Are you ready for the holidays?
Let's make this short and sweet so you can start prepping for the holidays. And by prepping, I mean eating, obviously.
It's a Bear of a Market
Jim Cramer took a look at the markets.
He's not feeling so bullish currently.
Cramer focused on the trade war in his Real Money column on Monday morning.
"It gets worse. President Trump intimates that there are lists and asks going on behind the scenes that make something magical a possibility. Vice President Pence is trying to contain the Chinese the same way we contained the Soviet Union," Cramer wrote in his column. "And we are winning. How do investors know? Because Pence told us in his APEC speech: 'China's largest stock exchange fell by 25% in the first nine months of this year, in large part because of our administration has been standing strong against Beijing's trade practices.' Yep, Trump has started a Communist Bear Market and now it is time to finish it."
Got a question about the market? Reach out to @KatherineRooss on Twitter or email her at Katherine.Ross@TheStreet.com for a chance to have Cramer answer your question.
TheStreet's Tony Owusu took a look at the battered chip stock.
The stock is now down about 20% year to date and 49% below its 52-week intraday high of $292.76 reached on Oct. 2.
Nvidia dropped 9.6% to $148.57 shortly after 2 p.m. ET Monday, and shares hit a new 52-week low of $148.02 earlier in the session. NVDA also lost almost 19% on Friday after the company reported revenue of $3.18 billion, falling short of Wall Street's $3.24 billion expectations. Earnings of $1.84 per share also fell well short of analysts' $1.93 expectations, while NVDA said it expects to generate $2.7 billion in the current quarter, missing expectations of $3.4 billion.
On Friday, Nvidia faced a slew of analyst downgrades, including Goldman Sachs, which cut the company's price target to $200 a share and removed the company from its conviction list. Analysts at Needham & Co. also lowered their price target to $225 from a previous $350, while BMO Capital reduced its price target to $175 from $225.
Ready to Retire?
TheStreet contributor Brian O'Connell brings you the top states to retire on a fixed income.
There's an interesting geographical trend developing in the U.S. retirement market, as the gap widens between the best states to retire on a fixed income and the worst states to do the same.
We'll get to those "best states" in a moment, but the reasons why the retirement-by-state gap exists in the first place are important ones, like the cost of living, the tax impact, and the prospects of owning a home or renting one.
Which U.S. states rule the roost when it comes to the best places to retire on a fixed income?
The fact is, those key issues listed above frame the narrative, and explain why states like Alabama are a great place to retire, income-wise, and why high-tax, high-cost of living states like California and New York are at the bottom of the list.
These states represent the best deal, financially, when you're planning to retire.
Wondering what those states are? I guess you'll just have to find out for yourself.
Alright y'all, that's a wrap. Happy almost-holidays.