I (Porter) know a headline like that will leave me with only about five people still reading. So let me try again… The next 18 months will likely see: a terrible bear market… a substantial economic recession… and a great opportunity for you to buy high-quality businesses at reasonable prices – but only if you raise cash now. Don't believe me? Let me explain…....More>>>
As many expected, Donald Trump’s presidency is off to a raucous start, and it shows no signs of slowing down. That means, for investors, volatility in the market is just around the corner. And when volatility rears its head, investors turn to gold — not coins, per se, but gold-mining stocks. Yamana Gold (NYSE:AUY), a leader among gold-mining stocks, is one name that has been drawing....More>>>
1. Stock market overview: U.S. stock futures were a bit sluggish Monday after major indexes hit fresh record highs last week.
Asian markets closed with mixed results, and European markets also struggled to find direction.
The Dow Jones industrial average, S&P 500 and Nasdaq all rose by more than 2% over the past week to hit all-time highs.
Before the Bell newsletter:....More>>>
Today, I will show you how to take our very best investment ideas and make them 10 times better… That's right. Using this simple strategy, I believe every individual investor managing less than $10 million can earn 50% a year in safe stocks. Returns at this level can transform your retirement… or even build generational wealth. But this doesn't mean you....More>>>
Outside of China, Mexico is the ‘most hated’ country in Trump’s America. Last year, a survey of investors conducted by Barclays forecast the Mexican peso going to 26. It’s now at 21. If it goes to 26, buy Cancun, people. Despite all the media noise about Trump versus the Mexicans, the question investors are asking now is when will Mexico be cheap enough not to ignore?....More>>>
A month ago, Teslas closing stock price peaked at $383.45, and last week the stock closed below $330.
Tesla Inc. Powerpacks and inverters stand at the Southern California Edison Co. Mira Loma energy storage system facility in Ontario, California, U.S., on Thursday, June 1, 2017. The Mira Loma substation houses nearly 400 Tesla Powerpack units, in an effort to operate to state regulations....More>>>
Shares of Wynn Resorts plunged more than 10% Friday after a Wall Street Journal story detailing numerous allegations against founder and CEO Steve Wynn.
Wynn denied the charges in the Journal story.
“The idea that I ever assaulted any woman is preposterous,” he said in a statement that the company sent to CNN. “We find ourselves in a world where people can make....More>>>
Editors’ pick: Originally published Nov. 17.
If there’s a widely held – but false – belief about Social Security, it is that the monthly check (the average amount is $1,341, and the maximum amount is about $3,576) is tax free. Don’t tell that to the 40% of beneficiaries who pay federal income tax on the check. There’s even a special IRS publication....More>>>
Anthem (ANTM) has suedExpress Scripts, alleging that the pharmacy benefits manager charged too much for the drugs it provided. Citigroup’sGaren Sarafian explains:
Anthem filed a suit intraday today against its pharmacy benefit manager Express Scripts for what it believes is higher than competitive benchmark pricing that the company has previously claimed to....More>>>
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>>>