Bethesda, MD, based Investment company Absolute Investment Management Llc buys iShares Core S&P 500, iShares Core U.S. Aggregate Bond, Schwab US Aggregate Bond, United Parcel Service Inc, United States Natural Gas Fund LP, iShares Russell Mid-Cap, iShares Core S&P Mid-Cap, iShares Core S&P Small-Cap, Snap Inc, Schwab U.S. Large-Cap, sells SPDR Select Sector Fund – Health Care,....More>>>
Salesforce.com, Inc. (NYSE:CRM) will report its fourth-quarter earnings after Tuesday’s bell, and based on the charts, it looks like investors are optimistic. CRM stock has jumped nearly 20% for the year-to-date.
Source: TopoI6 Via Flickr
But the markets have broadly been in bull mode of late, with plenty of participation coming from the tech sector. And investors still have....More>>>
Bond traders are ignoring the buds of inflation.
Many investors have argued that the absence of more robust wage growth and higher consumer prices will keep a lid on yields, but a closer look at the data show the Treasury market could be blindsided by a pick-up in wages and thus inflation, said Torsten Slok, chief international economist for Deutsche Bank.
Putting together an average....More>>>
If you were born between 1946 and 1964, you’re a baby boomer. Though homebuying is often associated with young couples, plenty of baby boomers in their 50s and 60s are securing mortgages in order to buy homes — and even more of them are currently carrying mortgages. Here are nine facts about mortgages that every baby boomer should know.
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Mohamed El-Erian, Allianz SE’s chief economic adviser, said investors willing to withstand short-term price swings would do well to bet on a rebound of currencies outside the world’s largest economies.
European Pressphoto Agency
An upbeat reading on U.S. retail sales isnt enough to keep U.S. stock indices from tanking today. The Dow dropped more than 200points in late afternoon market action.
The Dow Jones Industrial Average dropped 1.19% and the S&P 500 fell 1% while the Nasdaq Composite fell 0.6%.
Energy and financial shares in the S&P 500 led the declines with....More>>>
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Extortionist hackers who may be using leaked computer exploits from the U.S. National Security Agency infiltrated computers in dozens of countries in a fast-spreading attack that forced British hospitals to turn....More>>>
Deutsche Bank’s Jorge Beristain and team explain why they upgraded US Steel (X) to Hold from Sell but left AK Steel (AKS) with a Sell rating:
M&M commodity prices rallied ~13% in 2Q16 and M&M coverage gained 24% on: 1) a view that a near-term commodity floor was formed following China’s stimulus in 1Q16; 2) which sparked a shift in investor willingness....More>>>
GENEVA — In the continuing quest to create a more powerful supercar, Ferrari says it’s done it again.
This time, it’s the appropriately named 812 Superfast, which arrives in conjunction with Ferrari’s 70th anniversary.
Its 6.5-liter V-12 engine will produce about 790 horsepower, which the brand promises will deliver “thrilling top-end performance,”....More>>>
Last March, I recommended American Airlines (AAL), opining that it was just too cheap to ignore. Through last night, it had returned 23% to the S&P 500′s 15%. But American Airlines is getting hammered today after releasing earnings this morning.
Agence France-Presse/Getty Images
What’s going on? Its earnings weren’t great–itreported an adjusted profit....More>>>