On Tuesday, stocks closed mixed with a preference for small-caps as they took gains in some blue chips and big-cap stocks.
Profit-taking started immediately, with a divergence of better-quality stocks being sold. Banks and other financials fell 1.4% at the close, while technology gained 0.9% and consumer discretionary rose 0.5%. Eight of the eleven sectors of the 500 lost ground. From the....More>>>
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Bank of America’s first-quarter profits jumped 40% to $4.86 billion, up from $3.47 billion a year ago. Per-share earnings were $0.41, beating estimates and last year’s $0.38 EPS.
Revenue rose 7% to....More>>>
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I will cut right to it today… The last time we saw this setup, emerging market stocks soared 400%, crushing the returns on U.S. stocks. Now, we're seeing this setup again. And I expect history will repeat – and emerging market stocks will dramatically outperform U.S. stocks in the next few years. Let me explain what's going on… Emerging market....More>>>
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While some Americans worry that the economy and the stock market are just about to crash, both appear to be quite healthy. If we’re looking at headline numbers, the stock market has never been higher, and unemployment is at a level that seemed unimaginable eight years ago.
Consider that since October 2009, unemployment has dropped from 10% to 4.4%....More>>>
Inspired by reports that OPEC had come to an agreement to curb its oil output as a means of propping up floundering crude prices, stocks got Wednesday started on a rather bullish foot. They just didn’t end it that way. By the time the closing bell rang, the S&P 500 was back in the red by 0.27%, closing at 2,198.81.
It was even worse for shareholders of Valeant Pharmaceuticals Intl....More>>>
Calumet Specialty Products Partners (NASDAQ: CLMT) is a name most readers would rather forget. Longtime investors are almost certainly sitting on massive capital losses- units have plummeted from $20-$50/unit down to $4/unit currently. I will take you on a tour through refining lubes/waxes 101, then talk about Calumet’s assets before diving into a post-mortem on the larger blunders committed....More>>>
In BlackBerry’s (NASDAQ:BBRY) latest earnings release CEO John Chen officially announced that going forward BBRY would be a S&S company (Software and Services) specializing in security. That means cell phone manufacturing is over and future phones with the BlackBerry name would be manufactured by others for a license fee.
Currently a license agreement has been signed with Indonesian....More>>>
Jim Cramer shares his views every day on RealMoney. Click here for a real-time look at his insights and musings.
Cramer: Why Are These Stocks Doing Well?
Posted at 7:17 p.m. EDT on Thursday, Nov. 17, 2016
Sometimes you just want to keep a list of stocks that act too well. At the top of the list? Celgene (CELG) . This company had a very good quarter with lots of growth but has....More>>>
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Apple Inc. (NASDAQ: AAPL) is said to be planning its own cloud infrastructure,....More>>>