The S&P 500 is up nearly 7% year-to-date, but the average stock in the index is up just 5.70%. This means the largest stocks in the cap-weighted index are outperforming the smallest names. Even still, two-thirds of the stocks in the S&P are up year-to-date, while 35% of stocks are up more than 10%. Seventy stocks are up more than 20%, while just 25 are up more than 30%.
Did you panic? Were you afraid? Last month, on Wednesday, May 17, stocks got beaten up. After starting the week at new highs (around 2,400 on the S&P 500 Index), stocks fell nearly 2% – their worst one-day fall this year. Anytime investors are reminded that stocks can go down as well as up in value, our mailbag "lights up." Subscribers suddenly want to have constant....More>>>
Top executives at United Parcel Service Inc. (NYSE: UPS) took home outrageously high compensation last year, even though the parcel carrier missed many of its performance targets, like revenue growth and total shareholder returns.
In fact, UPS said in its March filings with the U.S. Securities and Exchange Commission (SEC) its three-year performance missed targets for revenue growth,....More>>>
American families can afford bigger helping of Thanksgiving dinner this year.
A classic Thanksgiving dinner will cost$49.87 for a gathering of 10, just under $5 per person, according to figures out this week from the American Farm Bureau Federation. The total is a step back from 2015s all-time high of $50.11.
If you adjust for inflation, the price is lower this year than when we first....More>>>
When will retailers learn thatAmazon.com(NASDAQ:AMZN)is not their friend? Over and over again, retailers think that by partnering with the e-commerce king they’ll benefit through some sort of halo effect that will allow the tremendous traffic Amazon drives to trickle down to them and boost their own sales. Rarely, though, does it seem to ever happen, and Amazon continues to undermine its competition....More>>>
Brazilian oil giant Petrobras (NYSE:PBR) remained focused on reducing its cost base when oil prices were going south. But, the good part is that the price of the commodity is now picking up pace, with Brent crude now consistently trading above $55 per barrel after the production curtailment decision by the OPEC and non-OPEC countries.
This is great news for Petrobras investors since the company’s....More>>>
Roth IRA conversions have the potential to create considerable value for people who have enough funds available outside of their retirement accounts to cover the taxes they generate. Roth conversions benefit from not being subject to the 2016 contribution limit of $5,500 per year (or $6,500, if you’re age 50 or older) or any income limitations.
See Also: How to Unwind a Roth Conversion....More>>>
It's been a bad month for Pegasystems (NASDAQ: PEGA), with investors running for the exits after a huge top-line miss in Q3. For an enterprise software company, there's probably nothing worse. Pegasystems sold off from all-time highs near $65 and now trades nearly 20% lower, in the low $50s.
Like parades and fireworks,Independence Day cookouts are a holiday tradition. But hosting one can get priceyif you dont watch your budget. Hereare some tips for hostinga fabulous cookout this Fourth of July without going broke, courtesy of Sarah Spigelman Richter, a food reporterbased in Manhatta