January 5, 2017: Markets opened slightly higher again Thursday but by mid-morning sellers had taken over and the DJIA and S&P 500 traded in the red. Financials and industrials weighed on equities today with the best performing S&P sectors being real estate and consumer staples. WTI crude oil for February delivery settled at $53.76 a barrel, up about 0.9% on the day. February gold added 1.4%....more>>>
Related BAC KBW: The Market Is Telling Banks To Break Up Financial Earnings In Focus As New Week Begins, But Data Also On Tap JPMorgan, Bank Of America Earnings Seen Hurt By Q1 Stock Volatility (Investor’s Business Daily) Related C KBW: The Market Is Telling Banks To Break Up Financial....more>>>
Since the release of its third-quarter results earlier this month, Transocean (NYSE:RIG) has shot up close to 20% on the market. This impressive growth in Transocean’s stock price can be attributed to the meaningful progress that the company has made on the financial front. In fact, its earnings for the third quarter came in at $0.25 per share, surpassing the market’s expectation of....more>>>
The OPEC deal and two new pipelines to be built in Western Canada saw my favorite oil & gas stocks tick higher – much higher in some cases. And, this should be just the beginning!
As supply and demand come back into balance, Western Canadian producers should find prices sufficient to fund growth without adding to debt. At the same time, the Trans Mountain pipeline will provide access....more>>>
The great paradox of cybercrime is that financial firms’ biggest vulnerability isn’t their technology, it’s the people who use it.
“It’s low-tech. It’s human error; people sending PII or SII. Folks are not breaking into the 256-bit encryption. They’re counting on human beings to not be aware [of risks] and to make mistakes,” according to Tom....more>>>
By Lisa Rabasca Roepe, Next Avenue Contributor
Don’t let the distractions of a busy holiday season prevent you from making important and timely financial decisions. From donating to charities to putting extra money in your retirement account, here are six money moves to consider making before Dec. 31:
1. Maximize End-of-Year....more>>>
Related GLD JPMorgan's Kolanovic On Stocks, Gold And Advice For The Fed This Little Nugget Of An ETF Is Delivering Astounding Returns Take Profits In SPDR Gold Trust – NIRP Fallacy, Economic Balance, Dollar Recovery Weigh Against Gold Near-Term (Seeking Alpha)
April Gold futures are....more>>>
If you’ve invested in municipal bonds lately, you may be coming down with a serious case of buyer’s remorse.
But you shouldn’t, as I’ll explain in a moment. In fact, now is the perfect time to double down and buy more of these high-yielding, ultra-stable investments.
First, let’s look at why “munis” have fallen off a cliff, setting up an excellent....more>>>
Coca-Cola (NYSE: KO) is currently trading at a discount of ~12 percent from its 52-week high of $47.13. At $41.69 per share, the stock boasts of a dividend yield of 3.37 percent. This may compel the investors to purchase more KO shares, however, I would advise against it, especially at the current level.
Click to enlarge
My simple theory behind postponing....more>>>
For many reasons, General Motors (NYSE:GM) trades at roughly 5x forward earnings. My last article addressed why peak auto sales weren’t a concern, but the market probably fears the autonomous vehicle and ride-sharing future even to a greater extent.
The stock is trading around $31 as the attempted breakout stalls at strong resistance since the start of the year. The real question is....more>>>
Ever since Warren Buffett has brought in Tedd Combs and Todd Weschler, investors were looking for signs of change, if any, in Berkshire’s approach to investing. And after a few years’ wait, the signs of change are appearing.In last few months, Berkshire has made acouple of investments which took the market by surprise. The first one was theinvestment in the technology giantApple (NSDQ:AAPL)....more>>>
Dow Chemical (NYSE:DOW) is a company known to many people, but in spite of its size it does not attract as much attention as other brands in popular industries. We think this is a temporary phenomenon, as growth rates in the leading developed countries seem to be declining. With that, companies showing a steady financial growth will eventually start to attract more attention from investors. Let....more>>>
Citigroup bond analystMurali Ganti and team consider the impact of the changes announced by Valeant Pharmaceuticals International (VRX) this morning:
Kris Tripplaar/Sipa USA/Associated Press
Valeant Pharmaceuticals International, Inc., in a busy press release, announced a slew of changes this morning in a quest to stabilize investor sentiment after a barrage of negative press....more>>>
The Q3 2016 earnings report forlarge cap technical athletic apparel stock Lululemon Athletica inc (NASDAQ: LULU) isscheduled forafter the marketcloses onWednesday (December 7th) as the company gets hit by analyst downgrades:
Nov-29-16 Initiated Buckingham Research Neutral $55 Nov-16-16 Downgrade Credit Suisse Outperform Neutral Sep-16-16 Initiated Susquehanna Positive Sep-08-16....more>>>
BALTIMORE (Stockpickr) — We’ve had a pretty innocuous week so far in the markets, the big indices adding a few dozen basis points between Monday’s open and Wednesday’s close. All the while, stocks sit within striking distance of fresh all-time highs.
Must Read: Warren Buffett’s Top 10 Dividend Stocks
Now seems like a good time to point out the fact that....more>>>