Stocks squeaked out a gain today to end their three-day losing streak in the wimpiest way possible.
The S&P 500 gained 1.89 points, or 0.08%, to 2,364.87 today, while the Dow Jones Industrial Average ticked up 2.46 points, or 0.01%, to 20,858.19. The Nasdaq Composite advanced 1.25 points, or 0.02%, to 5,838.81.
Amherst Pierpont’s Stephen Stanley....More>>>
Another week in which the relentless strength of the stock market continued, albeit at a much slower pace. Despite arate increase by the Federal Reserve, which had been well-telegraphed, stocks were able to still push higher. And like the previous week, insider buying remained stronger than we have seen for most of the first quarter.
We cover insider buying each week at 24/7 Wall St., and....More>>>
Protect American jobs by getting tough on China.
That’s the underlying idea behind President-elect Donald Trump’s threat of a 45% tariff against China as a ploy to bring jobs back to America.
Before pursuing that strategy, however, Trump might want to check out what happened when his predecessor tried that.
President Obama slapped a stiff 35% tariff on Chinese....More>>>
Related ITB Mike Khouw Sees Unusual Options Activity In The Construction ETF Trump's Wall Plans Lift This ETF Related XHB What's In An ETF Name Often Requires Further Investigation Affordable Housing Crisis Continues To Weigh On American Middle Class ....More>>>
Related NEM Benzinga's Top Upgrades Exclusive: Leading Latin American Economist Shares Insights On Politics, Bonds, Mining & Stocks FBI Reveals More Evidence That Stocks Will Fall If Trump Wins (Investor’s Business Daily)
On CNBC’s Trading Nation, Todd Gordon suggested that....More>>>
Factoring in a relatively modest outlook for Trump economic programme on Discover Financial Services (NYSE:DFS) makes the stock stand out attractive while its conservative risk programme and strong capital returns mean there is downside protection. Investors should buy.
When I last wrote about DFS I thought it looked attractive on the basis of its strong capital return credentials but argued....More>>>