U.S. stocks are not slowing down as 2020 nears. All three broad market indices once again reached new highs on Thursday. The S&P 500 has gained more than 29% so far this year. The NASDAQ Composite cleared 9,000 for the first time on Thursday. Source: Shutterstock With the geopolitical situation calm and impeachment apparently stalled
One of my newsletter editor friends is Doug Casey, whom I’ve known since the early 1990s. He’s the author of numerous books including the seminal Crisis Investing in 1979, which I have an original copy of on my bookshelves. Doug has always been one of the smarter guys in the room — particularly when it
Shares of Chesapeake Energy stock (NYSE:CHK) are struggling to maintain tepid gains. The CHK stock price has been climbing modestly since Dec.18 on the announcement of a life preserver deal. The company refinanced some of its debt in an effort to stop the clock on its slide towards insolvency. One of the key components of
Brendan McDermid | Reuters It has been a year for celebration on Wall Street, with the S&P 500 rising nearly 30%, but investors relying on seasonal trends probably found themselves frustrated as the market defied traditional patterns. January, February and June historically rank in the bottom half of any year for stock performance, according to
Is the market finally running out of gas? While we saw new highs in the market on Friday, bulls struggled to keep the indices higher throughout the session. Let’s look at a few top stock trades going into the last few days of 2019. Top Stock Trades for Tomorrow No. 1: Alphabet (GOOG) While Apple
Apparently, beer is a bear market. After dominating the U.S. beverage market, beer sales have fallen flat — all as consumers opt for alternatives. For example, craft beer sales were up 7% in 2018 to $27.58 billion, giving it a 24.2% share of the $114.2 billion U.S. beer market. That’s up from 23.4% in 2017.
GE (NYSE:GE) makes the engines for Boeing’s (NYSE:BA) beleaguered 737 MAX jets. Now that Boeing has decided to halt the jet’s production GE stock is set for another significant drop. Source: testing / Shutterstock.com According to the Wall Street Journal, GE’s LEAP engine accounts for $4.8 billion of GE’s roughly $7 billion in industrial profits.
Workers install a Nike logo lamp outside the Wukesong Arena in Beijing, August 28, 2019. Tingshu Wang | Reuters It was a big year for stocks, but 2020 is poised to be even better for some companies, according to Wall Street analysts. Many well-known stocks — and some not so well known — have been
Another day, another new high in the stock market today. However, Friday’s action felt … different. Maybe it was the way a number of high-profile stocks opened higher and turned lower. Perhaps it’s the way the SPDR S&P 500 ETF (NYSEARCA:SPY) acted tired throughout the session as bulls struggled to keep it in positive territory.
Marijuana stocks keep trying to carve out a bottom, but their efforts have been sketchy. Source: Shutterstock After plunging in November, Aphria (NYSE:APHA), Canopy Growth (NYSE:CGC) and others have recovered meaningfully. However, that recovery is starting to wane, leaving many bulls wondering whether more new lows could be on the way. They’re trying to determine
Beyond Meat (NASDAQ:BYND) offers both hope and signs of trouble. Its alternative meat products have won over consumers. As a result, both grocery stores and restaurant chains have begun to offer its products. However, this stands in stark contrast to the stock, which has lost most of its value since July. Source: Sundry Photography /
President Donald Trump holds a campaign rally in Dallas, October 17, 2019. Jonathan Ernst | Reuters As stocks close out 2019 with potentially the best gain in decades, strategists expect Wall Street’s bull market to continue in 2020 as long as it appears President Donald Trump will be re-elected. Analysts see the possibility of a
Friday’s gains were modest for the widely followed domestic equity benchmarks, but on the Dow Jones, a slew of familiar names lifted the blue-chip index to another all-time high today. The S&P 500 was flat% The Dow advanced 0.08% The Nasdaq Composite inched lower by 0.17% Under the theme of big brands boosting the Dow today,
The transports are a core group of stocks that are a good barometer of the economy, and thus, of the stock market. Even Charles Dow — the founder of the Dow Jones Industrial (and Transports) Average, founder of the Wall Street Journal and inspiration for Dow Theory — saw how important their relationship to the
Apple (NASDAQ:AAPL) has had an incredible turnaround in 2019. It started the year off with a sales warning that sent the stock into freefall. But, by year end, shares have more than doubled from that low point. And the party hasn’t stopped yet. Source: George Dolgikh / Shutterstock.com In fact, with the recent announcement of
Amazon.com Inc. parking signage stands outside a Kohl’s Corp. department store in Huntington Beach, California, U.S., on Saturday, May 11, 2019. Kyle Grillot | Bloomberg | Getty Images Check out the companies making headlines in midday trading: Amazon — Shares of Amazon rose another 1.4% a day after posting its best day since January on
Apple CEO Tim Cook gestures after opening the newly renovated Apple Store at Fifth Avenue on September 20, 2019 in New York City. Kena Betancur | AFP | Getty Images Apple, one of the best-performing stocks this year, is also the name that analysts have been the most wrong about in their forecasts. The tech
The rally in U.S. equities continues this morning with stock futures trading firmly in the green. Source: Shutterstock Ahead of the bell, futures on the Dow Jones Industrial Average are up 0.24% and S&P 500 futures are higher by 0.19%. Nasdaq Composite futures have added 0.35%. The holiday cheer continues to spill into the options pits,
For the last three years, BlackBerry (NYSE:BB) has had huge achievements, even as its previously thriving cell phone business faded into oblivion. But during most of that time, Wall Street has not given BlackBerry stock the respect it deserved. Source: Shutterstock Last week, however, BlackBerry reported third-quarter results that showed that it has become meaningfully
It’s been a bumper year for semiconductor firm Qualcomm (NASDAQ:QCOM) as investors cheered its position in the wireless connectivity industry. Shares of the chipmaker have risen 55% so far this year as the good news regarding the firm’s future kept on coming. Source: JHVEPhoto / Shutterstock.com From a lucrative contract with Apple (NASDAQ:AAPL) to a