Investing

published 9 December 2022 The best energy stocks had an impressive run in 2022. The energy sector is up roughly 50% for the year-to-date as of this writing – easily outperforming the broader equities market. What’s more, it is the only sector to post a double-digit percentage gain on the year. But what’s in store… Continue reading The 8 Best Energy Stocks to Buy Now

A relatively quiet day on Wall Street resulted in a win for stocks as bargain hunters swooped in following a stretch of losses for the major market indexes. The recent spate of selling was sparked by worries that the Federal Reserve will keep hiking interest rates and hold them higher for longer as the U.S.… Continue reading Stock Market Today: Stocks Rally on Encouraging Jobs Data

I often get asked my thoughts on where the economy is heading, and sadly, I don’t have a crystal ball, but I do have several gauges that I use to help determine the direction that the economy might be heading in. One of those gauges is the velocity of money. Velocity of money is the… Continue reading Where Is the Economy Heading? Velocity of Money Provides Clues

Stocks bounced back and forth between positive and negative territory for most of Wednesday before ending the day with yet another loss.  With little in the way of economic data to react to, investors continued to fret over the Federal Reserve’s next steps as far as interest rates go. Also worrying Wall Street were recent… Continue reading Stock Market Today: S&P 500 Extends Losing Streak

Energy stocks and exchange-traded funds (ETFs) were a popular bet heading into 2022. So far, so good – the sector has been by far and away the best performer as the end of the year nears.  The S&P 500 Energy Index delivered a massive total return (price plus dividends) of 58% through early December, driving… Continue reading The 8 Best Energy ETFs to Buy Now

Carvana (CVNA (opens in new tab)) stock tumbled by as much as 46% at one point early Wednesday amid rising worries that the online used-car retailer could be headed for bankruptcy (opens in new tab) protection. A related analyst downgrade of Carvana stock to the equivalent of Sell also weighed on shares. The bigger blow… Continue reading Carvana Stock Plunges Amid Bankruptcy Chatter

Tesla (TSLA (opens in new tab)) stock sold off once again on Wednesday, this time over concerns about weaker demand for its electric vehicles not only in the critically important market of China but also in the U.S. The latest warning comes courtesy of Bernstein analyst Toni Sacconaghi and follows reports earlier this week that… Continue reading Tesla Stock Slumps on Demand Concerns

Stocks continued to sell off Tuesday, with the S&P 500 extending its daily losing streak to four. Amid a relatively bare economic calendar, investors’ attention continued to be focused on next week’s Federal Reserve meeting. Uncertainty over the central bank’s next steps regarding monetary policy is impacting price action, particularly following the recent releases of… Continue reading Stock Market Today: Stocks Stay Shaky Amid Fed Uncertainty