If you own either Nordstrom (NYSE:JWN) or Gap (NYSE:GPS) stock, you wouldn’t have enjoyed reading CNN Business contributor Paul La Monica’s June 28 article.  La Monica informed his readers that these two retailers were the worst-performing S&P 500 stocks through the first six months of 2019. They were not the stocks to buy in the
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Today I’d like to discuss the short- and long-term outlook for the stock price of AT&T (NYSE:T), the multinational conglomerate which has an impressive portfolio and diversified revenue stream. Mostly I’d like to consider whether investors should expect AT&T stock to continue its recent trend higher? Although I believe AT&T stock belongs in a long-term income-generating
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U.S. stock futures are trading higher in early morning trading. Futures on the Dow Jones Industrial Average are up 0.16%, and S&P 500 futures are higher by 0.18%. Nasdaq-100 futures have added 0.16%. In the options pits, the distance between call and put volume narrowed while overall trading levels hovered near average readings. By day’s
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The Soro Enshi container ship sails from Yangshan Deep Water Port in Shanghai on July 10, 2018. A parliamentary committee in India said China is dumping products in their country. Photographer: Qilai Shen/Bloomberg. China is dumping products in India, an Indian parliamentary panel suggested recently. As the trade war goes on unabated, China’s trade practices
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Adobe Stock Has the “free lunch” of investing been over-sold to investors? YCharts.com The financial advice industry has been on a sugar-high…that has lasted decades.  Since the 1980s, claims of “Nobel Prize-winning theories” and the virtues of “diversification – the free lunch of investing” have been force-fed to investors ad nauseum.  I have heard it
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U.S. equities are continuing their climb on Wednesday ahead of the Independence Day holiday. The themes are familiar: Hope for a trade deal with China, the specter of interest rate cuts from the Federal Reserve, and an ongoing plunge in long-term bond yields making credit cheap again. The S&P 500 is flirting with the 3,000
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Global equities took a breather on Tuesday as crude oil slipped lower despite OPEC plus Russia confirming a deal to continue oil production cuts at their meeting. West Texas Intermediate Crude has been battling with the confluence of its 50-day and 200-day moving averages, struggling to push definitively above the $60-a-barrel level. Also working against
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(Photo by Mark Schiefelbein- Pool/Getty Images) Chinese corporations are all over Africa.  In June 2017 a McKinsey & Company report estimated that there are more than 10,000 Chinese-owned firms operating in Africa. What are Chinese corporations doing in Africa? That’s a highly controversial issue. The reason Chinese corporations are in Africa is simple; to exploit the
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Tesla‘s better-than-expected delivery numbers may buy the electric auto maker time, but they’re not a quick fix for more fundamental issues, Roger McNamee told CNBC on Wednesday. “This quarter doesn’t solve anything, but it’s way better than what people were expecting,” said McNamee, a venture capitalist turned Silicon Valley critic. Tesla shattered Wall Street’s expectations
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Aphria (NYSE:APHA) stock hasn’t moved much over the last two months. As Aphria stock works to recover from last year’s implosion, analysts’ estimates for APHA are falling even though it landed a lucrative vaping deal. Although Aphria Inc still has not fully regained the confidence of investors, strong production numbers and a move into vapes
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Most income seekers and retirees have a sort of set playbook when it comes to dividend stocks. They either buy an exchange-traded fund that’s heavy in dividend stocks like the iShares Core Dividend Growth ETF (NYSEARCA:DGRO) or they stick to a few well-known dividend stocks like Johnson & Johnson (NYSE:JNJ). And there’s nothing wrong with
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In order to give market participants a head start on Fourth of July festivities, U.S. markets had a half day today, but the shortened trading session still gave the major benchmarks enough time to post some decent pre-holiday gains. Source: Shutterstock With investors focusing on the potential for Federal Reserve interest rate cuts, a concerning
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CNBC’s Jim Cramer said Wednesday that investors should be buying, not selling, Canopy Growth stock following the firing of co-CEO Bruce Linton. Linton told CNBC earlier Wednesday that he was “terminated” from the Canadian pot company that he founded six years ago. Shares of Canopy — up about 50% year-to-date — were dropping about 4% in
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As we start the latter half of the year, markets face uncertainty as to how the trade wars will develop, what the Federal Reserve will do next and whether the tensions with Iran will keep heating up. I am going to discuss three Dow Jones Industrial Average stocks that are appropriate for long-term portfolios: Pfizer (NYSE:PFE),
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