News That Matters

Tag: stocks

Feb172019 by adminNo Comments
There's a worrying split between stocks and bonds, and economists aren't sure which market is right

There's a worrying split between stocks and bonds, and economists aren't sure which market is right

Finance
The stock market is euphoric over the idea that a trade deal between the U.S. and China will fix the economy and boost earnings. However, the bond market is a different story. There, investors still perceive uncertainty, and even a possible recession lurking. "One of these markets is going to be wrong, and it's hard to know this time around which one it's going to be," said Art Hogan, chief market strategist at National Securities. "The bond market is betting we are not going to see stabilization of growth, and that the China trade war drags on." Buye...
Read More
Feb152019 by adminNo Comments

Stocks Bounce Back from Retail Sales Surprise

Finance
[unable to retrieve full-text content]The market responded to real economic data on Thursday instead of good vibes from trade negotiations thousands of miles away Unfortunately that data was weaker than expected retail sales which led to a sharp morning selloff But the major indices calmed down and ended the session well off Latest Articles in
Read More
Feb62019 by adminNo Comments
Stocks making the biggest moves after hours: Snap, Disney, Electronic Arts and more

Stocks making the biggest moves after hours: Snap, Disney, Electronic Arts and more

Finance
Check out the companies making headlines after the bell: Shares of Snap soared as much as 21 percent Tuesday following their fourth-quarter earnings beat. The tech company earned $ 390 million in revenue, beating the expected $ 378 million.The company posted losses per share of 4 cents, smaller than the expected loss of 7 cents. Global Daily active users also beat at 186 million, compared to the estimated 184.26 million, according to FactSet. Average revenue per user was $ 2.09, vs. the $ 2.05 estimated by analysts. Shares of Walt Disney rose almost 2 percent in extended trading Tuesday following better-than-expected first-quarter earnings. The...
Read More
Jan182019 by adminNo Comments
The way stocks are gliding higher could be a bullish sign for the year

The way stocks are gliding higher could be a bullish sign for the year

Finance
Compared to the rough ride down, stocks have much more quietly and gently recovered more than 13 percent of their losses from the Christmas Eve low. That's good news for bullish investors, who expect that the turbulent Christmas lows marked the bottom of the rout that took the S&P 500 down 20 percent on an intraday basis. The S&P 500 Friday closed out a fourth week of gains and was up 13.6 percent from the Christmas Eve close. "It's a grind higher, but I think that's classic. The market takes the stairs up and elevator down. The elevator was a horror show in December. The market is just grinding its way back," said Ar...
Read More
Jan142019 by adminNo Comments

Danger: Avoid These 5 Stocks At All Cost

Finance
[unable to retrieve full-text content]With the recent market weakness I think it prudent to follow up on what s become a regular and popular feature You see while I mostly focus my attention on finding little known innovative companies that have the potential to deliver mega returns to investors I ve consistently Latest Articles in
Read More