Investing

Stocks opened lower Thursday as the latest batch of economic data elevated recession fears. Not helping matters was another rush of corporate earnings reports, with several notable stocks sinking in the wake of their results.  The Labor Department this morning said that weekly jobless claims rose by 5,000 last week to 245,000, more than economists… Continue reading Stock Market Today: Stocks Struggle After Tesla Earnings, Economic Data

Stocks spent most of Wednesday in the red, weighed down by dreary U.K. inflation data and mixed earnings from Netflix (NFLX (opens in new tab)). However, the major indexes came off their lows as the session wore on, with one of the three benchmarks closing in positive territory.  Data from the U.K. today showed that… Continue reading Stock Market Today: Stocks Close Mixed After Sizzling U.K. Inflation Update

4. The Markets Can Be a Great Place to Outpace Inflation. Although 2022 was a rough year for inflation, history has shown that, over time, the markets outperform most other investments (opens in new tab), especially inflationary investments. So if inflation keeps going up, generally speaking the market goes up with it to support the… Continue reading Four Reasons to Consider Staying Invested in a Down Market

With recent headlines warning of a potential surge in market volatility, more and more investors are looking beyond traditional asset classes and exploring alternative investing paths. Alternative investing, which includes hedge funds as well as private assets like real estate and side businesses, can provide diversification, reduce risk and generate additional income. Alternative investing has… Continue reading How to Get into Alternative Investing

Equity markets had a hard time making up their minds Tuesday amid a heavy day of earnings reports from big banks and other blue chip stocks. Hawkish commentary from two Fed officials also caused markets to waver. Dow stocks Johnson & Johnson (JNJ (opens in new tab)) and Goldman Sachs (GS (opens in new tab))… Continue reading Stock Market Today: Stocks Waver Amid a Flurry of Quarterly Reports

It was a slow start to the week for stocks as investors took in mixed quarterly results from a handful of financial sector names. The real fireworks kick off later this week when first-quarter earnings season gets rolling.  Drilling down into this morning’s quarterly results, Charles Schwab (SCHW (opens in new tab), +3.9%) said earnings… Continue reading Stock Market Today: Stocks Waver Ahead of Busy Earnings Week

Stocks started the day modestly higher after several big banks, including JPMorgan Chase (JPM (opens in new tab)) and Citigroup (C (opens in new tab)), kicked off first-quarter earnings season on a high note. However, the major indexes quickly turned lower after one Fed official suggested the central bank has more work to do to… Continue reading Stock Market Today: Big Bank Earnings Fail to Lift Stocks

The cannabis industry was in focus this week, with  the Poseidon team traveling to Miami to attend the Benzinga Cannabis Capital Conference.  The event was exceptionally executed, and we’ve noticed that attendance continues to increase each year. We were on-site and used the opportunity to meet with public and private companies across the landscape. From… Continue reading 3 Takeaways from Benzinga Cannabis Capital Conference: This Week in Cannabis Investing