&l;p&g;The Consumer Cyclicals sector currently earns an unattractive rating based on the market-weighted aggregation of the 443 stocks I cover in the sector. The Amazon (AMZN) impact and slow growing economy has led to declining profits and even &l;a href=&q;https://www.cnbc.com/2017/09/23/here-are-the-retailers-that-filed-for-bankruptcy-protection-in-2017.html&q; target=&q;_blank&q; rel=&q;noopener....More>>>
Source: ThinkstockJanuary 26, 2018: The S&P 500 closed up 1.2% at 2,872.58. The DJIA closed up 0.8% at 26,612.64. Separately, the Nasdaq was up 1.3% at 7,505.77.
Friday was a positive day for the U.S. markets. We are currently in the midst of the fourth quarter earnings season and so far it has been very positive for the markets, pushing all of the exchanges to all-time highs. Crude oil....More>>>
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For some, the Oscars might be this weekend’s highlight. But for investors, the much-anticipated release of Warren Buffett’s annual chairman’s letter will be the main event.
Shares of Berkshire....More>>>
Oil futures set off on a positive start Monday as the first decline in U.S. oil-drilling activity since January gave the market a fresh tailwind after seven-consecutive sessions of price gains.
The drop in Baker Hughes weekly count, coming after a record 23-straight weeks of rising numbers of active rigs, helped stoke sentiment that shale producers may have hit a bottleneck amid prolonged....More>>>
I swear that sometimes I have the worst timing for my buys. I just bought some shares of Teva Pharmaceutical Industries Ltd (NASDAQ:TEVA) on Thursday and its shares fell 7.5% the next day.
If you recall, I bought shares of McKesson Corporation (NYSE:MCK) the day before it fell 23% a few months ago. Thankfully, I reacted by doubling my position and now I’m a few percentage points above....More>>>
2016 was a momentous year, and for the Dow Jones Industrials (DJINDICES:^DJI), it was a successful one. Yet the year was also chock-full of major events, and many of them roiled the financial markets from time to time. In terms of the largest fall between market closes on consecutive days, the Dow’s worst day of the year came on June 24, when the Brexit decision for the U.K. to leave the European....More>>>
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 shares. This is probably a very welcome development. It tends to confirm the bull long-term goal of multibagger....More>>>
Stocks are getting pummeled today, and while it would be easy to blame inflation data and hawkish comments from Fed governors for the weakness, I’m not sure I buy it.
Yes, the S&P 500 dropped 0.9% to 2,047.21, while the Dow Jones Industrial Average fell 180.73 points, or 1%, to 17,529.98, and the Nasdaq Composite slumped 1.3% to 4,715.73.
I last wrote about magicJack (NASDAQ:CALL) on January 27th, 2016, describing how the business was a) highly free cash flow generative, b) supremely capitalized, c) pursuing several low-risk growth opportunities, and d) valued at insanely low multiples. Today, one year later, all four of the above remain true. And yet much has happened in the intervening 12 months.
$40M acquisition of UCaaS....More>>>