CAPE Fear: The Bulls Are Wrong. Shiller's Measure Is the Real Deal

For the past half-decade, a controversial yardstick called the CAPE has been flashing red, warning that stock prices are extremely rich, and vulnerable to a sharp correction. And over the same period, the Wall Street bulls and a number of academics led by Jeremy Siegel of the Wharton School, have been claiming that CAPE is a kind of fun house mirror that makes reasonable valuations appear grotesquely stretched. CAPE, an acronym “Cyclically-adjusted price-to-earnings ratio,” was developed by economist Robert Shiller of Yale to correct for a flaw in judging where stock prices stand on the continuum from dirt cheap to highly expensive based on the current P/E ratio.

Why Vipshop Holdings (VIPS) Could Be Positioned for a Surge

Vipshop Holdings Limited VIPS is an online discount retailer that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well. These positive earnings estimate revisions suggest that analysts are becoming more optimistic on VIPS's earnings for the coming quarter and year.

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  Surging Earnings Estimates Signal Good News for New Relic (NEWR)

  Zacks
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  Cenovus Energy (CVE) in Focus: Stock Moves 6% Higher

  Zacks

Berkshire Trims Apple, Sells Oracle and Buys Big Banks

Berkshire Hathaway Inc. (BRK.B), the conglomerate run by billionaire investor Warren Buffett, sold some of its giant stake in Apple Inc. (AAPL), called it quits on Oracle Corp. (ORCL) and used some of its freed-up capital to top up on bank stocks in the last three months of 2018. Berkshire also boosted its stake in regional lenders, including PNC Financial Services Group Inc. (PNC) and US Bancorp (USB). Share price across the industry have been lifted by speculation that the recent merger between SunTrust Banks Inc. (STI) and BB&T Corp. (BBT) could pave the way for more deals, reported Bloomberg.

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  Warren Buffett's Berkshire Sells Oracle, Trims Apple and Buys 3 in 4th Quarter

  GuruFocus.com
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  Berkshire trims Apple stake, adds Suncor and Red Hat, exits Oracle

  Reuters

The Best Short-Term Investment Options

Short-term investments are generally defined as investments that pay off in less than five years (sometimes even less time, perhaps within a year). Whereas long-term investments are generally made with the goal of building overall wealth and preparing for retirement, short-term investments typically are made to build wealth quickly. Most successful portfolios will contain a mix of short-term and long-term investments.

Losing a job in your 50s is especially tough. Here are 3 steps to take when layoffs happen

This is one of the many reasons why I believe our 50s can be the most challenging decade of our lives. Assuming you can clear the mental challenges, the financial and administrative obstacles can leave you feeling like a Rube Goldberg machine. Income, health insurance, life insurance, disability insurance, bills, expenses, short-term savings and retirement savings are all immediately important in the face of a job loss.

Chimerix filing reveals ex-CEO's severance package after sudden resignation

Following former Chimerix CEO Michelle Berrey's sudden resignation, the company has detailed her severance package this week in an SEC filing. In early February, the Durham pharmaceutical company (Nasdaq: CMRX) announced Berrey's immediate resignation. In addition to her executive role, Berrey also resigned as a member of the board, severing her official ties to Chimerix.

China's market is like a 'Black Friday' sale now: Investor

Eric Moffett of T. Rowe Price says a lot of babies have been thrown out with the bathwater in China's stock market and some "fantastic" companies are trading at "fire-sale valuations."

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  Trump, Xi Hail Progress in Trade Talks as Tariff Deadline Nears

  Bloomberg
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  U.S.-China trade round wraps up with minimal progress toward expected memorandum of understanding

  MarketWatch

Payless ShoeSource closing all 2,100 U.S. stores, starting liquidation sales Sunday

The closings mark the biggest by a single chain this year and nearly doubles the number of retail stores set to close in 2019. "We expect all stores to remain open until at least the end of March and the majority will remain open until May," the company said in a statement to USA TODAY. This process does not affect the company's franchise operations or its Latin American stores, which remain open for business as usual.

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  2,300 Payless Stores Closing 2019: 7 Things We Know

  InvestorPlace
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  Payless ShoeSource to shutter all of its remaining US stores

  Associated Press

Amazon has a big problem now that it has scrapped plans for a New York City headquarters

To support its ambitious future of signing up more corporate clients for its Amazon Web Services and offering Prime members same-day delivery, Amazon will need more high-skilled tech workers than ever before. Unfortunately, those well-paid workers will not come from New York City, at least right now. The internet and cloud services beast said Thursday it will pull out of its New York City development project after significant outcry from locals and various other parties fearing big rent hikes and epic wage inflation.

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  POLL: Majority of New Yorkers Supported Amazon Moving to NYC

  National Review
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  Amazon no longer building new HQ in Queens

  Yahoo Finance Video

Trump's Love for Coal Not Enough to Save Money-Losing Plant

The Tennessee Valley Authority will close an aging coal-fired power plant, resisting pressure from President Donald Trump to keep the Kentucky facility operating. The TVA board voted 6-1 Thursday to shutter the Paradise Fossil Plant Unit 3, which gets most of its coal from mines operated by a longtime and vocal Trump supporter, Robert Murray. Trump tweeted Monday that the board should consider “all factors before voting to close viable power plants.

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  U.S.-owned utility to close two coal plants, in blow to Trump

  Reuters
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  Trump-dominated board to close coal plant, despite his plea

  Associated Press

How to Make Your Retirement Savings Last Forever

With life expectancy and inflation rates rising, Americans are increasingly delaying retirement as they fear their nest egg running out. Well, you could always plan for a shorter retirement, simply because it would be easier to manage costs over a shorter time frame. You could also take up a part-time job during retirement, and make small investments from any accumulated wealth to ensure a steady source of income.

5 Best 5G Stocks to Buy As the Trend Heats Up

The 5G upgrade is being driven by big U.S. telecom firms that are getting ready to test 5G sometime in the middle of this year. So as the upgrade cycle unfolds, investors will want to buy network suppliers offering 5G equipment. Before hopping on the 5G investment play, be wary on one outlier: Huawei.

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  Seizing on Huawei's troubles, Samsung bets big on network gear

  Reuters
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  Korea Telecom Connects With Oracle for New 5G Business Services

  PR Newswire

Top technician says we may be nearing market top, but these stocks are going higher

Todd Gordon, TradingAnalysis.com, on key levels for the market. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Dan Nathan and Guy Adami.

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  Time to go shopping in retail? Big box breaks out

  CNBC Videos
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  Dow soars more than 400 points on trade optimism

  CNBC Videos

Amazon places big bet on aspiring Tesla rival Rivian

DETROIT/SAN FRANCISCO (Reuters) - Amazon.com Inc said on Friday it would lead a $700 million investment in U.S. electric pickup truck startup Rivian Automotive LLC, in the e-commerce giant's biggest bet on technologies with potential to reshape the automotive sector. The deal represents a major endorsement of Rivian's electric vehicle technology by the world's largest online retailer. Amazon is hoping Rivian will assist it in its development of delivery vehicles that will bolster its logistics network, according to a person familiar with the matter who asked not to be identified discussing the confidential strategy.

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  Morgan Stanley: An electric pickup from Tesla or Rivian is a 'serious problem' for Detroit

  CNBC
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  Amazon invests in electric vehicle startup Rivian

  AFP

Charlie Munger targets active managers, Elon Musk; praises China

Charlie Munger, the longtime business partner of Warren Buffett at Berkshire Hathaway Inc, on Thursday criticized active fund managers, bankers and even Elon Musk as he urged investors to court simplicity and temper expectations for future returns. Munger, 95, often provoked laughter as he fielded questions at the annual meeting of Daily Journal Corp, the Los Angeles newspaper publishing company he chairs, though he is better known for his four decades as a Berkshire vice chairman. Berkshire now owns more than 90 businesses in the insurance, energy, railroad and other sectors, along with dozens of stocks.

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  Warren Buffett's Berkshire Sells Oracle, Trims Apple and Buys 3 in 4th Quarter

  GuruFocus.com
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  Warren Buffett's Investments: Did He Play It Safe in Q4?

  Market Realist

I'm 33, Make $135k & Finally Paid Off My Student Loans

In our series My 6-Figure Paycheck , women making more than $100,000 open up about how they got there and what exactly they do. We take a closer look at what it feels like to be a woman making six-figures — when only 5% of American women make that much, according to the U.S. Census — w ith the hope it will give women insight into how to better navigate their own career and salary trajectories. Today, we chat with a senior marketing manager in fashion from San Francisco, CA.

These New Exemptions Can Get You Your Biggest Refund This Tax Season

Whether you're planning to do your taxes online or work with an accountant, it helps to know which deductions and exemptions you are entitled to, so you have a rough idea of how big of a refund you might get — or how much you could owe to Uncle Sam. So we spoke to Brittany Turner, CPA, the founder of Countless, a New York City–based accounting firm for creatives. Brittany compiled a list of ten tax credits and deductions to be aware of while heading into tax season this year.

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  Americans Plan to Use Their Tax Refunds Responsibly This Year -- That Is, if They Get One

  Motley Fool
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  Tax Refund Data Puts Mnuchin in Hot Seat to Explain GOP Law

  Bloomberg

5 Penny Stocks to Buy If You Can Risk It

Should you buy ENSV stock? In the past year, Enservco's stock is down 45%. But with 122.20% earnings growth in store over the next year and a steady 20% growth rate over the next five years, 50% upside in the stock isn't that much of a long shot.

IRS refund frenzy: Democrats blast Trump Treasury for 'goosing' paychecks

While some Americans are frustrated with the size of their refunds this tax season, a number of Democratic lawmakers are using the opportunity to criticize the Trump administration's tax law. A group of about 40 Democratic senators sent a letter to the administration on Friday, calling for the Internal Revenue Service (IRS) to waive penalties on taxpayers that had their payments underwithheld this year as a result of the tax reform law and the adjusted withholding tables. “It looks like the Trump Treasury Department spent 2018, an election year, goosing people's paychecks by under-withholding, and it should have been obvious that the bill would come due eventually,” Senate Finance Committee Ranking Member Ron Wyden, D-Ore., said in a statement.

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  Tax Refund Data Puts Mnuchin in Hot Seat to Explain GOP Law

  Bloomberg
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  These New Exemptions Can Get You Your Biggest Refund This Tax Season

  Refinery29