Precious metals are making a move… Gold and silver both bottomed the day after the U.S. Federal Open Market Committee raised rates in mid-December. And they've climbed higher ever since… This week, both metals hit three-month highs. Gold traded as high as $1,264 per ounce and silver traded up to $18.48 per ounce. And as I'll explain in today's essay,....More>>>
Big banks kick off earnings season Friday, and many analysts expect robust results after a post-election stock-trading frenzy that may have provided stronger revenue.
Lined up for tomorrow are Bank of America Corp(NYSE: BAC), JPMorgan Chase & Co. (NYSE: JPM), and Wells Fargo & Co (NYSE: WFC), and there’s plenty of enthusiasm going into the results. The financial sector overall....More>>>
Even amidst slowing growth, Twitter is having to refund advertisers owing to an ad-metric error. Should you sell out of TWTR stock? Or should you buy the dip?
Not long after Facebook (NSDQ:FB)reported a spate of miscalculations in key metrics, Twitter (NYSE:TWTR) seems to have caught the ‘bug’. Late on 22nd December, Twitter announced that it had discovered technical....More>>>
DENVER Santa is stuffing stockings with a little extra green this holiday season: marijuana.
Pot shops are reporting the average purchase is up 21% in the week before Christmas, according to the marijuana-software firm Baker, which runs store customer-service systems. The most popular items: marijuana-infused edibles like brownies or cookies.
Also near the top of the list are vaporizers,....More>>>
After six years and more than $1.5 million of my firm's money, I've figured out the signal. I know how it works. And I know how to profit from it. Today, I want to share it with you. I'm certain that once you try it, it will change the way you think about investing forever. Some folks around the office have dubbed my version of the signal the "Nordic Cross."....More>>>
The U.S. dollar strengthened slightly against the pound, as the British currency sold off sharply, extending its fall to fresh multidecade lows, while it softened against the euro.
Although moves were mostly modest, overall, the greenback has been in an uptrend due to a growing consensus that the Federal Reserve will raise interest rates at its December meeting.
Earlier on Tuesday,....More>>>
When Chrismukkah burst onto the holiday scene in the mid-2000s, a USA TODAY writer introduced it as the newest faux holiday that companies are using to make a buck this season.
A decade later, its still going strong as those who grew up among both holidays have embraced the pop-culture portmanteau. But with Christmas and Hanukkah coinciding for the first time since 2005, the fake holiday....More>>>
Stocks soared today after the FBI said it had found no new evidence that Hillary Clinton had committed a crime with her private email server.
The S&P 500 gained 2.2% to 2,131.52 today, while the Dow Jones Industrial Average rose 371.39 points, or 2.1%, to 18,259.67. The Nasdaq Composite climbed 2.4% to 5,166.17.
Goldman Sachs strategist David Kostin and....More>>>
By Avi Lavi, David Dalgas
When equity investors chase what’s hot, it often ends in tears. Today, the safety trades that have been so popular earlier this year are actually looking quite dangerous.
We’ve seen this film before. There are countless examples throughout modern market history of investors following crowds into performance fads and getting crushed on the way down.....More>>>
Federal estate taxes are no longer a problem for all but the extremely wealthy. In 2016, as much as $5.45 million in assets is exempt from federal estate taxesdouble that for a married couple; in 2017, it will rise to $5.49 million.
However, state estate taxes, which kick in for estates valued at only $1.5 million or less in several states, could take a big bite out of your legacy. Your home....More>>>
Gundlach Sounds Fed Alarm, Warns of Selloff Near Inauguration Day
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6 Economic Predictions for 2017: SIFMA
Most experienced investors in a recent survey said they were satisfied with their investment management in a year marked by significant volatility and major market events, E-Trade Financial reported Friday.
A little more than a month ago, the world was falling apart and everyone was wondering how much further the market could fall. Today, the Dow Jones Industrial Average broke into positive territory for the year.
Associated Press/Richard Drew
The Dow Jones Industrial Average gained 155.73 points, or 0.9%, to 17,481.49, putting it up 0.3% for 2016. The S&P 500 rose 0.7% to....More>>>
Stocks rallied to record highs today because…that’s what they’ve been doing pretty much since Donald Trump was elected President of the United States.
The S&P 500 rose 1.3% to 2,241.35 today, a new record high. The Dow Jones Industrial Average gained 297.84 points, or 1.6%, to 19,549.62. The Nasdaq Composite advanced 1.1% to 5,393.76, just....More>>>
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William Patalon III
If you’re a big baseball fan – as I am – then you know that a team’s leadoff hitter plays a determinative role in the club’s success or failure.
Great leadoff hitters – guys like Rickey Henderson, Richie Ashburn and Ichiro Suzuki – are terrific "table-setters." As the first hitter to the plate, their job is....More>>>