I’m using the word “cheap” here in the sense that Benjamin Graham used it when he wrote the classic investment tomes Security Analysis and The Intelligent Investor. He was talking about the value an investor receives for the amount of money paid as measured in terms of earnings and related factors. So, it’s not necessarily […]
Stocks have had a bang-up year so far, and they’re heading straight into the month that is often the best of all. The S&P 500 is up more than 25% for the year. Thanksgiving week was technically positive for the market, with the small cap Russell 2000 breaking out, joining other indexes in an uptrend. […]
Dow Jones Industrial Average falls 112 points The Dow slipped 112.59 points, or 0.40% to close at 28,051.41. The S&P 500 pulled back 0.40% to 3,140.98. The Nasdaq Composite fell 0.46% to end the day at 8,665.47. Stocks fell in a shortened trading session but still posted their best monthly performance since June. Big November gains The S&P 500 rose more […]
U.S. stocks closed lower on Friday, ending a four-day winning streak for major equity benchmarks, as investors worried about the deterioration in U.S.-China trade relations after a bill supporting Hong Kong protesters was signed by President Trump late on Wednesday. The New York Stock Exchange and the Nasdaq closed early at 1 p.m. Eastern on […]
The stock market rebounded late, leaving the major indexes near session highs at the closing bell and at record highs again. The Russell 2000 added less than 0.2%. The small-cap benchmark topped resistance at the 1600 level Monday and is trying to add some room above that level. It was another 52-week high for the […]
Real estate and consumer stocks lifted the major benchmarks on Tuesday, with the Dow Jones Industrial Average (DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC) closing at record highs. Earnings reports generally supported a positive view of the U.S. consumer, but the energy sector saw weakness. Today’s stock market Index Percentage Change Point Change Dow 0.20% 55.21 S&P 500 0.22% 6.88 As for […]
Stocks rose slightly on Tuesday as retail shares outperformed, lifting the major averages to fresh record highs. The Dow Jones Industrial Average was up 55.14 points, or 0.2% at 28,121.68. The S&P 500 gained 0.2% to 3,140.50. The Nasdaq Composite also advanced 0.2% to 8,647.93. Retailers rose broadly after Best Buy posted quarterly earnings that […]
Black Friday is almost here, and with it comes the annual shopping bonanza that kicks off the holiday season. The shopping weekend, which extends through Cyber Monday, isn’t just an opportunity for shoppers to get some of the best deals of the year on items like electronics, home goods, and toys. It’s also the biggest […]
Building a balanced portfolio of stocks involves finding a few core companies that have competitive advantages over their peers, and then buying their stocks and holding onto them for years to come. If you’re in the market for these types of stocks, then look no further than Apple (NASDAQ:AAPL), Walt Disney (NYSE:DIS), and Nike (NYSE:NKE). […]
Growing optimism about a trade deal with China lifted major benchmarks to new highs on Monday. The Dow Jones Industrial Average (DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC) both closed at records, propelled by growth stocks, particularly semiconductors and biotechs. Gains were broad-based, with utilities the only falling sector. Today’s stock market Index Percentage Change Point Change Dow 0.68% 190.85 S&P 500 0.75% […]
Stocks in Asia mostly rose on Tuesday following record finishes overnight on Wall Street. Hong Kong-listed shares of Chinese tech behemoth Alibaba also popped on their debut, becoming the world’s largest listing so far in 2019. Hong Kong-listed shares of shares of Alibaba surged about 6.6% on the day, ahead of the broader market as […]
All three of the major averages closed at record highs Monday after China issued a document to “effectively curb” violations of intellectual property rights such as trademarks and copyrights. The S&P 500 and Nasdaq set new intrday peaks while the Dow Jones Industrial Average traded within 25 points of its own high. Ticker Security Last Change Change % SP500 […]
