Throughout this week, one of the biggest news stories, without question, has been the fatal crash of a Boeing 737 MAX jet flown by Ethiopian Air shortly after takeoff on March 10. The crash took the lives of all 157 that were onboard the plane, and it was the second such crash in five months […]
Read MoreShares of the Boeing Co. (BA) are in a free fall this week as the defense company and jet maker reels from a devastating crisis over its newest commercial plane model. The company’s massive loss in market value has even dragged down the Dow Jones Industrial Average, of which Boeing is one of the largest […]
Read MoreThe market has had a pretty good dose of good news so far this week; President Trump tweeted that progress in trade talks with China had progressed enough, and shown sufficient promise to ensure the imposition of new tariffs at the March 1 deadline would be delayed. The President has even gone so far as […]
Read MoreAt the beginning of this week, I used news about widespread flight cancellations as a launching pad to start looking at the airline industry. Airline stocks haven’t seen quite as much volatility as I thought they might from the news, which I’ll go ahead and take as an overestimation on my part about how much […]
Read MoreYesterday, I wrote about news over the weekend that winter storms had resulted in more than 1,100 cancelled flights out of Chicago. Another report indicated that from the Midwest to New England, total cancelled flights were more than 2,000 over the course of the weekend. The market was closed yesterday, so the first opportunity the […]
Read MoreThis last weekend, one of the headlines that grabbed my attention was about winter storms in the Midwest. Of course, at this time of year it doesn’t come as any kind of big surprise to hear or read about snow, cold or big storms in that part of the country; but any investor with an […]
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 […]
Read MoreThe market hasn’t been kind to the Transportation sector since the end of the third quarter of the year. As measured by the S&P Transportation SPDR ETF (XTN), the sector declined from its 52-week highs at the beginning of September nearly 20% by Halloween before staging a temporary rally through November. Since the beginning of […]
Read MoreAfter months of campaign ads and political saber-rattling, the midterms are finally over. Now it’s time to focus on something else. Something like what stocks to buy at a discount after a difficult October. And now is likely a good time to buy. The third year of any presidency or the year following midterm elections […]
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