When I write about the F.A.N.G. names I oftentimes get mixed reactions. Many of my readers are of the conservative, income-oriented variety. They’re nearing retirement and have little to no desire to associate themselves with names/acronyms so closely associated with
January 16, 2018
This morning we got the latest Empire State Manufacturing Survey. The diffusion index for General Business Conditions at 17.7 was a decrease of 1.9 from the previous month’s 19.6. Annual benchmark revisions were made. The Investing.com forecast was for a reading of 18.0.
The monthly chart for gold gives gold traders and investors some much-needed cheer as the precious metal now has some solid support at $1257 where the volume point of control currently sits, and from where the metal has progressed on
USD/JPY: The pair closed further lower on Monday opening the door for more weakness. This view remains valid despite its present price hesitation. On the downside, support lies at the 110.00 level where a break if seen will aim at
Citigroup Inc (NYSE: C) released its fourth-quarter earnings report before opening bell this morning. Citigroup Q4 2017 earnings amounted to $1.28 per share on an adjusted basis, while revenue came in at $17.3 billion. Analysts had been expecting earnings of $1.19
Well, as equities continue their insane, unprecedented, history-making melt-up…… Bitcoin, the darling of hucksters and come-on artists for the past few months, isn’t exactly acting like the ATM machine the newcomers were promised: As I’ve mentioned before, wouldn’t
Every New York stock exchange trading day I’m posting a daily dividend stock or fund review. I’ll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I’ve named the
Nomura Instinet analyst Romit Shah upgraded Qualcomm (QCOM) to Buy and raised his price target for the shares to $75 from $58. The chipmaker closed Friday down 5c to $65.38. With Broadcom’s (AVGO) hostile takeover attempt now analogous to
Founded in 1971, Pacific Investment Management Company, LLC or PIMCO is an internationally acclaimed investment management firm. The company provides a wide range of financial services in 11 countries with the help of more than 2,200 employees. PIMCO had around
Brent Crude crashed through $70 a barrel and WTI just shy of $65, shattering another glass ceiling many oil bears said was impossible to ever see. This came as OPEC said it has no intentions to relent on production cuts
