Peter Hodson: This will help ensure you’re not selling at the exact bottom of this market cycle A trader works on the floor of the New York Stock Exchange in September. Photo by Brendan McDermid/Reuters The nice two-day rally in the markets has given most investors some hope. It has been a long time since… Continue reading Five reasons bad news is not always bad news for investors
Stock Market Today: Jobs Data Delivers Blow to Stocks
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
Nasdaq plunges nearly 4% as US stocks sell off after strong jobs report solidifies outlook for another big rate hike
Matthew Fox Spencer Platt / Getty Images US stocks plunged on Friday after a strong September jobs report solidified an outsized Fed rate hike in November.The US economy added 263,000 jobs last month, and the unemployment rate fell to 3.5%.”Today’s job report indicates the job market keeps chugging along – and the Fed has more… Continue reading Nasdaq plunges nearly 4% as US stocks sell off after strong jobs report solidifies outlook for another big rate hike
Good news is still bad news for the stock market, but there is a silver lining to Friday’s strong jobs report
The strong September jobs report confirmed that good economic news is still bad news for the stock market.But there is a silver lining to the jobs numbers, according to investment manager Louis Navellier.The continued economic strength “should lead to a better earnings season,” he said. Loading Something is loading. Thanks for signing up! Access your… Continue reading Good news is still bad news for the stock market, but there is a silver lining to Friday’s strong jobs report
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