After wiping a trillion dollars or so off the value of global bonds and sending yields soaring, some market watchers are arguing the rout inspired by Donald Trumps surprise election victory is looking overdone.
Technical analyst Mark Arbeter on Tuesday said he was reversing the bearish call he made on Treasurys in July when yields were trading near the all-time low around 1.3%.
June 5, 2017: The S&P 500 closed slightly lower on the day, at 2,436.18. Separately the DJIA closed down 0.1% at 21,184.45. The Nasdaq also closed down 0.16% at 6,295.68.
Overall Monday was a relatively flat day for the broad markets. Despite crude oil sliding lower on the day, oil & gas stocks were relatively mixed, with the likes of Exxon actually posting a solid gain. Mega-cap....More>>>
Tesla owners love their cars more than Wall Street thinks.
On Monday, the market valued Tesla at $47 billion making it for the first time worth more than Ford ($45 billion). With Ford being so much bigger than Tesla by almost every other metric, Ford sold 6.7 million cars in 2016 compared to Tesla’s 76,000, could the market be wrong? In order for the market to be right, Tesla....More>>>
Rudy Giuliani: Cyberterrorism is ‘a national security menace’ Rudy Giuliani on Thursday gave CNN details about how President-elect Trump wants to create a council of CEOs and cybersecurity executives to regularly brief him about hackers attacking American businesses.
The president traditionally gets intelligence updates from a daily brief written by the Office of the Director....More>>>
The Paradise Papers leak this past Sunday wasn't shocking.
If anything, the varied revelations about what celebrities and corporations use offshore tax shelters only further justify the general public's long-standing suspicion that the rich and powerful cheat on their taxes.<
DIS,NFLX,SNAP,Walt Disney Co (NYSE:DIS) stocksaw an uptick in spite of disappointing Q4 earnings results. Can DIS stock keep rising from here?,
Media and entertainment conglomerate Walt Disney Co (NYSE:DIS) reported its fiscal fourth-quarter earnings on Thursday, after the market close which was disappointing on almost all fronts. The House of Mouse missed both the top and bottom line numbers and had initially slipped in the
Alphabet (GOOGL) doesn't seem like your typical growth stock, considering it opened at $1,030.99 this morning (Oct. 27, 2017). But Wall Street is overlooking the explosive potential our tech guru sees…
Money Morning Director of Technology & Venture Capital Research