Stocks

Markets Expect Fed to be Patient with Economy

Federal Reserve

With the next Federal Reserve Open Market Committee meeting set to begin on Tuesday, investors anxiously wait, not for a hike or not, but for more information. Few people expect that the Fed will raise interest rates during the upcoming two-day Open Market Committee meeting scheduled to begin this Tuesday, but this one isn’t really […]

U.S. Government Shutdown Gets Temporary Reprieve

Trump

The longest U.S. government shutdown in history is finally over, for now anyway. Stock markets weren’t particularly bothered by this either way though as it turned out. Donald Trump no doubt has distinguished himself among U.S. presidents for several things, but the one thing that really stands out is his resolve, or as some people […]

Earnings Results from Chip Manufacturers Spring Hope

Chip

Shares of semiconductor companies have been struggling lately amidst concerns of declining demand. Three of them reported positive quarterly results today though. Three major chip manufacturers released their quarterly earnings Wednesday, with all providing encouraging results. Texas Instruments, Lam Research, and Xilinx saw their earnings announcements beat expectations, and with a sector that is seen […]

IBM Stock Surges Ahead by Exceeding Expectations

IBM

While IBM reported a second consecutive quarter with drops in revenue, it’s really all about beating expectations, and IBM clearly did that, pushing its stock further up. IBM released its 2018 Q4 numbers after the market closed on Tuesday, and while revenue decreased by 3.5% during the quarter, the overall message was a better one […]

Decline of In-App Revenue Not a Concern for Apple

Apple

Apple’s stock has taken quite a beating lately, still down 30% from where it was in October. Revenues may be a concern, but not so much in-app revenue. Apple is both one of the world’s largest companies and a real market darling historically, and many investors have profited greatly over the years from holding it. […]

Promising News on Trade Front Spurs Stock Markets

Steve Mnuchen

Encouraging news emerges on both sides of the trade battle between the U.S. and China. China appears ready to talk, while the U.S. may be relenting a little on tariffs. Many believe that the impasse in trade discussions between the United States and China is weighing down attempts for markets to further recover from losses […]

U.S. Stock Indexes Advance for Second Straight Day

Bank of America

Positive news from two large U.S. financial institutions served to offset some concerns in the sector from yesterday and further suggests we are in recovery mode. Only a day after financials Wells Fargo and JPMorgan Chase announced disappointing earnings, which were felt to be a weight upon an otherwise strong market day yesterday, Goldman Sachs […]

Brexit, China, and Netflix Weigh in on Wall St.

Wall Street

While some may have thought that the Brexit vote had real potential to move markets, it is the currency market and not the stock market that gets moved by these things. The much-anticipated Brexit vote in the U.K. House of Commons is now history, although this story is far from concluded as the U.K. parliament […]