Looking ahead to the first full month of Donald Trump’s presidency, many investors may have gotten a bit “over their skis” on resource stocks. Most metal prices are going to face a strong headwind in dollar strength from Trump’s protectionist pro-growth agenda.
Category: Financial Markets
Financial Stocks Likely to Post Strong Performance in February
Looking for gains in financials in February? Pay attention to the speed and size of economic growth, higher interest rates and increased trade friction, analysts say. Financial stocks look set to resume their gains in February, following a month in which two of the largest U.S. banks, JPMorgan Chase and Goldman Sachs , helped drive the Dow Jones Industrial Average to record highs.
Why Momenta Pharmaceuticals, Ally Financial, and Thermo Fisher Scientific Jumped Today
The stock market finished mixed on Tuesday, and although the Dow Jones Industrials still finished with a loss of more than 100 points, other major market benchmarks finished very close to the unchanged level on the day. Geopolitical pressure continued to hurt investor sentiment, and some bad news on the earnings front also cast a pall on trading during the regular session.
S&P 500 Falls for a Fourth Day as ‘Rose-Tinted Glasses’ of Trump Presidency Come Off
Uncertainty surrounding an immigration ban on a number of Muslim-majority countries continues to fuel volatility on markets on Tuesday. Uncertainty surrounding an immigration ban on a number of Muslim-majority countries continued to fuel volatility on markets on Tuesday.
Here’s Why It’s Time to Take Profits in Alphabet Now
On Monday shares of Alphabet closed down 2.5%, in contrast to the other momentum stocks TheStreet’s Jim Cramer refers to as FANG: Facebook , Amazon and Netflix . Each of these closed down by less than 1% Monday.
America’s CEOs Are Worried, and They Have Good Reason
One always has to be skeptical of CEOs, after all they are pulling down the big bucks to be their own cheerleaders. A company could badly miss earnings, the stock goes down the toilet, but there is the CEO on a conference call saying how amazing the next quarter will be.
European Stocks Set For 3rd Month of Gains
European shares climbed on Tuesday and headed for their third straight month of gains, with a rally in firms such as British online supermarket Ocado and Swedish engineer Alfa Laval after their encouraging earnings updates supporting the market. The pan-European STOXX 600 index was trading 0.3 percent higher by 0946 GMT, after falling more than 1 percent in the previous session.
European Stocks Climb Higher on Solid Economic Data
European stocks rebounded firmly in early Tuesday trading as investors appeared to shrug off concerns over a gathering political crisis in the United States and focused on improving economic conditions. European stocks rebounded firmly in early Tuesday trading as investors appeared to shrug off concerns over a gathering political crisis in the United States and focused on improving economic conditions in the region after sold growth figures from one of its biggest economies.
Buffett Bought $12 Billion of Stock From Election Through Friday
“We’ve, net, bought $12 billion of common stocks since the election,” he said in an interview with Charlie Rose that aired on Friday. Buffett didn’t identify the securities that he picked.
Locals Wary of Modi Budget as Foreigners Sell $6 Billion of Debt
The risk of record borrowings is turning Indian bond investors skeptical going into the government’s budget Wednesday, just as foreign funds exit the market at the fastest pace since 2013. Primary dealers have rescued two of the last four sovereign-debt auctions, as Prime Minister Narendra Modi’s administration is expected to announce an unprecedented 6.25 trillion rupees in gross market borrowings to fund the fiscal deficit, a survey conducted by Bloomberg shows.
1 Key Reason NVIDIA Corporation Stock Could Fall
Large-cap stocks simply don’t increase 280% in a single year without a clear and meaningful catalyst. That’s exactly the case with graphics semiconductor giant NVIDIA As you’ll see, NVIDIA’s central role in several of the fastest-growing markets in technology should fuel its continued revenue and profit growth for years to come.
Cramer: Watch These Sector Trends Amid the Political Turmoil
Here we are, in the middle of earnings season, and we can now make some judgments about what’s working and what’s not away from the hubbub of Washington. Oh, and let’s make something clear, the shouting from the Capitol isn’t the sole driver of stocks at this point.
Shares of Shipping Stocks Move Big Today on Industry Consolidation, Analyst Downgrades
Shares of Frontline are up less than a percent on the news. Also, shares of container-ship vessel owner Costamare are down 9.8% after last week’s earnings resulted in an analyst downgrade.
Shares of Shipping Stocks Move Big Today on Industry Consolidation, Analyst Downgrades
Shares of Frontline are up less than a percent on the news. Also, shares of container-ship vessel owner Costamare are down 9.8% after last week’s earnings resulted in an analyst downgrade.
Five Things You Need to Know to Start Your Day
Trump’s executive order confuses, inflation is on the rise in Germany, and it’s a huge week for data. Here are some of the things people in markets are talking about today. President Donald Trump’s executive order setting new barriers for U.S. entry to people from seven mostly Islamic countries led to confusion and condemnation over the weekend. Homeland Security Secretary John Kelly has clarified that green card holders from those countries would not be stopped from returning to the U.S. Despite widespread protests against the moves, market reaction has been muted, with the dollar little changed by 5:15 a.m. ET. Inflation in three German states came in above 2 percent this morning.
Why You Should Bet on Alibaba, IBM, and 3 More Stocks to Outperform in February
As we approach the final stretch of January, U.S. markets are looking strong–so far, the big S&P 500 is up 2.5%, enough to make the past four weeks the second-best inaugural month for the markets in a decade. The only other year-to-date rally that kicked off harder was 2013, a year that ended up with a 29.6% finish for the S&P.
Insider Sell/Buy Ratio Soars Well Into Bearish Territory
I wish I could tell you that there was a change in the indicators on Friday, but it was simply more of the same chop. Friday marked the first back-to-back red days for the S&P in 2017, and yet the decline was barely enough to see.
European Stocks Called Lower as Global Markets React to Trump’s Immigration Orders
European stocks are expected to open lower Monday, following a softer session in Asia, as investors take a defensive stance in the wake of President Donald Trump’s controversial immigration policy. European stocks are expected to open lower Monday, following a softer session in Asia where many of the major markets were closed for New Year celebrations, as investors take a defensive stance in the wake of President Donald Trump’s controversial immigration policy.
A Rundown of Big Bank Earnings in Q4
All four of the nation’s biggest banks have now reported fourth-quarter earnings, which allows investors to get a sense for how well the bank industry held up in the final three months of last year. There were clear winners and losers, with Bank of America To get a better sense for how three of these banks performed, listen in to the segment below of Industry Focus: Financials .
George Soros’ Best-Performing Stocks of 2017 So Far
Love him or hate him — casual interest or indifference will also do — there’s no denying hedge-fund billionaire George Soros’ considerable skill predicting and profiting from the movements of financial markets. In a career spanning over six decades, Soros has amassed an estimated $25 billion fortune entirely through trading and investing stocks, bonds, currencies, and the like.
17 Years Later, Microsoft Corp. Is Worth $500 Billion Again
On Friday, Reuters pointed out that the software giant’s market cap has risen above $500 billion for the first time since March 2000. I’m all for celebrating neat milestones, including this 17-year benchmark.
3 Top Cheap Stocks to Buy Now
With the Dow Passing 20,000 and the S&P 500 trading at a pretty frothy valuation, value investors are probably a little concerned about the lack of deals in the market today. If you’re one of those people looking to buy a stock on the cheap, options are getting fewer by the day.
Brokers for IRAs: E*Trade vs. Vanguard
One is known as one of the first online brokers, and the other is famous for pioneering index funds, but they both help millions of people save for retirement with IRAs. In this article, we’ll compare E*Trade’s and Vanguard’s IRA accounts , based on factors like commissions, account fees, and investment selection.
How Interest Rates Impact Bank Earnings — In Q4 and Beyond
A lot of conversation in the bank industry over the past few years has centered around the hope that interest raise will soon begin to rise, which was indeed the case in the fourth quarter of last year. However, what’s important to understand is that higher rates aren’t invariably good for banks.
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If you’re like most Americans, you’re going to rely on a mix of income sources in retirement, such as savings, pensions, work, and Social Security. In spite of this multi-income strategy, retirement costs, such as healthcare expenses, and inadequate savings, suggests there’s a real risk out living the money you set aside during your career.
2 Terrible Stocks for Retirees
Though it might not seem like it, the wisdom of Shakespeare’s line from Hamlet “to thine own self be true” applies to investing. As we age, our investment needs change.
3 High-Yield Dividend Stocks to Buy in February
Maybe that cash stream is used to supplement income, or maybe its a way of using reinvested dividends to build wealth over very long time horizons. Either way, the only way one can do that is to find companies that can reliably pay that high yield dividend.
81 Years of Social Security’s Maximum Taxable Earnings in 1 Chart
Social Security income is vital to the financial well-being of a majority of seniors during retirement. Data from the Social Security Administration shows that better than three in five retired workers rely on their Social Security benefits for at least half of their monthly income during retirement.
1 Driver of Fourth-Quarter Bank Earnings
The unexpected outcome of the presidential election in November turned out well for banks. Because it caught so many institutional investors by surprise, it forced them to reposition their portfolios.
Will 2017 Be Realty Income Corporation’s Worst Year Yet?
For the last five months of the year, the stock plunged by 20%. To put this into perspective, if this rate of decline were to continue throughout 2017, the stock would lose nearly half of its value in 2017, making it the worst year in the company’s NYSE-listed history.
Wall Street Week Ahead: Investors Upbeat on Data, Fed; Wary of Trump
In an ordinary world, a U.S. Federal Reserve meeting, jobs data and a hefty number of earnings reports next week should provide investors with welcome distraction from speculation about the U.S. President’s policy plans. But the current world is less than ordinary and in the second week after his inauguration as U.S. president, the likelihood is that Donald Trump’s voice will still ring louder in investors’ ears than economic data and the words of Fed chair Janet Yellen.
Wall Street Week Ahead: Investors Upbeat on Data, Fed; Wary of Trump
In an ordinary world, a U.S. Federal Reserve meeting, jobs data and a hefty number of earnings reports next week should provide investors with welcome distraction from speculation about the U.S. President’s policy plans. But the current world is less than ordinary and in the second week after his inauguration as U.S. president, the likelihood is that Donald Trump’s voice will still ring louder in investors’ ears than economic data and the words of Fed chair Janet Yellen.
Everything You Need to Know About Luxottica and Essilor’s $50 Billion Merger
Take two leading companies in the eyewear industry, combine them, and what do you get? In this case, say hello to EssilorLuxottica. In this episode of Industry Focus: Consumer Goods , Vincent Shen and Asit Sharma dig into the details behind this mega-deal.
Everything You Need to Know About Luxottica and Essilor’s $50 Billion Merger
Take two leading companies in the eyewear industry, combine them, and what do you get? In this case, say hello to EssilorLuxottica. In this episode of Industry Focus: Consumer Goods , Vincent Shen and Asit Sharma dig into the details behind this mega-deal.
Would Donald Trump Really Put America Back on the Gold Standard?
Donald Trump is going to have a busy first 100 days in office. Based on his plan of action, released just hours after declaring victory in November, Trump plans to tackle dozens of policies ranging from tax reform to repealing and replacing the Affordable Care Act.
Stock Market Under Pressure After Weak Data, Earnings
U.S. stocks Friday morning were trading slightly lower as investors weighed disappointing fourth-quarter data on domestic economic growth and a spate of earnings, including disappointing results from Dow component Chevron. Still, the main indexes were on track to book weekly profits during a period marked by the Dow surpassing the psychologically important level of 20,000.
UBS Clients Pull $15 Billion in Quarter as Margins Decline
UBS Group AG said clients pulled a net 15.2 billion francs in the final three months of last year, and margins at its wealth management business declined for a third straight quarter, even as rising stock markets and higher interest rates in the U.S. lifted earnings. The bank fell as much as 3.6 percent in Zurich trading, pulling other wealth managers lower, after saying all of its money management units saw net redemptions last quarter.
Here’s Why You Must Sell These 5 Toxic Dogs Now
We’re finally at Dow 20,000. All of the big market indices are hitting new all-time highs this week – in short, you could have the worst market timing in the world and still be sitting on gains in 2017.
Dollar perks up from 7-week low, U.S. GDP in focus
The dollar edged up on Friday, rebounding from a seven-week low on optimism over the U.S. economic outlook and corporate earnings, although U.S. President Donald Trump’s protectionist policies raised uncertainties for global trade. The dollar index , which measures the greenback against six major peers, last stood at 100.47.
Why Las Vegas Sands, Whirlpool, and F5 Networks Slumped Today
The stock market lost some of its upward momentum on Thursday, as major market benchmarks finished the day narrowly mixed. The S&P 500 and Nasdaq Composite both lost less than 0.1%, but the Dow Jones Industrials managed to post a gain of 32 points, which sent the average above the far less meaningful level of 20,100.