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Despite Trade Tariffs, The Stock Market Appears To Be Holding Up Quite Well
Friday, July 6, 2018 - 1:34pm | 959Read More...The stock market has been on a roller coaster ride over the last two weeks. We still see a downtrend, but we're going to let the market tell us what it wants to do next and we'll tell you what we're watching. The S&P 500 ETF SPY (NYSE: SPY) closed Thursday just below June 25th's...
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Consumer Staples ETFs Riding High On Trade War Fears
Friday, July 6, 2018 - 12:55pm | 921Read More...Global trade war fears have started to make investors' jittery, leading to a rotation of sectors away from industrials and financials into consumer staples and energy. In fact, the consumer staples sector garnered immense investors' attention in June, piling up the most capital into the...
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Opinion: Trump Is Winning, Which Is Good For Stocks
Thursday, July 5, 2018 - 6:04pm | 1352Read More...It's the start of the third quarter. The market ended slightly up for the first half. We'll see where it goes, but it's promising considering the rising global trade war that Trump kicked off. Apparently the market has decided trade wars aren't going to be so bad for the U.S. after...
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The Current U.S. Housing Market Is A Homebuyer's Nightmare
Thursday, July 5, 2018 - 5:39pm | 738Read More...The housing market in the United States is red-hot. Strong demand is driving home values up all over the country, and the average number of days a home stays on the market has dropped to 35. All in all, there have been plenty of reasons for homeowners and sellers to cheer — but it has...
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How A Negative Yield Curve Could Impact Your Finances
Thursday, July 5, 2018 - 5:31pm | 1178Read More...Unless you follow investing closely you may never have heard of the “yield curve” and may not realize how much impact it has on your life. The yield curve predicts to some extent your income over the next few years, whether or not you'll be able to borrow money and how your...
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Micron Rebounds After China Bans Chips, But Market Cycles Say More Downside Looms
Thursday, July 5, 2018 - 5:20pm | 356Read More...Micron Technology, Inc. (NASDAQ: MU) traded 2.6 percent higher on Thursday, bouncing back after China imposed an injunction on its chips earlier this week, which pushed shares lower. On Tuesday, Taiwanese chipmaker United Microelectronics Corp (NYSE: UMC) announced that the Fuzhou...
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Facebook Releases Instagram Lite To Capture Emerging Markets
Thursday, July 5, 2018 - 5:17pm | 383Read More...Facebook, Inc. (NASDAQ: FB), in its efforts to tap growth in emerging nations, launched a trimmed version of the company's highly popular photo sharing application, Instagram that requires significantly less data but operates faster. The new app called Instagram Lite for Android users is...
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What To Know About July Equities Seasonality
Thursday, July 5, 2018 - 5:14pm | 316Read More...July is upon us and that means it is time to update our monthly seasonality report. Here we look at the S&P 500 over the last 50 years and decipher some of the fresh data. Here's the highlights. Fresh Data Highlights July is up only 48 percent of the time, tied with September for the...
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U.S. Factory Orders Rebounded In May
Thursday, July 5, 2018 - 4:39pm | 539Read More...On July 3, the Commerce Department reported that the U.S. factory orders for the month of May rebounded and entered the positive territory following a stiff decline in April. The increase in May marked the third rise in the past four months. This indicates that the U.S. manufacturing sector, which...
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Huntington Ingalls Wins $27M Deal For USS Fitzgerald Repair
Thursday, July 5, 2018 - 12:21pm | 451Read More...Huntington Ingalls Industries, Inc. (NYSE: HII) recently secured a modification contract for carrying out emergent repair and restoration of USS Fitzgerald (DDG 62). The contract was awarded by the Naval Sea Systems Command, Washington, DC. The deal, valued at $27.5 million, also entails...
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Volkswagen To Start EV Car Sharing Service In Germany
Thursday, July 5, 2018 - 12:17pm | 200Read More...Per Reuters, Volkswagen AG (OTC: VLKAY) has planned to introduce car-sharing services with all-electric cars in 2019. The company will initially launch the service in Germany, later expanding to other major cities of Europe, Asia and North America by early 2020. This introduction of mobility...
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Avory & Co.'s Quarterly Letter: Do Not Compare The Rise In Tech To 1999
Tuesday, July 3, 2018 - 10:41am | 978Read More...Risk or Reality It is now July of 2018. Time is flying. Rhetoric continues to build around numerous global affairs. Questions such as, what will happen with North Korea, will tariffs be a net negative and who will suffer, what should we make of global elections, will artificial intelligence kill...
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Telefonica Secures Spain's Football Screening Rights
Thursday, June 28, 2018 - 4:36pm | 274Read More...Telefonica SA (NYSE: TEF) recently secured the television rights to screen the premier division football matches of Spain for the next three seasons till 2022 for €980 million ($1.15 billion) per season. The package will offer the company direct control over the domestic TV rights for all...
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American Water Works Unit To Invest $45M In Water Treatment Plant
Thursday, June 28, 2018 - 4:24pm | 289Read More...American Water Works Company (NYSE: AWK) announced that its subsidiary, Indiana American Water will invest $45 million to accomplish a major upgrade of the company's water treatment facility on Richmond's northeast side. The new project will involve construction of a new high-quality...
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Chipotle's Stock Surge Is Thanks To Its New CEO
Thursday, June 28, 2018 - 3:49pm | 381Read More...Since Brian Niccol became the CEO of Chipotle Mexican Grill, Inc. (NYSE: CMG) in March, Chipotle's stock price has only gone up. According to CNBC, Chipotle's stock move has been based solely on Niccol's reputation. Prior to Chipotle, Niccol was the CEO at Taco Bell, owned by Yum!...



