Billionaire investor Warren Buffett was a sharp critic of Donald Trump during the presidential campaign, but said in an interview broadcast by CNN Friday that he expects the stock market to continue rising.
The stock market will be higher 10, 20 and 30 years from now and it would have been with Hillary [Clinton] and it will be with Trump, Buffett said. Suggestions by market pundits that stocks....More>>>
Yesterday, Boeing (BA) rose 0.8% (on a day the S&P 500 fell 0.1%) after reporting a big earnings beat. JPMorgan’s Seth Seifman and team explain why they’re staying on the sidelines:
BA outperformed by 100 bps yesterday after reporting a $2.05 guidance reduction that was below the $3.23 of charges announced last week. We assume there was some short covering....More>>>
The strong coal, copper and zinc prices are providing a massive tailwind for Teck Resources which will continue in the current quarter. Teck should continue to post massive free cash flows throughout 2017.
Teck Resources (NYSE:TECK) is one of the largest base metal companies out there as the senior producer offers exposure to copper, zinc and steelmaking coal. Those three....More>>>
Instagram launches live video and disappearing messages Snapchat may be banned in China, but that isn’t stopping the messaging app’s parent company from building a toehold in the world’s most populous country.
Snap Inc. says it has opened a technology office in the southern city of Shenzhen to focus on Spectacles, the startup’s camera-equipped sunglasses that....More>>>
If you're worried about running out of money in retirement… you should be. Consider this… Someone who is 65 years old today is expected to live to the age of 85. But when he was born, scientists expected him to only live to the age of 68. So right now, the average retiree is already 17 years "ahead of the curve." As medical advancements continue, that gap....More>>>
Blue-chip companies rightfully make up the bulk of most people’s investment portfolios. These large-cap firms possess considerable industry leverage, as well as a vast sum of financial resources. Their status and importance to the underlying economy means that they are the least likely to crumble, regardless of external pressures. Ultimately, blue chips provide the confidence and stability....More>>>