U.S. equities continued their post-election surge on Monday, pushing the Dow Jones Industrial Average and the other three major stock market averages to new record highs as a group for the first time since 1999.
Investors continue to view the incoming Trump administration and its plans for big tax cuts and spending as a huge tailwind for the economy. We’re also in a period of seasonal....More>>>
Stocks fought off weakness to end marginally higher on Tuesday as energy shares rebounded in concert with oil prices. But market sentiment remained cautious ahead of a meeting later this week between President Donald Trump and his Chinese counterpart Xi Jinping.
Investors also are awaiting Fridays jobs report.
The S&P 500 index
The Dow Jones Industrial Average (DIA) crossing 25,000 for the first time on Thursday reinforced the major issue value investors have had for virtually all of 2017 and look set to continue grappling with: the lack of attractively priced investments in the market. One of the better ways to solve this problem has been to look at which stocks have received little coverage on Seeking Alpha, as they....More>>>
U.S. equities once again danced around the unchanged line on Wednesday. The lack of volatility remained as headlines were filled with the fallout from President Donald Trump’s decision on Tuesday to fire FBI Director James Comey.
The political chaos that has resulted (with many calling it a constitutional crisis, despite the move being well within Trump’s executive powers) has....More>>>
Chesapeake Energy Corp. (NYSE:CHK) is one of the few highly leveraged energy companies that did not file for bankruptcy during the 2015-2016 energy price crisis, but it still faces significant headwinds and need to deleverage by selling assets. Some investors have asserted that the company should sell its Powder River Basin assets in Wyoming to pay down debt without making a thorough case for a....More>>>