The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 0.5% in the group’s seasonally adjusted composite index for the week ending June 29. Mortgage loan rate movements were mixed last week.
This week, I told my Maximum Income readers that I’m optimistic after seeing the earnings reports so far this quarter. There is room for upside in the current stock market, although there are also risks.
I laid out my reasoning for this in detail to my subscribers, but what’s important to know is that all this indicates to me that our focus needs to remain in safety.
While it’s open to debate whether President Donald Trump made America great, the 2016 election did produce one undeniable result: it laid the foundation for cannabis-related businesses, thereby dramatically improving profitability potential for marijuana penny stocks.
During the general election, a record number of states voted for marijuana legalization to varying degrees. Of those....More>>>
Pennymac Mortgage Investment (NYSE:PMT) – Equities researchers at Wedbush lifted their Q1 2019 earnings per share estimates for shares of Pennymac Mortgage Investment in a research note issued to investors on Thursday, May 10th. Wedbush analyst J. Weaver now anticipates that the real estate investment trust will post earnings per share of $0.36 for the quarter, up from their previous estimate....More>>>
Mention the word uranium and most likely weapons of mass destruction come to mind. While you can make plenty of jokes about investment returns in the event of nuclear war, choosing to diversify your portfolio with uranium mining stocks is certainly worth a closer look.
Azincourt Uranium Inc. (OTCBB: AZURF) (TSX: AAZ.V) the Canadian based resource company specializing....More>>>
Comfort Systems USA, Inc (“FIX”, or the “company”) provides mechanical contracting services, primarily HVAC, plumbing, as well as off-site construction, electrical, monitoring and fire protection. The company has performed well over the last several years, with good revenue growth and margin expansion. FIX and its peers have spoken about increased demand for their products....More>>>
&l;p&g;&l;img class=&q;dam-image getty size-large wp-image-514451378&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/514451378/960×0.jpg?fit=scale&q; data-height=&q;639&q; data-width=&q;960&q;&g; Company logo of Apple on an Apple store in Manhattan on February 25, 2016 in New York, United States of America. (Photo by Thomas Trutschel/Photothek via Getty Images)
On Thursday, Wall Street will celebrate the eighth anniversary of the most recent, and perhaps the most hated, cyclical bull market. It has been hated because there are those who believe the gains were fueled by the Federal Reserves quantitative-easing programand therefore artificial.
Yet, the bull has charged on, making the faithful a pretty penny.
No matter what Nutanix (NASDAQ:NTNX) does, it just can’t seem to win back the favor of the markets. In the aftermath of a strong beat-and-raise quarter that ended a stellar fiscal year for Nutanix, the market shrugged off the stock, keeping it flat at a bargain price of $22.
Despite the market’s bored reaction to the stock, opinions of it are anything but. Like many of its high-growth,....More>>>
When I started investing over 25 years ago, I read any stock book I could get my hands on. I wish the first book about investing I found would have beenBenjamin Graham’s classic The Intelligent Investor. Unfortunately, it wasn’t. I read Wade Cook’sWall Street Money Machine. With little money in my brokerage account, I latched onto his “rolling stock” concept and applied....More>>>
SOFIA, Bulgaria The European Union has called on U.S. President Donald Trump's administration to stop threating it with tariffs on steel and aluminum, saying Thursday it is prepared to discuss trade but not at gun-point.
In March, Trump slapped tariffs of 25% on steel imports and 10% on impo
Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...
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If you're not familiar with how Social Security works, you might assume that there's a single age at which eligible recipients have to file for benefits. Not so. You actually get an eight-year window to claim benefits that begins at age 62 and carries through until age 70. (Technically, you're no
The biopharma and drug supply chain sectors outperformed the market last week, even as Trump administration officials pressed the president's blueprint to lower drug prices, with tough rhetoric for drugmakers and public shaming of pharmaceutical firms for supposedly blocking competition.