Month: June 2019

Snapchat’s owner, Snap (NYSE:SNAP), arguably sold SNAP stock to the public too early. Source: Shutterstock The evidence to support such a theory is the steep selloff SNAP stock suffered following its IPO in March 2017. Unable to effectively tangle with Facebook (NASDAQ:FB) or Twitter (NYSE:TWTR) , SNAP had fallen 70% below its initial public offering
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On the surface, AT&T (NYSE: T) may look like a compelling investment. It is one of the largest telecommunications companies in the world, and T stock has a forward price-earnings ratio of under nine. Source: Shutterstock AT&T even has a 6.2% dividend yield, one of the highest among U.S. mega-cap stocks. But a closer look
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Equity markets were mostly pensive today, the final trading day before President Donald Trump and his Chinese counterpart, President Xi Jinging, are set to meet at the G-20 summit in Japan. Had that get-together been held on Thursday, we’d likely be discussing much more action today, so hold on tight for Monday. Source: Shutterstock In
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The Dow Jones Industrial Average rallied 7.2% this month, notching its best June performance since 1938. The S&P 500 posted its best first half of a year since 1997, soaring 17.3% and reaching an all-time high. Semiconductor ETF (SMH) notched biggest one-month gain since September 2010. Gold surged more than 7% in June, its biggest
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Norma Butterfield, mother of Slack Technologies CEO Stewart Butterfield, rings a ceremonial bell along with New York Stock Exchange (NYSE) President Stacey Cunningham during the Slack direct listing in New York, U.S. June 20, 2019. Brendan McDermid | Reuters Casey Stengel once said, “Never make predictions, especially about the future.” If you’re looking to prove
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Last Friday was a heck of a day for Nio (NYSE:NIO) shareholders — but not in a good way. A disheartening 6.7% slide undoubtedly took out more than a few stop-losses and induced some stockholders to cry uncle. But should investors abandon this Asian electric vehicle up-and-comer? Source: Shutterstock Investing legend Jack Bogle once said
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We’re halfway through the year at this point and while things aren’t looking awesome, they look pretty good. Consumer spending continues to rise, inflation remains low and even the trade war hasn’t seeped into the economy too much. So, why am I looking at seven F-rated stocks to sell for summer? Because all this balances
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You probably know that insider trading is illegal. An insider is an individual who has access to confidential information about a company. This information can be used to gain an unfair advantage over others in making trading or investing decisions. For instance, suppose an insider knows that a company is about to announce earnings that
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Broadly speaking, Thursday’s market action was pretty good considering the potential headline risk coming from tomorrow’s G-20 summit. At this point, reports on progress between a trade deal between the U.S. and China appear mixed, but the the murkiness could be cleared up by the weekend. Source: Shutterstock Concerning fact: The U.S. had a trade
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