Only the bloated ‘Financials’ sector earns a lower average IDEAL score than healthcare stocks. Read More
Stock Market Investing
I won’t rehash the Brexit-style surprise Americans unleashed on the world last week. The S&P futures Wednesday plunged 5% to their overnight limit before recovering to slide across the finish line with a 2% gain on the day. Portfolios were juggled frantically as investors swapped out of technology and into… Read More
New technology is notoriously buggy, sometimes spawning new businesses. Read More
The first time I voted in a U.S. presidential election was 1980, as a 21-year-old college senior. The choice then, as now, was between a conservative who earned his fame in the entertainment industry versus a dyed-in-the-wool liberal that previously occupied a governor’s mansion in the South. As we all know,… Read More
Like most Americans, I spent Tuesday night (and well into Wednesday morning) watching the election returns and the market reaction to them around the world. My first thought was that I was watching Brexit II. Australia and Japan got off to a shaky start at 6 P.M. and 7 P.M. Read More
Coach’s recent results indicate luxury retail may have holiday sales in the bag. The high-end purse maker reported earnings for its September quarter last week. The stock rose 2% despite missing estimates by a few pennies. Investors, conditioned to be chronically disappointed by retailers’ earnings, found some silver coins in… Read More
While the UK economy seems to be more resilient than expected after the Brexit vote, you should still approach the country with caution. The better than expected third-quarter growth didn’t come from particularly reliable sources and, without a framework for the exit yet, it could still get ugly.In a bit… Read More
How fast did the U.S. economy grow in the third quarter? We’ll get our first glimpse tomorrow.The initial GDP number for the third quarter will be revised, but it’s significant as the last big economic report before Election Day – and, potentially, as further confirmation of a Fed rate hike.We… Read More
If the presidential campaigning has you stressed out, join the club. A recent Huffington Post poll found that 81% of Americans wish the election was over. The riotous debates, uncivilized language and voter suspicion of both candidates has left many Americans eager for the dawn of Nov. 9.But in a… Read More
Short interest in Twitter (betting that the stock would fall) fell precipitously just before its recent decline. Twitter, the social media/messaging app known by its bluebird silhouette, raced up almost 40% to $25 earlier this month on takeover rumors. When the buyers failed to appear, its wings were clipped and… Read More