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Wall Street turned around on Nov 16, recovering from its recent weakness. Passage of a tax bill by the House and earnings-induced gains in Wal-Mart (NYSE:WMT) and Cisco (NASDAQ:CSCO) are deemed to...
The big development that fueled the Wall Street rally was the passing of House Republicans’ tax plan in a 227-205 vote. This will cut the corporate tax rate, reduce burden for most individuals...
As of Nov 8, around 77.4% of the tech sector companies on the S&P 500 index reported their Q3 earnings results. Total earnings for these are up 23.2% from the same period last year on 10.9% higher...
Finsbury Growth & Income Trust (LON:FGT) aims to generate long-term capital and income growth from a concentrated portfolio of primarily UK equities. Manager Nick Train has recently initiated a...
The S&P 500’s whipsaw continues as Wednesday’s crash turned into Thursday’s rip. Even though prices rebounded decisively, volume was conspicuously absent and Thursday’s...
As this rally has often done, just as you expect a reversal to start, bulls come in (hard) to bid up the market. The S&P had the clearest switch as it moved from a 'bull trap' to a 'bear trap'. If...
Well, once again…………The market had been breaking down nicely, but China threw billions upon billions of yuan at the slight weakness in their market and made everything all...
Shares of Bed Bath & Beyond Inc. (NASDAQ:BBBY) just broke out above the daily 20 moving average, after consolidating in a bull flag pattern. This coming on the same day as Wal-Mart (NYSE:WMT)...
Housing Starts and Permits data has come out this morning, posting better-than-expected results and upward revisions for the previous month. October starts rose 13.7% to 1.29 million seasonally...
Ballard Power Systems, Inc. (NASDAQ:BLDP) announced that it has signed a Development Agreement worth $9 million with Siemens AG (DE:SIEGn) for developing a zero-emission fuel cell engine. Per the...
U.S. mutual funds have witnessed steady growth in assets under management during President Donald Trump’s first year in office. Despite persistent doubts over the President’s ability to...
Anadarko Petroleum Corporation (NYSE:APC) recently announced 2018 capital expectations and sales volume guidance.Notably, the company expects to spend approximately $4.2-$4.6 billion in the form of...
Abercrombie & Fitch Co. (NYSE:ANF) reported robust third-quarter fiscal 2017, wherein both its earnings and sales beat the Zacks Consensus Estimate and improved year over year. Notably, this was...
Shares of Williams-Sonoma Inc. (NYSE:WSM) were down 8.5% in after-hours trading on Nov 16, after the company reported in-line results for the third quarter of fiscal 2017.Adjusted earnings of 84...
Facebook Inc (NASDAQ:FB) is keen on ramping up video content on its platform.The company in a blog post announced that it has launched an app for creators to “manage their presence”...