Daily Trade

Another day, another item of investing advice lands in my inbox claiming that we American investors shouldn’t waste one nickel of our IRAs and 401(Ks) on those inferior foreign (yuck!) stocks.  Stock markets in places like Western Europe, Japan and Australasia will get you all the risks of Wall Street with less of the upside,

An eventful week that included Nvidia earnings and Jerome Powell’s Jackson Hole address ended with a solid if not spectacular 0.8% gain for the S&P 500 SPX, which at least brought a streak of three successive weekly declines to an end. It’s worth revisiting Nvidia NVDA. According to FactSet, Nvidia’s earnings beat Wall Street estimates

The U.S. stock market snapped a streak of three straight weekly losses in a volatile week that featured Nvidia earnings and an eagerly awaited speech by Federal Reserve chief Jerome Powell at the annual Jackson Hole symposium in Wyoming. But the week ahead offers another trial for investors as they await the Fed’s preferred measure

Oil futures were trading near unchanged early Monday as investors assessed China’s latest efforts to bolster its lagging economy, while also monitoring the potential threat posed by Tropical Storm Idalia to Gulf Coast crude and gas output. Price action West Texas Intermediate crude for October delivery CL00, +0.03% CL.1, +0.03% CLV23, +0.03% was off 2

Gold prices traded higher on Monday after the most-active contract booked its first weekly advance in four weeks through Friday. The U.S. dollar and Treasury yields were little-changed, easing some of the pressure that has recently faced the yellow metal. Price action Gold futures for December delivery  GC00, +0.11% GCZ23, +0.11% gained $2.40, or 0.1%,

U.S. stock futures edged higher on Monday, as investors looked ahead to a week that will deliver important inflation and employment data, following a cautious view from Federal Reserve Chairman Jerome Powell last week. What’s happening Dow Jones Industrial Average futures YM00 rose 102 points, or 0.3%, to 34,479. S&P 500 futures ES00, +0.29% were

The narrative around the strength of the consumer economy is, simply put, nonsense. The reality painted by retail stocks, particularly the SPDR S&P Retail ETF (NYSEARCA:XRT), is quite different. Does this look like a chart that is in a “new bull market?” Man – that new bull market in retailers is really something. $XRT pic.twitter.com/c9baCY2Prc

For the real-estate sector, 2023 is turning out to be the summer when it all came to a halt. Mortgage rates have stayed around the 7% range over the last few days, making it more expensive to buy a home for many aspiring homeowners. Even if buyers come to terms with high rates, home listings

Li Auto (NASDAQ:LI) stock saw profit taking after reporting record earnings for the June quarter. Li earned $300 million, 30 cents per ADR share fully diluted, on revenue of $3.95 billion during the quarter. Deliveries more than tripled from a year ago, to 86,533 vehicles. Despite this, shares hit an air pocket, falling from $46.63

U.S. stock futures rose Wednesday as bond yields fell and traders eyed publication later in the day of the Federal Reserve’s minutes from its July rate-setting meeting. How are stock-index futures trading S&P 500 futures ES00, +0.19% rose 11 points, or 0.3%, to 4465 Dow Jones Industrial Average futures YM00, +0.19% gained 81 points, or

Meta Platforms (NASDAQ:META) stock has surged 150% in 2023. But most of the gain isn’t based on reality. Instead, Meta has gone from being one of the most-hated stocks on Wall Street to one of the most loved, thanks to artificial intelligence. At the start of 2023, Meta stock was bouncing around the 120s. It

Investors were jolted by a stronger-than-expected retail sales report on Tuesday, which underscores the dual-edged sword now facing markets. July’s 0.7% surge in retail sales is helping to bolster the view that a resilient U.S. economy can avoid a recession, despite more than a year of rate hikes by the Federal Reserve. However, the data

Certain stocks have surged this year, with hyper-growth tech companies seeing some of the biggest gains. The three companies listed below have highlighted what momentum can mean for sustained moves higher, even though these stocks are all down at least 10% from their all-time highs, at the time of writing.  Many investors question whether this

China has decided to halt the release of youth unemployment figures, a month after data showed they reached a record high. “The economy and society are constantly developing and changing. Statistical work needs continuous improvement”, Fu Linghui, a National Bureau of Statistics spokesman, told a news conference in Beijing, according to the BBC. The unemployment

Treasury yields finished higher on Monday, sending the policy-sensitive 2-year rate to a one-month high, as traders reassessed the prospects for U.S. inflation in coming months. What happened The yield on the 2-year Treasury BX:TMUBMUSD02Y rose 7 basis points to 4.963% from 4.893% on Friday. Monday’s level is the highest since July 6, based on

On this day in 1935, President Franklin D. Roosevelt signed the nation’s first major social insurance program into law. In the 88 years since then, Social Security has provided bedrock financial security for generations of retirees, people with disabilities, and their families.  In 1940, the year the first Social Security checks were issued, there were

Recent industry and macro factors caused Nvidia (NASDAQ:NVDA) stock to dip, sparking concerns about its 2023 rally. Despite a slight decline, don’t dismiss the ongoing generative AI mega trend driving its powerful performance.  That said, investors should recognize the limits of Nvidia’s growth potential despite the market’s enthusiasm for AI. While NVDA benefits from AI

Are you on mute? That may be the least of your worries. Hundreds of millions of people used video-conferencing services like Zoom and Google Meets during the pandemic, but workplace experts say they may be getting lazy, daydreaming during virtual meetings even while they’re logged in, and jeopardizing their professional relationships and career prospects. In

Last week, meme investors “discovered” Rite Aid (NYSE:RAD), sending its shares up 70%. The Wall Street Journal would quickly give the company a meme stock crown. For most traditional investors, Rite Aid looks like a terrible bet. The struggling drug retailer hasn’t been profitable since 2017, and a deal five years ago to sell 1,932

Dear Quentin, My family is dealing with a significant shock. My brother, my sister and I have just found out that our elderly father secretly married his caregiver five years ago and never told us. We have a thriving family-owned business, and our father’s wealth is in the hundreds of millions of dollars. This caregiver