The Dow Jones Industrial Average fell 70 points in premarket trading as uncertainty continued to linger around future trade relations between China and the United States.
While markets largely rose this week on positive trade developments from Beijing, officials have done little to clarify how or when trade tensions may be resolved.
The Dow Jones Industrial Average fell 285 points Thursday morning after Apple Inc. (Nasdaq: AAPL) slashed its guidance for the current quarter.
The firm said it expects quarterly revenue to come in at $84 billion, well below the previous range of $89 billion to $93 billion.
The figure also badly misses the average Wall Street estimate of $91.5 billion in revenue.
The Dow Jones Industrial Average kicked off the 2019 with a projected 370-point loss in premarket hours.
by Tim Melvin
We get hammered every day with loud suggestions on a stock to buy right now that could make you a gazillionaire by lunchtime tomorrow.
Today, I'm correcting this imbalance.
I'm here to show you the three stocks to never own. And they could be in your portfolio right now...
by Shah Gilani
The markets took a break for the funeral of former U.S. President George H. W. Bush, and I'd bet most investors are grateful for the pause in the "Groundhog Day," Yogi Berra "déjà vu all over again"-type action we've been going through since, yes, October.
Yeah, the market just did what it did just last month; the FAANGs rolled over and played dead, only to come roaring back for a seemingly strong push up north and, just when things looked brighter, tanked again.
Rally and swoon, rally and swoon… While there is still a fighting chance for the old bull, it's looking increasingly grim.
We're rapidly getting to the point that investors who are unprepared or out of position could be in some serious danger.
That's why I'm looking so closely at these specific numbers...
by Tim Melvin
As some of the tech darlings have fallen rather sharply over the past couple of months, I begin to get the inevitable questions about the wisdom of buying these market darlings.
Everyone just assumes that because I am an investor, I care about these stocks. After all, they're the ones on the news and in the papers – the stock market equivalent of "must-see TV." The truth is that I don't give a rat's furry behind about the "growth and glamour" stocks.
Why? I could never justify paying the multiples of asset value and cash flow that these stocks fetch at any given moment in time… except in the aftermath of a precipitous decline.
But are they on sale "enough" to suit my tastes or, since you're here, move me to recommend that you spend your hard-earned ducats on them?
You've heard all about the FANG stocks, but the BAIT stocks are going to be some of the hottest investments in 2019.
We're calling these the BAIT stocks, and they offer extreme upside for those who buy in now.
Wall Street analysts are giving them one-year price targets implying gains of up to 80%...
by Shah Gilani
Rising interest rates, toothless FAANG stocks, domestic and international political uncertainty and tension, Brexit, crude oil – take your pick. The market's got a lot on its mind right now.
You can turn on any cable news channel and watch folks holding forth on these and a handful of other worries.
But what you won't hear about is a heavy and potentially very dangerous factor out there creeping in around the edges.
The Dow Jones Industrial Average fell 147 points in premarket trading as concerns about rising interest rates continued to erode market sentiment.
On Thursday, the Federal Reserve issued a hawkish message on interest rates for the year ahead.
by Tim Melvin
It is that time of the year again…
Halloween's over; the skeletons and pirate zombies are back in the attic. My wife and I are now having animated discussions about just how soon the Christmas Pelican can take up residence in the yard. As always, I shall initially insist on the second week of December and stage a gradual retreat eventually settling on Thanksgiving weekend.
College football is in full swing, and the all-important Army-Navy game is now just weeks away. Once I manage to overlook the absence of baseball, it really is an excellent time of year.
This year, though, there's a fly in the ointment: the markets.
They've gone stark raving bonkers, staging some gut-wrenching declines and breathtaking counter-rallies.
Personally, I don't pay much attention to daily price moves, at least until my numbers tell me it's time to get interested in a particular company.
The truth is, I find the constant "What's the market gonna do next?" questions decidedly un-festive.
In short, all this noise, the ridiculous questions, the endless punditry… it's harshing my autumnal vibe.
I'm guessing you feel the same way, so here's what we're going to do about it...
