It’s another up-and-down day as investors try to weigh what seems to be a strong U.S. economy and weakening global economy. This of course, makes it tough to bid up stocks to new highs, but at the same time, it’s hard to sell U.S. equities when it’s the best house in the neighb
Alliance Data Systems Corporation (ADS) has traded much lower through 2018. Market-wide worries about rate increases pulled back valuation premiums overall.
The company’s market is particularly exposed to interest rate risks. This situation justifies a pullback, but I believe that the dramatic selloff it’s currently experiencing is unwarranted and overdone.
The Dow Jones today projected a 61-point decline as investors prepared for the president’s announcement on Iran. According to European diplomats, U.S. President Donald Trump is expected to withdraw the United States from the deal, despite the fact that rejecting the pact is likely to foster an international crisis.
As global upheaval continues to rock market, gold has staged a....More>>>
FedEx (NYSE:FDX) stock is on the investing menu today as the “disaster of the day” and it could take the whole market down with it. The shares are off almost $10 today, or over 5%, after announcing disappointing third-quarter results.
Stocks were driving higher yet again on Tuesday, with the S&P 500 flirting with overbought territory going into Wednesday. However, it coughed up its gains going into the close. Keep in mind, the Federal Reserve will have an interest rate decision and press conference on Wednesday afternoon.
Apple (AAPL ) shares jumped over 1.1% Thursday on the back of a continued wave of positive news, including a Bank of America (BAC ) upgrade, bullish Cowen coverage, services strength, and much more. This begs the question: is now the time to buy Apple stock?
Amazon (AMZN ) shares have climbed roughly 13% to start the year, which tops the market’s comeback, but falls way behind fellow FAANG giants Facebook (FB ) and Netflix (NFLX ) . Therefore, Amazon stock still rests over 17% below its 52-week high.
The markets have rebound sharply of the December lows and the FANG gang led the way up. The acronym is made up of Facebook (NASDAQ:FB), Amazon (NASDAQ:AMZN), Netflix (NASDAQ:NFLX) and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL). In fact, as a group, FANG bottomed in November relative to