Are We in a Baby Boomer Retirement Crisis?

However, the survey also found that the majority of Americans have more than $10,000 saved for retirement: close to 7% have saved between $10,000 to $49,999; 13% have saved between $50,000 and $99,999, 12% have saved between $100,000 to $199,999; 10% have saved between $200,000 to $299,999, and 16% have over $300,000 in retirement savings. Research by the Insured Retirement Institute (IRI) also suggests trouble for some retiring Boomers. According to the study, 45% of Baby Boomers have no retirement savings.

10 High-Flying, Overvalued Stocks in Danger of Crashing

The U.S. stock market again has moved to an all-time high — and more than a few investors are worried. Finding stocks to buy is exceedingly tough, with growth names in particular at valuations not seen since the heady days of the dot-com bubble. For the most part, stocks have simply climbed the proverbial “wall of worry“. And those investors who have seen many growth stocks as “too expensive” in many cases have missed out on huge gains.

Stats, Trade, Brexit and Corporate Earnings to Influence on the Day

At the time of writing, the Japanese Yen was down by 0.21% to ¥107.53 against the U.S Dollar. Elsewhere At the time of writing, the Kiwi Dollar was down by 0.01% to $0.6782, with the Aussie Dollar down by 0.07% to $0.7070. The pair failed to find support in spite of the upward momentum in the Asian equity markets and dovish FOMC chatter.

Gold Price Futures (GC) Technical Analysis – Euro Will Exert Biggest Influence on Direction

Spot gold popped to a six-year high early Friday on the back of dovish comments from New York Federal Reserve President John Williams from Thursday. Comments from Fed Vice Chair Richard Clarida also drove up prices as well as some so-called “safe-haven” buying due to a military incident between the U.S. Navy and Iran. Profit-takers, however, killed the rally after they were encouraged to liquidate positions after New York Fed officials downplayed Williams' comments.

• 
  E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Late Session Rally Fueled by Dovish Fed Member Comments

  FX Empire
• 
  U.S. Dollar Index Futures (DX) Technical Analysis – Pivot at 96.760 Controls Direction into Close

  FX Empire

3 Reasons Costco Has Membership Fees

Costco Wholesale Corp. (COST), the members-only, big box discount retailer, charges $60 for it's lowest level membership, the Costco Gold Star membership. This may seem like steep cost to buy things, but Costco uses a subscription model of business for three reasons. With several large supermarkets, Wal-Mart Stores, Inc. (WMT) Supercenters, Target Corp. (TGT), Sam's Club, BJ's Wholesale Club, and a variety of neighborhood groceries and farmer's markets, Americans have lots of choice about where to spend their weekly food budget.

Netflix Shares Plunge Most in a Year After U.S. Customers Leave Service

Tuna Amobi, consumer cyclicals analyst at CFRA, discusses second-quarter results from Netflix Inc. as the streaming media company reported a decline in U.S. customers. He speaks with Blomberg's Vonnie Quinn on "Bloomberg Markets."

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  Netflix, Welcome to Ratings Hell

  Bloomberg
• 
  Market report: City switches on to ITV amid hopes for Netflix rival BritBox

  Evening Standard

How One Key Metric Weighed On Intuitive Surgical's Attempted Breakout

Intuitive Surgical stock attempted a breakout Friday after the robotic surgery giant topped second-quarter estimates, though it saw a moderation in the number of hernia procedures using its systems. Shares of Intuitive Surgical rose as much as 1.5%, to 544.85, briefly topping a buy point at 540.56 out of a cup-with-handle base that began forming in April. Evercore ISI analyst Vijay Kumar expected a donnybrook pitting the bulls and bears.

• 
  Intuitive Surgical Inc (ISRG) Q2 2019 Earnings Call Transcript

  Motley Fool
• 
  This Key Trend Continues at Intuitive Surgical

  Motley Fool

Why Microsoft may really be worth $1,300,000,000,000

Microsoft's (MSFT) stock popped 2% on Friday following another much better-than-expected quarter. For the fiscal fourth quarter, Microsoft's adjusted earnings came in at $1.37 a share versus estimates for $1.21 a share. The tech giant impressed Wall Street thoroughly, which has become the norm under the leadership of CEO Satya Nadella.

• [video]Microsoft Earnings: Three Signs It's Still a Good Stock Pick

  TheStreet.com
• Is Microsoft In the Midst of Defying Gravity?

  TheStreet.com

IBD Stock Of The Day: Match Stock Jumps As Tinder App Could Bypass Google

Match Group is the IBD Stock Of The Day as the owner of the Tinder dating app jumps into a buy zone. The Match stock rally comes as the company reportedly explores new ways to monetize the Tinder app, possibly by bypassing the Google Play store on mobile devices. Match stock is on the IBD Leaderboard list of premium stocks, and has been since the stock found support at the 50-day moving average.

• 
  How To Trade Top Stocks: Why Apple, Nvidia Breakouts Still Worked Despite 'Light Volume'

  Investor's Business Daily
• 
  IBD's Investing Podcast: How To Make More Money In The Stock Market With Stock Charts

  Investor's Business Daily

Don’t Look Now, President Trump: Iran’s Currency Is Soaring

U.S. President Donald Trump's administration has been toughening up sanctions on the Islamic Republic, all but preventing it from exporting oil, the lifeblood of its economy. Trump, who regularly touts the success of those penalties, tightened them further last month after Tehran shot down an American drone near the Persian Gulf. Iran's currency “is under siege thanks to us,” he told a cabinet meeting in January.

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  Iran captures UK tanker - live: British ship seized and armed guards board second UK-linked vessel before letting it go

  The Independent
• 
  Iran says it seized foreign oil tanker and crew

  CBS News Videos

Can AMD Stock Break Out to $37?

Advanced Micro Devices (NASDAQ:AMD) stock has been red-hot, hitting new 52-week highs earlier this month. Now we have to consider when to buy AMD stock again and decide whether it can break out over its stiff resistance. AMD stock price fell slightly on Wednesday as it failed to exceed $74.

We Wouldn’t Buy Gold at These Levels, Says Legal & General’s Roe

John Roe, head of multi-asset funds at Legal & General Investment Management, discusses gold and what the world's best currency to be holding for safety. He speaks on “Bloomberg Markets: European Open.

• 
  Is Lennar Corporation's (NYSE:LEN) ROE Of 13% Impressive?

  Simply Wall St.
• 
  A Closer Look At Schroder European Real Estate Investment Trust Plc's (LON:SERE) Uninspiring ROE

  Simply Wall St.

Want To Succeed? Put In A 37-Hour Workday, Says This Top CEO

A 37-hour workday early in his career taught Larry Enterline what it takes to succeed. "These were not 9-to-5 jobs," said Enterline, now 66, who retired June 29 as CEO of Fox Factory Holdings. Witnessing the dedication and work ethic of those workers shaped Enterline.

Tesla drops request for restraining order against allegedly dangerous short seller

Tesla has withdrawn its request for a court-ordered restraining order against Randeep Hothi, documents submitted to the court where the complaint was filed revealed Friday. Hothi, an individual who is very vocal on social media about his short position in Tesla, had gone to extreme and potentially dangerous lengths in his avid attempts to collect materials to support his vocal criticism, according to the company. The Alameda County Superior Court actually granted Tesla a temporary injunction in this matter back in April, after Tesla filed a complaint with supporting documents supporting its assertion that Hothi had injured a guard during a hit-and-run incident in February, and that he nearly caused an accident by driving dangerously in pursuit of a Tesla Model 3 undertaking a test driven on April 16.

Aurora Cannabis Stock: Show Me the Money

Locating a bottom is never easy, but right now a cheaper-priced Aurora Cannabis (NYSE:ACB) may finally mean better value for ACB stock bulls. It has been a hair under a month since last discussing ACB stock. At the time I was cautiously optimistic on the Aurora price chart.

• 
  3 Reasons Investors Should Be High on Hexo Stock

  InvestorPlace
• 
  Marijuana Stock KushCo (KSHB): Potential Catalysts Vs. Risks

  SmarterAnalyst

Investing for Retirement: Six Critical Rules

Your retirement goals will depend largely on the income you can expect during your retirement and will likely evolve as your plans, risk tolerance, and investment horizon change. While specific investing “rule of thumb” guidelines—such as “You need 20 times your gross annual income to retire” or “Save and invest 10% of your pretax income”—are helpful, it's important to step back and look at the big picture. Consider these six essential rules for smart retirement investing.

IBM is a 'zombie company': Analyst

I don't know if that company is ever going to recover,” Keith Fitz-Gerald, chief investment strategist at Money Map Press, said on Yahoo Finance's “The First Trade. Cloud contest One of those pivots is the cloud, which allows individuals and corporations to store massive amounts of data without the need to buy and maintain their own systems. Amazon Web Services has the true first-mover advantage when it comes to the fast growing cloud computing business.

US Stocks Decline after WSJ Report Says Fed Will Make Less-Aggressive Rate Cut

The major U.S. equity indexes posted a volatile two-sided trade on Friday before settling lower for the session. The markets were bid higher early in the day as better-than-expected earnings results from Microsoft underpinned technology stocks and added to the bullish tone generated the day before by New York Fed President John Williams who strongly implied the central bank would lower interest rates by 25-basis points this month. Some investors even went as far as suggesting Williams was indicating a more aggressive 50-basis point rate cut when the Fed meets on July 30-31.

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  Global Markets: Asia stocks firm as Fed props up rate cut expectations

  Reuters
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  Wall Street falls as Fed signals smaller rate cut

  Reuters