Investing

The proposition of ending up with such a large amount of a single stock that it eclipses your other assets most likely sounds enticing to the average person. Indeed, much wealth has been created by those fortunate enough to hitch their wagon to companies whose stock has continued to climb for years on end, such… Continue reading Managing a Concentrated Stock Position: Too Much of a Good Thing

Stocks bounced between positive and negative territory Tuesday as investors considered whether to take the latest consumer price index (CPI) as a glass half full or a glass half empty.  On one hand, the data showed inflation continued to cool in January. But on the other hand, the pace of moderation slowed as prices for… Continue reading Stock Market Today: Stocks Struggle for Direction After Inflation Data

Is the stock market open on Presidents’ Day? The answer to this question is no. The stock market will be closed Monday, Feb. 20, for Presidents’ Day, or Washington’s Birthday, as the holiday is also known. Washington’s Birthday became a federal holiday in 1879, and was celebrated on Feb. 22 until 1970, when it was… Continue reading Is the Stock Market Open on Presidents’ Day?

The January CPI report released Tuesday revealed that inflation continued to cool in January, albeit by not quite as much as economists had forecast.  The CPI report, or Consumer Price Index, for January increased 0.5% on a month-to-month basis after rising 0.1% in December, the Bureau of Labor Statistics (opens in new tab) said. Economists… Continue reading January CPI Report: What the Experts Are Saying About Inflation

In a terrible time for most stocks, a few sectors have done awfully well. Energy stocks, of course. Also defense and aerospace (there’s a war on) and healthcare (needed always). Another strong sector may come as a surprise: food stocks.  Archer-Daniels-Midland (ADM (opens in new tab)), the giant food-processing company, surged 39.7% in 2022, and… Continue reading Should You Buy Food Stocks? We All Gotta Eat

Princeton University emeritus economist Burton Malkiel (opens in new tab), who turns 91 this year, has published a 50th-anniversary edition of his investing classic, A Random Walk Down Wall Street (opens in new tab). Kim Clark, Kiplinger: So much has changed since your first edition — there weren’t even any index funds for individual investors… Continue reading ‘A Random Walk Down Wall Street’ at 50

Stocks closed higher Monday ahead of a busy week on Wall Street.  A bare economic calendar allowed traders to turn their attention to tomorrow morning’s inflation update, with the Labor Department set to unveil the next CPI report report ahead of the opening bell. And while today’s buying was fairly broad-based, several Big Tech stocks… Continue reading Stock Market Today: Stocks Close Higher Ahead of CPI

“When is the next CPI report?” was a question no one was asking back in the days of 2% inflation readings. Alas, those days are long gone. Inflation hit a four-decade high in 2022, prompting the Federal Reserve to embark on its most aggressive campaign of interest rate hikes since the late Carter and early… Continue reading When is the Next CPI Report?