Ray Dalio, founder of Bridgewater Associates, joins Yahoo Finance editor-in-chief Andy Serwer to discuss his new book, "Principles," his assessment of Janet Yellen's performance as Federal Reserve Chair, and the trajectory of current monetary policy.Read More »
Sometimes, stocks fall like dominos, Jim Cramer told his Mad Money viewers Wednesday. One by one, sectors were getting hit today, Cramer explained, as the markets played three games all at once. , where early reviews of the new Apple Watch called attention to connectivity issues with the devices' cellular service.
Apple (AAPL) is falling nearly 2% in heavy volume, breaking below a significant technical level. With the breach of the 50-day line, that also puts Apple below a prior buy point at 156.75. But the key question here: Does Apple's action result in a sell signal? The short answer is that it depends on how the stock closes today, and whether you're a long-term or short-term shareholder. Apple was down 1.9% to 155.67 in afternoon trading in the stock market today, tumbling as low as 153.83 on Apple Watch connectivity concerns. Volume is more than double normal levels. If Apple closes below the 50-day, it could be seen as a sell signal for those that bought the stock at the 156.75 entry. But we need
The Federal Reserve will conclude its two-day policy meeting on Wednesday with a statement from chair Janet Yellen, who could provide some key insight into the bank’s assessment of the economy and consequently, its impending policy plans. Although Yellen’s future with the central bank is uncertain – as her term expires in February and President Donald Trump has yet to make a decision on future leadership ideas – here’s a look at what to watch for in her statement and press conference Wednesday. September’s meeting is key because the Federal Reserve is expected to announce plans to unwind its massive $4 trillion balance sheet – a formal process for tightening monetary policy.