The stock market climbed sharply on Thursday, responding well to favorable earnings results from several corners of the market. Major benchmarks were up 1% to 2%, with particularly good performance from the Nasdaq Composite thanks to the tech sector’s outperformance during the day. Yet some stocks suffered from bad news that cast doubt on companies’ ability to benefit from generally....More>>>
A good friend of mine loves to cite this quote often attributed to Mark Twain: “It’s not what you know for sure that gets you in trouble. It’s what you know for sure that just ain’t so.”
Retirement saving and investing are similar. It’s easy to fall into retirement strategy beliefs that “seem” to be true. Be sure not to....More>>>
Last week Renewable Energy & Power, Inc. (OTC PINK : RBNW ), a diversified corporation with markets in energy-saving technologies of LED lighting, solar and wind energy, announced a large San Francisco Bay Area electronic assembly corporation has approved the installation of 1,275 LED lights for their entire main campus.
This is the third such announcement in as many....More>>>
Earnings season can be one of the most lucrative times of the year for stock traders.
Just take a look at Money Morning Quantitative Specialist Chris Johnson’s track record.
He banked a 224% profit on Best Buy Co. (NYSE: BBY) after its May 2017 earnings report, 151% on Deere & Co. (NYSE: DE) in May 2017, and another 100% gainer in only 18 days after Alibaba Group Holding....More>>>
Renowned investor and longtime goldbug Jim Rickards made a shocking gold price prediction in a recent interview with Kitco News…
“I expect to see gold hit $5,000 and eventually to $10,000 an ounce,” said Rickards.
The question is, what are the catalysts that could take gold this high?
According to Rickards, it comes down to two very important factors…
Gladstone, NJ, based Investment company Murphy Capital Management Inc buys SPDR Select Sector Fund – Consumer Discretionary, Bristol-Myers Squibb Company, SPDR Select Sector Fund – Industrial, Lear, OSI Systems, SPDR Select Sector Fund – Consumer Staples, Siemens AG, CBS, iShares MSCI Emerging Index Fund, FedEx, sells Xylem, Time Warner, St Jude Medical, Mead Johnson Nutrition....More>>>
Our Top Pick for conservative growth investors in 2017 is a private equity firm specializing in acquisitions, buyouts, and middle market investments, explains Jimmy Mengel, editor of The Crow’s Nest.
Compass Diversified Holdings (CODI) seeks to invest in manufacturing, distribution, consumer products, and business services sectors.
One thing I like about Compass is its strict....More>>>
It was a mixed day for stocks as blue chips managed to squeak out a gain and small-caps got crushed ahead of tomorrow’s Fed announcement.
Keith Bedford for The Wall Street Journal
The S&P 500 fell 0.2% to 2,015.93 today, while the Dow Jones Industrial Average rose 22.40 points, or 0.1%, to 17,251.53. The Nasdaq Composite fell 0.5% to 4,728.67. The Russell 2000 tumbled 1.6%....More>>>
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Credit card companies give away billions of dollars in cash back and travel rewards to new customers every year. Many banks are even willing to lose money on new sign-ups for the first year of their relationship with customers in order to establish a good long-term credit card holder. Smart consumers can take advantage by signing up for new credit cards with lucrative bonuses, then ensuring they....More>>>