The stock market is its most overbought since Bill Clinton was president, but that may actually be a good thing. The S&P 500’s 14-month relative strength index (RSI) surpassed the 87 level for the first time in nearly 22 years, Ari Wald, head of technical analysis at Oppenheimer, told CNBC’s “Trading Nation” on Monday. That’s […]
It used to be an unspoken rule for investors to sell stocks at the first sign of negative news, but sometimes, the rules have to change, CNBC’s Jim Cramer said Tuesday. “This time is indeed different, which means you can’t take your cue from the playbook that worked in more troubled times,” the “Mad Money” […]
CNBC’s Jim Cramer knows that buying stocks on weakness in a market this strong is no easy task. “Even in this market, this beast of a market, you do get the occasional buying opportunity. It does exist, but the window closes so fast that if you blink you’ll miss it,” the “Mad Money” host said. […]
Investors are betting Canada’s smaller financial firms could see a jump in revenues after they helped fund marijuana companies ahead of the country’s planned legalization of the drug this year. Equity offerings by Canadian weed companies tripled to a record high of nearly $1 billion in 2017, with nearly two-thirds of that in the final […]
U.S. stocks advanced on Monday as each of Wall Street’s main scored records in the wake of a deal by U.S. senators to end the federal government shutdown. Legislation to renew federal funding to the government cleared a procedural hurdle in the Senate and was expected soon to pass votes in the Senate and House […]
Hefty gains for energy and technology companies helped U.S. stocks set more records Monday. Drug makers announced two major deals worth about $20 billion and smaller-company stocks climbed after the Senate reached a short-term deal to end the government shutdown. Stocks were slightly higher in the early going as strong fourth-quarter results from Halliburton helped […]
Asian markets traded lower on Monday as investors kept an eye on political developments in the U.S. after a government shutdown began last week. Japan’s Nikkei 225 hovered around the flat line. Automakers were mixed: Toyota declined 0.53 percent while Mitsubishi Motors tacked on 1.62 percent. Technology stocks traded mostly higher, with Sony rising 0.33 […]
Fourth-quarter earnings season is kicking into high gear, and at least one Wall Street strategist thinks there are a handful of names that could cause waves in the market when they report in the coming weeks. Wall Street is still in the early stages of the quarter’s reporting period with just one-tenth of the S&P […]
U.S. stock futures, Asian equities and the dollar pulled back slightly on Monday after the U.S. government was forced to shut down amid a dispute between President Donald Trump and Democrats over immigration. MSCI’s broadest index of Asia-Pacific shares outside Japan eased 0.1 percent while Japan’s Nikkei was down 0.15 percent. U.S. S&P500 mini futures […]
Entering into retirement doesn’t mean the same thing it used to be. Considering that only 13% of employess have defined benefit plans with their employers, chances are you are one of the people that will need their 401(k) savings and other retirement investments to provide income. We’re all living longer, and inflation will make that […]
Five companies that have been associated with cryptocurrencies are AMD, NVIDIA, Overstock, Square and TSMC. AMD, NVIDIA and TSMC provide hardware to mine the digital currencies while Overstock and Square accept them for payment. Their finances and stock prices have been helped to varying degrees. If Bitcoin, Ethereum and other cryptocurrencies continue to do well […]
Alphabet, Facebook, and Adobe don’t do it yet, but that could change sooner than you think. Many investors, young and old, love their dividends. And in the age of low-interest rates, many older investors are no doubt turning to dividend stocks for both income and growth. One area in which these investors may have a […]
