At 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 MoreBank of America Merrill Lynch (NYSE: BAC) has joined a growing list of prominent voices on Wall Street warning that the U.S. economy is in the late cycle stage, or the phase just before the economy slides into recession. The note, titled “U.S. Economy bull/bear: Most signs point to late cycle,” was sent to clients […]
Read MoreThe S&P 500 may be up around 12% since the bloodbath the index saw on Christmas Eve that pushed it briefly into bear market territory, but don’t get too excited just yet – there is likely to be more pain on the horizon. That’s according to Mark Yusko, the founder and chief investment officer at […]
Read MoreJanuary has mostly been a good month so far in the stock market; since bottoming near bear market territory just before Christmas, the S&P 500 is up a little over 6%. The rally has been broad-based enough that a variety of industries have followed the index higher. That rally includes stocks that fit into the […]
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 MoreFibonacci technical analysis is the popular study of identifying potential high probability support and resistance levels in the future, based on past price trends and reversals. The most common Fibonacci tools that are used by traders on the charts of the financial markets are known as: Fibonacci Internal Retracements Fibonacci analysis is based on 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 MoreWith today’s market close, the S&P 500 finished the second of the week on a high note. Positive momentum on the trade front between the U.S. and China seems to be give the market some optimism, and a reason to start looking for encouraging signs that the economy not only still is healthy, but that […]
Read MoreThe latter half of 2018 was painful—that may be putting it mildly—but if history is any guide, 2019 could be a great year for stocks. That’s according to Goldman Sachs, in a note written by strategists led by David Kostin. The investment bank says that the S&P tends to rebound after declining 20% in a […]
Read MoreWe’re heading into earnings season after a particularly difficult fourth quarter that saw the S&P 500 briefly cross into bear market territory on Christmas Eve. Since then, the index has rebounded. However, there’s still quite a bit of ground to make up. In a report from Goldman Sachs, U.S. chief equity strategist David Kostin said […]
Read MoreWhitelist an Email Address in an Email Client AOL WebMail Open the email. Click on the sender’s name and email address. Click “Add to Address Book” in the window that appears. Enter any additional information. Click Save. AOL (version 9.0 or higher) Copy the “from” address from the latest email (or you can copy the addresses […]
Read MoreFor the last couple of days, the market has been rebounding, driven primarily by what look like encouraging signs that trade talks between U.S. and China are productive and making progress. It’s a good bet that any kind of deal that eases tensions and tariffs is going to be taken as a positive sign by […]
Read MoreAmazon (NASDAQ: AMZN) is that stock that many investors kick themselves over for having not bought the stock from the get go. The stock has returned well over 100,000% since its IPO in 1997. A big part of those returns have come from Amazon having vastly expanded the reach of its business. What was once […]
Read MoreThe last quarter of 2018 was one we’d all like to forget. And while stocks have been on a quiet tear so far this year, there’s still cause for concern. We’ve already seen negative surprises from Netflix (NASDAQ: NFLX), with its strong subscriber growth but disappointing revenue figures that sent the stock falling today, and […]
Read MoreMarijuana stocks have had a rough ride in the last couple of months. As is often the case, reality popped the pot bubble: once marijuana became legalized in Canada—and as a number of states in the U.S. joined the growing list of states that have legalized the drug in some form—and the numbers started to […]
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