Stock Market Today
Last price16,025.53Prev Close16,020.20
Day Low16,015.29Day High16,058.40
52 Wk Low12,938.1152 Wk High16,097.33
Stock market news today, Nov. 4: Stocks are kicking off this Monday on a positive note. Investors will keep an eye on Friday's jobs report that could deliver clues on when the U.S. Federal Reserve will taper its bond-buying program.
In other economic indicators, factory orders for September were roughly in line with expectations.
The Standard & Poor's 500 Index is up about 0.17% at 1,764 points, and the Dow Jones Industrial Average is up 0.1% to 15,629 points. The Nasdaq Composite Index (INDEX Nasdaq: .IXIC) is up 0.2% at 3,929.To continue reading, please click here...
Stock Market News Today Focuses on FOMC Meeting Outcome
Stock market news today, Oct. 30: Stocks are fairly steady today as investors await the Federal Reserve's next decision on whether to taper its massive bond-buying program, with general expectations being that tapering will be delayed until 2014 amid the recent onslaught of more negative economic indicators.
For several months, investors have had difficulty deciphering how the Fed will pare back this stimulus program, and confusion persists today. Some say tapering may begin at the next Fed meeting in December, while others are predicting next January or March.To continue reading, please click here...
Stock Market News Today: Big Day for Apple (Nasdaq: AAPL), Merck (NYSE: MRK)
Stock Market News Today, Oct. 28: Stocks are weighed in morning trade, reversing out of earlier gains as investors are hit with a disappointing report on pending home sales despite a more positive report on industrial production.
Pending home sales slid 5.6% in September to the lowest level in nine months, likely weighed by higher housing prices and higher interest rates.To continue reading, please click here...
Frank Holmes: Trying to Stop a Bull Market Has Risks
U.S. stocks have been on a tear. The S&P 500 Index has climbed a surprising 23% so far this year, as a global synchronized recovery takes shape and funds flow back to equities.
As I often say, investors take risks when they try to stop a bull run, and plenty of data suggest you might regret taking that action this year.
Consider the optimistic views from Joshua Brown, i.e. The Reformed Broker, as we have "all the rocket fuel we need for an explosion." There's no election, no war in Syria, and no taper talk. Banks are highly capitalized, stocks around the world are cheap and hedge funds' short positions are the highest since January, says Brown.To continue reading, please click here...
This 3.5% Payout Is "High Yield" in Disguise
If I offered you an investment that pays 3.5% a year, and one that pays 12% a year, which one would you choose?
All else being equal, we'd be fools not to take the 12% offer.
Of course, "all else" is rarely equal... especially in a rising interest-rate environment. "Growth," as you'll recall, is the new "income."
That's why we need to look well beyond yield to evaluate a dividend payer, and focus on total return.
The first company we'll look at today, for example, will pay you $12 a year for every $100 you invest in its stock. That certainly seems appealing.But this second company - despite its lower payout - is a far better investment, for three reasons...
Stock Market News Today: Corelogic (NYSE: CLGX) Soars, NQ Mobile (NYSE: NQ) Gets Slashed
In the stock market today, equities are up modestly in the wake of positive data on manufacturing in China, which reached a seven-month high in October, pointing to a stronger economy there and globally.To continue reading, please click here...
The Only Number You Need to Time – and Beat – the Market
It certainly seems as though the political gamesmanship that rules Washington, D.C., also rules the markets. But this isn't really the case.
In fact, there's one single "magic" number that far outweighs everything else when it comes to long-term influence.
This number's predictive power has saved me from some of the steepest market drops of the century, and it's given me everything I need to position myself for maximum gains in bull markets.
And the best part is, it's widely available - access to it costs nothing.It's how you use this simple number that counts...
Today's Stock Market News: JPM, NFLX, FSLR, AAPL
Today's stock market news focuses on earnings and the release of a backlog of economic data that was delayed due to the federal government shutdown.To continue reading, please click here...
The Nobel Prize for Market Timing Goes to… Cliff?
According to the Efficient Market Hypothesis (EMH), the best - and perhaps only - way to outperform the market over time is simple:
First, claim that beating the market over time is virtually impossible. Then, take home $1.2 million for "proving" it.
That was Professor Eugene Fama's approach, anyway, after co-winning the Nobel Prize in economics.
Don't get me wrong. As a professional investor and portfolio manager, I believe Professor Fama's EMH has many valid ideas. But fundamentally, people like us (and Buffett, and Soros, and Rogers, and Lynch, and Einhorn, and Paulson, and Icahn, and Ackman) never swallow EMH whole.
Ironically, neither does Clifford Asness.
Why would one of Fama's brightest students decide to ditch EMH, and pick stocks and time the market instead?Proving EMH "right" may be worth millions (to Fama). But proving it "wrong" is worth billions..
Stock Market News Today: Stocks Slumping After Huge Week
Nearly 800,000 government employees are still furloughed and about 1 million asked to work without pay as the shutdown enters a third week with no resolution on the federal budget nor an agreement on the debt ceiling.To continue reading, please click here...