Ray Dalio, founder of Bridgewater Associates, joins Yahoo Finance editor-in-chief Andy Serwer to discuss his new book.Read More »
The Dow Jones Industrial Average posted a fresh record and safe haven assets fell after the Federal Reserve kept the door open for a December interest-rate hike on Wednesday. The stock market’s reaction to the Fed’s latest decision was relatively muted, with the central bank’s comments coming largely in line with expectations.
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
It's that time again! Jim Cramer rang the lightning round bell, which means he gave his take on callers' favorite stocks at rapid speed: Altria Group Inc.: "You want to own this for the dividend and the fact that it just has really good gross margins. But I'm not going to endorse it for a pot [legalization] story. It just doesn't make sense to me. I like the company longer term. I don't recommend any tobacco stocks, but I do like it." STMicroelectronics: "STMicro is a very good company and I like the semiconductors a lot. Nothing wrong with taking profit on a little, though, and letting the rest run." Intercept Pharmaceuticals: "OK, very speculative stock. Speculative biotech. That's gotten some