BlackRock (NYSE: BLK) chief equity strategist Kate Moore said in an interview with Bloomberg Television this week that the world’s largest money manager is “not giving up on technology” stocks. “The tech sector is still a well-liked and well-loved sector across BlackRock,” Moore said. But this year, it may be out with the old and […]
Read MoreWhile this week we’ve seen the longest winning streak in the market since September, Goldman Sachs (NYSE: GS) says investors still need to be careful in this uncertain environment. Growth in the U.S. is expected to slow to 2.3% this year, according to the Fed. This is a significant slow down from last year, when […]
Read MoreWednesday was a good day for marijuana stock Canopy Growth (NYSE: CGC) as news of newly initiated coverage from Piper Jaffray sent shares surging 13% – the stock’s best day since October. Piper Jaffray joins a short but growing list of brokerages watching the cannabis sector, and analyst Michael Lavery said that while they “still […]
Read MoreWhen market uncertainty gives way to fear, stocks generally tend to fall, and while the market in the past week has been trying to rebound from lows in December that tested bear market territory for the major indices, the general tone has really focused more on the negative than anything else. If investors and analysts […]
Read MoreSince September of 2018, virtually every sector in the market has entered correction, or bear market territory. That pattern is still holding true despite the market’s rally since the beginning of the new year, and so it’s pretty rare to find a stock right now that is actually following a bullish trend. Even more rare, […]
Read MoreOver the last several years, one of the biggest benchmarks the Fed has used to evaluate the need to raise, lower or maintain their interest rate policy has been the employment rate. Every month, the market seems to hold its breath as a new set of unemployment and salary data is made available and everybody […]
Read MoreSince the Christmas break, the market has seen a lot of volatility, but it has also used positive, trade and interest rate-related news over the last week to rally off of lows that tested bear market territory. Of all of the sectors that make up the market, no sector has rallied more in that period […]
Read MoreWe’ve had a rough start to the new year so far. And after such a volatile 2018, it’s hard to predict where things will land in 2019. Investors do have reason to be optimistic this year—the economy is still relatively strong—however, the trends that made the end of last year so challenging remain and investors […]
Read MoreAfter closing out the year on a decidedly negative note, and leaving more and more investors guessing that 2019 could be the year the market, and the economy officially turns bearish, stocks generally rebounded over the last week. The market seems to have decided to use the market’s drop to near-bear market levels in December […]
Read MoreWarren Buffett is justifiably considered as one of the most successful investors of all time. The methods he employs to identify long-term investment opportunities have been thoroughly documented, by himself and others, and copied by value-oriented investors for decades. The annual reports he writes for Berkshire Hathaway are considered required reading in many investor quarters […]
Read More2018 was a year we’d all like to forget. And so far, 2019 isn’t looking much better. Today, stocks fell sharply with the Dow crashing more than 600 points after Apple (NASDAQ: AAPL) issued a dire revenue warning amid rising fears of a global economic slowdown. While there’s plenty to fear with stocks right now, […]
Read MoreStocks fell sharply on Thursday following bad news from Apple (NASDAQ: AAPL) Wednesday evening and after weaker-than-anticipated manufacturing data was released. Apple shares led the Dow down 527 points Thursday afternoon, while the S&P 500 sank 1.5% as the tech sector tumbled 3.7%. A letter from Apple’s chief Tim Cook adjusted first-quarter revenue down to […]
Read MoreStocks are falling. Interest rates are climbing. The yield curve is flattening and could soon be flashing red. There’s plenty to worry about at the start of this new year. But for those investors trying to adjust their portfolios for the impending recession that pundits have said will start in 2020, recent economic indicators have […]
Read MoreShares of Apple (NASDAQ: AAPL) sank late Wednesday following the iPhone maker’s announcement that it had lowered its revenue guidance for Q1 citing unexpectedly weak sales in China, among other factors. After the bell on Wednesday, Apple said that it expected first quarter revenue of $84 billion compared to the previous guidance range of between […]
Read MoreOne of the sectors that has led the entire stock market lower, and nearly to bear market levels is the transportation sector. Transportation is a sector that is normally expected to perform well when the economy is healthy, but as it has shown since the beginning of the last quarter of 2018, it can also […]
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