2018 did bring a lot of controversy to Facebook, with many people being concerned the company may be going the wrong way financially. No one is wondering this today. An old investing adage tells us to buy on the rumors and sell on the news. This advice isn’t all that great, although it is still […]
Apple’s after-market earnings call did not paint a very rosy picture, and more disappointment is expected. How could its stock rise by 5% in after-market trading then? Apple’s shrinking revenues are no secret, both among analysts and even among many individual investors, who generally do not watch such things very closely. They may be aware […]
While we may think that paper returns are a thing of the past, millions still rely on this. Paper filers are 20 times more likely to make mistakes on their return though. With another tax filing season upon us, it is also time to reflect upon the potential pitfalls out there when preparing your return, […]
While many investors are concerned that the current bull market may be over soon, Morgan Stanley’s Mike Wilson tells us that he has seen enough to get out now. Morgan Stanley’s chief equity strategist Mike Wilson likens the current ride that stock markets have been in over the past while to a rodeo, and he […]
When Caterpillar misses its earnings projections by as much as they did today, hearing $2.55 per share and expecting $2.98 per share, investors are going to be concerned. Disappointing earnings announcements from Dow component Caterpillar helped drive the DJIA lower on Monday, although markets did recover a fair bit before the end of trading. Caterpillar […]
With the March 29 deadline looming, and he U.K. and the European Union far from reaching an agreement, the unthinkable no-deal might actually happen. The United Kingdom is scheduled to leave the European Union on March 29, 2019, which is now only 60 days out. While this has been seen by many as a step […]
With the next Federal Reserve Open Market Committee meeting set to begin on Tuesday, investors anxiously wait, not for a hike or not, but for more information. Few people expect that the Fed will raise interest rates during the upcoming two-day Open Market Committee meeting scheduled to begin this Tuesday, but this one isn’t really […]
The longest U.S. government shutdown in history is finally over, for now anyway. Stock markets weren’t particularly bothered by this either way though as it turned out. Donald Trump no doubt has distinguished himself among U.S. presidents for several things, but the one thing that really stands out is his resolve, or as some people […]
Alexandra Ocasio-Cortez sees herself as a real champion of the people. Raising tax rates is a double-edged sword though, and we need to be wary of the side of it facing us. Newly minted Rep. Alexandria Ocasio-Cortez has come to Congress with a mission. Sure, a lot of representatives do, but Ocasio-Cortez is particularly passionate […]
The majority of fund managers fail to beat the market, but some consistently do. Bill Miller is among them, and he shares with us his top 4 stock picks for the coming year. It’s not anywhere as easy to beat the market with a fund as people imagine, as stocks tend to move together and […]