Energy was a key sector driving profits for S&P 500 index in 2017. Per the latest Earnings Trends, the index witnessed year-over-year earnings growth of 7.1% last year. However, excluding the Energy sector, the index’s earnings growth fell drastically to 4.4%.
President Trump recently announced his plans for tariffs on both steel and aluminum imports into the United States, setting off a wave of threats from other countries and sending the S&P 500 nearly 1.5% on the day.
Since the announcement, fear has been building that retaliatory tariffs could start a trade war of tit-for-tat increases in everything from agricultural products to designer....More>>>
With Social Security funding issues around the corner, uncertain market conditions, long-term low interest rates and skyrocketing medical costs, American retirees are facing a laundry list of retirement challenges. The only certainty is that retirement is going to be dramatically different than the retirement previous generations encountered. In order to retire with financial security and dignity,....More>>>
U.S. equities finished mostly higher on Wednesday, with large caps stronger and small caps weaker, following the Federal Reserve’s latest policy announcement.
In the end, the Dow Jones Industrial Average gained 0.5%, the S&P 500 gained a fraction, the Nasdaq Composite gained 0.2% and the Russell 2000 lost 0.6%. Treasury bonds were stronger, the dollar weakened notably, gold lost....More>>>
Related GLD The Multi-Billion Dollar Gold Trade Confusing The Market Gold Futures Attempt To Close Over $1300 Again Indexes Quiet Despite Texas Storm Turmoil; Gold Gets Another Lift (Investor’s Business Daily) Related DUST Dusting Off DUST For A Quick Trade Fed Hikes Rates Without Disrupting....More>>>
Amaya’s stock has been on a wild roller coaster ride this year, with catalysts ranging from the CEO (David Baazov) being accused of insider trading, to takeover rumors, to failed mergers and now a formal bid by the aforementioned CEO. There have certainly been a lot of hopes and headaches, but I believe there is a strong underlining long case to be made on Amaya. I wrote a blog post about....More>>>
I’ve made a career in spotting trillion-dollar themes in the market, first as an equity analyst and more recently as a pre-IPO investor.
Any analyst can create a cash flow model — it’s as simple as working through a company’s financial statements to scrutinize the true cash-generating power of the investment. Every broker, research firm and fund manager has....More>>>
It’s coming down to the wire if you haven’t filed your federal income tax return (like me). Fortunately, there are still some easy ways to trim your tax bill.
If you do it right, some of the tax breaks offered will allow you to save more for retirement — in addition to cutting your federal taxes. That means it’s not too late to make a contribution to your 401(k) or....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>>>
If one is to truly allege that the digital asset is little more than a massive ploy to defraud unwitting investors of their money, la Bernie Madoff, then one must admit that the entire stock market itself is one giant hustle, too.
Last week, Skechers (SKX) presented at UBS Global Consumer and Retail Conference, giving interesting updates on the status of their business and their expectations for the future. I think its worth refreshing our view of the stock and its attractiveness.
In the last few weeks, we have seen two high profile unicorns file for initial public offerings. The first out of the gate was Dropbox (Pending:DBX), a storage solution for a world where gigabyte files are the rule rather than the exception, with a filing on February 23. Following close after,
U.S. stock futures moved sharply higher on Monday, indicating Wall Street may extend gains seen late last week after data showed a strong increase in jobs created, but weaker-than-forecast wages. Dow futures