Tech stock short sellers have been crushed this year.Read More »
Suze Orman has the status of a financial guru. But I have never been able to understand why this self-proclaimed expert has such a following. Imagine a celebrity chef who has given herself food poisoning, or a car expert that couldn’t change a
The latest effort by Republicans in the Senate to overhaul the US healthcare system could have an unexpected effect on deductibles (the money you pay before insurance kicks in): they could get so high they're actually more than the poorest Americans earn. The CBO estimates that by 2026 the second-lowest-priced plans (the silver plans, in the Obamacare marketplace) would have $13,000 deductibles. Under the Affordable Care Act currently, a deductible for the same plan would be $5,000 in 2026.
Weakness in General Electric (GE) , plus a cheap dividend, is an opportunity to buy this iconic component of the Dow Jones Industrial Average. The stock reported earnings Friday morning, rebounded to $27.25 before the open, but it was not ready to show trading momentum. The stock traded below its post-election low of $25.85, before the open, making it too cheap to ignore, given its favorable dividend yield. The open between $25.50 and $25.25 is a good position entry. Here's my analysis! General Electric is the worst performer of the 30 components of the Dow Jones Industrial Average so far in 2017. At $25.50, the stock is down 19.3% year to date and is in bear market territory, 21.2% below its