The recent U.S. stock rally, which began off the bottom in late June and saw the market break to new all-time highs in early July, has been anemic by almost any measure. While not that much seems to be happening on the surface, underneath it the internals have been undergoing change. The groups leading the rally are not the same groups leading the market prior to the rally. It is not uncommon for....More>>>
Stocks spent most of Friday’s session in the red before breaking higher at the end of the trading day. By the close, theDow Jones Industrial Average(DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC) indexes had each gained less than 0.25%.
Today’s stock market
Dont take any dividends for granted today. Business disruption is accelerating as entire industries are being eaten alive.
Uber and Lyft? Killed cabs.
Amazon (AMZN)? Its crushing retail, and starving their REIT landlords right before our very eyes.
And soon, they might team up to offer more same day deliveries and make more rivals obsolete!
On Tuesday, our Under the Radar Moversnewsletter suggestedgoing long on small cap energy storage and power delivery stock Maxwell Technologies (NASDAQ: MXWL):
We had to zoom in pretty tight on the chart of MXWL to show you some of the most relevant details. But, know that in so doing we lost some perspective on another key bullish clue. That is, the converging wedge pattern (red lines) extends....More>>>
By Ben Reynolds
Bank of Nova Scotia (NYSE:BNS) is the third-largest Canadian bank ranked by market cap.
Bank of Nova Scotia’s market cap is $64 billion The Toronto-Dominion Bank’s market cap is $83 billion Royal Bank of Canada’s market cap is $94 billion
Bank of Nova Scotia’s financial metrics should immediately stand out for value-focused dividend....More>>>