Investors are buying more government bonds right now than at any time in the last year… Should you join them? "Bonds drew in money for the 26th straight week," Reuters reported last week, "as investors hungry to earn a return rushed into U.S. Treasury funds, which enjoyed their biggest inflows in 62 weeks." Before you follow the crowd and rush into....More>>>
One of the best things about Seeking Alpha is the availability of research regarding stocks so risky that virtually no Wall Street advisors or analysts who care about keeping their jobs would ever consider recommending them – however large these stocks’ upside might be. The subject of this report is a company sufficiently dicey to earn its latest audit report a going concern qualification,....More>>>
It was a nothing day–until word spread that OPEC was seriously considering capping oil production. Then it was off to the races.
The S&P 500 0.5% to2,171.37 today, while the Dow Jones Industrial Average gained 110.94 points, or 0.6%, to18,339.24. The Nasdaq Composite advanced 0.2% to5,318.55. The S&P 500 was down 0.04% at 2:10 p.m. today, before the OPEC....More>>>
Related TNXP Tonix Pharmaceuticals Reports Topline Results from Phase 2 AtEase Study of TNX-102 Mid-Afternoon Market Update: Dow Jumps 200 Points; Community Health Systems Shares Drop On Downbeat Results Related RPRX Mid-Morning Market Update: Markets Edge Lower; Bank of America Posts Drop In Q1 Profit 10 Stocks Moving In....More>>>
Berkshire Hathaway, the conglomerate controlled by Warren Buffett, agreed Wednesday to buy a stake in the troubled Canadian mortgage lenderHome Capital Group in a $1.8 billionrescue plan.
Berkshire will pay $300.7million for a 38.4% stake of the Toronto-based company and extend a $1.5 billion line of credit.
“This investment from Berkshire not only addresses Home Capitals....More>>>
Won’t $0.99 per gallon of gasoline be great? That is what some “experts” predict for the summer of 2016. Maybe it will happen; maybe it won’t. What is for sure is that the price of oil has collapsed over the past year, and many U.S. oil companies have gone out of business.
See Also: Kiplinger’s Economic Outlook for Energy
So why did the price of oil....More>>>
Both Amazon.com (NASDAQ:AMZN) and Google’s parent company,Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), are trading near their all-time highs. Amazon’s stock has climbed so much in the past 12 months, it’s made its founder and CEO Jeff Bezos the second wealthiest person in the world, recently surpassing Warren Buffett and Amancio Ortega. Alphabet shares are up a modest 11%, compared with....More>>>
Globalstar (NYSEMKT:GSAT) has been growing its total sales, but still struggles with its bottom line. 2016 revenue increased 7%,but another round of financing could be needed to keep things afloat, as operating margin is still deep in the red. The company is making some headway, but time could be running out for the satellite communications provider.
A hole that keeps getting deeper
Toward the end of trading Wednesday, the Dow traded up 0.74 percent to 20,842.08 while the NASDAQ rose 0.56 percent to 5,931.37. The S&P also rose, gaining 0.66 percent to 2,375.73.
Leading and Lagging Sectors
Wednesday afternoon, the industrial sector proved to be a source of strength for the market. Leading the sector was strength from Plug Power Inc (NASDAQ: PLUG) and Envirostar....More>>>
Investment company Thai Life Insurance PCL. buys SPDR S&P Emerging Asia Pacific, iShares MSCI China ETF, PowerShares Golden Dragon China Portfolio, sells SPDR S&P 500, iShares Russell Mid-Cap, SPDR Select Sector Fund – Technology, iShares North American Tech, SPDR Select Sector Fund – Energy Select Sector during the 3-months ended 2017-03-31, according to the most recent filings....More>>>