Investment professionals like to joke that the so-called carry trade is akin to picking up pennies in front of a steamrollera reference to how leverage can quickly and dramatically magnify losses, transforming even a mild selloff into a painful loss.
For those unacquainted with investing jargon, the carry trade is a popular strategy that involves borrowing in a currency with low interest....More>>>
24/7 Wall St. has put together a preview of the major companies scheduled to report their quarterly results this coming week. The broad markets closed out last week with the Dow and S&P 500 holding near all-time highs. However, the Nasdaq has fallen off but could stand to make a handy recovery. A strong earnings showing from these stocks could help the markets reach even higher highs.
After a slight pullback in April following a series of all-time highs, TD Ameritrade Holding Corp. (NASDAQ: AMTD)’s monthly summary of its Investor Movement Index showed its customers regained much of their former bullishness in May.
Synchrony Financial (NYSE:SYF) is trading at a PE for 2018 of 10.6x with a yield of 1.7%. The business is growing well organically and has abundant capital. All this gives you three reasons to own SYF: nice value, growth and capital return (which might segue into a boost to growth).
Let’s start with the capital: CET1 ratio of nearly 18% at 3Q16 on a Basel III fully phased in basis.....More>>>
U.S. equities fell again on Tuesday, pushing the stocks down in what was first back-to-back decline since January. Small-cap stocks were hit even harder, down for four straight sessions and in eight of the last ten sessions. The tape was heavy as political risk continues to grow amid partisan rancor in Washington.
In the end, the Dow Jones Industrial Average gave back 0.1%, the S&P 500....More>>>
Industry Weighs In on DOL Plan to Delay Fiduciary Rule
Federal Reserve Chair Janet Yellen said an interest-rate increase would “likely be appropriate” at the central bank’s upcoming meeting if employment and inflation continue to meet policy makers’ expectations.
Facebook Inc. (NASDAQ: FB) was worried about this, and so was traditional media. Bogus news sites had more traffic than legitimate ones late in the election cycle, according to a survey done by BuzzFeed:
A BuzzFeed News analysis found that top fake election news stories generated more total engagement on Facebook than top election stories from 19 major news outlets combined.
Related GLD JPMorgan's Kolanovic On Stocks, Gold And Advice For The Fed This Little Nugget Of An ETF Is Delivering Astounding Returns Take Profits In SPDR Gold Trust – NIRP Fallacy, Economic Balance, Dollar Recovery Weigh Against Gold Near-Term (Seeking Alpha)
With the broader markets hovering around their all-time highs at the moment, the idea of buying individual stocks that are at or close to their 52-week highs may not sound all that appealing. Stocks with the richest valuations, after all, are likely to be the hardest hit in the event of a marketwide downturn.
Nonetheless, our contributors think that Clovis Oncology (NASDAQ:CLVS), Corbus....More>>>
Whether you’re pocketing a bonus check or reveling in your newly received tax refund, landing an extra $1,000 is certainly cause for celebration. But before you go out and spend that cash all at once, here are 10 ways to put it to better use.
1. Start or pad your emergency fund
A new GoBankingRates study reveals that 69% of Americans have less than $1,000 in savings, while....More>>>
Oil prices are coming back to life. Global demand is soaring on the back of booming global GDP growth and oil inventories are plummeting even during winter which is a historically slow period for demand. As oil prices and the cash flow of oil companies rise, oil producers will inevitably return