Recent Articles
Dow Jones Today: Death by 280 Characters
Thursday serves as a reminder that with a simple visit to Twitter, President Trump can move markets. It is also a reminder that until real progress is made on the trade front, investors may want to focus on sectors that generate big chunks of their revenue on a domestic basis. Those just happen to be some groups that also benefit from lower interest rates – real estate, telecom and utilities.
Dow Jones Today: Fed Obliges, But Stocks Don’t Respond
Adding to the Wednesday woes was that stocks tumbled followed a decent jobs data point. Earlier today, the ADP private payroll survey for July showed the addition of 156,000 private sector jobs this month, topping the estimate of 150,00. The July jobs report from the Labor Department is due out Friday before markets open.
Dow Jones Today: Trump Trade Tweets at It Again
Yesterday, I warned that with the trade negotiations starting today, stocks could be beholden to Trump's comments. That was the case Tuesday as the Nasdaq Composite slipped 0.24% while the S&P 500 closed lower by 0.26%. The Dow Jones Industrial Average lost 0.09%.
7 Scorching Software ETFs
Software is going gangbusters right now, and these software ETFs can help you get access to the growth without needing to pick the exact winners.
It Doesn’t Look like There’s Much That Can Stop Alibaba Stock
Various research firms indicate Amazon's recently completed two-day Prime Day affair generated $6 billion. Sounds nice, but that number is paltry is compared to the revenue generated by China's Singles Day in 2018. With Alibaba leading the way, Singles Day, a 24-hour event, posted 2018 revenue of $30 billion.
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