With just two sessions left in 2022, bulls finally got the stock market surge they’ve been hoping for. The major market indexes staged a hearty rally Thursday, helped by a bad-news-is-good-news reading on the labor market in vapor-thin trading volume. The proximate cause for Thursday’s rally came courtesy of an uptick in weekly jobless claims… Continue reading Stock Market Today: Stocks Bounce Back After Latest Jobs Data
The 7 Best Warren Buffett Dividend Stocks
published 29 December 2022 While Berkshire Hathaway (BRK.B (opens in new tab)) doesn’t pay a dividend, more than half of the stocks in the holding company’s nearly $300-billion equity portfolio do. And the best Warren Buffett dividend stocks produce a substantial amount of income for the Oracle of Omaha. The best dividend stocks can create… Continue reading The 7 Best Warren Buffett Dividend Stocks
Stock Market Today: Stocks Lose Steam After Dismal Housing Data
Some early Wednesday gains sparked hope that markets might just get a Santa Claus rally after all. Any optimism was quickly dashed, however, as the major market indexes turned lower in light trading after the latest housing data fanned fears of a potential recession in the new year. Looking at the economic data, the… Continue reading Stock Market Today: Stocks Lose Steam After Dismal Housing Data
When It Comes to Cash Yields, Cash Is No Longer Trash
In a famous 2018 interview, Ray Dalio (opens in new tab), founder of hedge fund giant Bridgewater, coined the phrase “cash is trash.” What he was describing was an investing environment in which interest rates were so low that holding cash, cash equivalents and many types of bonds made little sense because of low interest… Continue reading When It Comes to Cash Yields, Cash Is No Longer Trash
Stock Market Today: Tesla Keeps S&P 500, Nasdaq in the Red
It was a wobbly start to the final trading week of 2022, with stocks finishing mixed following the long holiday weekend. Investor sentiment got a temporary boost after China said it would open its borders to international travelers next month without requiring them to quarantine. Still, it wasn’t enough to offset a continued slump in… Continue reading Stock Market Today: Tesla Keeps S&P 500, Nasdaq in the Red
Is the Stock Market Open on New Year’s?
Is the stock market open on New Year’s Eve and New Year’s Day? This year, the answer to that question is no. That’s because both New Year’s Eve and New Year’s Day fall on a weekend this year. Typically, the stock market is open on Dec. 31 (if it falls on a weekday) and closed… Continue reading Is the Stock Market Open on New Year’s?
5 Investment Resolutions to Make for 2023
New Year’s resolutions are an annual ritual for many, with health-related resolutions among the most common. In the spirit of the season, investors should consider making (and sticking to) 2023 New Year’s investment resolutions to lead a healthier investment life. The following resolutions may reduce stress and improve investment performance: The “activity bias” is a… Continue reading 5 Investment Resolutions to Make for 2023
Stock Market Today: Stocks Close Higher in Light Trading
Stocks managed to post gains on light volume ahead of the long holiday weekend. Reassuring data on inflation (opens in new tab) soothed traders’ nerves, which have been rattled in December by the Federal Reserve’s policy of relentlessly hiking interest rates (opens in new tab). Be that as it may, not many market participants are… Continue reading Stock Market Today: Stocks Close Higher in Light Trading