A decent start for stocks on Wednesday quickly turned into red-alert session, with the selling prompted by nothing in particular … nothing other than a disinterest in buyers. The 0.84% tumble the S&P 500 took today left it at 2,249.92, hovering just a hair above a key technical support level.
Leading the bearish charge were Fitbit Inc (NYSE:FIT), Twilio Inc (NYSE:TWLO) and Nvidia....More>>>
Master limited partnerships (MLPs) may be getting a big shot in the arm in the upcoming year. And it’s all because of President Donald Trump. We know that Trump is already a fan of pipelines — his actions on the Keystone XL and infrastructure plans confirm this. The big win for MLPs may come from his plans to reform taxes.
On Monday, energy stocks soared, pushing the Dow Jones Industrial Average to within almost 180 points of the 20,000 mark. But declines in the financials offset the energy gains and left the industrials short of the mark despite a gain of 0.2% for the Dow.
The S&P 500 fell 0.1%, and the Nasdaq lost 0.6% due to a decline in the financial sector of 0.9% after five sessions in the black.....More>>>
Investors who have waited for a good entry point in Exxon Mobil Corporation (NYSE:XOM) now have their chance, given that shares of the Texas-based integrated oil giant has fallen almost 10% year to date, trailing the 7% decline in the Energy Select Sector SPDR ETF (NYSEARCA:XLE).
Source: Mike Mozart via Flickr (Modified)
XOM stock, now the worst-performing equity in the Dow Jones Industrial....More>>>
Billionaire investor Warren Buffett was a sharp critic of Donald Trump during the presidential campaign, but said in an interview broadcast by CNN Friday that he expects the stock market to continue rising.
The stock market will be higher 10, 20 and 30 years from now and it would have been with Hillary [Clinton] and it will be with Trump, Buffett said. Suggestions by market pundits that stocks....More>>>
I am forecasting that the energy midstream infrastructure sector will again be a growth sector in 2017 and there is lots of upside potential in the group, suggests Tim Plaehn, editor of The Dividend Hunter.
Instead of trying to pick one stock in the group, I am recommending one of the more aggressive MLP focused exchange-traded funds — InfraCap MLP ETF (AMZA).
The next-generation of cholesterol drugs -– compounds that inhibit PCSK-9 -– were approved in 2016; these targeted drugs rapidly reduce LDL cholesterol in a wide variety of patients with cardiovascular disease, notes Jay Silverman, editor of The Medical Technology Stock Letter.
Despite their unheralded efficacy, the PSCK-9s have rolled out slowly as they were approved to....More>>>
Smallcap home furnishings retailer Restoration Hardware orRH (NYSE: RH) reportedQ3 2017 earnings after the market closed Tuesday that beat expectations and sent shares to near all time highs in after hours trading.Net revenues increased 8% to $592.473 millionon top of a 3% increase last year des
December 8, 2017: Markets opened higher Friday following a very solid report on non-farm payroll gains. Next week’s FOMC meeting is expected to raise the federal funds rate again. Telecom and healthcare were sector leaders today while materials and defensive stocks lagged. WTI crude oil fo
I was reminded of this over the Thanksgiving break as I impatiently waited for that derby-winning fish to bite. As I sat there bobbing in the boat trying to stay warm in the sub-30 degree temperatures in the panhandle of northern Idaho, I realized that fishing is
There's an interesting game of chess being played out in India right now. Not the board game, but one of corporate strategy. I am certain there will at least be a few case studies and books by the time one of them says "Checkmate!".
Amazon India (AMZN) recently increased investments in it