Forget parallels to Watergate. The economy is in much better shape today.
Call him Ishmael. On New Year’s Eve, 1948, he is born at Mercy Medical Center in Des Moines. Ishmael’s parents scrape together a “pre–nest egg” of $3,000 out of savings and gifts from relatives. They invest the money in a mutual fund called Lexington Corporate Leaders, which has a portfolio assembled to reflect America’s industrial economy. When Ishmael is 12 years old, his parents tell him about the account but make him promise not to touch the proceeds until the last day of 2008, when he’s 60.
As part of our tour of the United States of Stocks, we took at closer look at publicly traded companies based in the southern states. Our list of 17 companies includes multinational blue-chip behemoths (the world’s largest retailer is among them) as well as a number of smaller firms.
(Reuters) – U.S. stocks were slightly up on Monday as gains in technology stocks helped outweigh losses in healthcare.
One of the most popular screeners for stocks to buy is looking at companies trading at 52-week lows. This is a common practice that echoes the well-known phrase of “buy low, sell high”. Ultimately, if investors can time buying stocks at their bottoms, there should be gains to follow. While that is not always the case, many large-cap stocks can be picked up on sale at 52-week lows due to a number of reasons, including weak earnings or guidance, or performance of peers.
Sure, the United States are united, but there are many differences from state to state. Just look at what we call a sweet, fizzy soft drink. On the coasts, it’s soda; in the Midwest, pop. Old school New Englanders call it tonic, and in much of the South, it’s most often just Coke.
As the second-longest bull market in history makes its way into its ninth year, many investors are understandably asking: When will it end? We’d all be rich if there was a foolproof way to figure that out. But we can make some educated guesses.
A handful of stocks is responsible for virtually all the gains in the stock market since 1926. The rest…
The bull-minded optimists that gravitate toward Wall Street are herded and fed by the major investment banks and brokerages, which because of their commission-based business models, try to encourage broad participation in the financial markets. No surprise then that most Wall Street analysts and brokers tend to find the silver lining in everything. Stocks rising? Better buy now before it’s too late. Stocks falling? Great, buy more because shares are on sale.
Hundreds of articles contain false information that is planted, the SEC says.