Stocks finished the week far from where they started as Friday’s jobs data all but confirmed that the Federal Reserve still has a long way to go to slow the economy. Earlier today, data from the Labor Department showed the U.S. added 263,000 jobs in September. While this marked a 17-month low in terms of… Continue reading Stock Market Today: Jobs Data Delivers Blow to Stocks
Is the Stock Market Closed on Columbus Day/Indigenous Peoples’ Day 2022?
With fall in full swing, Columbus Day/Indigenous Peoples’ Day lands on the first Monday of October. As the nation celebrates with a 3-day weekend, bond markets will also be closed on Monday, October 10. Stock markets will trade as usual. Unlike some market holidays, however, there are no early hours ahead of the holiday. The… Continue reading Is the Stock Market Closed on Columbus Day/Indigenous Peoples’ Day 2022?
The September Jobs Report: What the Experts Are Saying
The September jobs report was one of those perverse examples of “good news is bad news” as far as the market was concerned. Although payroll growth moderated somewhat, hiring was still more robust than the Federal Reserve would like. Furthermore, the unemployment rate fell to 3.5% – a 50-year low – from 3.7%, and average… Continue reading The September Jobs Report: What the Experts Are Saying
3 Pot Stocks to Buy After Biden’s Marijuana Pardons
If you work in the cannabis industry, Joe Biden’s latest move is a possible godsend for a segment of the economy that’s struggled to gain traction. On Oct. 6, President Biden granted pardons to approximately 6,500 people who have been charged by the federal government for possession of marijuana. Subscribe to Kiplinger’s Personal Finance Be… Continue reading 3 Pot Stocks to Buy After Biden’s Marijuana Pardons
This Week in Cannabis Investing: Canopy Growth Slims Down
The first generation of cannabis operators in Canada, including Canopy Growth (CGC (opens in new tab), $3.75), made a number of unreasonable and costly investments during a frothy period of cannabis capital markets. Canada’s so-called “Green Rush” was mischaracterized and most of those transactions failed to provide accretive value. We’re continuing to see significant write-downs… Continue reading This Week in Cannabis Investing: Canopy Growth Slims Down
Kiplinger’s Weekly Earnings Calendar (Oct. 10-14)
Below is a weekly earnings calendar of the most important upcoming quarterly reports scheduled to be released by publicly traded companies. However, we have also provided expanded earnings previews for select companies. Please check back often. This earnings calendar is updated weekly. Monday (10/10)Tuesday (10/11)Wednesday (10/12)Thursday (10/13)Friday (10/4) (Editor’s Note: Earnings dates in tables are tentative.… Continue reading Kiplinger’s Weekly Earnings Calendar (Oct. 10-14)
Stock Market Today: Stocks Slide Ahead of September Jobs Report
Stocks popped higher out of the gate Thursday after early morning data showed a bigger-than-expected jump in weekly jobless claims. But the gain was short-lived, with markets turning lower after a Federal Reserve official chimed in on rate hikes. Thursday’s trading marked the second straight loss in a week that started out with a remarkable… Continue reading Stock Market Today: Stocks Slide Ahead of September Jobs Report
Can Stocks Picked by Artificial Intelligence Beat the Market? 3 Stocks to Watch
Artificial intelligence leveraging the raw power of Big Data might just be the edge tactical investors and traders need to navigate one of the worst years in market history. Rising interest rates, the highest inflation in four decades and mounting fears of recession have the S&P 500 mired in a bear market. At times like… Continue reading Can Stocks Picked by Artificial Intelligence Beat the Market? 3 Stocks to Watch