Avocado toast and that extra side of guacamole are probably going to get more expensive if President Donald Trump‘s newest trade threat becomes a reality. The United States gets the vast majority of its supply of the popular fruit from Mexico. If Trump’s surprise threat of 5% tariffs on imports from the country goes into effect,
Federal Reserve Chairman Jerome Powell holds a news conference following the two-day Federal Open Market Committee (FOMC) policy meeting in Washington, U.S., March 20, 2019. Jonathan Ernst | Reuters Federal Reserve officials speaking at a policy conference may get a lot more attention than usual in the week ahead after President Donald Trump’s latest tariff
U.S. equities are falling hard on Friday, continuing a week of losses, as a cavalcade of global macro factors weigh on sentiment. The big news was that President Donald Trump is threatening to enact tariffs against Mexico unless it curbs illegal immigration through the southern U.S. border. This caps long-running hints that Trump could close
Insider buying could be a powerful bullish indicator. When analyzing a company as a potential long-term investment, I always like to know the insiders are doing. It goes without saying that they probably have a much better idea of what is happening in the company than most analysts. They certainly know more about it than
When markets have large selloffs and are making new lows, I always like to check out the list of stocks that are making new highs. I do this to find new investment opportunities because I believe that if these stocks perform well in bad markets, they will probably do even better when the markets eventually
With the benefit of hindsight, the old adage about selling in May and going away proved to be good advice this year. As has been the case for much of this month, trade wars sank stocks on Friday as the Nasdaq Composite and the S&P 500 slipped by 1.5% and 1.3% while the Dow Jones
Veeva Systems Inc (NYSE:VEEV) just released its Q1 earnings and VEEV stock had its best day in five years. And Wall Street is starting to realize that this stock is the one to beat in this fast-growing niche. Source: Shutterstock Fortunately for my readers, I’ve been bullish on VEEV stock for a while now and
U.S. equities were hit on Friday thanks to a surprise tariff tweet from President Trump toward Mexico. It’s got investors spooked about an escalating trade war. Let’s look at some top stock trades going into next week. Top Stock Trades for Tomorrow #1: Okta Click to Enlarge What a beast. Just like Veeva (NASDAQ:VEEV) —
It’s something that arguably wouldn’t have been, and couldn’t have been, written about Twitter (NYSE:TWTR) just a few years ago. But Twitter stock could be a good way to avoid the current, overwhelming problem of market volatility. Source: Shutterstock That’s a tough pill for some investors to digest. Against a backdrop of a brutal trade
Union Pacific cargo train with multiple box cars approaching the camera as it prepares to cross a level railroad crossing near Jamestown, California, December 17, 2017. Smith Collection/Gado | Archive Photos | Getty Images A number of American companies could see their sales decline if trade relations between the United States and Mexico deteriorate as a
Traders work on the floor at the New York Stock Exchange, May 23, 2019. Brendan McDermid | Reuters Expectations for a Fed bailout for markets and the economy rose sharply after President Donald Trump’s surprise threat to put tariffs on all Mexican goods if Mexico doesn’t do more to stop immigrants from entering the U.S.
Investors shouldn’t take short sellers lightly. Whatever an investor’s opinion of short sales, short sellers usually are taking a contrarian opinion — and doing the work to back that opinion up. It makes sense for investors to pay attention because short sellers may be identifying prime stocks to sell. Short sellers have to do their
Fortinet Inc (NASDAQ:FTNT) is a cybersecurity firm that’s been around for nearly 20 years. The company went public about a decade ago, in the teeth of the financial crisis, and has a checkered history in the markets. Source: Shutterstock Considering the sector Fortinet stock is in, that was certainly a better time to launch a
Volatility is back, and stocks are dropping. Whenever this happens, there are two really smart things investors should do. First, buy defensive names, because these stocks are inherently less subject to market volatility. Second, buy secular growth names, because these stocks will be able to keep growing even if economic and financial market volatility persists.
The owners of Intel Corporation (NASDAQ: INTC) stock cannot be happy. INTC stock benefited from the stock-market rally from January to April, but the climb of Intel stock price ended when the company admitted it faced major challenges ahead. What exactly caused Intel to cut both its second-quarter and full-year guidance? Intel’s Guidance Miss Intel
The continuing weakness in the stock market is starting to cause concern. Technical analysts, in particular, are suggesting that if the S&P 500 ETF (NYSEARCA:SPY) falls any farther, it will trigger a steep correction. Other indexes are looking shaky too. The small-caps, represented by the iShares Russell 2000 ETF (NYSEARCA:IWM), are down nearly 9% from their
Uber Technologies CEO Dara Khosrowshahi and co-founder Garrett Camp take a selfie photograph on the trading floor of the New York Stock Exchange during the company’s IPO in May 10, 2019. Brendan McDermid | Reuters Here are the biggest calls on Wall Street on Friday: Atlantic Equities upgraded Uber to ‘overweight’ from ‘neutral’ Atlantic Equities
Check out the companies making headlines before the bell: Big Lots – The discount retailer reported adjusted quarterly earnings of 92 cents per share, compared to a consensus estimate of 70 cents a share. Revenue was slightly above forecasts, although comparable-store sales were up a less-than-expected 1.5%. Big Lots also raised its full-year profit forecast.
It’s easy to assume that the problems facing Nvidia (NASDAQ:NVDA) will pass relatively soon. The Nvidia stock price is down about 50% from early October highs, but most chip stocks have struggled. Trade war concerns aren’t helping. The company is lapping quarters boosted by cryptocurrency demand. Source: Shutterstock At some point, a bull could argue,
U.S. stock futures are plunging this morning on the heels of another Trump tweet. This time the U.S. President aimed at Mexico, threatening a 5% tariff on all imports from the country starting on June 10. Heading into the open, futures on the Dow Jones Industrial Average are down 1.02%, and S&P 500 futures are