The U.S. dollar’s rally is having an unusual effect on the commodities market. Gold prices have fallen as expected, while crude oil has rallied to its highest level in years. Oppenheimer’s Ari Wald says this setup is bullish for the broader market. “When the value of the dollar rises, it typically costs less to buy […]
Just how contrarian are you? How to know when the onrushing herd has it right? When following Warren Buffett’s credo to be greedy when others are fearful, where’s the line between brave and foolhardy? These are the self-directed questions of an investor today mulling Wall Street’s most-hated trade: owning the classic American consumer-staples stocks. Exactly […]
On tepid trading sessions that come after big market surges, CNBC’s Jim Cramer likes to search for under-performing stocks of companies that still have strong underlying businesses. “Most people prefer to chase what’s hot in the hope that they can get in on the next big thing, not before it’s happened, but while it’s happening,” […]
Chip-maker stocks traded higher Monday after Micron Technology Inc. raised its outlook for the quarter and broader markets rose on an apparent easing of trade tensions with China. The PHLX Semiconductor Index SOX, +1.05% advanced 1.1% Monday compared with a 0.7% gain in the S&P 500 index SPX, +0.74% and a 0.5% gain for the […]
Treasury Secretary Steven Mnuchin told CNBC on Monday that he would be willing to bet that gross domestic product can sustain at least 3 percent growth later this year. “That’s really been the focus. That’s what everyone should be focused on. That’s our scorecard,” he said in a “Squawk Box” interview. “We are well on […]
U.K. stocks rose sharply on Monday, scoring a record close, as traders welcomed news over the weekend that China and the U.S. reached an agreement that eases trade tensions between the world’s two largest economies. That optimism also sparked a rally in the dollar, which in turn pulled the pound lower, with weakness in sterling […]
The trade spat between the United States and China is “on hold,” according to Treasury Secretary Steven Mnuchin. But investors weren’t on hold Monday. They were buying like there was no tomorrow. The Dow surged more than 350 points in late morning trading, a gain of 1.5%. Nearly all 30 Dow stocks were up, and […]
First-quarter earnings season still has the potential to steer indexes in one direction or the other, with retailers holding the spotlight over the next few trading days. Lowe’s (NYSE:LOW), Target (NYSE:TGT), and Best Buy (NYSE:BBY) are each set to report their latest results this week. Here’s what investors can expect from these announcements. Lowe’s seasonal […]
In some dividend investors’ minds, there’s no such thing as too much dividend income. Yet often, stocks that carry extremely high dividend yields end up being riskier than many shareholders appreciate, and that can lead to a lot of pain if a company has to cut its dividend in the future. Rather than looking for […]
Oil driller ConocoPhillips (NYSE:COP) is benefiting from rising oil prices and rewarding investors with dividend hikes. However, the company’s drilling-focused business hasn’t been able to sustain a high dividend in the past, cutting the payment in 2016 amid low oil prices. This suggests that dividend investors will end up disappointed if highly volatile oil prices […]
Asian markets edged higher on Monday, with weekend developments in U.S.-China talks, regarded as positive by analysts on the whole, in the spotlight. Japan’s Nikkei 225 edged up by 0.36 percent in early Monday trade. The Topix dipped in and out of negative territory and was last higher by 0.11 percent, with declines seen in […]
Hedge funds have a reputation for being secretive, so it’s no surprise that investors are eager for a peek at what top investors are holding. Big investors were required to reveal their biggest first-quarter holdings this week when they filed closely tracked 13-F forms with the Securities and Exchange Commission. The forms, which are due […]
