By Tony Sagami On August 28, 202005:22 PM Eastern
If you’re skeptical about the staying power of the stock market rally, you have lots of company. And by company, I’m specifically talking about the people running the largest companies in the...
By Jon D. Markman On August 28, 202003:00 PM Eastern
Stocks headed toward new record highs Friday, buoyed by an unexpected rise in monthly personal income and indications interest rates will remain near zero for the foreseeable future.
Gains...
Good news: You scored another income “two-fer” last week!
First, your August Pfizer Inc. (NYSE: PFE, Rated “C”) put spread expired without value. That would’ve locked down $989 in income for...
By Kelly Green On August 27, 202005:51 PM Eastern
Did you see that Exxon Mobil Corp. (NYSE: XOM, Rated “D+”) got kicked out of the Dow Jones Industrial Average?
That’s important news considering it’s been a part of the benchmark for 92 years....
By Jon D. Markman On August 27, 202002:03 PM Eastern
Stocks chopped around the unchanged line Thursday with a positive bias on renewed prospects that borrowing rates will be held lower for longer by the Federal Reserve.
Through 1:30 p.m. Eastern,...
By Jon D. Markman On August 27, 202002:02 PM Eastern
Salesforce.com, Inc. (NYSE: CRM) reported blowout earnings Tuesday night and revised guidance higher for the rest of the year.
Salesforce.com operates a customer relationship management platform...
By Sean Brodrick On August 27, 202001:40 PM Eastern
I have a full portfolio review for you today. But first, we need to make some of trades.
The stock of OPKO Health, Inc. (Nasdaq: OPK) has plunged in recent days on news that 77 coronavirus tests...
By Jon D. Markman On August 27, 202006:28 AM Eastern
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Note: Like last week, I might take Friday off. Because summer.
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Stocks bustled and hustled higher again Wednesday, bolstered by a better-than-expected report for durable goods...
By Mike Larson On August 26, 202005:05 PM Eastern
It’s official. The world’s biggest countries now owe more money than they did right after World War II. Debt as a percentage of GDP just hit 128%, versus 124% in 1946.
And that’s just government...
By Jon D. Markman On August 26, 202003:20 PM Eastern
Stocks mostly moved higher Wednesday, with a better-than-expected report on durable goods orders and gains in technology shares helping to guide Wall Street’s broad-market gauge toward a new...