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
The real estate crash in 2007 sent home prices plunging all across the country. The impact was particularly strong in states where prices had ballooned the most and new home building had been strongest: Nevada, Florida, Michigan, California, among others.
Median home prices in the United States have more than recovered their lost ground. The U.S. median rose to $227,000 last year, higher....More>>>
At this time last year, U.S. airlines were developing ambitious growth plans for Cuba, after it became legal to offer scheduled service to the Caribbean island nation for the first time in more than half a century. As the top airlines in South Florida, American Airlines (NASDAQ:AAL) and JetBlue Airways (NASDAQ:JBLU) had the most ambitious plans for flying to Cuba.
Meir Statman: What Normal People Really Want From Advisors
Kansas Judge Upholds DOL Fiduciary Rule
6 Tax-Law Time Bombs Affecting IRAs
Investors across the country are variously cheering and mourning the election of Donald Trump as U.S. president. In some cases, they’re pressing their financial planners into double duty as therapists. Or grief counselors.
There's no need to worry yet. But investors should start keeping an eye out for bears. Let me explain… Bear markets start with three common conditions… 1. A sudden, sharp rise in interest rates. 2. A peak in margin debt (the amount of money that investors borrow to buy stocks). 3. ....More>>>
After the Organization of Petroleum Exporting Countries (OPEC) penciled in an oil production cut of 1.2 million barrels per day (bpd) to 32.5 million bpd on 30 November, the crude futures market rallied. Given that it was OPEC’s first move to cut production in eight years, the market response was pretty predictable.
By some measures, the Brent front month contract’s appreciation....More>>>
Let’s be clear: The naming of an acting CEO at such an incisive moment is more than mere coincidence. For those who have thought the future for Cempra (NASDAQ: CEMP) included being acquired as I did I am no longer so sure. Here is why?
The timing is more than interesting, one might suggest it is disconcerting. We sit days from the PDUFA date and an argument can be made Solithromycin....More>>>
More Valeant Pharmaceuticals news broke late yesterday (Tuesday) when the company announced that it’s in advanced talks to sell one of its key drugs.
According to The Wall Street Journal, Valeant is trying to sell its stomach drug business. The buyer is reportedly Takeda Pharmaceutical Co. The price tag is $10 billion. The purchase would include about $8.5 billion in cash and future....More>>>
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>>>
Warren Buffet aims to hold stocks forever. Were a bit less patient. But we like playing the long game: picking a few solid companies, sticking with them through tough times and hanging on for years, even a decade or more. Investing for the long haul can smooth out the risks of buying individual stocks, which may tumble or stay depressed for ages before taking off. A companys innovations may also....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