DFSCoin (CURRENCY:DFS) traded 6.4% higher against the US dollar during the one day period ending at 9:00 AM Eastern on April 21st. One DFSCoin coin can currently be purchased for about $0.0488 or 0.00000560 BTC on cryptocurrency exchanges including CoinExchange and Cryptopia. In the last seven
Health care stocks are performing better this year than investors might think, given the rancorousdebate over the Republicanplan to repeal and replace Obamacare.
Overall, the 61 stocks in the Standard & Poor’s 500 health care sector — which include hospitals, insurers, drug makers, biotechsand medical device makers –have gained8.9% in 2017 versus a 6%rise for the broadstock-market....More>>>
A few days ago, an article about Nike (NYSE:NKE) argued that “Nike’s shares aren’t priced to buy.” The reasoning was that “Nike is, at best, fairly valued. And it certainly isn’t trading hands at fire-sale prices.” The question is: should you expect (and wait for) fire-sales prices? Most value investors know the maxim that it is better to buy a great business....More>>>
Advising Clients on Social Security: Talking Points, Part 3
IRS Issues Excise Tax Relief Related to DOL Fiduciary Rule
Wells Fargo has reached a $110 million settlement with its bank clients tied to as many as 2 million fake accounts. This news comes about six months after the bank agreed to pay $185 million in fines and penalties....More>>>
When 3G and Warren Buffett’s Berkshire Hathaway (BRK.B) got together to merge Kraft with Heinz to form Kraft Heinz (KHC), they argued that they could cut expenses to create a more efficient business. But if today’s earnings–which appeared, at least on the surface, to be pretty good–demonstrated anything, it’s that Kraft Heinz might be running out of synergies to juice....More>>>
Fear in U.S. stocks just hit a 24-year low, according to the market's "fear gauge." So… is it time to sell based on this indicator? Is this a sign of a top in U.S. stocks? In short, surprisingly, NO. Let me explain… Last week, the CBOE Volatility Index ("VIX") fell to less than 10. It's at its lowest level since 1993. In....More>>>
What the Future of Social Security Looks Like: Bill Reichenstein
Betterment CEO to Trump: DOL Fiduciary Rule Worth Your Time
Anthony Iannarino: How to Win Clients and Influence Prospects
Wells Fargo Advisors has agreed to pay a $1 million fine to the Financial Industry Regulatory Authority to settle allegations that it failed to adequately supervise advisors’ use of consolidated....More>>>
It’s been three trading days since the U.S. Federal reserve hiked interest rates–and the stock market has been moribund ever since.
The S&P 500 declined 0.2% to 2,373.47 today, while the Dow Jones Industrial Average dipped 8.76 points to 20,905.86. The Nasdaq Composite finished little changed at 5,901.53. The Dow Jones Industrial Average has dipped44.24....More>>>
The Dow Jones today jumped 57 points in pre-market trading after Facebook Inc. (Nasdaq: FB) posted better-than-expected earnings. Facebook beat revenue estimates by 4% and announced that it had increased its workforce by 48%. Much of the market expected Facebook to report losses on
Active money management is alive and well, at least at T. Rowe Price Group Inc.
The firm attracted $11.3 billion in client cash in the first quarter, the biggest inflow in six years and the second biggest quarterly haul in the company’s history, spokesman Brian Lewbart said in an em
Indonesian equities dropped the most in Asia, with the benchmark gauge sinking to its lowest level since Dec. 15, on concern that Bank Indonesia may raise interest rates for the first time since 2014 to defend the currency, which is already hurting economic growth.
The financial sector was a major part of the Great Recession, and it has been a major part of the recovery and raging bull market since then. Generally speaking, the major financial institutions in the United States are a good barometer of the current state of U.S. markets.