Stocks struggled for direction Monday. Market participants are cautious looking ahead to a busy batch of economic data. Most notable in this week’s lineup is Friday’s release of the Federal Reserve’s preferred inflation measure, especially after the central bank last week forecast higher-for-longer interest rates. The next inflation reading comes Friday morning with the… Continue reading Stock Market Today: Mega-Cap Strength Keeps Stocks Above Water
Is the Economy Inching Toward a Recession?: The Kiplinger Letter
We may not be in a recession, but the economy still faces several threats in the coming months, which together figure to act as a drag on growth. How much of a slowdown we get depends largely on how these looming issues play out. To help you understand what is going on with the U.S.… Continue reading Is the Economy Inching Toward a Recession?: The Kiplinger Letter
Should I Trade Stocks or Options?
Options trading has surged in popularity in recent years. Market participants just learning about this financial instrument might wonder, “should I trade stocks or options?” The choice holds the power to significantly shape your financial journey. While the decision ultimately rests with you and what makes the most sense for your investing needs and goals,… Continue reading Should I Trade Stocks or Options?
What Is Market Cap?
One of the most common terms bandied about among investors is “market cap,” which is also known as market capitalization or market value. But what is market cap? In its most basic definition, market cap is equal to what a company is worth at any particular stock price. To calculate a company’s market cap, multiply… Continue reading What Is Market Cap?
Stock Market Today: Stocks Lose Steam as Fed Hangover Lingers
Stocks spent most of the day in positive territory Friday as Treasury yields retreated. The major indexes lost steam, however, as investors continued to fret about higher-for-longer interest rates and took in new developments on the United Auto Workers (UAW) strike. At the close, the Dow Jones Industrial Average was down 0.3% at 33,963,… Continue reading Stock Market Today: Stocks Lose Steam as Fed Hangover Lingers
SAFE Banking Act Hits a ‘Sweet Spot’: This Week in Cannabis Investing
The SAFE Banking Act is back in focus as senators prepare to take the next step down the long, 10-year path of cannabis federal banking reform. Members of the Senate Banking Committee have reportedly reworked key sections of the Secure and Fair Enforcement (SAFE) Banking Act and found a “sweet spot” that allows for a… Continue reading SAFE Banking Act Hits a ‘Sweet Spot’: This Week in Cannabis Investing
Stock Market Today: Stocks Head South as Treasury Yields Hit New Highs
Stocks continued their post-Fed slump Thursday, with all 11 S&P 500 sectors finishing in the red. While the central bank held rates steady at its September meeting, it left the door open for another rate hike by year’s end – news that sent Treasury yields spiking to levels not seen in nearly two decades. Indeed,… Continue reading Stock Market Today: Stocks Head South as Treasury Yields Hit New Highs
Stocks Close Lower After Hawkish Fed Pause
Stocks were choppy in the lead up to this afternoon’s policy announcement from the Federal Reserve. The major indexes failed to lift off after the central bank held interest rates steady, as expected, but signaled they will stay higher for longer. Today’s anticipated pause by the Fed left the short-term federal funds rate at a… Continue reading Stocks Close Lower After Hawkish Fed Pause