Recent economic data for the US suggests that the stock market’s hissy fit this year has been a false signal for anticipating a new recession. That’s not surprisingthe short-term noise in equity prices is a constant challenge for business-cycle analysis and so it’s not uncommon that market volatility will lead us astray at times. That’s always been the case and nothing’s....More>>>
Biotech stocks have climbed steadily higher over the past few weeks. Still, the iShares Nasdaq Biotechnology ETF (IBB) has remained range bound between $240 and $290 for much of 2016.
So with major stock indices hitting new record highs, can biotech stocks break free? Perhaps, says Michael Yee, the industry analyst for RBC Capital Markets. But first, the market wants the political rhetoric....More>>>
Warren Buffett has made another investment in a lender that could revive financial confidence in a nation’s housing sector that has increasingly been the focus of investor concern.
This time Buffett’s investment comes in Canada, where the nation’s biggest non-bank lender has been teetering. Buffett’s Berkshire Hathaway has agreed to make a $1.5 billion loan to a unit....More>>>
Twilio Inc. (NYSE: TWLO) was one of the best initial public offerings we have seen in some time. Shares had risen as high as almost $71.00 after the IPO was at $15.00 per share in June. After huge gains, it is not unusual to see shareholders and insiders wanting to take some cash home. Now some investors are going to have to consider ifthis 7 million share underwritten secondary offering at $40.00....More>>>
Here’s what Jim Cramer had to say about some of the stocks during the Mad Money Lightning Round:
Visteon (VC) : “You need to let this one come down a little, then pull the trigger.”
American Tower (AMT) : “This is the best in the business and is worth owning, even if the chart looks terrible.”
Mattel (MAT) : “I think you’re OK but I....More>>>
As expected, the path of the S&P 500 in the first week of October 2016 came in below our standard model’s projections, as stock prices continued their mostly sideways trajectory of the last three months, although with a slightly downward course.
Click to enlarge
Coming into the week, investors appeared to be focusing their attention on the first quarter of 2017 in setting....More>>>
The cost to a U.S. company of a single lost or stolen digital record containing sensitive or confidential information reached $221 this year, up 2% year over year. The average total cost to a company from a data breach rose 7% to $7.01 million.
On average, a single breach involved nearly 30,000 records, in a range of 5,125 to 101,520.
The research was conducted by the Ponemon Institute....More>>>
You can get some sweet deals if you avoid the noise and shop carefully. Instead of elves, though, you’ll need some smart robots.
The deals will come fast and furious, but don’t depend upon one site to deliver the best prices. You may even find better deals after the holidays.
Your first order of business is to get organized before you even log on. Got a list? Who do you....More>>>
On January 10, the South African rand crashed about 9% in just a matter of minutes. It was the largest move for the currency since October 2008, an ominous yet poignant sign of just how bad everything was globally at that time. CNY had been pummeled up until the PBOC acted but a few days before. Even though the world was in the midst of turmoil, the incident was typically described as the collateral....More>>>
It's already happening. And it came faster than I expected. The fall in interest rates is here. Right now. Ten-year government bond rates have already declined from 2.60% last month to just 2.36%, as I write. And the move down is likely not over. Let me explain… Last month, I detailed why interest rates could surprise everyone and head lower in 2017.....More>>>