Wall Street on Monday didn’t just cash in on one winner, or a daily double, or even a trifecta. It notched astock market-style superfecta, with all four major U.S. stock indexes — representing blue chip names, technology stocks, small caps and large-company stocks — all closing at record highs on the same day for the first time in 17years.
Source: ThinkstockAs water levels drop in the areas hardest hit by tropical storm Harvey, the focus has turned to the hundreds of thousands of people affected by the storm who require shelter, food, and help getting their lives back together. That is as it should be.
At the same time, the oil & gas industry of south and east Texas continues to inspect facilities and begin the....More>>>
U.S. stock futures appear to be taking a breather this morning, after the major market indexes banked their second consecutive session of record highs on Friday. It will be a busy week for traders, as former FBI Director James Comey will testify this week before the Senate Intelligence Committee, the European Central Bank will hold a monetary policy meeting and U.K. election on Thursday could bring....More>>>
New York, NY, based Investment company Grandfield & Dodd, Llc buys Enbridge, Johnson Controls International PLC, M&T Bank, Albemarle, Walt Disney Co, Gilead Sciences, US Bancorp, Abbott Laboratories, Vanguard Large-Cap ETF – DNQ, Clorox Co, sells Spectra Energy, St Jude Medical, Nordstrom, Emerson Electric Co, Chubb during the 3-months ended 2017-03-31, according to the most recent....More>>>
Longtime readers know Steve Sjuggerud is a true contrarian… Steve has made a career of recommending cheap, hated assets that most investors have no interest in owning… And he has a long track record of winners to show for it (including the best-performing recommendation in Stansberry Research history). But in last month's issue of his True Wealth Systems service,....More>>>
Shares of small cap natural compound and Cannabinoid extract stock Radient Technologies (CVE: RTI) have been taking off lately as the Company makes further progress commercializing its technology. The Company extracts natural compounds from a range of biological materials using microwave assisted processing (MAP), a patented technology platform which provides superior customer outcomes in terms....More>>>
While U.S. equities overall remain rangebound, energy stocks are on the move on Wednesday with crude oil moving back above the $47-a-barrel level thanks to a surprise inventory draw, the largest since 2016. This comes despite a ramp up in U.S. production to the highest levels since August 2015.
Source: Senor Hans via Flickr
And yet gasoline demand is actually moving lower,....More>>>
After facing several challenges in 2016 that pushed down results, Phillips 66 (NYSE:PSX) bounced back big-time in the first quarter. The company trounced the consensus estimate by a whopping $0.51 per share, which was roughly 10 times higher than the $0.05 per share analysts expected.
Needless to say, the company had a strong quarter, which CEO Greg Garland highlighted on the accompanying....More>>>
Hopefully this article will help investors/readers grow their assets.
Valero Energy Corp. (NYSE:VLO) is a refining competitor to Phillips 66 (NYSE:PSX). In Q2 2016 Warren Buffet raised his stake in PSX by 1.09% (+824,630 shares) to 14.53% (or 76,375,375 shares). He may eventually plan to buy the entire company. Investors could buy PSX in order to ride along with Warren Buffet. As a good....More>>>
August 21, 2017: Here are four stocks trading with heavy volume among 237 equities making new 52-week lows in Monday’s session. On the NYSE, advancers led decliners by about 15 to 3 and on the Nasdaq decliners led advancers by about 16 to 13.
Sometimes the market gets fairly excited about a perceived significant event causing a lot of would-be investors to jump into an investment without properly weighing all the potential risks and outcomes. Cobas Asset Management invested in Teekay Corporation (TK) to the tune of about 4 million sha
Check Point Software (NASDAQ:CHKP) is a technology company that provides cyber security solutions for different kinds of businesses and protects them against cyberattacks and malware software. Last month, the company announced quite a good financial report for Q1, in which it showed that the reve
The WannaCry ransomware (a type of malicious software) has affected hundreds of thousands of computers and bank ATMs across 150 countries. The malware encrypts the files on a user's system and then displays a message demanding ransom to decrypt the infected files.
Chesapeake Energy (NYSE:CHK) displayed strong financial and operational results in their first-quarter earnings report on May 4, 2017. The company beat Wall Street estimates on both the top and bottom line, with a solid beat of $0.04 cents and $430 million in terms of EPS and revenue, respectivel