Month: July 2019

U.S. equities are holding near the unchanged line on Wednesday as traders await the decision from Federal Reserve policymakers. Source: Shutterstock An interest rate cut? Surely, it’s all but fully baked in. By how much? A modest 0.25% cut, the first since 2008, is likely. Yet hope springs eternal for a deeper 0.50% cut. But
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A huge inventory decline Production is falling Rig counts are below last year’s level- Oil could recover The price of crude oil was sitting at just above the $56 per barrel level on the nearby September NYMEX futures contract on Friday, July 26. In the past, the situation in the Middle East with Iran and
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Tesla (NASDAQ:TSLA) investors have endured a bumpy ride over the past few years as the stock rose and fell at the drop of a hat. On one hand, TSLA stock benefited from optimism regarding the public’s growing interest in electric vehicles and advancements in autonomous driving. However, the firm continuously disappointed by not living up
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While the selloffs aren’t enormous, it’s clear that investors are getting defensive ahead of the Fed’s announcement on Wednesday. Amid the rate-cut drama is a plethora of earnings results. Let’s look at a few top stock trades. Top Stock Trades for Tomorrow #1: Under Armour Click to Enlarge Under Armour (NYSE:UA, NYSE:UAA) stock is getting
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U.S. equities are drifting lower in early trading on Tuesday as investors await the outcome of the Federal Reserve’s two-day policy meeting. An interest rate cut of at least 0.25% is widely expected, and the market is already pricing in the likely implications of another dose of easy money stimulus. Source: Shutterstock Take a look
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Qualcomm (NASDAQ:QCOM) stock slipped a bit last week. It’s easy to see why. Longtime Qualcomm troublemaker Apple (NASDAQ:AAPL) threw another jab at QCOM. It did so by announcing plans to buy Intel’s (NASDAQ:INTC) smartphone-modem chip business. Why is that important to QCOM stock?  Apple is using Qualcomm’s chips in its smartphones and has for some time.
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One of the themes of this bull market has been that the best stocks to buy haven’t been value plays — and they haven’t been small-cap stocks, either. Big growth names have outperformed; smaller stocks generally have not. Source: Shutterstock Indeed, as the Wall Street Journal noted just this week, small-cap stocks have underperformed large-caps
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Many investors regard Canada-based Canopy Growth (NYSE:CGC) as synonymous with the growth of the legalized marijuana industry. The last few years, shareholders have gained considerable wealth investing in CGC stock early. But more recent ones have lost money as they placed their bets on the future of legal marijuana. Source: Shutterstock Since late April, Canopy Growth
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After a wild ride last year, the alcoholic-beverage industry appears set for a comeback. Within this group, the biggest standout in recent days is AmBev (NYSE:ABEV). The Latin American arm of adult-beverage giant Anheuser Busch (NYSE:BUD), ABEV stock has taken stakeholders to opposite ends of the emotional spectrum. In 2018, AmBev stock absorbed a devastating 38%
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