The stock market ended the first week of the year in positive territory, boosting optimism. The Dow and S&P 500 each closed the week up 1.5%, while the Nasdaq advanced 1%. The December nonfarm payrolls report showed that the U.S. economy…
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Is This Energy Stock Bucking The Trend?
As traders, we’re obsessed with one thing, price. For our stock that is the center of our trade of the day, its price is forming what many traders consider to be a bearish pattern. In the video, we’ll review what…
“Murphy’s Law” Stock Market in 2023?
Tuesday was the first trading session of the new year. In a funny way I thought it perfectly encapsulated the action of the past year: Big surge higher > Outright collapse > Modest rally to cut losses, but still red…
The 2023 Investing Lesson from the Southwest Airlines Fiasco
I am sure you are aware that last week, Southwest Airlines Co. (LUV) canceled more than two-thirds of its scheduled flights, with the cancellations continuing for days after the winter storm that initially triggered flight delays and cancellations. You might…
3 Homebuilder Stocks to Buy When Inflation Eases
According to Bankrate’s national survey of large lenders, the average rate on 30-year mortgages is 6.59%, up 12 basis points compared to this time last week…
The Only 4 Strategies That Worked in 2022 – and Will Work in 2023
New Year is in just a couple days. We spent Christmas in my house noisily with one of my two granddaughters in attendance, with a prime rib roasting away. As is tradition, my wife had the TV tuned to a…
1 Stock That Stands to Benefit From a Potential Chinese Stimulus
Despite concerns regarding the macroeconomic impact of interest rate hikes by the Federal Reserve and other major central banks, prices of iron ore and other minerals have recovered recently. The key driver behind the recovery is…
Why Investing in 2023 Will Be Completely Different
Howard Marks, the billionaire founder and chairman of Oaktree Capital, sends out his “Memos” several times a year. His December issue, titled Sea Change, offers food for thought about successful investment strategies to use in the new year. Let’s take a…
2023 Housing Market May Be Different Than Expected
On December 20th, the Commerce Department released data showing that housing prices remain high, renter demand is still strong, and the supply and demand imbalance appears to show no relief. These economic data points indicate that…
Life Science Giant Creeps Higher
Illumina, Inc. engages in the development, manufacturing, and marketing of life science tools and integrated systems for large-scale analysis of genetic variation and function. It operates through…
