Stocks are often shocked into a quick decline when a major geopolitical event occurs, but the ability to recover has been very different. With the backdrop of rising tensions between North Korea and the U.S., Strategas Research studied the immediate and longer-term impact on the S&P 500 from a series of key events going back […]
Read moreIn our brains, we all want to trade like George Soros: Find that one niche, stock or unexplored cave of the market that’s going to yield pure platinum. Yet if you talk with Meir Statman, an expert on behavioral finance, you’re likely to become more static and less Soros. Statman, a professor at Santa Clara […]
Read moreSince the beginning of 2017, Jim Cramer has watched the stock of Boeing soar far above the rest of the Dow Jones Industrial average. “The aircraft maker is up more than 50 percent year to date, leaving the second-place performer, Apple, up 39 percent, not shabby, but in the dust,” the “Mad Money” host said. […]
Read moreOpponents of a federal rule intended to protect investors might get some of what they want. In a court brief filed in a lawsuit in Minnesota today, the Labor Department said it has submitted to the Office of Management and Budget a proposal to delay implementing the remaining parts of its so-called fiduciary rule for […]
Read moreSome traders are looking to make even more money from the world’s biggest stock, even after Apple shares have surged nearly 12 percent in the past month. While the prices of S&P 500 options have lingered around record lows, Apple options remain relatively well bid. This means traders collectively think Apple shares have a high […]
Read moreNvidia shares have taken off, surging nearly 200 percent in the past year, making it the best performing stock in the S&P 500 over that period. Traders are anticipating an even sharper move when it reports earnings on Thursday after the bell. As Nvidia gets ready to report second-quarter earnings, the options market is implying […]
Read moreTension escalated between North Korea and the United States after President Donald Trump warned on Tuesday that the rogue state is facing “fire and fury” and North Korea state media responded it is considering a missile strike against the U.S. Pacific territory of Guam. Global and national stock markets, however, remain largely unperturbed. While safe […]
Read moreThe banking industry is not paying depositors and fund providers reasonable rates for their money, according to data from the Federal Deposit Insurance Corporation (FDIC) which insures those deposits. Households and corporate treasurers seem to be oblivious to the fact that interest rates are rising. Consequently, banks are able to pay historically low rates for […]
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Two traders are unfazed by bitcoin’s meteoric surge and say that between the cryptocurrency and gold, you’re better off trading the yellow metal. Bitcoin has jumped 240 percent this year to a high of $3,288 on Wednesday, while gold was trading at $1,280. But despite the bitcoin gains, Brian Stutland of Equity Armor Investments and […]
Read moreBill Miller’s Income Strategy investment fund has dumped its stake in a high-flying jail operator and placed a bet on malls, despite the threat e-commerce giant Amazon.com poses on the retail industry. “We think the narrative reflected in current prices has outpaced reality,” one of the fund’s portfolio managers, Bill Miller IV, said in a […]
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