The first half of the year has flown by and stocks certainly have a lot to show for it. The S&P 500 and the Dow Jones industrial average notched their biggest first-half gains since 2013. The tech-heavy Nasdaq composite, meanwhile, left them in the dust, surging 14.2 percent to post its best start to a […]
Read moreA painful correction is coming and there’s little that can be done to prevent it, according to former Republican congressman and libertarian firebrand Ron Paul. Speaking to CNBC last week, the former GOP presidential contender argued the economy is not as strong as Wall Street consensus believes, and the situation could turn ugly as soon […]
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The market has had a quiet start to the summer, but the doldrums may be about to give way to some serious fireworks, with new record highs potentially on the way. So said Stephen Suttmeier, a chief equity technical strategist with Bank of America Merrill Lynch. Last July, Suttmeier identified a “very rare” signal in […]
Read moreUnless you are born with a silver spoon in your mouth, accruing wealth does not come easily, which is why Jim Cramer is so passionate about helping investors find a viable financial strategy. “Thanks to the magic of compounding, the earlier in your life you start investing in the market, the bigger your long-term gains […]
Read moreJim Cramer loves the public school system, but the truth is that it cannot be relied upon to teach children about money. “If you want your children to become fluent in the language of finance, you are going to have to do it yourself,” the “Mad Money” host said. That means not waiting until after […]
Read moreJim Cramer has not recommended bonds ever since the 2008 financial crisis because interest rates have been so low. But that does not mean that there is not a place for bonds in a portfolio. In fact, he says they play an essential role in investing, especially as investors get older. “In general, for the […]
Read moreWheat futures prices soared more than 3 percent on Friday as drought worsened in a key growing region. “Wheat conditions are at some of the lowest ratings in over a decade,” said James Cordier, president and head trader at Optionsellers.com in Tampa, Florida. A major drought in the Dakotas has caused spring wheat crop conditions […]
Read moreIt’s been an easy few years to make money. Barring a late Friday plunge, the second quarter of 2017 will go out as the S&P 500’s 16th winning quarter out of the past 18. The large-cap index has risen by 2.7 percent in the three-month period. Throughout the whole history of the S&P 500, which […]
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Nike‘s latest earnings report brought a mixed bag of results — mostly positive — along with another highly anticipated announcement. The retailer confirmed plans to begin selling a limited assortment of footwear, apparel and accessories on Amazon.com, prompting a rally from Wall Street. Without divulging much detail, Nike said it’s still in the early stages […]
Read moreETFs enter the second half of the year with record inflows of $247 billion and record assets under management of $2.971 trillion. Inflows have been positive for 16 straight months. June saw the continuation of many of the big trends for the year….the biggest inflows remain in plain-vanilla assets like S&P 500 and Russell 2000 […]
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