Global economic growth is slowing. The world economy continues to expand, but at a smaller growth rate than in recent years. The outlook isn’t much better. In fact, the IMF keeps revising its forecast downwards, as do the forecasters tracked by FocusEconomics. It turns out that the expected growth isn’t much off than the historical average. Advanced economies are will not accelerate....more>>>
Retirement savers who work with Merrill Lynch will no longer be able to pay their broker a commission, the latest example of how new rules on retirement accounts are roiling the wealth-management industry.
The Bank of America Corp. ....more>>>
Speculation that Herbalife (HLF) has reached a deal with the FTC sent its shares higher earlier today, but comment by Fox Business News’ Charlie Gasparino that the speculation was “not true” caused them to give back much of those gains.
It was a quiet morning for Herbalife shares, that is, until the New York Post reported at 11:37 a.m. today....more>>>
Turkey Day is nigh and the Dow Jones Industrial Average and the S&P 500 are at highs.
The Dow Jones Industrial Average rose 0.31% to 19083.18, a new record close! The S&P 500 gained 0.08% to 2,204.72, also a new record close. The Nasdaq Composite was down 0.11% to 5,380.68. The Trump effect continues: industrial and defense stocks are in; tech stocks are out.
While much remains....more>>>
I decided to test my “Better than Average” stock selection system on US restaurant stocks which pay a dividend. You might wonder why I picked the US restaurant sector, which is certainly facing headwinds: a stagnant economy resulting in declining restaurant visits, increasing costs from upward minimum wage pressure and a very competitive market (discounted prices....more>>>
Welcome to the latest edition of the Energy Recap. This week, the energy sector got some surprising news as OPEC announced that a tentative agreement to cut oil production had been reached. Crude futures rose on the announcement, but it should be noted that “challenges remain in order to turn the agreement into a binding deal in time for the cartel’s next formal meeting in Vienna on....more>>>
Opiates are incredibly potent pain relievers forpatients with severe traumatic pain or dealing with end-of-life care, but they are also being increasingly abused. Robert Brooke, the CEO of small cap Vitality Biopharma, Inc. (OTCQB: VBIO), which is dedicated to the development of cannabinoid prodrug pharmaceuticals and to unlocking the power of cannabinoids for the treatment of serious neurological....more>>>
Related USO The Meaning Of Risk-On, Risk-Off Investing The Market In 5 Minutes: Alibaba, Brocade And A Game 6 Oil Prices Fall To Pre-Algiers Meeting – Oil Markets Daily (Seeking Alpha) Related DWTI Oil Prices Slide As API Data Suggest An Inventory Build Oil ETFs Show Muted Reaction To Price....more>>>
On Wednesday, our Under the Radar Moversnewsletter suggested small cap digital cinema and entertainment stock Cinedigm Corp (NASDAQ: CIDM) as a long trade:
With Cinedigm, we’re aiming to step into a bigger-picture uptrend on a short-term pullback. The recovery effort that extends back to July has really taken hold, and was clinched today when the 20-day moving average line (blue) moved....more>>>
It has taken Royal Gold (NASDAQ:RGLD) some time to close its first deal in 2016, but a certain hiatus was probably needed after last year’s four-deal flurry that culminated in the $610 million purchase of a gold and silver stream on Barrick Gold’s (NYSE:ABX) interest in the Pueblo Viejo mine in the Dominican Republic.
On September 19, it was finally time to announce another transaction,....more>>>
Related GLD How Overpriced Is Gold Right Now? Asian Markets, Led By Japan's Nikkei Index, Surge Higher As Europe Follows Suit After Calling The Bottom, Here's What I See Happening Next With Oil And Gold (Seeking Alpha) Related GGG Benzinga's Top Downgrades Benzinga's Top Upgrades....more>>>
Stifel’sLawrence Stavitski andBret Ploucha explain why the earlier-than-expected removal of General Electric’s (GE) SIFI designation is good news for the industrial giant:
While the approval for rescission of SIFI status was generally accepted in substance as a formality given the dramatic reduction of GE capital through asset sales, the timing of the....more>>>
Smart investing isn’t just knowing what stocks to buy. It’s also knowing what stocks to avoid…
That’s why we’ve put together a list of stocks on death watch in 2016. While companies on this list aren’t guaranteed to fail, they have a high likelihood of doing so.
We’ll come out with a new stock death watch list every month, so be sure to....more>>>
Wells Fargo strategist Scott Wren argues that investors should use any selloff caused by a Brexit “yes” vote to scoop up U.S. large-cap stocks. He explains why:
If the British electorate chooses to exit the EU (hence the source of the irritating and overused term Brexit), the result will almost certainly be increased financial market volatility on....more>>>
After getting crushed following the United Kingdom’s vote to leave the European Union, stocks are finally rallying.
TANNEN MAURY/European Pressphoto Agency
The S&P 500 has risen 0.9% to 2,019.06 at 9:33 a.m. today, while the Dow Jones Industrial Average has advanced151.76 points, or 0.9%, to 17,292. The Nasdaq Composite has gained 1.2% to 4,646.90.