Market News
Turbo-Charge Your Returns With These 3 Preferred Closed-End Funds
Forbes - 15 Nov 2023 15:15
I love preferred stocks because they combine several factors of both stocks and bonds to create a powerful combo equity.
Oil Stock Could Head Back Toward Highs
Forbes - 15 Nov 2023 22:25
Oil name EQT Corp (EQT) pulled back after its recent Nov. 3 one-year high of $45.23, though support at the $39 level captured the dip.
Encouraging Economic Data Sends Stocks Sharply Higher
Forbes - 15 Nov 2023 16:00
Stocks and bonds soared higher Tuesday following a weaker than expected Consumer Price Index (CPI) report.
Here's Where Wall Street Says S&P 500 Will Head Next Year (Don't Expect Record Highs)
Forbes - 15 Nov 2023 23:07
The worst pain of the rate hiking cycle may be over, but top strategists still expect stocks to deliver a below-trend return next year.
Retirement Portfolio Investing Strategies To Know
Forbes - 15 Nov 2023 23:03
Ready to get serious about funding your retirement? Here are some of the best strategies for building an investment portfolio.
How To Lose Half Your Money In Government Bonds
Forbes - 15 Nov 2023 21:35
Yes, you can lose half your money in government guaranteed bonds.
U.S. Crude-Oil Inventories Rise by 3.6 Million Barrels
Wall Street Journal - 15 Nov 2023 21:11
U.S. oil inventories increased by 3.6 million barrels in the week ended Nov. 10, above forecasts calling for a rise of 800,000 barrels.
Activist ValueAct Builds Stake in Disney
Wall Street Journal - 15 Nov 2023 20:41
The investor bought shares over the summer, when Disney stock was languishing around $80 a share.
2 "Santa Claus" Dividends To Buy Before 2024
Forbes - 15 Nov 2023 20:00
Look, we've all loved watching our dividend payers rocket to the moon these past few weeks. Best part is, most of the market has been onboard!
Retirement planning: It's better to be roughly right than precisely wrong
livemint.com - 15 Nov 2023 19:29
To avoid running out of money in retirement, one is advised to follow conservatism.
Why many bankers hard-sell guaranteed insurance plans
livemint.com - 15 Nov 2023 19:23
While they earn hefty commissions on these products, investors benefit from the tax sops.
UBS Spared $2B in Penalties
Wall Street Journal - 15 Nov 2023 18:13
UBS Group won't have to pay around $2B after the French Supreme Court partly overturned a previous court decision, but confirmed a ruling that the bank had helped wealthy clients in France evade taxes.
How Consumers Are Spending Is a Reason for Cheer
Wall Street Journal - 15 Nov 2023 18:00
Retail spending data was a lot better than the headline figures suggest.
TJX Companies raises guidance again, says it expects a strong holiday as shoppers hunt for deals
CNBC - 15 Nov 2023 16:46
TJX Companies raised its full year guidance again and said it's expecting a strong holiday as inflation-weary consumers continue to flock to its stores.
Republican FDIC Board Members Call for Broader Oversight of Probe Into Misconduct
Wall Street Journal - 15 Nov 2023 16:22
Two members of the five-person board request the board, not just the chairman, oversee the investigation.
Up 18% This Year, Will Walmart Stock Continue To Grow Past Q3?
Forbes - 15 Nov 2023 16:00
We expect WMT stock to likely trade lower with revenue and earnings missing consensus marginally in fiscal third-quarter results.
Why High Interest Rates Are Actually Helping Homebuilder Stocks Such As Lennar & Pulte
Forbes - 15 Nov 2023 16:00
Mortgage rates in the U.S. have soared to the highest level in more than twenty years, due to the Fed's hawkish stance and the post-pandemic surge in inflation.
It's Too Soon to Bet on China's Housing Turnaround
Wall Street Journal - 15 Nov 2023 15:34
Chinese housing stocks jumped after an unconfirmed report of stronger support for the market--and very poor housing data.
Target shares jump after retailer posts a big earnings beat, even as sales fall again
CNBC - 15 Nov 2023 15:14
Target is still catering to shoppers who are hungry for deals and aren't buying much more than the necessities.
Is CVS Health Stock Undervalued At $70?
Forbes - 15 Nov 2023 15:00
CVS Health (NYSE: CVS) reported its Q3 results earlier this month, with revenues and earnings beating the street estimates, and we believe that CVS stock is undervalue...
Down 40% YTD, Can PEAK Stock Recoup Its Losses?
Forbes - 15 Nov 2023 14:00
Healthpeak Properties saw its stock trading at around $26 at the end of June 2022, just before the Fed started increasing rates, and is trading 40% below that level now.
Inflation Isn't Over. Do You Dare Buy A Long Treasury?
Forbes - 15 Nov 2023 13:30
Two veteran rate watchers offer dramatically different takes on a risky security: the 30-year Treasury.