A survey released Wednesday showed that corporate CFOs aren’t feeling all that positive going into 2019, with almost half of all respondents anticipating a recession will start by the end of the year. Of the 212 chief financial officers surveyed by Duke University, 48.6% believe that the next negative growth period in the U.S. is […]
Read MoreThe stock market has felt like a roller coaster lately with more down days than up. Just this week, we witnessed the Dow drop more than 800 points on Tuesday and watched the market continue to fall on Thursday. This after two difficult months of a broad market sell-off. Big tech stocks have been some […]
Read MoreTuesday’s stock sell-off sent PayPal (NASDAQ: PYPL) stock spiraling downward, pushing the stock into correction territory after it fell more than 10% off its 52-week highs. But Todd Gordon, the founder of TradingAnalysis.com, told CNBC on Tuesday, that “The stock has hung in extremely well in this period of volatility” and is now primed for […]
Read MoreGird your loins. We’re in for another rocky year in 2019. That’s according to Goldman Sachs (NYSE: GS), who sees slowing economic growth and continued fits of volatility in the new year, which will make 2019 another crap year for risk-adjusted investment returns. “Expect better but still low returns in 2019,” wrote Goldman’s strategists in […]
Read MorePopular Science put out a fantastic list this week of the 100 Greatest Innovations of 2018. Broken down into categories ranging from household gadgets to achievements in aerospace and advanced weaponry, these innovations and inventions run the gamut from the futuristic to the everyday. Here are a few of the inventions that piqued my interest […]
Read More2018 has been a rough year. And late last week, Bloomberg put out a chart that will make you wish you had put all your money on T-bills in the last 11 months. If you take out volatility, this year’s cross-asset performance is the worst in more than a century. $3 trillion of U.S. stock […]
Read MoreBlue chips are usually solid buys. They might not be the most exciting stocks, but they’re household names and have been around the block. Blue chip equals safe, right? But sometimes blue chips struggle and become the kind of investments that investors should avoid at all costs. The kind of investments that do damage to […]
Read MoreOctober was a tough month for stocks, and so far, November hasn’t been much better. Everything from FANG stocks, to strong stocks like Apple (NASDAQ: AAPL), to marijuana stocks, and even oil have struggled recently. While it has felt like there’s no where to hide with everything falling, some stocks have fallen into bargain territory […]
Read MoreWe all know Jim Cramer. CNBC’s “Mad Money” host and outspoken commentator said Monday—a day that saw the Dow fall 600 points, and a retreat for oil—that the market is in “a very serious correction” that has been underscored by the fact that there aren’t very many fundamental reasons why everything is heading downward. “The […]
Read MoreYesterday marked another volatile day in the stock market, as the major indices posted big losses during the trading session – the Dow, for example bottomed out about 500 points below Monday’s close – but managed to claw back late to finish about .5% lower for the day. The market was chewing on a new […]
Read MoreThe midterms are over, and the big winner is… Marijuana. This week, three states voted to legalize marijuana in some capacity. Michigan became the 10th U.S. state to legalize recreational pot, and is projected to become the fifth-largest marijuana market in the country with sales of roughly $1.4 billion by 2022. Overwhelmingly conservative Utah also […]
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 […]
Read MoreTech stocks have been one of the strongest drivers of market performance for the past several years. Lately though, tech stocks have stumbled with some of the biggest names giving mixed guidance and weak earnings. And, unsurprisingly, investors have ditched these big name stocks and it has resulted in huge losses. Amazon (NASDAQ: AMZN) lost […]
Read MoreTimes have been tough for stocks in the last several days. Stocks traded down sharply on Thursday after hawkish minutes from last month’s Fed meeting confirmed the assumption that there will be more rate hikes in the near term. The S&P 500 was down 1.4% on Thursday, and sank another 1% on Friday. The Dow […]
Read More