Investors can find plenty to stress about as voters try to pick congressional candidates they believe will best help the nation navigate through inflation, labor shortages, a possible recession, international conflicts and divisive social issues. Here’s one bit of reassurance: If history is any guide, at least you don’t have to worry too much about… Continue reading For Stocks, the Midterms May Not Matter. Here’s Why That’s A Good Thing.
Technical Analysis Says This Stock Market Rally Has Legs
The S&P 500 is in the midst of a remarkable rally and continues to show signs of strength, leading some technical analysts to predict even more upside ahead. To be sure, no one is calling for the end of the bear market. It’s not even clear that the bottom of the current bear market is… Continue reading Technical Analysis Says This Stock Market Rally Has Legs
Stock Market Today: Stocks Sprint Higher as Bank Earnings Impress
Stocks kicked off the new week on a high note, with all three major indexes notching solid gains Monday. Wall Street cheered headlines out of the U.K., where newly installed finance minister Jeremy Hunt walked back major tax cuts unveiled by his predecessor, Kwasi Kwarteng, in late September. The tax cuts sparked excessive volatility across… Continue reading Stock Market Today: Stocks Sprint Higher as Bank Earnings Impress
U.S. Stocks Rally on Bank of America Earnings Beat
Wall Street’s main indexes jumped on Monday as Bank of America led a rally among lenders after reporting a smaller-than-expected drop in profit, with its new loans benefiting from higher borrowing costs. Bank of America Corp jumped 5.17% as the lender’s net interest income surged in its third quarter, even though it added $378 million… Continue reading U.S. Stocks Rally on Bank of America Earnings Beat
Why Domino’s Pizza and Delta Air Lines Hint at a Stronger Economy
We’re still in the earliest stages of what is projected to be a brutal third-quarter earnings season, so let’s not get ahead of ourselves. But companies as disparate as Domino’s Pizza (DPZ (opens in new tab), $320.91) and Delta Air Lines (DAL (opens in new tab), $31.00) are hinting at a stronger economy ahead. Which… Continue reading Why Domino’s Pizza and Delta Air Lines Hint at a Stronger Economy
Holiday Deals: Bargains for Shoppers as Retailers Shed Overstock
Inflation has been the watchword for 2022, but as holiday shoppers go to the mall or order online (yes, it’s on, whether you like it or not), discounting will brighten their prospects, even as it cuts into retailers profit potential. Amazon.com has wrapped up its attempt to duplicate the magic of its Prime Day sale,… Continue reading Holiday Deals: Bargains for Shoppers as Retailers Shed Overstock
Splunk Stock’s a Buy, Says Analyst. Here’s Why.
Splunk (SPLK (opens in new tab), $68.01) recently got a Buy rating from CFRA Research analyst John Freeman, who initiated coverage of the large-cap enterprise software stock. “SPLK continues to hold strong, tough-to-replicate advantages in data processing and analysis of real-time streaming data, the volume and value of which will only continue to expand at… Continue reading Splunk Stock’s a Buy, Says Analyst. Here’s Why.
4 Strategies That Work in a Bear Market
There are countless reasons to feel disappointed when your 401(k) statement is showing how much money you’ve lost over the last 30 days. A typical portfolio that’s invested in a mix of stocks, bonds, real estate and cash is likely to be down 17% or more from last year right about now. When you see… Continue reading 4 Strategies That Work in a Bear Market