U.S. stocks opened slightly higher Wednesday morning as investors awaited the Federal Reserve’s latest monetary policy decision. The Dow Jones Industrial Average opened 50 points higher as gains McDonald’s and Home Depot offset losses in American Express and Johnson & Johnson. The broad S&P 500 index rose 0.2 percent as energy and materials each rose … Read more
The Federal Reserve is expected to raise interest rates by a quarter point Wednesday and signal it will not be pushing rates higher as much as it had previously forecast. Strategists say that may soothe volatile financial markets, but the Fed has a tough task in explaining its actions in a way that will not … Read more
That was fast. The Russell 2000, a stock index consisting of small-cap stocks, went into bear market territory yesterday. Despite the strength we’re seeing this morning in the market, there is no denying that volatility has picked up over the last 2-3 months. And you know what? I love it. You see, when market volatility … Read more
Stocks were slightly higher today. But there wasn’t much to be excited about. The major indices traded higher at the open, then moved sideways throughout the morning. But after an attempt rallied during lunch, stocks dropped, and continued to slide in the afternoon. There was another move higher in the last 30 minutes in the … Read more
FREE DOWNLOAD – The Rebel’s Guide to Trading Options – How to Protect & Profit in any Market “Will they or won’t they raise rates Wednesday?” That’s the main question in tonight’s video with a specific focus on both scenarios and how that will affect both the stock and bond markets. What levels are in … Read more
Some people live and breathe the markets 24/7. For example, Kyle Dennis, spends thousands of dollars a month on services like a Bloomberg Terminal, news services, research, alerts and scanners, and much more. Nonetheless, it’s paid off for him, as he’s been able to take a small five-figure trading account and turn it into more than … Read more
Check out the companies making headlines before the bell: Darden Restaurants – The restaurant chain earned 92 cents per share for its second quarter, a penny a share above estimates. Revenue was very slightly below Street forecasts, and a same-restaurant sales increase of 2.1 percent was above the consensus forecast of a 2 percent rise. … Read more
Oracle shares rose as much as 3.6 percent during after hours trading Monday as the company beat expectations on both earnings and revenue. The computer technology company earned 80 cents per share, while analysts expected 78 cents per share. It also beat revenue expectations of $9.52 billion, reporting $9.57 billion in revenue. Boeing shares rose … Read more
Stocks tanked on Monday, pushing the S&P 500 to a new low for the year amid growing concerns that the Federal Reserve’s plan to raise interest rates could be too much for the economy and stock market to handle. The S&P 500 fell as much as 2.5 percent to 2,530.54, surpassing its February intraday low … Read more
Shares of U.S. small-cap companies officially entered bear market territory Monday. The names are the most sensitive to fluctuations in the economy and market sentiment because of their small size, and could signal larger caps would soon join them. “The sell-off comes from the risk-off sentiment. Small caps are riskier than large caps, and there … Read more