The stock market gave up ground on Tuesday, but investors saw major benchmarks recover from their worst levels of the day to finish down less than half a percent. Early in the day, poor earnings results from blue chip components of the Dow Jones Industrials weighed on market sentiment, and ongoing uncertainty about whether the Trump administration will be able to deliver on promised government reforms....More>>>
When I last wrote about Weyerhaeuser (NYSE:WY), its agreement to acquire Plum Creek Timber was ten days old, and several uncertainties surrounded the company as well as its intended transaction. Both its and Plum Creek’s shares were trading oddly, suggesting that investors expected (implausibly) that the price to which it had already agreed might be raised. In fact, the price distortion that....More>>>
Stocks discussed on the in-depth session of Jim Cramer’s Mad Money TV Program, Monday, January 9.
The market has become too hot before getting into the earnings season which is not a good thing. “We want things cool. There is too much heat. That is why I’m hoping we get some more down days this week, just in case the earnings aren’t as perfect as they need to be after....More>>>
I have sold my shares in my business as part of my plan to retire at 55. I now have to rely on investments alone for income. Selling a business generates money upfront, but then what? I had taken over my own investments from mutual funds in 2009, and I guess that made me lucky rather than good. Since the crash of oil, investing has been a lot less fun and a lot less profitable.
Related CWH 18 Biggest Mid-Day Gainers For Friday A Peek Into The Markets: U.S. Stock Futures Decline Ahead Of Consumer Price Report Related PII Here's What It Would Take For Polaris Shares To Be Attractive At This Price Benzinga's....More>>>
Welcome back, geopolitical risk.
It would be an overstatement to say panicky investors are dumping stocks and other risky assets, but traditional havens are certainly getting a boost as potential flashpoints from Europe to the Middle East to East Asia suddenly return to the top of investors worry list.
Geopolitical concerns have clearly been on the rise over the last week or so with....More>>>
Barclays analyst Thomas Driscoll and team see more dividend cuts and equity raises coming for oil & gas stocks like Apache (APA), Devon Energy (DVN),Encana (ECA), Anadarko Petroleum (APC), and Marathon Oil (MRO). They explain why:
Leverage concerns will lead E&P companies to take strong steps to strengthen balance sheets. As oil price weakness has lingered, management....More>>>
Back on March 1st, I wrote that Royal Bank of Canada (NYSE:RY) was “a great value” with shares down at $51. Today, US shares of Royal sit at $61, a significant appreciation in value over the last six months. Overall, that would be a gain of about 19%. Not bad at all.
Courtesy of Google Finance.
Shares are significantly higher today. In addition, Royal Bank of Canada....More>>>
Non farm payroll numbers certainly disappointed Friday with the USD selling off following the report. Nonetheless, it is important to note that after revisions, an average of 232,000 jobs have been created over the last three months which is a very healthy pace of hiring.
Whilst hiring has been healthy over the last three months, low wage growth and underemployment continues to suggest the....More>>>
When Canada’s Public Sector Pension Investment Board tried to redeem $500 million from Boaz Weinstein’s Saba Capital in 2015, the $116 billion pension fund for the Royal Canadian Mounted Police came to believe it was shortchanged during the process. In the fall of 2015, PSP sued Saba Capital, accusing the highly followed hedge fund of “self-dealing” and mis-marking illiquid....More>>>