Despite ongoing trade war fears, the U.S. economy is growing at a healthy rate. Over the last few weeks, U.S. GDP increased at a 3.5% annualized rate, according to the U.S. Commerce Department in its second estimate of third quarter GDP growth. Then, even though job growth fell short of expectations for 198,000 jobs in…
DetailsWe predict that 2018 will go down in history as one of the most volatile on record. In late November 2018, the Dow Jones skyrocketed 617 points in a day. The NASDAQ gained 204. The S&P 500 was up 61 points. All thanks to easing trade war concerns and bullish commentary from the Federal Reserve.…
DetailsThe temporary trade war ceasefire between the U.S. and China set off quite a rally. On Monday, the Dow Jones rocketed 330 points. The NASDAQ gained 117. The S&P 500 was up as much as 33. And the small-cap Russell 2000 picked up another 10 points on the day. Even major exchanges in Hong Kong…
DetailsLike most investors, one of your top goals has been to enjoy financial freedom at whatever age you choose. So, it stands to reason that your money should ideally generate above-market returns with below market risk. But to do so, you need to have a game plan as you search for opportunity. Tip No. 1…
DetailsAfter wiping out most of the year’s gains over the past few weeks, indexes rocketed higher on Wednesday. The Dow Jones exploded 617 points. The NASDAQ was up 204. The S&P 500 soared 61. And it was all thanks to comments from Federal Reserve Chairman, Jerome Powell. He noted that the outlook for the U.S.…
DetailsThe U.S. economy is one of the best on record. U.S. GDP came in at a better-than-expected rate of 3.5% for the third quarter. The Bureau of Labor Statistics reported another 250,000 jobs in October 2018, which was way above forecasts for 190,000. In addition, the number of employed Americans has never been higher at…
DetailsOne of the key ingredients of a well-diversified portfolio are small-cap stocks. Or, stocks that carry a market cap of between $300 million and $2 billion. That’s because they offer diversification, the potential for higher returns, and long-term performance. Reason No. 1 – Diversification Small caps allow you to diversify your portfolio and lower your overall…
DetailsMarkets have been exceptionally volatile over the last few weeks, and recently that volatility has trended downward. Since October 2018, the Dow Jones slipped from nearly 27,000 to 24,446. The S&P 500 fell from 2,925 to 2,649. The NASDAQ plummeted from 8,100 to 6,972. Even the Russell 2000 tumbled from 1740 to 1,469. Whatever the…
DetailsBiotech and pharmaceutical stocks have been some of our biggest winners. There are several reasons why this sector has done so well. Every week, we read about new, innovative treatments for a myriad of health issues. A major catalyst is the millions of retiring baby boomers that are not only exploring new ways to stave…
DetailsOur economy has been growing at a blistering pace this year. U.S. GDP came in at a better-than-expected rate of 3.5% for the third quarter. The Bureau of Labor Statistics reported another 250,000 jobs in October 2018, which was way above forecasts for 190,000. In addition, the number of employed Americans has never been higher…
DetailsSince early October 2018, the markets have been clobbered. The Dow Jones Industrial Average plummeted from nearly 27,000 to less than 24,500. The tech-heavy NASDAQ slipped from 8,000 to less than 7,000. The S&P 500 tumbled from 2,900 to 2,600. Even oil prices are in a deep slump, as crude oil fell from $76.90 to…
DetailsGeneral Electric (GE) now trades at a low we haven’t seen since 2009. In fact, the last time GE was this cheap, we were beginning to recover from the 2008 financial meltdown. A year after trading at $30, the stock just hit an historic low of $7.72. GE Dividend Cut to a Penny The price…
Details