Stock Market Update Wednesday, December 26th, 2018

Trading was pretty ugly on Monday. Although markets were open for a short trading session, stocks had their worst day before Christmas on record. But today, stocks bounced back with their best day since March of 2009! Trading was cautious at the open. After a higher open, stocks rallied for 10 minutes then retreated. The DOW and S&P pushed into … Read more

Stocks set to open higher as Wall Street tries to bounce back from Monday’s steep sell-off

U.S. stock futures rose in volatile trading on Wednesday, in the wake of the Dow’s plunge on Christmas Eve. As of 8:36 a.m. ET, Dow Jones Industrial Average futures pointed to a gain of 24.80 points at the open. S&P 500 and Nasdaq futures also pointed to positive moves. Futures have been had been reasonably … Read more

Turning A Small Account Into A Big One – Watch Melissa break down these traders

Presenter Melissa Smith really gets these guys to open up about how they became millionaires. I myself was shocked at what they had to say and it’ll forever change how I teach trading. Whether you’re a Millionaire Roadmap client or not, I want everyone to watch this video. CLICK HERE TO WATCH THE VIDEO NOW Grab a coffee … Read more

Nothing worked for investors this year with nearly every major asset class in the red

Even in the worst of times for financial markets, there’s usually a few ways to profit. Well, not this year. In fact, in 2018, just about every single asset class one can invest in, from stocks around the globe to government debt to corporate bonds to commodities have posted negative returns or unchanged performance year … Read more

David Tepper: Fed is done supporting stock prices, so cash is ‘not so bad’ as an investment now

Hedge fund titan David Tepper said Thursday the Federal Reserve is sending the market a message, and it’s not a good one. Cameron Costa | CNBC David Tepper, founder and president of Appaloosa Management. A day after the Fed raised interest rates for the fourth time this year, the influential investor made the following points … Read more

Stocks making the biggest moves premarket: WBA, BB, MO, ACN & more

Check out the companies making headlines before the bell: Walgreens Boots Alliance– Walgreens earned an adjusted $1.46 per share for its latest quarter, 3 cents a share above estimates. Revenue also came in above analysts’ forecasts and the company announced plans to cut $1 billion in costs. Separately, Walgreens announced a strategic partnership with Alphabet’s … Read more

Dow falls more than 100 points, heads for new closing low for 2018 after Fed hikes rates

U.S. stocks fell Wednesday after the Federal Reserve raised its benchmark overnight lending rate for the fourth time in 2018 and said that it would continue to reduce the size of its balance sheet at the current pace. The central bank also trimmed its outlook for rate hikes in 2019, though not by as much … Read more

Fed hikes rate, lowers 2019 projection to 2 increases

The Federal Reserve on Wednesday raised its benchmark interest rate a quarter-point but lowered its projections for future hikes. As markets had expected, the central bank took the target range for its benchmark funds rate to 2.25 percent to 2.5 percent. The move marked the fourth increase this year and the ninth since it began … Read more