NEW YORK, NY – JUNE 12: Anthony Field, Emma Watkins, Lechlan Gillespie, Simon Price and a guitar player of ‘The Wiggles’ perform at The Empire State Building on June 12, 2018 in New York City. (Photo by John Lamparski/Getty Images) What to make of markets that appear to be going nowhere If you were a
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Shutterstock Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the Industrial Select Sector SPDR Fund ETF, we
A secure retirement plan needs secure income sources. But figuring out how to sustain an income stream throughout retirement relies on an important component: having adequate savings to begin with. For more and more Americans, annuities are part of the solution for growth and income. Certain annuities, like fixed annuities, can be used to replace
Consumers can use credit cards to pay for nearly everything, everywhere these days. But just because you can doesn’t mean you necessarily should, says credit reporting agency Experian. Outstanding credit card debt recently hit its highest point ever, surpassing $1 trillion in 2017, according to the Federal Reserve. And 86 percent of Americans who have
Foreign governments pulled back their purchases of longer-term U.S. debt as trade tensions escalated around the world. The declines are relatively small so far for notes and bonds — just shy of $5 billion each for March and April, the most recent months for which Treasury data are available — but it signals a potentially
Intel’s sales growth in the data center market will slow later this year, according to a small Wall Street firm. Northland Capital Markets lowered its rating to underperform from market perform for Intel shares, citing rising competition from AMD and Nvidia. “Workloads in Data Centers are shifting to AI. This we believe is increasing the
Shares of Rent-A-Center soared more than 20 percent on Monday after the rent-to-own retailer announced it is being acquired by Vintage Capital Management. Vintage Capital will pay $15 per share in cash for the company, which went public in 1995. Including debt, the deal is valued at around $1.37 billion. The acquisition is expected to
Shutterstock Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the Health Care Select Sector SPDR Fund ETF,
A strong dollar is never good for emerging markets. But BNP Paribas doubts it will be strong for long or that its strength will deter investors from reteurning. (Shutterstock) The worst is over. It hasn’t exactly been a bloodbath now, has it? Despite the hemming and hawing over a strong dollar being bad for non-U.S.
J.P. Morgan believes Micron shares can go higher even after its stunning rally. The firm reiterated its overweight rating for the chipmaker’s shares, citing strong demand for memory chips in the cloud computing market. “Stay long Micron heading into earnings. We see further upside in Micron shares as the team is executing well in an
The Federal Reserve’s decision to hike short-term interest rates is big news for investors. The Fed raised the federal funds rate a quarter percentage point — to 2 percent, from 1.75 percent — last week and signaled that it plans another two hikes this year. The change brings the rate — which sets the terms
BJ’s Wholesale Club expects its initial public offering to be priced between $15 and $17 per share, giving the warehouse club operator a market capitalization of up to $2.15 billion. At the top end of that range, the offering of 37.5 million shares would raise $637.5 million. The company, which was taken private in 2011
High-flyer Boeing just hit an air pocket, closing out last week with its worst weekly losses since March, on worries over an escalating trade war with China. Newton Advisors technical analyst Mark Newton is urging caution on the Dow leader. “Boeing is unattractive in the short run,” Newton said Friday on CNBC’s “Trading Nation.” “It
Properly investing requires taking the time to create an investment strategy so that you have a plan that allows you to stick with it when things get tough. Investing without an established plan increases your risk. Following an investment strategy is something that everyone should be doing to ensure that they are getting the most
Check out the companies making headlines before the bell: Chevron – The energy producer was upgraded to “outperform” from “market perform” at Raymond James, saying Chevron is positioned better than peers to benefit from higher oil prices. Apple – Apple hired Waymo senior self-driving car engineer Jaime Waydo away from the Alphabet unit, in what’s
Gold prices took a hit at the end of last week, and it has some observers concerned. But the truth is it shouldn’t be worrying. Here’s what you need to know: Gold bars manufactured in Kasimov. Photo by Alexander RyuminTASS via Getty Images The price of bullion fell more than $20 a troy ounce between
Bitcoin (BTC) is once more facing a drop to (or below) $6,000, with both short- and long-duration charts being aligned in favor of the bears. The cryptocurrency found acceptance above the key resistance of $6,425 (April 1 low) in the second half of last week, raising the prospects of a corrective rally towards the $7,000
Ethereum (ETH) – The developer of Ethereum’s EIP-1011, Danny Ryan, just announced some updates to Ethereum’s scaling solution. Casper and sharding are coming together ❤️ https://t.co/LMrd7qOIqR — dannyryan (@dannyryan) June 15, 2018 According to Ryan, the recent research has confirmed that the long-awaited Casper upgrade can be activated in one of the shards. Originally, it was
Welcome to Day 4 of the Crypto World Cup! Cameron Winklevoss faced off against David Schwartz in today’s collection of matches! Other players include: Dan Larimer (Costa Rica) vs. Jamie Dimon (Serbia) Roger Ver (Germany) vs. David Armstrong (Mexico) Here are some of the highlights from today’s games! If you haven’t, don’t forget to meet
Towards the end of 2017 and for much of first quarter of this year, both oil futures benchmarks – i.e. Brent, the global proxy gauge, and WTI, the US benchmark – oscillated in very predictable ranges marking a gradual uptick to sub-$70 per barrel for the former, and sub-$65 for the latter. India’s rising demand
Ford Motor plans to release details of its planned conversion of the long-vacant Michigan Central train station just west of downtown Detroit. The Dearborn-based automaker recently bought the 105-year-old building and is expected to redevelop the 500,000-square-foot (46,000-square-meter) structure as part of its plans for a campus focusing on autonomous vehicles. The station, which looms
After two days of action-packed drama, the Crypto 2018 World Cup has officially concluded day 3. Lots went on today, but everyone seems to be talking about Vitalik Buterin (Argentina) and Iceland (Nick Szabo.) If you missed it, don’t forget to meet the players for all the upcoming matches for the Crypto World Cup! Crypto
The stock market had a mixed close last week, as despite the apparent reduction of global tensions, the new $50 billion in tariffs was not reassuring to many investors. However, despite it all, bullish sentiment remains on the rise. According to the latest survey from the American Association of Individual Investors (AAI)) the bullish %
Saudi Arabia may have gotten blown out by Russia during its first match at the World Cup, but there seems to be no hard feelings between Crown Prince Mohammed bin Salman and Vladimir Putin. The two leaders met this past week as the Russian national soccer team clobbered Saudi Arabia 5-0 in Moscow. It appears
Benefits for Blockchain and Technology Specialists when relocating to Malta Malta is positioning itself as a Blockchain hub and is attracting Blockchain and Technology specialists. Binance (an international multi-language cryptocurrency exchange company) has announced its move to Malta permanently placing the country on the Blockchain map for already existing companies as well as newly emerging
Top Crypto News – The second full week of June is now over, and a lot of stuff went down. To say that the week started off poorly would be a bit of an understatement, too. However, things picked up towards the end of the week. In this article, we will be covering both the
Benefits for Blockchain and Technology Specialists when relocating to Malta Malta is positioning itself as a Blockchain hub and is attracting Blockchain and Technology specialists. Binance (an international multi-language cryptocurrency exchange company) has announced its move to Malta permanently placing the country on the Blockchain map for already existing companies as well as newly emerging
Credit: Roofstock. Single-family rental homes have long been preferred by mom-and-pop investors looking to diversify into income-producing assets that don’t move in tandem with the stock market. Over the last decade, institutional funds have also plowed capital into single-family rentals (SFRs). Now even renters are frequent buyers of the properties, according to Rich Ford, chief
Day 1 of the Crypto World cup has concluded, and Day 2 is officially underway! Day 2 of the Crypto World Cup has three matches and the competition is fierce. If you’ve missed it, don’t forget to meet the players for all of our upcoming matches. Today’s matches include: Match 1: Brad Garlinghouse: Uruguay vs. Eric
Photo by Chris McGrath/Getty Images Singapore pulled off a brilliant Trump-Kim summit in all respects, including the bottom line. Indeed, the government of Singapore spent $15 (USD) million, and according to estimates by Meltwater, that expenditure generated $568 (USD) million for the city-state. Not a bad return for a few days’ work. But, it’s not