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.
Fundamentals aren’tenough for AMZN stock, one needs to look beyond them.
Remember the $1000 Amazon.com (NSDQ:AMZN)price target many were cackling and crowing about? Well, that enthusiasm has quelled down a bit and for good reason. Fundamentally, AMZN stock does not make sense. However, understanding market structure can help you overcome this hurdle. Let’s take a closer look....More>>>
I cannot say that much has changed in the stock market over the last week, and our bullish bias will be maintained for 2017 as long as the S&P 500 remains over 2,205.
As I noted last week:
All year long, I have been telling anyone who has been willing to listen that the market is set up to rally this year, with an ideal ultimate target between 2,537 and 2,611 for 2017. And, even....More>>>
Millennials may have learned something from watching their parents struggle with debt. Or maybe not. What do you think is more probable: Being bitten by a snake, being attacked by a shark or going into credit card debt? Okay, this is a trick question, but who knew that people could fear something they have control over?
A recent survey by online lender Affirm found that,....More>>>
February 21, 2017: Here are four stocks trading with relatively heavy volume among 34 equities making new 52-week lows in Tuesday’s session. On the NYSE, advancers led decliners by more than 2 to 1 and on the Nasdaq advancers led decliners by about 4 to 3.
Sabre Corp. (NASDAQ: SABR) dropped about 1.8% Tuesday to post a new 52-week low of $20.89 after closing Friday at $21.30. The 52-week....More>>>
Biotech stocks have climbed steadily higher over the past few weeks. Still, the iShares Nasdaq Biotechnology ETF (IBB) has remained range bound between $240 and $290 for much of 2016.
So with major stock indices hitting new record highs, can biotech stocks break free? Perhaps, says Michael Yee, the industry analyst for RBC Capital Markets. But first, the market wants the political rhetoric....More>>>
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins
This article is reprinted by permission from NextAvenue.org.
Money is the top cause of stress in the U.S., the American Psychological Association reports, and the leading driver of stress in the workplace, according to studies by the National Business Group on Health, Aon Hewitt, PwC and
If youre bullish on oil, then Continental Resources (CLR) is the stock for you. I believe the company will likely significantly grow its earnings in 2018 due to higher realized prices and around 20% production growth. Meanwhile the company, which burned cash flows in 2017, will likely report str