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Regional and money-center banks are red-hot lately. And Jack Ablin, the chief investment officer at Bank of Montreal, thinks he knows why — and what it means. I have served on many investment...
Video chip juggernaut Ambarella (AMBA) closed above $100 for the first time last week, which is not bad for a stock that started the year at $50, and which I first recommended to New Tech...
Everyone of a certain age remembers AOL (AOL) for the ubiquitous CDs the company sent out to encourage people to go online in the 1990s. And most of the news stories last week focused on the...
About two months ago, when crude oil prices were crashing, the airwaves were filled with trend-followers’ predictions that the price was headed for $20 a barrel. As soon as that became the...
One of Wall Street’s best known adages is the old “sell in May and go away” seasonal trick. The idea is that the six months starting in May — including the normally listless summer months — are ...
The slowdown in retail sales growth has been a big surprise this spring, as lower gasoline pump prices were expected to boost spending. What’s going on? Analysts at TIS Group have a fascinating...
You may have heard that California is experiencing an historic drought — the worst in 200 years by some measures. While this might seem like a problem isolated to lawns and swimming pools in the...
Apple (AAPL) is completing its journey from renegade to matron with the announcement that it will be joining the Dow Jones Industrial Average, on March 19, taking the place of old Ma...
The global macro picture is looking a little rosier despite weak economic data last week. The U.S. economy is not super robust, but the latest data suggest it does continue to expand, as...
Economists and investors are dying to know what consumers are doing with their gasoline savings windfall. Will they save it, invest it, or upgrade their mobile phones? To answer this...