Think like Warren Buffett and be greedy when others are fearful. There are still opportunities for investors to profit in a bear market.
Stock market trading was temporarily halted on Monday as coronavirus fears and an oil price war cause historic drops in major market indices.
Keeping with the theme of small gains, in addition to Nike, several of the Dow's other consumer-related names closed slightly higher following yesterday's report that e-commerce sales hit recored highs this holiday season.
For near-term traders, it's worth noting that the last five trading days of the year, a period we're in right now, tend to be favorable for stocks. That said, there are some near-term hurdles, including tomorrow's oil inventories report.
The October jobs report coupled with some decent earnings and news supported the Dow Jones today as we settle into November.
Some familiar names and more good news on the trade front boosted stocks to record highs on the Dow Jones today.
Intel's impressive earnings report and some positive news on the trade front were among the factors driving Dow Jones stocks higher today.
Weakness in 3M plagued the Dow Jones today as the stock was the latest cyclical name to offer up gloomy guidance.
Stocks meandered on the Dow Jones today, but a late session rally made things look a lot better when the closing bell rang.
It was mostly a listless to negative day for U.S. stocks as the technology sector faltered, weighing on the major benchmarks. Another delay in the Brexit vote, seemingly a regular occurrence, and data indicating that sales of previously owned U.S. homes fell 2.2% last month were among the headlines hampering equities today.
Stocks performed admirably to start the week, but gains for the Dow Jones today were again capped by declines in Boeing and IBM.
IBM was a major Dow Jones offender today following a slack earnings report, but UNH continued surging and could offer some more upside.
Stocks were hampered by September retail sales data, but the losses were small and the consumer still looks sturdy.
Third-quarter earnings season got going on Tuesday and the results were mostly encouraging for the Dow Jones today as stocks moved to four-week highs.
Fortunately, coolers heads prevailed on that front with the Treasury Department saying over the weekend that plan is not under serious consideration and that was enough to send stocks higher on the final trading day of the third quarter. That's a relief because officials from the U.S. and China have already been engaged in some of level trade discussions ahead of more substantive meetings slated for October.
Of course, investors are more focused on the prospects of a trade deal with China, something that looks murky falling President Trump's Tuesday excoriation of China at speech before the United Nations. On the other hand, for those looking to indulge some political whimsy, a case can be made that Trump will find a way to get trade deal with China into place simply to shift the national agenda away from the Democrats' newly announced impeachment effort.
Reemerging trade concerns and fears that Democrats will move forward with impeachment proceedings hampered stocks today.
Oil stood in the way of market upside yesterday and the commodity's Tuesday tumble did not provide much in the way of relief, indicating that many market participants are taking a wait-and-see approach to what comes out of the Federal Reserve meeting Wednesday.
The Dow's two energy names surged Monday, but there was little else to cheer about for stocks as oil prices rallied.
In recent months, I've noted many times in this space the importance of the U.S. consumer and that many of the recession calls were likely premature because the market has not absorbed material deterioration in consumer data to date. I'll stick by that thesis because the preliminary September sentiment reading seems to indicate the August result was a bump in the road, not the start of a negative trend.