Selling on Wall Street resumed Wednesday, with the major benchmarks spending the entirety of the session in negative territory. In focus today were speeches from several Federal Reserve officials – especially following Fed Chair Jerome Powell’s message yesterday that indicated the central bank’s fight against inflation is far from over. The latest batch of earnings… Continue reading Stock Market Today: Stocks Fall After Fed Speeches
Auto-Callable Yield Notes Are the Income Stream Nobody’s Talking About
I’m going to guess that you haven’t heard much about auto-callable yield notes (ACYNs), sometimes called barrier notes, and the role they might play in expanding your portfolio and buttressing your income plan. So what are ACYNs? Financial planners have long advised investors to keep an appropriate mix of stocks and bonds in their retirement… Continue reading Auto-Callable Yield Notes Are the Income Stream Nobody’s Talking About
Stock Market Today: Volatility Picks Up After Powell Comments
Stocks struggled for direction Tuesday as investors took in comments from Federal Reserve Chair Jerome Powell. The major benchmarks initially shrugged off early weakness to trade higher after Powell took the mic at the Economic Club of Washington D.C. And though the buying power briefly faded as the head of the central bank indicated there… Continue reading Stock Market Today: Volatility Picks Up After Powell Comments
The 9 Best Tech Stocks to Buy Now
published 7 February 2023 The best tech stocks were hard to find in 2022. Many tech companies entered the year trading at lofty valuations, only to encounter stiff macro headwinds as the year progressed. These headwinds included a Fed intent on aggressively raising interest rates to bring down stubbornly high inflation. There was also a near… Continue reading The 9 Best Tech Stocks to Buy Now
Stock Market Today: Stocks End Lower Ahead of Powell Speech
Stocks opened lower Monday and stayed that way through the close. Amid a bare economic calendar and just a smattering of earnings reports released ahead of the open, attention was focused on last Friday’s stunning jobs report – and what it could potentially mean for the Federal Reserve’s rate-hike plans going forward. The January jobs… Continue reading Stock Market Today: Stocks End Lower Ahead of Powell Speech
Legalized Weed Sales Begin in Missouri: This Week in Cannabis Investing
January has come and gone with a winter flurry of state-level news regarding the legalized weed industry. Like the groundhog seeing his shadow, this February, the early news cycle is being dominated by another round of positive state-level legalization efforts. While we’re usually stuck waiting for the positive signs of spring, the emergence of recreational… Continue reading Legalized Weed Sales Begin in Missouri: This Week in Cannabis Investing
Stock Market Today: Stocks Drop After Bleak Big Tech Earnings, Jobs Shocker
A busy week on Wall Street ended with wild swings for stocks as investors took in a mixed bag of Big Tech earnings and a shockingly strong monthly jobs report. After bouncing between positive and negative territory throughout the day, the major benchmarks ultimately ended Friday on a down note. The shakiness started last night… Continue reading Stock Market Today: Stocks Drop After Bleak Big Tech Earnings, Jobs Shocker
The 9 Best Utility Stocks to Buy Now
When investors think of lower-risk investments, the best utility stocks typically spring to mind for many of us. That’s because electricity is a modern necessity right alongside food and water. Consumers will cut back on just about every discretionary category before they stop heating their homes or turning on lights in the evening. It also… Continue reading The 9 Best Utility Stocks to Buy Now