This month’s ETF choice is Fidelity’s Information Technology ETF (FTEC). Like it or not, technology and information technology are the future of our world and the global economy. This ETF is a fantastic, low cost way to take advantage of the technology boom in the global stock market. The fund has over a couple hundred […]
It was a tug of war between trade jitters and earnings’ fundamentals, which ended in a draw at week’s end. Okay, the Dow Industrials was up nearly 39 points, but that’s only 0.15% and the S&P 500 and the Nasdaq indexes were virtually flat. Mid and small-cap stocks did a bit better with the Russell […]
Stocks jumped on Thursday as Wall Street recovered from a tumble in the previous session that sent two of the major indexes into the red for 2018.
SPDR S&P 500 ETF (SPY) Update 6/11/2018: Exited. Results to be posted shortly. I have entered a short vertical spread on SPY, using options that trade for the last time 43 days hence, on June 15. The premium is a 2.92 credit and the stock at the time of entry was priced at $262.50. I […]
Dow tumbles more than 500 points, bringing 2-day losses to more than 1,300 points […]
Robert M. Massimi. Of Course markets are at a new high, when you have a president who peals away regulations, cuts corporate taxes and brings jobs back, this is what will happen, to the markets. not to mention consumer confidence at an all time high, minority unemployment at an all time low, and crime down […]
A Wild Year: The year started optimistically with an expectation of continued synchronized global growth, benefits of U.S. tax cuts, and a forecast for 20% earnings growth. Based on these optimistic assumptions, the markets shot up to an all-time high in January, then plunged in February, then set a new all-time high record in September, […]
Out of Jefferies top internet stock picks for 2019, these four have the biggest upside to the Jefferies price targets and offer solid entry points with the market still down big from highs set in the fall.
Stock selloff pushes Dow down 400-plus points; 10-year Treasury yield touches 3% milestone Los Angeles Times Interest Rate Rise Unsettles Stock Investors; Dow Falls 425 Points NPR Dow Tumbles Over 400 Points; S&P 500 and Nasdaq Also Finish Lower TheStreet.com Opinion: A rules-based trading strategy will keep investors from losing their shirts this year MarketWatch ‘High-water mark’ comment from […]
Article and photos from hienalouca.com
U.S. stocks fell sharply on Thursday with the Dow closing 660 points down after Apple Inc stunned investors with its first sales warning in more than a decade, deepening fears about a slowdown in China’s economy and its impact on corporate profits.
Based on the latest available data, the Dow Jones Industrial Average fell 660.02 points, or 2.83 percent, to 22,686.22, the S&P 500 lost 57.19 points, or 2.28 percent, to 2,452.84 and the Nasdaq Composite dropped 185.10 points, or 2.78 percent, to 6,480.84.
Apple sank 10 percent after the company slashed its holiday-quarter revenue outlook due to slowing iPhone sales in China, sparking fresh concerns over the fallout from the Sino-U.S. trade war ahead of the U.S. earnings season.