Month: October 2018

U.S. equities remained volatile on Tuesday, with the Nasdaq Composite struggling to stay in positive territory, as investors remained shell shocked and nervous amid various cross currents. From higher interest rates, to worries about the sustainability of 20%+ earnings growth and, of course, the specter of ongoing policy tightening from the Federal Reserve. Amid all
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U.S. equities are surging higher thanks to a sharp rebound in large-cap tech stocks. Much of this comeback in the tech space can be placed on the post-earnings move in Facebook (NASDAQ:FB). But on a technical basis, a rebound was overdue for other tech stocks, with indicators such as the S&P 500’s Bullish Percent Index
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Dividend growth stocks have obvious appeal. After all, dividend investing is based on buying and holding a stock for the payouts. So if a company can consistently increase its distributions to investors over time, all the better. Unlike traditional growth investing, where you depend on a stock increasing in value based on profits or sales trends,
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Check out the companies making headlines after the bell: Facebook shares initially fell, then turned positive and rose 2 percent in the extended session after the social media giant released a mixed third-quarter earnings report. The company reported earnings of $1.76 per share, higher than the Street’s $1.47 per share estimate. Facebook missed expectations on
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CNBC’s Jim Cramer said Tuesday it almost seems like Jerome Powell is being aggressive on his path to raise interest rates because the Federal Reserve chair wants throw a wrench in President Donald Trump‘s agenda. “Maybe he wants Trump to lose,” Cramer argued on “Squawk on the Street,” questioning Powell’s motives. The Fed declined to
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Fitbit (NYSE:FIT) reports earnings after the bell tomorrow. The provider of health and fitness monitoring devices has seen its stock hammered amid competition from smartwatches made by Apple (NASDAQ:AAPL) and Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG). Now, as the company reports its third-quarter earnings, investors will probably focus on signs that Fitbit stock can maintain its competitive moat.
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U.S. stock futures are trading slightly higher as the market tries to find its footing after Monday’s volatile trading session. The growing market correction reached a new low yesterday as the early morning strength once again gave way to weakness. One news item of note this morning is General Electric’s (NYSE:GE) announcement during its earnings
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