Sometimes the market gets fairly excited about a perceived significant event causing a lot of would-be investors to jump into an investment without properly weighing all the potential risks and outcomes. Cobas Asset Management invested in Teekay Corporation (TK) to the tune of about 4 million sha
Regulators are not required by the Constitution, but Congress, perverse as it is, is the body closest to the people, getting put up for election regularly. Of course Congress should oversee financial regulation and monetary policy froman unelected Federal Reserve. That’s their job.
I’m not saying that the Congressmen themselves understand these things well enough to do anything....More>>>
Though he campaigned for Hillary Clinton, financier Warren Buffett (Trades, Portfolio) divulged that he bought a lot of stocks following the election of President Donald Trump, and on Tuesday he revealed what they were.
WASHINGTON, DC – JUNE 14: Warren Buffett participates in a discussion during the White House Summit on the United State Of Women June 14, 2016 in Washington, DC. The....More>>>
Tesla (TSLA) announced after the close that it would issue more stock and sell convertibles. And Tesla, being Tesla, its stock is rising.
In filings with the the SEC today, Tesla said it would sell $750 million dollars in convertible bonds, and another $750 $250 million in common stock. Now normally, stocks fall when they dilute their shareholders. Not Tesla,....More>>>
The Q3 2016 earnings report for small cap prepaid payment network and card stock Blackhawk Network Holdings Inc (NASDAQ: HAWK) is scheduled forbefore the marketopens on Wednesday(October 12) with the company in the past citingtheregulatory-mandated introduction of EMV chips, which was adopted last October for card issuers and store processors, as a hazard for its current business model. Last Monday,....More>>>
Mexico’s “contingency plan” to protect its economy from the “hurricane” effect of Donald Trump’s electoral victory isn’t working.
On Thursday, Mexico’s central bank tried to prop up its battered currency, the peso, by selling dollars to international investors. It’s the latest move by Mexico to stop the peso’s bleeding from Trump’s....More>>>
The beginning of 2016 was so bad, investors fretted that the market was heading for a repeat of the financial crisis. Instead, stocks have turned positive on the year.
The Dow Jones Industrial Average has gained 185.04 points, or 1.1%, to 17,510.80 at 2:38 p.m. today, putting it up 0.5% for the year. The S&P 500, meanwhile, has gained 0.8% to 2,043.01, putting....More>>>
A decent start for stocks on Wednesday quickly turned into red-alert session, with the selling prompted by nothing in particular … nothing other than a disinterest in buyers. The 0.84% tumble the S&P 500 took today left it at 2,249.92, hovering just a hair above a key technical support level.
Leading the bearish charge were Fitbit Inc (NYSE:FIT), Twilio Inc (NYSE:TWLO) and Nvidia....More>>>
I have to say it has been a real tough time to be in the precious metals sector. However, things began to turn the corner in 2016, although for the last few months, the sector has once again struggled, A few months I got trigger-happy and sold off ALL of my holdings in the precious metals sector (with the exception of my physical bullion) into this rally as I felt there would be a significant pullback.....More>>>
At Money Morning, we’ve always viewed the mainstream financial world and Wall Street with skeptical eyes. While we’re not contrarians for the sake of being against the grain, we realize that analysts and so-called “experts” frequently get things wrong…
For example, remember when Jim Cramer, famed host of CNBC’s “Mad Money,” urged viewers....More>>>
Related HOT R.F. Lafferty Says China Consortium Bid For Starwood Trumps Marriott Offer By 15% The Market In 5 Minutes: Monday, March 14, 2016 Stocks Edge Lower In Early Trade; Starwood, Fresh Market Soar (Investor’s Business Daily) Related KNDI Mid-Day Market Update: GW Pharma Jumps On Positive Epidiolex....More>>>
It's important for investors to know how to invest in penny stocks safely. That's because they're often volatile and can sometimes be fraudulent, despite offering triple-digit returns in a matter of weeks. We'll show you our top two strategies for finding good penny stocks to bu
I (Porter) know a headline like that will leave me with only about five people still reading. So let me try again... The next 18 months will likely see: a terrible bear market... a substantial economic recession... and a great opportunity for you to buy high-quality businesses at reasonable p
Ive been right about Tesla (NASDAQ:TSLA) thus far.
There seem to be only two schools on Tesla. You either love the carmaker, or you hate it with a passion. I fall into the latter category, not because I'm anti clean energy, or opposed to new entries to the auto industry, but because of the