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Stock Market Update Monday, November 12th, 2018

Well that was quick. After being up nicely in November, stocks have erased most of the month’s gains following back-to-back-to-back losses. Things were rocky from the start today. After a lower open, stocks continued to slide all morning long. There was … Continue reading

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Here’s what to expect this week…

Stocks had a nice week in spite of a pullback on Thursday and Friday. On Monday, stocks kicked off the week with a win. Tuesday was a winning day for stocks as well, with traders focused on the midterm elections. … Continue reading

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Fed leaves rates unchanged | Stock Market Update Thursday, November 8th, 2018

With the mid-term elections behind us and the major indices trading at November highs, stocks were bound to take a bit of a breather. And today was the day. After a slightly lower open, stocks traded sideways for most of the … Continue reading

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Stock Market Update Wednesday, November 7th, 2018

The midterm elections are behind us. And with Democrats controlling the House, we have a split Congress (which was expected). But traders don’t seem to care. Stocks rallied all day long, closing at session highs. — RECOMMENDED — Learn How … Continue reading

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Here are two big tax breaks you shouldn’t overlook

The IRS allows up to $500,000 of the gain from the sale or exchange of property owned and used as a principal residence for at least two of the five years before the sale. There are many ways to reduce … Continue reading

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Apple shares have gotten slammed, but one technician calls this a ‘terrific opportunity’ to buy

Apple has long been a market darling, but it’s gotten sliced and diced recently. Shares of Apple were trading higher on Tuesday, but the stock has sunk 13 percent from its all-time high hit last month, shedding $145 billion in … Continue reading

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Dow rises 100 points as energy and financials jump

Stocks were mostly higher on Monday, led by sharp gains in energy and financials. However, investors were also bracing for the upcoming U.S. midterm elections. The Dow Jones Industrial Average gained more than 100 points as Chevron shares jumped 2.5 … Continue reading

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This analyst sees GE shares trading as low as $5

General Electric shares are hitting lows not seen since the financial crisis, and one analyst on Monday estimated the embattled conglomerate’s stock could sink as low as $5. “The number one question we are receiving from investors is ‘what could … Continue reading

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Ranks of 401(k), IRA millionaires swell as average retirement account balances hit new high

Do you want the good news first about the state of your retirement savings? Or the bad news? The good news, according to a Fidelity Investments analysis of the third quarter of 2018, is that average retirement account balances have … Continue reading

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