Tesla just reported that its unit deliveries for Q2 have met their expectations, and they met anyone’s expectations lately. The market applauded and its stock rose 4.6% Wednesday. For those who are rooting for Tesla, they are often more than willing to close their eyes a little bit, or perhaps even a lot, when it […]
Tuesday’s market moves weren’t exactly dramatic, and stock markets spent the first part of the day in the negative. China being more accommodating did brighten the mood at least. Tuesday didn’t start out as a stellar day for U.S. stock markets, as the first half of the day was anything but memorable if you rooting […]
Botox is a popular treatment that uses a toxin to temporarily reduce wrinkles. AbbVie has decided to spend $63 billion on Botox to try to conceal their own wrinkles. AbbVie isn’t exactly a household name like the biggest pharmaceutical companies are, but the $32 billion that they made in revenue last year should tell you […]
The first half of 2019 has brought anything but calm and clear waters, but both stocks and bonds have navigated all the big waves that have come pretty nicely so far. We started 2019 with a bit of a hangover from the previous quarter, the way some people wake up on New Year’s Day, but […]
While Fed Chairman Jerome Powell did appear to make his intentions pretty clear last week, the street somehow interpreted this to mean a rate cut will be coming very soon. For those who witnessed the statements by the Federal Reserve last week after the latest session of the meeting of their Open Market Committee, the […]
As unrealistic as Medicare for All is, health care stocks, especially insurers, got hammered by the very idea. Humana gave back almost 20% from this. Is it on the way back now? Humana was a delightful stock from the fall of 2016 until the fall of 2018, where it more than doubled in value over […]
Initial public offerings, or IPOs, usually generate a fair bit of excitement one way or the other, and are known to be quite volatile. The excitement isn’t always there though. Slack is a maker of business software, with their particular focus being on offering enterprises a better way of communicating than using traditional e-mail. E-mail […]
You never really know how the stock market will react to a given news item. The Federal Reserve once again declined to lower rates, but this time it was well accepted. There has been a lot of concerns about the economy among investors and commentators, and is often the case with such things, these concerns […]
Beyond Meat announced a new product after the close on Monday, which got traders excited enough to push its stock price up by 18% overnight. This gain is all gone now. Beyond Meat’s IPO has been a phenomenal success so far. While we often see its opening price at $25, that’s just what the big […]
After a disappointing month of May which saw markets decline by 6%, putting a real dent into the 2019 rally, things turned around in June. The Fed likely will crash the party this week. We can’t ever know for sure how much expectations of a Fed rate cut have been priced into the market so […]