Profund Advisors LLC lifted its stake in shares of NetApp Inc. (NASDAQ:NTAP) by 14.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,660 shares of the data storage provider’s stock after purchasing
Millions of seniors rely on Medicare to provide health coverage in retirement. But more than half of Gen Xers today aren't confident that Medicare will do the trick once they become eligible, according to new data from Ameriprise Financial. Consequently, many workers who are midway through their
Source: ThinkstockMarch 14, 2018: The S&P 500 closed down 0.6% at 2,749.61. The DJIA closed down 1.0% at 24,759.12. Separately, the Nasdaq was down 0.2% at 7,496.81.
Wednesday was a down day for the broad U.S. markets. At first all three major indices started out positive, but each quickly slipped to negative. Again, most of this selloff came at the end of the day. The S&P 500 sectors....More>>>
This is part three in my series outlining the importance of implementing a retirement income framework.
Last year, my colleague Alex Murguia and I spent considerable time developing and testing a framework we call the Retirement Income Optimization (RIO) Map™ for commercial use at McLean Asset Management, where I serve as the Director of Retirement Research.....More>>>
Stocks continue to print new highs. And many continue to doubt the rally–as they have for much of the post-crisis recovery.
They continue to say stocks are priced for perfection, implying that stocks are expensive, and/or that investors are assuming a perfect presidency from Trump. But remember, we’ve talked about the massive fundamental and technical performance gap that has....More>>>
By now, it should be apparent to anybody with a functioning cerebellum that our political and economic policy leaders are abject failures. After years of impotent monetary policy at the hands of the Fed, decades of incompetent foreign policy by several administrations, a dormant and corrupt Congress, and an activist Supreme Court rewriting the Constitution, the world....More>>>
The chance of a potential buyout by Facebook Inc. offers support for Snap Inc. stock. But Would Facebook really want to buy Snapchat? Flickr
Venice, California, based Snap Inc (NYSE:SNAP), parent of the popular photo-sharing app Snapchat has been listed on the NYSE for less than a week. In the week immediately following the Snap IPO, a number of Wall Street firms issued initial commentary....More>>>
Fed rate hikes have generally been good for banks–but not today’s quarter point rise. What’s different?
The market clearly likes the rate hike today. The S&P 500 has gained 1% to2,388.03 at 3:01 p.m. today. The Financial Select Sector SPDR ETF (XLF) has is little changed at $24.78, while the SPDR S&P Bank ETF (KBE) has dropped 0.7% to $44.59.
It's one of the few constants in the financial markets… Popular investment ideas are usually losers. As we often preach, it pays to be a contrarian. Or as billionaire investor Warren Buffett has famously said, "Be fearful when others are greedy, and greedy when others are fearful." Whatever phrase you choose… whenever the "crowd" is....More>>>
Small cap 3D printer stockVoxeljet AG (NYSE: VJET) reportedQ1 2017 earnings after the Thursday market close with shares falling in premarket trading after a big run up over the past month. Total revenues decreased 7.0% to kEUR4.530 million as systems revenues decreased 39.2% to kEUR 1.693 million while services revenues increased 35.9% to kEUR 2.837 million. The Company delivered two new....More>>>
News headlines about Accenture (NYSE:ACN) have been trending somewhat positive on Sunday, Accern Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a sc
Prima plastics Ltd (PPL) recorded standalone sales growth of 19% YoY (~23% QoQ) largely driven by volume growth (I-direct estimate: ~14% YoY) in Q4FY18. The strong volume was on the back of capacity addition in FY17 at Ongole (Andhr
Media headlines about QuickLogic (NASDAQ:QUIK) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publi