New home sales surged in April to 619k SAAR. That was the highest rate, by far, since January 2008 more than eight years ago. It was also the biggest monthly gain in twenty-four years, which either suggests home sales are
May 24, 2016
Here’s your swing-trading watch-list: Long Amazon (AMZN) Long Medivation (MDVN) Long Aon Corp (AON) Long Cognizant Technology Solutions (CTSH) Short Southwest Airlines (LUV)
At the Las Vegas MoneyShow, I was part of a lunch panel to discuss the topic of “The Best Stocks to Buy NOW Regardless of Who Wins the Election.” The focus was on dividend paying stocks that fit the theme
I have spent a lot of time since returning from speaking at the Money Show out at Las Vegas earlier in the month catching up on my reading. Unfortunately, not much that I have reviewed points to much strength in
This is a good news/bad news story. Say you’re one of the many people who bought junior gold and silver mining stocks a few years ago — and then watched in horror as they fell day after day, week after
Chipotle is still a good company, but overvalued. Analysts are expecting a quick return to normal, but a recent visit indicates that won’t happen quickly. Valued on fundamentals, the stock is a buy assuming the current quarter is a miss.
Update-1 “Growthier” market move sparked by housing data-new home sales jump 16.6% A broad rally today surprised many traders. Technology was a leader up 2% followed by healthcare up 1.49%. US new single family home sales hit an 8 year high a sign
In 2007, UPS dumped its pensioners into the Central States Pension Fund, a fund now destined for bankruptcy. As part of the collective bargaining agreement, UPS agreed to pick up future payments if benefits are cut. That provision may cost
Based upon what’s happened lately with markets growing higher, I thought it would be a good time to cover this as a general update. Video Length – 00:07:43
Explanations for Tuesday’s market rip higher are initially hard to explain. The Philly Fed President Harker stated late Monday he expected two to three interest rate hikes in 2016. The theme had been, if so, this wouldn’t be bullish for markets. Meanwhile
