It was quite the Manic Monday, with not just the S&P 500 suffering its worst single-day performance in nearly two weeks, but retail favorites such as meme stocks GameStop and AMC Entertainment getting battered. Thomas Lee of Fundstrat made three points. No investor wants to go risk-on into the Federal Open Market Committee meeting, equities
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In this article HOG PFE SIVB XOM KO CCL GME Customers view Harley-Davidson Inc. motorcycles at the company’s dealership in South San Francisco, California, U.S., on Tuesday, June 26, 2018. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Harley-Davidson — Shares of the motorcycle maker jumped
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I’ve been trying to convey to investors for a while now that a good company doesn’t necessarily make for a good stock buying opportunity. Network security technology provider CrowdStrike (NASDAQ:CRWD) is a great example of this concept. CRWD stock was a hot commodity in 2020 and the better part of 2021 as retail money flooded
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General Electric Co. (GE), known to investors as GE, is a global industrial company operating in the power, renewable energy, aviation, healthcare, and financial services industries. It serves customers in 170 countries. In recent years the company has gone through a series of major restructurings. That includes a long list of spinoffs such as the
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As much as I’d like to pitch three bullish ideas, Monday’s market meltdown doesn’t allow it. My watch list is a sea of red, and the usual suspects are tumbling. Reopening plays, small caps, once-loved-now-loathed growth stocks — down, all down. I’ve scanned the top losers on the session and found plenty of fodder for
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Tornadoes in December are unusual, but not unheard of. Yet the distance of the destructive path for a single twister during this weekend’s deadly weather broke a century-old record. Are tornados linked to climate change, similar to how devastating heat, wildfires, droughts and floods have intensified with a warming Earth? Should we get used to
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When Cloudflare (NYSE:NET) posted strong growth in the third quarter and issued its fourth-quarter outlook, NET stock struggled to break out above the $205 – $220 level. Source: Sundry Photography / Shutterstock.com The Nasdaq’s slump in November held CloudFlare back. Now that negative market sentiment potentially accelerating, technology stocks at unfavorable valuations will fall. This
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Apple Inc. (AAPL) is among one of the largest tech companies in the world, as measured by market cap, and continues to dominate in the categories that it invented or popularized, such as the smartphone and the tablet. While it seems that Apple is at the top of its game, several weaknesses have emerged that
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Federal Reserve Chair Jerome Powell has finally jettisoned the use of the word “transitory” to describe the rise in inflation. But to the Fed’s critics, it’s still not enough. Mohamed El-Erian, chief economic adviser for Allianz, went on the CBS program “Face the Nation” on Sunday and stuck the proverbial dagger in. “The characterization of
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There are some understandable questions you might encounter as you plan for retirement: Is it sensible to be squirreling away money in an employer-sponsored retirement plan such as a 401(k) while simultaneously making a hefty monthly mortgage payment? Could it be better, in the long run, to use existing retirement savings to pay down the
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From Powell and Dole and Rumsfeld to Aaron and Lasorda and Spinks — a roll call of the most noteworthy deaths of 2021 Other notable departures of the year ranged from Walter Mondale to Rush Limbaugh, Eli Broad to Bernie Madoff, along with such entertainment giants as Cicely Tyson, Olympia Dukakis, Cloris Leachman, Charles Grodin,
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