The social media giant Facebook (FB – Free Report) saw the worst day in nearly four years as its shares tumbled 6.8% on Monday trading session and wiped out $36.4 billion from the company’s market value. The steep decline came as the
March 20, 2018
So far this sell-off that has lasted six of the last seven trading sessions has been anemic at best. That stat is of course assuming that SPX finishes lower on the day, which it has been vacillating between positive and
Stocks Fall Sharply On Monday There was a steep decline on Monday, which pushed the S&P 500 towards the lower end of the range it has been in for the past few weeks. The S&P 500 was down 1.42% and the Nasdaq
“Davidson” submits: Chemical Activity Barometer(CAB) is reported at 121.19 which represents a short pause after strong period of rise. The CAB, introduced in 2012, is not well known. It has been calculated to 1919 showing it to be an excellent
Money flowed into passive investment vehicles at an ever-increasing rate in 2017. It was a record year for these products designed to replicate a stock market index and agnostically own a basket of securities without discretion. As investors who build
Summary At below $40/share, L Brands is trading at about current earnings power value. There are real risks, including a permanent impairment of the Victoria’s Secret brand. There are also ample opportunities for earnings growth: continued strength at Bath &
Societe Generale analyst Andrew Holland upgraded Constellation Brand (STZ) to Buy from Hold and raised his price target for the shares to $265 from $234. The stock in afternoon trading is up $1.59 to $227.94. Constellation is growing faster than
The last few days have seen CDS rise across the middle-east, as Saudi Arabia’s domestic crises which prompted the reform drive will continue to stifle Riyadh’s progress in the Vision 2030 project launched by Crown Prince Mohamed Bin Salman, according to the
iStock.com/Devonyu Does the Middle Class Still Exist? Many Americans, who describe themselves as Democrats or the Left, continue to chase Russian ghosts. It must hurt less to project the cause of trouble on an external enemy than it does to
Last week I visited one of the popular investing message boards, where investors were debating the latest news from electric vehicle (EV) maker Tesla Inc (Nasdaq: TSLA). Feelings about Tesla are as polarized as today’s political viewpoints. Both bears and bulls are
