It's difficult to say whether you have been a good stock picker in tech when the whole sector is in such a strong bullish trend. Many tech stocks have been overhyped and posted huge rallies even if they continued to report growing losses and
There seems to have been an overreaction to the downside in L Brands (NYSE:LB), as shares are now down well over 20% from their December highs. It would be interesting to see if the stock's 200-day moving average of about $46 per share will be able to put a stop to this very steep recent decline
WASHINGTON The Trump administration pitched a tax reform outline Wednesday that calls for big corporate rate cuts, a simpler tax code, and big increases in standard deductions a pricey package that could face an uphill climb in Congress.
“We have a once-in-a-generation opportunity to do something really big,” said Gary Cohn, director of President Trump’s National Economic....More>>>
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A bipartisan group of eight governors is calling for changes to the Affordable Care Act that would increase funding under the law, enforce some of its rules on buying insurance, and encourage more health insurers to participate in the ACA public....More>>>
The markets hugged the flat line in the early going today as traders took on a guarded tone ahead of the Federal Reserve meeting, a flood of earnings reports, including those from seven Dow Jones Industrials components, and a packed week of economic reports. Why jump in when there’s uncertainty of what’s ahead?
The markets took a prudent turn Monday with an opening that was....More>>>
First Japan, and now China, is getting markets notably the bond world stirred up.
Bonds are the topic du jour, especially after the Bank of Japan got everyone a bit worked up yesterday by trimming its government bond purchases. Then this morning, Bloomberg reported China is considering
As a presidential candidate, Donald Trump promised to leave the issue of marijuana legalization to the states. Then he chose Jeff Sessions as his attorney general, and it was only a matter of time before that changed. Sessions has long pined for a crackdown on pot. “Good people don’
U.S. stock futures are trading broadly higher this morning, as Wall Street prepares for the start of another earnings season. Big banks will kick earnings into high gear today. J.P. Morgan Chase & Co. (NYSE:JPM) has already stepped into the earnings confessional this morning. Following on it