March 20, 2017: Markets opened slightly lower Monday and traded close to the break-even line all day. Leading indicators and consumer sentiment readings were both strong. Only the materials sector traded high late in the afternoon while energy and utilities were the laggards. The blue chips were performing best. WTI crude oil for April delivery settled at $48.22 a barrel, down 1.2% on the day. April....More>>>
Warren Buffett attends the world premiere screening of HBO’s “Becoming Warren Buffett” at The Museum of Modern Art on Thursday, Jan. 19, 2017, in New York. (Photo by Charles Sykes/Invision/AP)
Warren Buffett rarely likes technology stocks.
His rationale? Stick with what you know. Buffett readily admits that he does not understand technology so he has avoided investments....More>>>
This trading week has been shorter than most with Thanksgiving taking place on Thursday. As a result not too many companies have released news, updates or earnings this week, despite the markets hitting new highs across the board. However, a few companies did hold back the Trump rally.
24/7 Wall Street has picked out a few companies posting some of the largest losses for the past week, up....More>>>
Stocks had a quiet Wednesday, and theDow Jones Industrial Average (DJINDICES:^DJI)and theS&P 500 (SNPINDEX:^GSPC)ended the session with small losses.
Today’s stock marketIndex Percentage Change Point Change Dow (0.27%) (64.65) S&P 500 (0.08%) (1.95)
Data source: Yahoo! Finance.
Rising crude prices gave a boost to energy stocks, and the SPDR S&P Oil....More>>>
Its no surprise that cryptocurrency patents have risen at an extreme rate since the inception of bitcoin in 2008. In fact, the long-term chart of patents looks eerily similar to its price. However, what is surprising is who tops the list.
Bank of America has filed for the most Bitcoin patents
The U.S. banking giant has filed for the most cryptocurrency-related patents according to....More>>>
Source: ThinkstockNovember 20, 2017: The S&P 500 closed up 0.1% at 2,582.23. The DJIA closed up 0.3% at 23,431.55. Separately, the Nasdaq was up 0.1% at 6,790.71.
Monday was a relatively positive day for the three major U.S. exchanges, but trading volumes were low as this is a truncated trading week. Crude oil was negative on the day. The S&P 500 sectors were more or less split down....More>>>
Theres no clear consensus on how Apple Inc. (NSDQ:AAPL)will perform in China, as retail channel checks suggestdemand is robust in China.
However,the Chinese retail commentary wasnt very supportive in the month of October, and Im guessing that was attributed to Apples cautious stance on channel inventory, as Apple reduced channel inventory by a couple of weeks, which reduced production at....More>>>
Patriot One is a Canadian-based technology company that has developed an advanced concealed weapons detection system that delivers real-time warnings to keep potential attackers at bay and to keep the general public safe and secure. “Using radar and machine-learning algorithms that interpret the signal that comes back, every metallic object they’re carrying will resonate with a very....More>>>
May 23, 2017: Markets opened higher again Tuesday but have not moved much higher as the session went on. The blue chips performed best with particular strength in financials. Tech stocks and consumer discretionaries are on track for a down finish. WTI crude oil for July delivery settled at $51.47 a barrel, up 0.7%. June gold dipped 0.5% for the day to settle at $1,255.60. Equities were headed for....More>>>
Warren Buffet aims to hold stocks forever. Were a bit less patient. But we like playing the long game: picking a few solid companies, sticking with them through tough times and hanging on for years, even a decade or more. Investing for the long haul can smooth out the risks of buying individual stocks, which may tumble or stay depressed for ages before taking off. A companys innovations may also....More>>>