Source: ThinkstockFebruary 23, 2018: The S&P 500 closed up 1.6% at 2,747.47. The DJIA closed up 1.4% at 25,311.92. Separately, the Nasdaq was up 1.8% at 7,337.39.
Friday was a very positive day for the broadU.S. markets, with all three of the major exchanges closing higher on the day. Crude oil made a strong recovery and is back above $63. The S&P 500 sectors were entirely positive.....More>>>
Just as a rising tide lifts all boats, an ebb tide, while it doesn’t sink them, makes the going a bit tougher. For natural gas producers, a relatively mild winter so far has left storage caverns at elevated levels and weighed on the commodity price of the fuel.
From a high of around $3.80 per million BTUs at the beginning of the year, natural gas for April delivery closed Friday at....More>>>
Netflix, Inc.(NASDAQ:NFLX) stock received several price target upgrades after the recent earnings.
Shares of Los Gatos, California-basedvideo streaming giant, Netflix Inc (NASDAQ:NFLX) have been trending downwards after the company reported a miss on its subscriber numbers in its latest earnings report. Netflix stock is down by more than 5% since the earnings report, closing....More>>>
Just 10 days after Nevada legalized recreational marijuana, the state has hit a major roadblock.
Nevada’s governor has declared a “state of weed emergency” for recreational marijuana regulations after the state’s tax authority declared that many stores are running out of legal weed.
The emergency declaration comes after the state’s newly legalized....More>>>
Stocks discussed on the in-depth session of Jim Cramer’s Mad Money TV Program, Monday, January 9.
The market has become too hot before getting into the earnings season which is not a good thing. “We want things cool. There is too much heat. That is why I’m hoping we get some more down days this week, just in case the earnings aren’t as perfect as they need to be after....More>>>
Shaw Communications (NYSE:SJR) has seen a strong reaction in its stock price in response to its 2nd quarter earnings report that showed significant subscriber performance in its cable and wireless segments. This was especially surprising as the company had lowered expectations ahead of the quarter. However, we think that the company is currently overvalued as it trades at a premium in forward EV/EBITDA....More>>>
April 7, 2017: Markets opened nearly flat Friday and did not gather any positive strength until mid-day. Telecom and consumer staples were the top performing sectors while the utilities and energy sectors lagged. WTI crude oil for May delivery settled at $52.24 a barrel, up 1% on the day and at its highest level since March 7. June gold added 0.3% on the day to settle at $1,257.30. Equities were....More>>>
It does not seem as if legendary value investor Seth Klarman (Trades, Portfolio), founder of the Baupost Group, is very confident about the seemingly incessant rise in U.S. stock markets. That puts him at odds with Warren Buffett (Trades, Portfolio), who seems as confident as ever in American markets.
In his recent letter, Klarman notes the markets are currently at “perilously high....More>>>
One knock against many high-growth software companies is that they often put growth before profits. However, investors have become complacent in this approach to business. User growth is king, and all other metrics are secondary. Without an enormous user base, the thinking goes, the potential for future profits doesn’t exist.
There’s a precedent for this rationale. After all,....More>>>
“Repealing and replacing Obamacare” was a chief talking point of President Trump’s campaign.
President Donald Trump’s election was supposed to have solidified the ultimate demise of the Affordable Care Act (ACA), better known as Obamacare.
After all, overturning former President Barack Obama’s legacy healthcare law was a major talking point for Trump....More>>>