|Day's Range||2,659.14 - 2,679.63|
|52 Week Range||2,233.62 - 2,679.63|
"Star Wars: The Last Jedi" had a huge opening weekend for Disney, which is in a buy range. AT&T and Verizon also are in buy zones. Netflix and Comcast are near entries.
The S&P 500 rose last week by 0.9 percent to a new all-time high, and has now risen by a whopping 29 percent since November 2016 without a correction. When a market comes this far, this fast, my number one concern for my clients, and myself, is to keep the gains accumulated during that period.
Asia-Pacific stocks kicked off the penultimate week of the year on a positive note after a Republican agreement on the shape of U.S. tax cuts aimed at boosting growth in the world’s largest economy.
Tax reforms, a Goldilock economy, and strong fundamentals combined will again fuel double digit gains in the S&P 500, propelling the large cap index to 3000 by the end of 2018, according to J.P. Morgan....
Even as pundits play down the possibility of government coming to a screeching halt, the threat may keep some jittery investors sidelined.
These companies have already announced big dividend increases not only for 2018 and expect that trend to continue in those that follow.
The stock market dominates the headlines, but there are other asset classes setting new records. They may provide a clue for what to expect in 2018.
Stocks could continue to post strong gains as we move closer to the tax bill becoming law. The markets could face some headwinds due to the investigation of Russia’s connection with the Trump campaign during the 2016 election.
Some strategists are floating the classic market adage around the pending tax legislation: "Buy the rumor, sell the news."
CSX CEO Hunter Harrison died Saturday from complications from an undisclosed illness. The rail operator's stock plunged Friday on word that he was taking a medical leave of absence.
Political events in 2018 reveal a historical trend that could stall the market rally, says one strategist.
The powerful stock market gains have pushed the S&P 500 to a 1.48% gain for the month of December. Surprisingly that is close to the average December return for the S&P 500 of 1.54% since 1950. But during this bull market what has a strong December meant for stock prices in January?
U.S. stocks have been trading near record levels all year, but that hasn’t stopped companies from buying back more of their own stock.
The Walt Disney Co. on Thursday said it would buy selected assets of 21st Century Fox, in the latest multibillion-dollar deal of 2017. Also on Thursday, details began to emerge over the Republican tax ...
Businesses are getting a profit windfall from the Republican tax bill, but after this year’s stock market rally, the gains won’t make their shares look cheap.
The Dow Jones Industrial Average climbed to a fresh high Friday as investors bet that a tax-overhaul plan before Congress will pass, likely boosting profits for many U.S. companies.
The S&P 500 broke down during the week, breaking above the top of the hammer from the previous week, which of course is a sign that we are ready to continue to see a bullish market. I think at this point, 2700 is an obvious target.
The S&P 500 had a very bullish session on Marco Rubio suggested that he would support the tax plan coming out of the Republican Congress, making it much more likely that we will see tax reform in America finally.
Thank goodness for tax reform. While Americans are divided about the impact of tax reform, as they are about most things these days, other countries aren’t so conflicted. Most notably, China worries about the effect of the U.S. slashing its corporate tax rate from a statutory 35% currently to 21%, which reportedly was agreed to by House-Senate conferees.
Congressional Republicans on Friday unveiled the final version of their dramatic U.S. tax overhaul - debt-financed cuts for businesses, the wealthy and some middle-class Americans - and picked up crucial support from two wavering senators ahead of planned votes by lawmakers early next week. Prospects for approval soared after Republican senators Marco Rubio and Bob Corker pledged support. Three Republican senators, enough to defeat the measure in a Senate that Trump's party controls with a slim 52-48 majority, remained uncommitted: Susan Collins, Jeff Flake and Mike Lee.