|Day Low/High||172.37 / 176.26|
|52 Wk Low/High||172.37 / 275.31|
U.S. stock futures are modestly higher on Monday as investors remain cautious over the health of the world economy and look to the Federal Reserve's decision on interest rates Wednesday; officials in Malaysia file criminal charges against Goldman Sachs related to the 1MDB scandal; Nissan's board is meeting Monday to pick a chairman to replace Carlos Ghosn, who was arrested on charges of financial misconduct.
Goldman Sachs shares are set to open at a fresh two-year low Monday after officials in Malaysia filed criminal charges against the bank and two of its former employees as part of an investigation into a multi billion dollar corruption scandal linked to a sovereign wealth fund.
Former Attorney General of Louisiana, Charles C. Foti, Jr.
Here are my predictions for the S&P 500, bank stocks, the Federal Reserve's move on interest rates and much more in the coming year.
GS is down 31% for 2018 and hit it's 52 week low on Friday. Ugleeee.
Conflicting data about the economy should give the Federal Reserve pause.
But there is no catalyst right now, and there are so many other sectors with better prospects.
The most recent short interest data has been released for the 11/30/2018 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the Dow Jones Industrial Average by "days to cover." There are a number of ways to look at short data, for example the total number of shares short; but one metric that we find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed.
U.S. bank stocks that were supposed to benefit from rising interest rates and fatter lending profits are getting hammered by investor fears of a recession, feeble trading profits and stiff competition for deposits.
There are some good indicators and some bad ones, and that leaves us mixed.
If trade doesn't improve, and if the yield curve keeps flashing yellow or red, there's still one point of optimism; the selling has to stop at some point. Here are some potential bargains.
Jim discusses his approach to this market, CVS Health, Apple, WestRock, Johnson & Johnson, and much more!
Wake up and smell what the Fed is cooking and lower the amount of your portfolio allocated to stocks.
Bank stocks have been crushed this year, and the outlook isn't rosy. But one bank seems it is defying the rest of the sector.
Jim discusses Johnson & Johnson, the financials, Schlumberger, why Raytheon is interesting on growing global tensions, our Cisco buy, and much more!
ARCE has been trading between $20.50 and $24.50 since its IPO.
No part of the banking sector has proven a good investment this year. The yield curve is hammering the sector. But see which area of banking just might have the advantage and why.
With stock markets in the U.S. closed Wednesday, attention turns to global shares, which fall for a straight second session following Wall Street's sharp selloff; the NYSE and the Nasdaq are closed to honor former President George H.W. Bush; lawyers for CBS say the network can deny Les Moonves his $120 million severance, according to a report.
Investing right now is like running through a minefield with absolutely zero training and traps everywhere.
Big tech could be better long-term. Pick wisely in retail. Hug consumer staples stalwarts. Be careful with banks.
Concerns about future economic growth were worsened by a signal in the bond market that has foreshadowed recessions in the past.
Jim discusses our energy names, our FAANG stocks, Goldman Sachs, Textron, WestRock, Kohl's, Palo Alto Networks, and more!
NEW ORLEANS, Nov. 30, 2018 /PRNewswire/ -- Former Attorney General of Louisiana, Charles C.
The market responded favorably after Fed Chair Jerome Powell portrayed a more dovish stance on interest rates.
If you are not really in it for the long haul but still want to invest, you're going to want to pick a good short-term investment. So, what are the best short-term investments in 2018?
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