Whitney Tilson: “I have found what I believe will be the next big tech trend that will make investors rich.” Click Here To Learn More By Whitney Tilson, founder, Empire Financial Research The common cliché on Wall Street is that the four most dangerous words in investing are, “This time is different.” But I’ve found … Read more
Stocks finished the day slightly lower with traders focused on bank earnings. After a slightly higher start, the major indices dropped in the morning. At one point the S&P was trading lower by as much as 0.4% before finding support around the 2,900 level. In the afternoon, a small rally helped erase most of the … Read more
Goldman Sachs posted first quarter profit that exceeded analysts’ expectations, while company-wide revenue missed on tougher market conditions for two of the firm’s main divisions. The bank generated $2.25 billion of profit in the period, or $5.71 a share, compared with the $4.89 estimate. Meanwhile, revenue dropped 13% to $8.81 billion on lower results in the … Read more
U.S. stock index futures were slightly higher Monday morning, as market participants awaited further earnings reports. At around 5:40 a.m. ET, Dow futures indicated a positive open of more than 30 points. Futures for the S&P and Nasdaq were mixed. Corporate earnings will be the biggest focus Monday, with two of the biggest Wall Street … Read more
Stocks closed the week mildly higher, as we now enter earnings season. We’re right near all-time highs, having virtually erased all of November and December’s losses in the market. The VIX (the market’s fear index) is trading near its yearly lows, at around 12. Over the last 52-weeks the VIX has traded in a range … Read more
Whitney Tilson: “I have found what I believe will be the next big tech trend that will make investors rich.” Click Here To Learn More By Whitney Tilson, founder, Empire Financial Research Over the past decade, you could have done pretty well just by throwing a dart at a list of stocks… The S&P 500 … Read more
FREE DOWNLOAD – The Rebel’s Guide to Trading Options – How to Protect & Profit in any Market Free TheoVideo Report – Weekend Edition for Friday, April 12, 2019 by Don Kaufman After a docile week in the markets find out what to expect next week. Lots of opportunity as earnings season has just started. … Read more
J.P. Morgan Chase reported record first-quarter profit and revenue that exceeded analysts’ expectations as the bank benefited from higher interest rates. The company said profit rose 5 percent to $9.18 billion, or $2.65 a share, compared with analysts’ average estimate of $2.35 a share. Revenue also rose 5 percent to $29.9 billion, exceeding estimates by about … Read more
U.S. stock index futures were slightly higher Friday morning, as market participants awaited the start of earnings season. At around 04:15 a.m. ET, Dow futures rose 78 points, indicating a positive open of more than 70 points. Futures on the S&P and Nasdaq were both seen slightly higher. Market focus is largely attuned to corporate … Read more
Disney said Thursday it will roll out its much anticipated Disney+ video streaming service on November 12, drawing on its deep catalog of content and offering up new shows featuring favorite characters from “Monsters Inc.” to Marvel to “Star Wars.” The service will cost subscribers $6.99 per month, or $69.99 per year, which is at … Read more