Back in December, many investors were in a rush to sell their FANG stocks when the markets fell to new lows – and they're probably kicking themselves right about now.
In fact, if they'd listened to Keith and stayed in or even bought more, they would probably be grinning from ear to ear.
The Dow Jones today will get a light boost from the Treasury Secretary's comments on U.S.-China trade progress.
Steven Mnuchin said yesterday the two governments "pretty much agreed on an enforcement mechanism" for when both sides strike a deal.
The Dow Jones today will get a small boost from investors anticipating the release of positive jobs and inflation data from the Federal Reserve's March meeting.
President Trump continues to explore tariffs on Europe, and Netflix may purchase a legendary Hollywood venue.
More on these and other DJIA impacts below.
by Mike Stenger
Apple TV+ will be an immediate competitor in the streaming TV business, but investors won't need to pick the winner of the streaming wars to profit.
One cord-cutting company is going to be raking in cash as the streaming competition heats up.
Market noise is never-ending – as are worries over and questions about the market.
What to buy? What to sell? What to hold? What will the Fed do? Where are markets headed? When will the next recession hit? Why? Why?
What should I do?
In this increasingly volatile market, nervous investors still look to prompt-reading advisors and pundits who work within the safe and stupefied confines of mainstream consensus.
Market timers and market predictors, too, are everywhere; they always have been and always will be. Some are bulls; some are bears.
Investors are seeking answers – and instant, calming solutions. These "experts" and "systems" are offering just that – most of which is the same.
"Markets rise and fall," the experts say as a chorus, "just be diversified – hold stocks and bonds – and carry on. The economy is strong, employment is high, inflation is low, and the markets will stay the steady course over time."
This all may feel and sound comforting, but so does dope. Their advice might seem to "make good sense," but the data (i.e. objective facts) as to the economy, employment, inflation, and the strength of stocks and bonds suggest otherwise.
So we need simple, blunt guidance. And we need to know how to protect ourselves.
Fortunately, the answer is right in front of us, which is to say, right behind us...
The Peloton IPO could be one the first major IPOs of 2019, but investors might not be familiar with the exercise company.
We're going to change that today.
While JPMorgan is far from the first Wall Street firm to see a love connection between these two giants of Silicon Valley, Apple stock's increasingly perilous state makes this acquisition more likely than ever.
You see, recent reports from Cupertino suggest that the future of Apple stock is on the rocks.
In fact, just this week, the company's stock slumped over 2% on news that the company's app store revenue had declined last quarter.
The Dow Jones today is up just 4 points in pre-market trading as investors anticipate an earnings report from Alphabet Inc. (NASDAQ: GOOGL).
While Google will take center stage today, rumors are swirling about a blockbuster tech deal that would upend Wall Street. More on that below.
The Dow Jones Industrial Average was off 93 points in premarket hours as investors weigh a busy slate of earnings reports and raise new questions about trade discussions by China and the United States.
Markets have largely ignored the U.S. government shutdown and new concerns about the state of Britain's departure from the European Union. Expect investor focus to remain on earnings season.
The Dow Jones Industrial Average projected a 24-point decline in premarket hours as all eyes turned to London for a crucial Brexit vote.
Today, the British Parliament will vote on Prime Minister Teresa May's proposed strategy to leave the European Union.
Mrs. May is largely expected to lose the vote, possibly by a historic margin.
