An earlier version of this reported provided an incorrect definition for a so-called golden cross. A golden cross is typically viewed as a bullish trend that occurs when an assets short-term average forms above its long-term average.
Source: ThinkstockNovember 27, 2017: The S&P 500 closed flat at 2,601.45. The DJIA closed up 0.1% at 23,580.71. Separately, the Nasdaq was down 0.15% at 6,878.52.
Monday was mixed day for the major U.S. exchanges, although each major index hit a new all-time high at some point during the session. Crude oil backed off to start the week. The S&P 500 sectors were mostly positive in the....More>>>
The performance of Exxon Mobil Corporation (NYSE:XOM) stock over the past decade appears rather unimpressive. Over the past ten years, including dividends, XOM stock has returned 49% — total. That’s an average return of just 4% per year, well below the S&P 500. Over the past five years, the news is even worse. Exxon Mobil stock has declined over that period. Including dividends,....More>>>
Related MDC Earnings Scheduled For May 9, 2017 Winners And Losers From Trump's U.S. Dollar Comments Nasdaq Hits Another Record; 2 Travel Stocks In Buy Range (Investor’s Business Daily) Related DLA Mid-Day Market Update: TravelCenters Drops After Q1 Results; Wayfair Shares Climb Earnings....More>>>
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.
Teekay LNG Partners L.P. (NYSE:TGP) is a Master Limited Partnership (MLP) which operates LNG tankers. The stock recently closed around $14.00 and pays a dividend of 56 cents per year for a yield of 4.0%. This would not ordinarily put it on the radar screen for investors seeking out high yield equities. But conservatively calculated, TGP is now trading at roughly 4 times current “distributable....More>>>
Related TSO Time To Get Into Refiners, BoA Says Fast Money Picks For February 19 Related VLO Citing Oil Fears, Goldman Downgrades HollyFrontier To Sell Goldman Updates Oil Majors Outlook, Likes Canada And Coastal Refiners Watchlist Wednesday: Contrarian Approach (Seeking Alpha)
Shares of Amazon.com (AMZN) and Google-parent Alphabet (GOOGL) are neck and neck in their race to $1,000. The stock of the world’s largest e-commerce company is trading at $952.82, while the world’s largest search engine goes for $956.71. It’s a fun contest to watch, but it’s really just a distraction.
On Dec. 15, 2017, the share of Omeros Corporation (NASDAQ:OMER) - a bioscience focusing on the innovation and commercialization of drugs to treat complement-mediated diseases, inflammation, and central nervous system disorders - appreciated $0.47 to trade at $19.68 for 3.52% profits (a