Millions of Americans rely on the stock market as their primary wealth-building tool. Without it, the “American dream” would be even more unachievable than it is today. People put an incredible amount of faith in the stock market. By implication, investors must think Wall Street is well-protected – that when you buy a stock, it […]
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After testing out digital currencies earlier this month, independent stock research analyst Ronnie Moas on Sunday published the first two parts of his 122-page report on bitcoin and other digital currencies. “In my view, the genie is out of the bottle, and cryptocurrencies will continue to rise and take market share away from stocks, other […]
Read moreMarc Faber, the editor of The Gloom, Boom & Doom Report, told CNBC on Monday that risk has increased as stocks have moved higher. “Don’t be overly optimistic,” the widely followed newsletter analyst also known as “Dr. Doom” said on “Squawk Alley.” “If you look at the market, there are lots of stocks that are […]
Read moreThe Federal Reserve’s plan to start unwinding quantitative easing as early as September could be derailed if Congress fails to tackle the looming deadlock over the US debt ceiling, analysts warn. Republican failures to win legislative victories — embodied by the collapse of healthcare reforms — last week injected an early bout of nerves into […]
Read moreDespite a strong start to the year, Tesla shares are down nearly 10 percent in the past month, and options traders are piling into the stock ahead of its earnings report scheduled for Wednesday after the bell. “Tesla has been the second most active single stock option over the past 20 days – second only […]
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The stock market’s strong July performance may ward off some of the negative action that often comes in late summer — and set up 2017 for more sharp gains. While strategists warn the usually rocky late summer period would be a logical time for a pullback, technicians at Strategas point to a historic trend where […]
Read moreBig-bank stocks could be ready to make a move after a five-month run of doing pretty much nothing, according to a Goldman Sachs analysis. A surge in dividends and share buybacks coupled with growing prospects of regulatory rollbacks are bolstering the case for the largest financial institutions, analyst Richard Ramsden said in a research note. […]
Read moreStock market adrenaline junkies are in luck. Several companies reporting earnings over the next two weeks are expected to see big moves on their results. Among large companies, the ones expected to see the largest pops or drops are Groupon, Weight Watchers, Yelp, Twilio and Snap, according to MKM Partners derivatives strategist Jim Strugger. “If […]
Read moreCheck out which companies are making headlines before the bell: Scripps Networks – The cable network operator agreed to be bought by Discovery Communications for $14.6 billion in cash and stock, or $90 per share. That compares to a Friday close for Scripps of $86.91, but it had been trading around $67 earlier in the […]
Read moreStellar earnings last week appear to show that the turmoil in Washington “doesn’t seem to matter,” investment strategist Simeon Hyman told CNBC on Monday. “We have a little over half the companies reporting so far. We have 6 percent top-line growth and double-digit earnings growth,” Hyman, head of investment strategy at ProShares Advisors, said on […]
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