|Day's Range||2,644.10 - 2,651.65|
|52 Week Range||2,233.62 - 2,665.19|
Micron Technology, Adobe Systems and Red Hat are 3 tech leaders with 95+ Composite Ratings that found support at their 50-day lines with earnings on tap.
Share prices were higher in Asia on Monday, lifted by encouraging employment data from the U.S. that took the Standard & Poor's 500 index to its third straight weekly gain on Friday despite weakness earlier ...
This year’s boom in financial markets has taken things to "late cycle," but the cycle has a little ways to go yet, according to JPMorgan Chase & Co.
This weekend's Barron's features the outlook for 2018 according to a panel of top investment strategists. Barron's also offers its top 10 stock picks for the coming year, including two returning favorites. ...
Broadcom Ltd. shares on Thursday close exactly where they finished on Wednesday, after an initial jump, prompted by a majority of analysts hiking price targets, fizzled out a day after the chipmaker’s ...
Nearly three-quarters of investors say their financial advisor has let them down. The two biggest reasons: Investment track record and trust.
How does a 25% flash crash in the S&P 500 sound? Or bitcoin peaking at $60,000 before sinking to $1,000? Or maybe even the U.S. Treasury sidelining the Fed and enacting a yield cap?
Next week the Federal Reserve is widely expected to deliver the third and final rate increase of 2017 and the stock market does not seem to even blink an eye about it
The U.S. Dollar rose against a basket of major currencies on Friday after government data showed the economy created more jobs than expected in November. While the rally was mostly driven by the headline number, gains were limited by average hourly earnings data that analysts said were disappointing.
The S&P 500 pulled back drastically during the week, but found enough support underneath to turn around and form a hammer by the end of the week as the jobs number was slightly larger than anticipated in America.
As a result, we have leaned toward winners that still have plenty of room to rise in picking Barron’s 10 favorite stocks for 2018. The other six companies are Pioneer Natural Resources (PXD), Applied Materials (AMAT), Enterprise Products Partners (EPD), Ally Financial (ALLY), Anthem (ANTM), and US Foods Holding (USFD). Alphabet offers one of the best combinations of growth and valuation among megacap companies.
“That we are having a major speculative splurge as this is written is obvious to anyone not captured by vacuous optimism,” wrote John Kenneth Galbraith, who was a far better historian and writer than economist. The $255 billion market capitalization of Bitcoin (as of Friday—it surely will be different by the time you read this) tops that of all but the biggest stocks of the Standard & Poor’s 500 index.
Donald Trump’s election as president in 2016 turned a bull with a midlife crisis into a high-powered charger, as investors cheered the Republicans’ pro-growth agenda and bid up anything that might benefit. The S&P 500 could gain about 7%, mirroring similar gains in corporate profits, according to the consensus forecast of 10 investment strategists at major U.S. investment banks and money-management firms surveyed by Barron’s each December. The outlook isn’t entirely rosy: Interest rates are headed higher, stocks are expensive, and a tax overhaul could still stall or fail.
Industry Update—Restaurants by Canaccord Genuity Dec. 7: Our U.S. casual-dining update shows a second consecutive positive month, as we project November same-store sales [SSS] up approximately 0.6%, within our prior estimate range of flat to up 1%. On average in November, restaurant stocks notched a price return of 5.5% compared with the broad market of 2.9%, measured against the Standard & Poor’s 1500 index. -- Lynne Collier, Philip May The Daily Disruptor by DataTrek Dec. 7: One investment theme we hear a lot with regard to large-cap tech stocks is that these companies enjoy a “monopoly” in their core businesses: Alphabet/Google for internet search, Facebook for social media, Amazon.com for online shopping, and Apple for (presumably) making both cool stuff and the software to go with it.
After cratering during the financial crisis a decade ago—dividends for companies in the Standard & Poor’s 500 index dropped 21% in 2008—double-digit increases were the norm from 2011 through 2015, thanks in no small part to low-cost borrowing. After rising by only 5% in 2016, S&P 500 payouts are expected to climb about 8% this year, according to Goldman Sachs. Howard Silverblatt, senior index analyst at S&P Dow Jones Indices, expects S&P 500 companies to grow their payouts in the 6% to 8% range next year.
A stronger-than-expected pickup in U.S. hiring helped lift two major indexes to weekly gains, capping a choppy streak for the stock market.
When just about everybody is using index funds to invest in the stock market, maybe you should think about thinking differently.
The Dow and the S&P 500 finished the week higher, while the Nasdaq just missed after U.S. payrolls surprised to the upside. The S&P 500 rose 0.4% this week after gaining 0.6% to 2651.50 today, an all-time high, while the Dow Jones Industrial Average advanced 97.57 points, or 0.4%, this week after rising 117.68 points, or 0.5%, to 24329.16, also a record. The Nasdaq Composite dipped 0.1% this week advancing 0.4% to 6840.08 today.
Stocks that have been lackluster so far in 2017 are unlikely to see their fortunes reversed in the final month of the year, as investors engage in tax-harvesting practices before the new year. Investors often exercise tax-loss selling strategies, dumping stocks that have performed poorly in order to reduce or eliminate capital gains taxes, as the year draws to a close. "This is something we do every December, we take losses for clients who we’ve created gains for," said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma.