Why are the markets moving higher? Companies are churning out profit, and the economy is healthy. Tariffs, inflation, higher rates, and just about anything else that could spook the markets have taken a back seat. Investors care more about the fundamentals than they do the noise coming out of Washington. Stocks were up again Monday. […]
Category: Stock Watch
The stock market is headed into lots more stormy weather
For most of May, markets were relatively calm. Stocks didn’t move much, and investing looked boring again. Then, last week, the S&P 500 index SPX, +0.45% rose or fell by more than 1% in three out of the four days of trading after Memorial Day, and the Dow Jones Industrial Average DJIA, +0.72% gained or […]
‘We’re all greedy’ for double-digit stock market returns, but Citi’s top market watcher says it won’t happen this year
Citigroup’s top market watcher isn’t letting geopolitical jitters rattle his stock market forecast. In an interview on CNBC’s “Futures Now,” Tobias Levkovich said it’s too premature to make investment decisions on whether a trade war will erupt over Trump tariffs, or if Italy’s political crisis will spark a contagion. “That’s kind of geopolitical risks akin […]
Trade fears deepen; Apple’s big show; Aviation headwinds
1. Trade fears deepen: Trade tensions between the United States and some of its biggest trading partners continue to escalate. China said President Donald Trump’s plan to impose tariffs on $50 billion of Chinese exports threatens to wipe out recent progress made in trade talks between Beijing and Washington. The latest round of negotiations between […]
Crypto Markets Gain $25 Bln Over the Week, Ethereum Price Above $600
Sunday, June 3: over the past 7 days, the total capitalization of crypto markets has increased by as much as $25 bln, with all of the top ten cryptocurrencies listed on Coinmarketcap (CMC) currently in the green. Bitcoin (BTC) is slightly up today, currently trading at $7,704, having gained about 1 percent in 24 hours to press […]
Apple is the new Microsoft, and that’s bullish for the stock
Companies experience a life cycle similar to people, going through changes as they age. This is happening now with Apple Inc., which rather than losing its edge is really just maturing. That’s good news for investors. Consider that Apple’s AAPL, +0.42% peer Microsoft MSFT, +0.76% has proven that life exists for middle-aged tech stocks in […]
Small caps offer stock-market leadership amid tumult
Small-cap stocks had little trouble shaking off the crisis in Italy or an on-again, off-again global trade war that looks like it is on again. And the ability of those small-cap stocks to return to record territory while larger cap peers lag behind continues to provide comfort for stock-market bulls. “When you look at U.S. […]
3 Reasons Why Millennials Are Still Terrified of Stocks
Millennials are still terrified of stocks. The market may have rebounded from the Great Recession lows, but millennials confidence in the investing process hasn’t. Millennials invest less than 30% of their wealth in the stock market, according to a Deloitte Touche Tohmatsu Limited study. Here are three reasons why millennials are still suspicious of the […]
Buy the dip with Italy’s stocks? Why you may want to just say no
Italy’s stocks have gone on sale, thanks to the country’s latest political drama, but they haven’t necessarily become a great bargain. When it comes to buying the dip, a bunch of strategists are saying, “No, grazie.” A big issue for bears is that while Italy’s FTSE MIB equity benchmark I945, +1.49% has dived over the […]
Market bull Ed Yardeni says he ignores geopolitical ‘noise’, and pays attention to earnings instead
Wall Street veteran Edward Yardeni doesn’t expect the uptick in geopolitical concerns will ravage the stock market this year — even though President Donald Trump may not be making it easy to see that right now. “I’ve never seen a President that has been this bullish and bearish at the same time,” the Yardeni Research […]
Here’s what investors need to know as China A-shares join MSCI indexes
In a landmark move, index provider MSCI on Friday included more than 230 Chinese stocks, known as A-shares, in its emerging market indexes. A-shares are the stocks of Chinese companies incorporated on the mainland, quoted in renminbi, and listed in Shanghai and Shenzhen. The move should bring billions of dollars into the Chinese stock market […]
A third of wealthy individuals are in or planning to enter the cryptocurrency market, firm says
Digital currencies are drifting lower Friday, in what’s been a relatively quiet end to the week after the up-and-down action on Monday and Tuesday. The world’s No. 1 digital currency, bitcoin BTCUSD, +0.70% continues to hover around the $7,500 level, last trading at $7,446.35, down 1.2% since Thursday at 5 p.m. Eastern Time on the […]