs. Let’s take a look at a few top stock trades
Earlier this week Cantor Fitzgerald analysts initiated coverage of Aurora Cannabis (ACB), issuing a “neutral” rating to the stock. Meanwhile, the Canadian company has been announcing moves in the U.S. and Mexico. Company executives also made headlines this week by mispronouncing one of their flagship brands named after the California town, San Rafael. Whether this
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters The so-called “Santa Claus rally” is already upon us, according to Tom Lee, Fundstrat Global Advisors’ head of research. The Dow Jones Industrial Average hit another new record on Thursday, bringing its gain for the year to 18%. Improving economic
Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines after the bell: Zillow shares surged 14% during extended trading after the online real estate website posted a third-quarter revenue beat. Zillow reported revenue of $745 million, compared to the $718 million Wall Street expected, according to Refinitiv consensus estimates. That revenue
The market is making moves, and investors are taking notice. As we near the end of third quarter 2019 earnings season, Savita Subramanian of Merrill Lynch stated that following better-than-expected results, there appears to be a renewed sense of optimism. According to the analyst, companies that have already reported earnings have taken a “much more
I have recently had my book Income for Life published, offering myriad income-generating ideas that absolutely anyone can use. The ideas run the gamut, from earning income from ordinary activities to making better investments. It’s all built around the core principal of generating more income for anyone. I’d like to share some of the 12
You know things are bad when a $101 million loss is the best thing Chesapeake Energy (NYSE:CHK) had to report Nov. 5 when it announced its third-quarter results. CHK stock dropped almost 18% on the news. The oil and gas producer continues its long death march to irrelevance and there is nothing the owners of Chesapeake
The Dow Jones Industrial Average closed in the green Thursday, adding 0.66%. But investors may be left thinking about what could have been because stocks opened noticeably higher before drifting lower over the course of the day. Source: Finviz As was the case on Wednesday, trade talks were in the spotlight today and the news
It’s been yet another volatile week in the metals complex, with gold (GLD) and silver (SLV) losing a little of their luster with renewed trade chatter. We got news this morning that China and the U.S. are open to rolling back tariffs in phases, and this certainly hasn’t done anything to prop up the fear
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American companies are sitting on piles of cash, frustrating investors and leading some on Wall Street to wonder why they aren’t spending. Microsoft currently has the largest cash pile at $136.6 billion as of last quarter, according to estimates from FactSet. Berkshire Hathaway, Alphabet and Apple occupy the other top spots, with $128.2 billion, $121.2
An investor watches the electronic board at a stock exchange hall on Feb. 11, 2019 in China. Visual China Group | Getty Images One of the largest indexers in the world is set to announce a new round of increases in the weighting of mainland China stocks, and the addition is generating an unusual amount
Getty Images The bond market has officially switched off its recession alarm and is pointing to the potential for stronger growth. Since the summer, when fear of a global economic meltdown gripped the bond market, conditions in the Treasury market and economy have changed. So has the outlook for U.S.-China trade talks, and as a
Back in mid-July, I wrote on InvestorPlace that it looked like shares of beaten up pharmacy retailer CVS (NYSE:CVS) were ready to breakout higher. The headwinds, which had plunged shares into dirt-cheap territory, were going to ease going forward, meaning that there was no reason for the dirt-cheap valuation to stick around. Source: Shutterstock Fast
Investors are facing an interesting conundrum — they must balance potential growth with an increasing litany of concerns. So far, earnings have been not so bad. The vast bulk of stocks in the S&P 500 have beat estimates. And with that, stocks have continued to hit record highs. On the other hand, however, the overall
Recently, my good friend Talal paraphrased a common adage: the devil you know is better than the angel you don’t. I think this is a perfect description for Beyond Meat (NASDAQ:BYND). While it might be tempting to jump on the heavily-discounted BYND stock price, investors should exercise vigilance. Short-term gains are possible, but lurking in