I’m baaaack…Yep – back in the saddle after roughing it in the desert for a week. I fended off mountain lion attacks…lost a few bucks betting on March Madness during a detour to Vegas…and meditated on the markets while staring up at the stars.Stocks stabilized in my absence after wandering lower during that pesky early-March pullback. The major averages aren’t […]
If you want to book consistent gains trading stocks, you have to know where the money is flowing.Right now, if your cash is tied up in consumer staples and industrial names, you’re doing it all wrong. These aren’t the stocks that are outperforming the S&P 500. You’d be better off buying an index fund and spending the rest of your […]
Benchmarks started the second half of 2014 on a positive note after economic data showed manufacturing activity picked up in U.S and Asia. Gains in health-care, technology and consumer discretionary sectors also propelled the S&P 500 and the Dow to close at record highs. Bio-tech stocks primarily boosted the Nasdaq. Upbeat U.S. auto sales in June also boosted investor sentiment.For […]
Benchmarks snapped a three-day losing streak and ended higher on Tuesday after bargain-hunting investors bought momentum and technology stocks. Utilities stocks also jumped after investors favored less-volatile stocks.For a look at the issues currently facing the markets, make sure to read today’s Ahead of Wall Street articleThe Dow Jones Industrial Average (DJI) gained 0.1% to close Tuesday’s trading session at […]
Benchmarks ended in the red zone, dragged down by declines in momentum and bio-tech stocks. The day’s initial gains, largely a result of encouraging monthly jobs data, were eroded by the end of the trading session. The S&P 500 and Dow ended in the negative territory after reaching intraday all-time highs. Also, selling pressure in technology stocks dragged the Nasdaq […]
