Avocado toast and that extra side of guacamole are probably going to get more expensive if President Donald Trump‘s newest trade threat becomes a reality. The United States gets the vast majority of its supply of the popular fruit from Mexico. If Trump’s surprise threat of 5% tariffs on imports from the country goes into effect,
Insider buying could be a powerful bullish indicator. When analyzing a company as a potential long-term investment, I always like to know the insiders are doing. It goes without saying that they probably have a much better idea of what is happening in the company than most analysts. They certainly know more about it than
When markets have large selloffs and are making new lows, I always like to check out the list of stocks that are making new highs. I do this to find new investment opportunities because I believe that if these stocks perform well in bad markets, they will probably do even better when the markets eventually
Craig Wright’s copyright registration of the original bitcoin white paper is starting to create ripple effects. On May 28 Scribd, a service for posting downloadable documents on the Internet, notified CoinDesk that it had pulled down our copy of the Satoshi Nakamoto white paper. “This is a notification that Scribd’s BookID copyright protection system has
With the benefit of hindsight, the old adage about selling in May and going away proved to be good advice this year. As has been the case for much of this month, trade wars sank stocks on Friday as the Nasdaq Composite and the S&P 500 slipped by 1.5% and 1.3% while the Dow Jones
Veeva Systems Inc (NYSE:VEEV) just released its Q1 earnings and VEEV stock had its best day in five years. And Wall Street is starting to realize that this stock is the one to beat in this fast-growing niche. Source: Shutterstock Fortunately for my readers, I’ve been bullish on VEEV stock for a while now and
U.S. equities were hit on Friday thanks to a surprise tariff tweet from President Trump toward Mexico. It’s got investors spooked about an escalating trade war. Let’s look at some top stock trades going into next week. Top Stock Trades for Tomorrow #1: Okta Click to Enlarge What a beast. Just like Veeva (NASDAQ:VEEV) —
Startups that conducted initial coin offerings (ICO) years ago may be eligible for relief from potential enforcement actions by the U.S. Securities and Exchange Commission, an agency official said Friday. For the last year and a half, the regulator has been filing cases against projects that raised money by selling tokens without registering them as
Traders work on the floor at the New York Stock Exchange, May 23, 2019. Brendan McDermid | Reuters Expectations for a Fed bailout for markets and the economy rose sharply after President Donald Trump’s surprise threat to put tariffs on all Mexican goods if Mexico doesn’t do more to stop immigrants from entering the U.S.
U.S. equities are falling hard on Friday, continuing a week of losses, as a cavalcade of global macro factors weigh on sentiment. The big news was that President Donald Trump is threatening to enact tariffs against Mexico unless it curbs illegal immigration through the southern U.S. border. This caps long-running hints that Trump could close
It’s something that arguably wouldn’t have been, and couldn’t have been, written about Twitter (NYSE:TWTR) just a few years ago. But Twitter stock could be a good way to avoid the current, overwhelming problem of market volatility. Source: Shutterstock That’s a tough pill for some investors to digest. Against a backdrop of a brutal trade
Fortinet Inc (NASDAQ:FTNT) is a cybersecurity firm that’s been around for nearly 20 years. The company went public about a decade ago, in the teeth of the financial crisis, and has a checkered history in the markets. Source: Shutterstock Considering the sector Fortinet stock is in, that was certainly a better time to launch a
Volatility is back, and stocks are dropping. Whenever this happens, there are two really smart things investors should do. First, buy defensive names, because these stocks are inherently less subject to market volatility. Second, buy secular growth names, because these stocks will be able to keep growing even if economic and financial market volatility persists.
The continuing weakness in the stock market is starting to cause concern. Technical analysts, in particular, are suggesting that if the S&P 500 ETF (NYSEARCA:SPY) falls any farther, it will trigger a steep correction. Other indexes are looking shaky too. The small-caps, represented by the iShares Russell 2000 ETF (NYSEARCA:IWM), are down nearly 9% from their
U.S. stock futures are plunging this morning on the heels of another Trump tweet. This time the U.S. President aimed at Mexico, threatening a 5% tariff on all imports from the country starting on June 10. Heading into the open, futures on the Dow Jones Industrial Average are down 1.02%, and S&P 500 futures are
Stocks mustered a gain yesterday, but not the convincing one most investors were hoping for. The S&P 500 ended the day up 0.21%, willing to hold just above its 200-day moving average line, but not willing to push up and off of it. The volume behind the gain was also alarmingly thin. Had it not
A docker works in front of a container ship at Qingdao Port in Qingdao, Shandong Province of China. ChinaFotoPress | Getty Images Just five components of the Dow Jones Industrial Average are on track for May gains, yet another reflection of the effect the U.S.-China trade war is having on Wall Street. UnitedHealth, Pfizer, Travelers
One of the cryptocurrency industry’s most popular wallet providers, Blockchain, is adding support for the dollar-pegged stablecoin PAX to its mobile wallets this week as part of a broader strategy to grow usage. The head of Blockchain’s wallet department and strategy, Xen Baynham-Herd, told CoinDesk the company eventually plans to enable fiat redemptions as well,
Shares of Ford (NYSE:F) have been doing surprisingly well so far this year. While the shares are is still down 15% over the past 12 months, F stock has roared higher by more than 26% so far in 2019. Source: Shutterstock While the stock — like most — was oversold in late December and enjoyed
Uber CEO Dara Khosrowshahi (center) joins other employees in ringing the Opening Bell at the New York Stock Exchange (NYSE) as the ride-hailing company Uber makes its highly anticipated initial public offering (IPO) on May 10, 2019 in New York City. Spencer Platt | Getty Images News | Getty Images Check out the companies making
Throughout many life circumstances, you’ll often hear the phrase “there are two sides to every story.” Usually, this is such an annoyingly accurate statement that you don’t need to repeat it. But in some situations, only one narrative is valid. I believe that’s the case for Bank of America (NYSE:BAC), particularly BAC stock. Source: Shutterstock
From Myra P. Saefong: U.S. oil futures dropped Thursday to finish at their lowest in more than two months after U.S. government data showed a modest weekly decline in domestic crude stockpiles, along with an increase in crude production to a record. Still, “concerns about the global economy and trade war angst are the two biggest influences
Miners are seen at the Bayan Obo mine containing rare earth minerals, in Inner Mongolia, China July 16, 2011. Stringer | Reuters China’s threat to curb exports of rare earth minerals to the United States could move the needle in an escalating trade war as the world’s two largest economies continue to jockey for leverage.
U.S. insurance giants State Farm and USAA have entered advanced testing of a blockchain to automate the time-consuming and paper-heavy processing of automobile claims. Announced Thursday, the companies developed this system using Quorum, the private enterprise version of ethereum created by JPMorgan Chase. State Farm and USAA began working on the joint platform (which is