The 30-year bond yield fell to an all-time low, a no-deal Brexit just got a whole lot more likely, Peloton released its IPO prospectus, and Costco made a big splash in China.
Read MoreThe yield curve just inverted again. Plus, more Fed news, and upcoming earnings for Thursday.
Read MoreIndex Performers All three major indexes climbed higher during Wednesday’s session thanks to a slew of strong earnings from major retailers and the continuing easing of fears surrounding a global economic slowdown. The Dow Jones Industrial Average added 0.9% from 25,962.44 to 26,202.73 — the best close in over a week — while the S&P […]
Read MoreThe whistleblower who exposed Madoff says the “$38 billion in fraud we’ve come across is merely the tip of the iceberg.” Plus new economic data and a possible acquisition.
Read MoreInvestors sprinted for the hills during a panic-stricken session on Wednesday in what became the Dow Jones Industrial Average’s largest daily decline of 2019. The bellwether index plummeted 3.05% to 25,479.42 after market participants witnessed the yields on the 10-year Treasury note — the most widely watched bond instrument issued by the U.S. government — […]
Read MoreThe yield curve is inverting, and bank stocks and department store stocks are crashing. Welcome to Wednesday.
Read MoreFormer U.S. Treasury Secretary Lawrence Summers said the current risk for recession is “much higher than it needs to be and much higher than it was two months ago.”
Read MoreOne of the industries that hasn’t been participating in bullish rally enjoyed by the broader Consumer Discretionary sector is apparel manufacturers. While the sector has increased about 24% year to date and more than 4% in the last month, as measured by the S&P 500 Consumer Discretionary Sector SPDR ETF (XLY), even the leading apparel […]
Read MoreThe charts for these 4 stocks point to more upside on the horizon.
Read MoreThe stock market’s rally since May has been good for a number of sectors, including Consumer Discretionary stocks. The sector is about 8.5% higher since the beginning of June, and nearly 21% year to date. With the biggest, most well-known names like Walmart (WMT), Amazon (AMZN) and Target Stores (TGT) leading the charge, the assumption […]
Read MoreThe market is celebrating the trade truce, but the real fireworks are for these 16 stocks.
Read MoreThe Consumer Discretionary sector includes stocks that cover a wide variety of the Retail industry. Because there are so many retail companies that offer different products to consumers, it’s hard to pinpoint any kind of specific niche. This is a sector that has performed pretty well this year; as measured by the S&P 500 Consumer […]
Read MoreRetail has been one of the most beaten-down sectors of the stock market recently, and it comes as no surprise to any investor actively following earnings reports. Of the 74 retail companies examined by agency Standard & Poor’s (S&P), 35 of them missed analyst estimates for comparable sales last quarter. Apparel retailers in particular are […]
Read MoreKohl’s Corp. (KSS) was one of the worst performers across all U.S. indexes during Tuesday’s session thanks to a disappointing first-quarter earnings report that spelled a rough three months for in-store sales. Investors were shocked by the ugly financials, sending shares to their worst close in more than a year. The news is particularly surprising […]
Read MoreShares of Ralph Lauren Corp. (RL) tumbled during Tuesday’s session, ending as the S&P 500’s worst-performing stock despite the index overall sneaking out a 0.8% gain. The fashion company’s stock fell on the heels of lackluster earnings, despite besting analysts’ expectations. Ralph Lauren’s Tuesday’s performance marks something of an anomaly, primarily due to the fact […]
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