When anyone offers you a gilt-edged, can’t miss, sure thing opportunity … walk away. Every investment carries risk. This is especially true in the oil patch, circa 2019. Source: Jonathan Weiss / Shutterstock.com Over the last six months shares in Exxon Mobil (NYSE:XOM) have fallen 10%. It is evident the “peak oil” theory of the
Square (NYSE:SQ) sits right at the corner of just about every major trend of the modern age. But is SQ stock worth owning now? When you do your homework on this payment-processing company, you’ll find much for bulls to appreciate here – and one major warning sign for investors – ahead of Wednesday evening’s earnings
The major U.S. equity benchmarks probed new highs again Tuesday, but after few days of solid upside, there was a listless feel to the action today, broadly speaking. Source: Venturelli Luca / Shutterstock.com On the trade front, China remains insistent that President Trump backed away from tariffs if the two sides are to reach a
It’s easy to draw any darn lines you want on a chart. Here, for example, is an article featuring – right at the top – a chart for gold with lots of lines drawn. If you look at what the actual price is doing, you’ll notice it’s fading off at the end of the chart,
Some Robinhood users have been manipulating the stock-trading app to trade with what they’re calling “infinite leverage.” The cheat code was being shared on social media site Reddit, with one trader claiming he took a $1,000,000 position in stock using only a $4,000 deposit. Through Robinhood Gold, the start-up’s subscription service, users can borrow money
A much broader breakout in the markets may be very near. The markets have started the month with a powerful, largely-cyclical, rally. What’s missing is a significant breakout: Only 10% of the S&P are at new highs, despite a historic high for that index. Part of the reason is a big move-up in the largest
As a possible trade deal gets closer, investors are less fearful of a recession and interest rates are in a new trend higher. Bond yields have moved dramatically back and forth since last week’s Fed meeting, but they have moved higher most recently on reports that the U.S. and China are close to a phase
Microsoft (NASDAQ:MSFT) stock hit fresh new all-time highs last week. The company has been on a massive winning streak, and there is no sign that it’s about to slow down. In fact, as crazy as it may sound, MSFT stock could keep rallying much higher, even after becoming the world’s most valuable company earlier this
For investors interested in income, Amgen (NASDAQ:AMGN) is a must-have stock. While the shares are up only 34% over the last five years, against a Nasdaq Composite gain of 76%, the dividend has been steadily increasing. It was at 61 cents per share in 2014. For the most recent quarter, it was $1.45. Source: Michael
It was an ugly October for shares of Canadian cannabis producer HEXO (NYSE:HEXO). Early in the month, the company announced preliminary fourth quarter fiscal 2019 numbers that fell short of expectations. At that time, management also withdrew its full-year fiscal 2020 revenue guide amid mounting cannabis market challenges and uncertainties. Source: Shutterstock Later in the
U.S. stock futures are pointing toward a higher open as optimism continues buoying stocks to record highs. The lack of negative headlines surrounding the U.S.-China trade war is boosting morale, but so too are the Federal Reserve’s recent rate cut and seasonal patterns that support equities into the holiday season. Source: Shutterstock Against this backdrop,
Fracking has made the US the leader in natural gas The 2020 Presidential election will be a referendum on fracking Start thinking about the potential for a new dynamic in natural gas in 2021 The natural gas market is now steaming into the withdrawal season, where inventories will start to decline in November. Last year
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Brian Moynihan, CEO, Bank of America Scott Mlyn | CNBC Bank of America decided to move up an increase in the company’s minimum to early 2020 from 2021. The company announced Monday that its workers will earn a minimum of $20 per hour starting by the end of next year’s first quarter. Bank of America’s
Pedestrians walk past a Shake Shack location in New York. Scott Mlyn | CNBC Check out the companies making headlines after the bell: Shake Shack shares tumbled more than 14% during extended trading after the burger chain reported a third-quarter earnings beat but weaker-than-expected same-store sales. The company posted earnings of 26 cents per share,
U.S. equities are rallying to fresh record highs on Monday thanks, yet again, to positive China trade headlines right before the open. The focus is shifting from whether a deal actually gets done — as well as specifics around thorny issues like intellectual property protection — to where President Donald Trump would like to get
The case for Gilead Sciences (NASDAQ:GILD) stock seems easy enough to make. Gilead stock is one of the cheapest names in the S&P 500, at roughly 9x Wall Street profit estimates for 2019. Source: Shutterstock A dividend yield at 4% adds income to the attractive valuation. But the case against GILD stock is just as
It has been a dramatic few months for investors in the so-called tech unicorn stocks. Originally, a unicorn was a privately held tech company that had achieved at least a $1 billion valuation in its latest funding round. Over the past year or so, many of these unicorns are shedding the private part of the
We had new all-time highs in the stock market today. On Monday, the S&P 500 hit another new high, just like it did in four out of five sessions last week. Last week was interesting though. We had a better-than-expected jobs report on Friday, an interest rate cut from the Federal Reserve on Wednesday and
If you think that things are acting without any order or sense, you need to watch this video. I’ll tell you why stocks sell-off even if earnings are great. And sometimes, stocks have horrible earnings, but it goes to the upside. Let’s see why that is the case. #selloffstock #stockearnings #stocks #greatearnings #stockmarket #topstock Posted