Stock Market News Today, Jan. 27: U.S. stocks are compounding last week's selloff, with all three major indices dropping into the red as home sales fell 7% in December.
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Stock Market Today, Jan. 24: U.S. stocks today are ending this week on a heavy note, as investors continue to absorb a swirl of disappointing earnings reports and worrisome manufacturing data from China.
All three major indices are logging solid losses: the Dow Jones Industrial Average fell 1.96% or 318 points to 15,879.11; the S&P 500 is down 2.09% or 38.17 points to 1,790.29; and the Nasdaq is down 2.15% or 90.70 points to 4,128.17.
Stock Market Today, Jan. 22: U.S. stocks today are mixed and trading in a fairly narrow range as corporate earnings season continues - with lackluster results. Investors are cautious ahead of economic data tomorrow that includes jobless claims and existing home sales reports.
Stock Market News Today, Jan. 17: The Dow is up but the S&P 500 and Nasdaq down in afternoon trading, and here's why...
Housing market data today revealed that new home construction fell 9.8% in December to a seasonally adjusted rate of 999,000. The numbers were weighed by starts for single-family homes and apartments, the U.S. Commerce Department reported.
This week, Yahoo! parted ways with Chief Operating Officer Henrique de Castro, whom Chief Executive Officer Marissa Mayer poached from Google in October 2012. That's because the ship de Castro was steering - digital ads - has more than halved since 2008, and dropped from 6.8% to 5.8% in 2013.
Stock Market Today, Jan. 6, 2014: U.S. stocks, including all three major indices, closed in the red today as growth in the service industries was weaker than expected, adding to the heavy start to 2014 trading.
U.S. services sector shrank last month, with an index of 53.0, down from 53.9 in November and below expectations for 54.8. But, in a more positive economic indicator, factory orders rose 1.8% in November from a year prior, the U.S. Commerce Department reported.
In response, the Dow Jones Industrial Average today closed down 0.27% at 16,425, while the Standard & Poor's 500 was down 0.24% at 1,827 and the Nasdaq Composite Index is off 0.36% at 4,118.
In addition to today's economics reports, retail stocks are likely also weighed by the headline-grabbing cold weather, which investors expect to hurt January's retail sales.
Stock Market News Today, Jan. 2, 2014: U.S. stocks are kicking off the New Year on a heavy note in today's trading, with the Dow shedding more than 100 points as investors absorb fairly positive reports on jobless claims and U.S. manufacturing.
Initial jobless claims fell 2,000 to 339,000 last week, which is close to analyst expectations of a small increase for that week.
Stock Market Today, Dec. 30: In the second-to-last trading day of the year, stocks are fairly flat except for some double-digit movers in the consumer and biotech sectors, like Crocs Inc. (Nasdaq: CROX) stock.
The Dow Jones Industrial Average today clutched a small gain of 25 points while both the Standard & Poor's 500 and Nasdaq Composite Index ended in the red. They fell about 0.02% and 0.06%, respectively.
This isn't just any old stock market rally. It's the first leg of a global generational bull market.
Stocks around the world can and eventually will double and triple from here.
Investors want to know if it's too late to get into the record-breaking bull market.
They want to know if they should take profits... or keep their chips on the table.
They want to know how to navigate any correction, if one comes.
The answers to those questions are easy. You just have to understand where we are.
My record picking major market tops and bottoms is exceptional.
That's important, because the global generational bull market isn't going to be a straight run.
There will be ups and downs.
We hear it all the time, this notion that professional traders at top-tier Wall Street firms like Goldman Sachs, JPMorgan Chase, and HSBC have tremendous advantages over smaller, individual investors.
The system is rigged...
Too-big-to-failbankers are getting richer at the expense of the little guy...
And a lot of it's true. We reveal these "insider advantages" all the time here at Money Morning.
But as a former hedge fund trader at Goldman Sachs, I know firsthand that some of these notions are fantasy.
In some cases, operating outside the system gives you the edge, especially when it comes to "The $5 Rule."
It handcuffed me at Goldman, essentially forbidding me to make an irresistible trade. But it didn't ban my non-Goldman friend from the opportunity. So he made the trade.
And it worked.
He turned $50,000 into more than $1 million, in less than two years.
Stock Market News Today, Dec. 12: U.S. stocks are weighed today after having started the day higher on upbeat retail sales data. They retreated on more concerns that the U.S. Federal Reserve will scale back its $85-billion-per-month bond-buying stimulus program.
The S&P 500 today fell 0.38%, or 6.72 points, at 1,775.50, and the Dow Jones Industrial Average lost 0.66%, or 104.03 points, at 15,739.50 points. The Nasdaq Composite Index fell 0.14%, or 5.41 points, at 3,998.40.
Stock Market News Today, Nov. 27: U.S. stock futures today are headed for yet another record-breaking session as stocks are up across the board ahead of tomorrow's holiday.
Stock Market News Today, Nov. 21: U.S. stocks are continuing to rally today as the 30-year fixed mortgage rate dropped to 4.22% this week from 4.35% last week, and despite the fact that data showed manufacturing activity slowed this month.
The Philadelphia Fed's manufacturing index for October was 6.5 last month, down from 19.8 in October and below economists' expectations for 14.5. That data indicates slowing, but still positive general manufacturing activity.
Stock market news today, Nov. 18: The Dow ended up today but fell short of 16,000 after bearish comments from Carl Icahn.
The Dow Jones Industrial Average closed up 0.1% to 15,976 points, hitting a high of 16,030 earlier in the day. The S&P 500 closed down about 0.4% at 1,791 points, and the Nasdaq Composite Index closed down 1% at 3,949.
If you've been joining our twice-a-week get-togethers over at Strategic Tech Investor, you know that I'm a focused and disciplined investor - and that I ignore fads and refuse to chase "hot tips."
I'm also very price-sensitive: Although I'm hunting for stocks capable of delivering "moonshot" price gains, I won't pay a penny more than my charts or "black box" system tells me they're worth.
To enforce that discipline - and to help pass along to you all that I've learned through the years - I developed the set of five rules that we talk about here each week.
But one of my best tools is also one of my simplest. It's a roster of companies whose stocks I'd someday like to own, but that don't currently meet my stringent criteria.
I call it my "Watch List."