Theres reason tothink that President Trump might target uranium imports for tariffs after imposing them on solar equipment back in January and then another announcing another round late last week on steel and aluminum (China has alreadyresponded by announcing planned tariffs on imports of U.S. pork, recycled aluminum, steel pipes, fruit and wine). At first glance, you might think that wouldcause....More>>>
The incredible year for Steve Sjuggerud's True Wealth China Opportunities subscribers continues… Regular DailyWealth readers know Steve made a bold call last summer. In short, despite years of dismal performance – and widespread fear of economic collapse – Steve said Chinese stocks were a "buy" again. At the time, Steve noted that Chinese stocks....More>>>
Sometimes I discuss stocks which sit out of my comfort zone, simply because they have a few characteristics which could be of interest to any kind of investor but don’t necessarily fit my portfolio. For example a blue chip stock which has features of positive capital gains combined with interesting dividend. In this case I am talking about Accenture (NYSE:ACN). A little bit more than a year....More>>>
Shares of Rogers Corp. (NYSE:ROG) gained 19.9% in April 2017, according to data from S&P Global Market Intelligence.
The company reported first-quarter results on April 26, sending share prices nearly 12% higher the next day. Rogers saw 27% year-over-year sales growth and 79% higher earnings, leaving analyst estimates far behind in both cases.
The Dow Jones today projected a 61-point decline as investors prepared for the president’s announcement on Iran. According to European diplomats, U.S. President Donald Trump is expected to withdraw the United States from the deal, despite the fact that rejecting the pact is likely to foster an international crisis.
As global upheaval continues to rock market, gold has staged a....More>>>
When it comes to consumer technology companies, it is extremely tough to pull off a turnaround. Often these operators eventually fade away, as seen with Kodak and Palm. The fact is that it can be difficult to reinvigorate a brand that has become, well, an anachronism.
There are exceptions, of course. Perhaps the most prominent example is Apple....More>>>
Two initial public offerings (IPOs) made it into the public markets last week, with insiders taking about two-thirds of the shares on offer. Next week’s action includes a cable TV operator, three REITs, and three blank-check companies.
Biotech firm Athenex Inc. (NASDAQ: ATNX) raised $66 million selling 6 million shares at $11, the low end of the expected price range. The shares got....More>>>
The day started out strong, but as time passed, the bullishness faded and the bears dug in. By the time the closing bell rang, the S&P 500 had slipped into the red, closing down 0.17% at 2338.17. Still, that wasn’t enough to drag the index under its key support level of 2,329.
It was much worse for some names though. Namely, Diana Shipping Inc. (NYSE:DSX), Rite Aid Corporation (NYSE:RAD)....More>>>
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>>>
Is Facebook Inc stock a good buy near its all-time high price?
Shares of Menlo Park, California-basedFacebook Inc.(NASDAQ:FB)are on a roll in 2017, gaining more than 21% YTD after a lackluster 2016. FB stock is trading near its all-time high of $139.68. FB stock has been driven by multiple factors. At large, the strong bullish rally has been on account of strong revenue growth....More>>>