Finding a traditional retailer worth buying these days is a daunting task. All you hear about is how Amazon (NASDAQ:AMZN) is killing brick-and-mortar retail. Shopping habits are changing. It's so easy to compare prices from one retailer to the next, then simply have the one with the best pri
Despite rising consumer confidence, a lot of factors are plaguing the U.S. economy of late. We note that the market is currently caught between weaker-than-expected March employment data, President Donald Trump’s airstrike against Syria and new policies from Federal Reserve (‘Fed
Today, central banks are acting more aggressively than ever before to stave off deflation and spur global growth. The European Central Bank, the People’s Bank of China, the Bank of Japan, the Bank of England and the Federal Reserve have all embarked on quantitative easing (QE) programs following the 2008 financial crisis.
See Also: Kiplinger’s Economic Outlook on Interest Rates....More>>>
From a New York Times article early this year Donald Trump said he would be in favor of a 45% tariff on Chinese exports to the United States. This is one of the reasons that Apple’s shares dropped over $12 from the day after he won the Presidential election to two days ago but have since rebounded by $4 to $110. There have been a number of articles written about why tariffs would have bad....More>>>
Yesterday, President Obama signed into law the 21st Century Cures Act, a piece of legislation that had rare overwhelming bi-partisan support. The White House issued this statement about the legislation as it passed through Congress on November 30th:
This critically important legislation will get states the resources they need to fight the heroin and prescription opioid epidemic. It invests....More>>>
The U.S. Securities and Exchange Commission (SEC) Chair Mary Jo White, after nearly four years as the agencys head, recently announced that she intends to leave at the end of the Obama administration.
Under Whites leadership, the agency strengthened protections for investors and the markets through transformative rulemakings that addressed major issues highlighted by the financial crisis.....More>>>
Varian Medical Systems Inc. (NYSE: VAR) sure sawa pop on Thursday, just a day ahead of earnings from General Electric Co. (NYSE: GE). These two companies might not be tied together on normal days. This time it’s because of merger rumors. Varian shares were up as much as 10% on Thursday after a report that GE might be acquiring the medical devices and equipment company.
September 20, 2016: Markets opened higher Tuesday as no sector was showing big gains but healthcare stocks the clear leader. Traders and investors are likely trying to position themselves for the markets’ reactions to Wednesday’s announcements from the Fed and the Bank of Japan. WTI crude oil for October delivery settled at $43.44 a barrel, up 0.3% for the day. December gold closed up....More>>>
“Success is simply a matter of luck. Ask any failure.” – Earl Wilson
My yearlong patience with Progenics Pharmaceuticals (PGNX) finally seems to be finally paying off in spades. The stock has moved up some 60% so far in the month of November as investors finally appear to be recognizing the company’s value and upcoming catalysts.
Once a child refugee of the Cuban Revolution, Raul Alarc贸n, Jr. had big dreams growing up. He wanted to become a doctor. He studied pre-med at Fordham University. But medical school — and a career in the medical profession — weren’t in the cards.
Instead, Alarc贸n took a much different turn. He helped his father build America’s largest Spanish language radio....More>>>
Uh-oh… For years, I've been extremely bullish on the stock market. And I still am, over the next year or two. However, in the short term, one of our top indicators is giving us a big warning sign… This indicator tells us that the stock market is getting "overly loved" by investors – and this is a bad thing. You see, typically when a market....More>>>
The Dow shed more than 100 points Thursday to finish barely above 21,000 as weak financial shares dragged on the market while Wall Street focused on social app Snap Inc., which soared on its trading debut.
They're baaa-aack. Wall Street: "Please God, no." Two ex-presidents both declare their intention of getting back in the game in October 2018. Only one, Luiz Inacio Lula da Silva, has a chance of winning the presidency once again. Lula is under investigation for orchestrating the large
Many biotech stocks took a beating as price gouging from the likes of Valeant (Nitropress), Mylan (epi-pens), and Turing (Daraprim) became a political issue during last year’s presidential campaign. Consequently, we enter 2017 with many companies priced so attractively that they have become