Fourth-quarter earnings season is kicking into high gear, and at least one Wall Street strategist thinks there are a handful of names that could cause waves in the market when they report in the coming weeks. Wall Street is still in the early stages of the quarter’s reporting period with just one-tenth of the S&P […]
Category: Stocks Watch
Global stocks, dollar sag after U.S. government shutdown
U.S. stock futures, Asian equities and the dollar pulled back slightly on Monday after the U.S. government was forced to shut down amid a dispute between President Donald Trump and Democrats over immigration. MSCI’s broadest index of Asia-Pacific shares outside Japan eased 0.1 percent while Japan’s Nikkei was down 0.15 percent. U.S. S&P500 mini futures […]
If You’re Retired, Consider Buying These 2 Stocks
Entering into retirement doesn’t mean the same thing it used to be. Considering that only 13% of employess have defined benefit plans with their employers, chances are you are one of the people that will need their 401(k) savings and other retirement investments to provide income. We’re all living longer, and inflation will make that […]
5 Stocks That Could Be Hurt By Cryptocurrencies
Five companies that have been associated with cryptocurrencies are AMD, NVIDIA, Overstock, Square and TSMC. AMD, NVIDIA and TSMC provide hardware to mine the digital currencies while Overstock and Square accept them for payment. Their finances and stock prices have been helped to varying degrees. If Bitcoin, Ethereum and other cryptocurrencies continue to do well […]
Could These High-Flying Tech Stocks Start Paying a Dividend?
Alphabet, Facebook, and Adobe don’t do it yet, but that could change sooner than you think. Many investors, young and old, love their dividends. And in the age of low-interest rates, many older investors are no doubt turning to dividend stocks for both income and growth. One area in which these investors may have a […]
Tech Stocks This Week: IBM Earnings and Apple’s Plans for $350 BIllion
IBM stock falls and Apple brags about how it will help the U.S. economy. Earnings season gained momentum this week, as one of tech’s biggest names — IBM (NYSE:IBM) — reported results. Despite its first quarter of year-over-year growth in nearly six years, the company failed to impress as growth in its newer businesses wasn’t […]
3 Top Oil Stocks to Buy Right Now
Oil prices are at multiyear highs, but these three companies are set to profit whether they go higher or not. Here’s why they’re worth buying now. The oil and gas industry can be a difficult place for investors to navigate, as anyone who’s invested in the industry over the past several years can attest to. […]
Cramer’s game plan: Watch individual stocks amid the earnings deluge
Even with a government shutdown looming, CNBC’s Jim Cramer expected good things for the next leg of earnings season. “Earnings season is upon us and it is always a guessing game, but this time around the rules have changed,” the “Mad Money” host said. “Rather than worrying about whether companies will beat or miss their […]
US Stocks Close Higher as Market Sets Latest Record High
Investors shrugged off the potential for a federal government shutdown Friday, driving U.S. stocks higher and setting new milestones for several of the indexes. The Standard & Poor’s 500 index, Nasdaq composite and Russell 2000 index of smaller-company stocks finished at record highs as the market bounced back from modest losses a day earlier. The […]
US stocks will likely run higher for another 11 years, Wall Street’s Tom Lee says
“Both [Fundstrat technical strategist Rob Sluymer and I] think it’s more like 2029 is the peak of this equity market cycle and then, the S&P is 6,000 to 15,000,” said Lee, head of research at Fundstrat Global Advisors, on CNBC’s “Halftime Report” on Friday. “So I think it’s just important to be long-term oriented right […]
European stocks close higher after euro zone, pan-European indexes hit multi-year highs
European equities closed provisionally higher Friday as investors digested strong economic data. The pan-European Stoxx 600 provisionally closed 0.5 percent higher, hitting its highest level since August 2015, while the euro zone’s Stoxx finished the session 0.8 percent higher, hitting a 10-year high. Basic resources were among the gainers following strong demand figures for metal […]
U.S. indexes weighed down by industrials, energy stocks
Losses among Boeing, General Electric and other big industrial companies weighed on U.S. stocks Thursday, pulling the market below the record highs it set the day before. Energy stocks contributed to the modest decline following a slide in crude oil prices. Technology companies accounted for the biggest gains. Bond yields climbed to their highest level […]