December 15, 2017: Markets opened higher again Friday and continue to put up gains throughout the day. All three major equities indexes posted new intra-day highs as all sectors traded in the green, led by financials and consumer staples. WTI crude oil for January delivery settled at $57.30 a barrel, up 0.5% for the day, but down 0.1% for the week. February gold added just 40 cents on the day to....More>>>
Global expert Vivian Lewis offers a counter-initutative trade on Trump administration policies. Here, the editor of Global Investing looks at a closed-end funds with exposure to Cuba.
This "Trump pick" is a snub to the President’s trade and diplomatic reversals of Obama’s wins regarding Cuba. We are buying back Herzfeld Caribbean Basin Fund (CUBA), following in....More>>>
Larkspur, CA, based Investment company Park West Asset Management LLC buys eBay, Dell Technologies, Ellie Mae, Alliance Data Systems, Shutterfly, Nexstar Media Group, Marvell Technology Group, FirstCash, DaVita, Brunswick, sells Pandora Media, Service International, LendingClub, Tailored Brands, Stamps.com during the 3-months ended 2016-12-31, according to the most recent filings of the investment....More>>>
Warren Buffett (Trades, Portfolio)’s annual letter to shareholders of Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) was released last weekend, and as usual, Wall Street has spent the last few days dissecting the letter for any guidance and tips from the Oracle of Omaha on investing and strategy.
Buffett’s letter to investors has become somewhat of a yearly investment bible for value....More>>>
Stocks discussed on the in-depth session of Jim Cramer’s Mad Money TV Program, Monday, January 9.
The market has become too hot before getting into the earnings season which is not a good thing. “We want things cool. There is too much heat. That is why I’m hoping we get some more down days this week, just in case the earnings aren’t as perfect as they need to be after....More>>>
Its the most wonderful time of the year to shop for gifts. But if youre not careful, you could receive an unwelcome surprise: an overdraft error in your checking account. Here’s how technology plus smart shopping can keep you from spending your way into the red.
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Many banks and credit unions can send a text message if your balance drops below....More>>>
Source: ThinkstockUntil about 2008 or so, discussion about the future price of crude oil was directed by the concept of peak oil. That is, when does the world reach peak production, after which the price of crude will skyrocket. In less than a decade, the discussion is now focused on the concept of “peak demand,” the point at which global demand for crude begins to decline.
Stocks will try to rebound from yesterday’s Fed-Ryan double whammy this morning after jobless claims fell more than expected.
S&P 500 futures have advanced 0.1%, while Dow Jones Industrial Average futures have ticked up 0.1%. Nasdaq Composite futures have risen 0.1%.
Bed Bath & Beyond (BBBY) has climbed 3% to $38.95 after beating....More>>>
MMC Norilsk Nickel PJSC (NILSY) is our first stock pick based on the Trump administration; it is a metal company run mostly by Russians in Londongrad, notes international investing expert Vivian Lewis, editor of Global Investing.
NILSY was cobbled together by a bunch of oligarchs who share the spoils through their shareholdings: 30.3% by Vladimir Potanin Roman, CEO via Interros; 27.l8%....More>>>
We’ve noted before that for all the attention Macau gets, the real action for casinos these days is in Las Vegas. In a report issued today, Gabelli’s Adam Trivison touts the importance of Nevada for Boyd Gaming (BYD) and MGM Resorts International (MGM), which have large Nevada footprints, and for Wynn Resorts (WYNN) and Las Vegas Sands (LVS), which don’t: