Investing

A pullback in the market appears likely, but it would represent a buying opportunity before stocks produce more gains, the chief technical strategist at BTIG said Thursday. On CNBC’s “Squawk Box,” Katie Stockton, whose calls on the market have been very right lately, said internal measures have reached worrying levels that warrant attention. “Just in
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Billionaire investor Warren Buffet says cryptocurrencies are headed for trouble. “We’ll never have a position in them,” Buffett, chairman and CEO of Berkshire Hathaway, told CNBC’s “Squawk Box” Wednesday morning. “I can say with almost certainty that they will come to a bad ending.” If those ominous words aren’t enough to stress investors out, earlier
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The Children’s Place has undergone transformations in various key areas including inventory, distribution and digital channels under President and CEO Jane Elfers. As she steers the company towards international success, Elfers told CNBC on Tuesday that the company’s digital efforts are being driven by a crucial customer demographic: millennials. “We have the dream customer. We
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Some might scoff, but even Cramer couldn’t deny that President Donald Trump’s policies have benefited business. While Trump can’t take credit for the broader global economic expansion or the fact that the economy was already improving when he took office, his deregulation efforts have moved the needle, Cramer said. “Corporations don’t fear expanding as much
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As the stock market resumed its march higher on Monday, CNBC’s Jim Cramer pinpointed the main drivers fueling the monstrous rally. “First, let’s understand: this market is largely driven not by stock-pickers, but by index funds,” the “Mad Money” host said. “That index fund money comes in automatically, every day, over the transom. Billions of
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It used to be common sense that investors couldn’t simply realize that it’s cold outside, buy shares in a “cold weather play” like Canada Goose and make money, CNBC’s Jim Cramer said on Friday. But in this market, Cramer has watched common-sense investing come back into the fold as a winning strategy. “Now, I’m not
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CES: Formerly known as the Consumer Electronics Show, CES 2018 will dominate Monday’s headlines. The stock-moving technology event will feature high-profile speakers like Nvidia CEO Jensen Huang, who will address the conference on Sunday night. “If you only read one thing about tech this year, you need to get a transcript of this speech,” Cramer
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However, in the meantime, regulators will likely try to limit speculation in cryptocurrencies. In the last several months, the SEC has become increasingly vocal in warning investors about the risks of cryptocurrencies. The commission also has suspended trading in some companies due to concerns about their claims regarding their token-related announcements. “One of the things
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The disappointing retail number in the Labor Department’s monthly nonfarm payrolls report shows Amazon‘s grip on the sector is “accelerating,” CNBC’s Jim Cramer said Friday. The Labor Department reported an unexpected loss of 20,000 retail positions during the holiday shopping season, bringing the number of jobs shed in the sector last year to nearly 70,000.
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Ampe Rogerio | AFP | Getty Images Residents line up at a gas station on December 21, 2017 in Luanda, Angola. Angola has suffered a week of fuel shortages, a bitter irony for one of Africa’s leading oil producers. Angola, OPEC producer and one of sub-Saharan Africa’s largest economies, unveiled two economic overhauls this week.
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Check out which companies are making headlines before the bell: Sears Holdings — The company announced Thursday it is closing 64 Kmart stores and 39 Sears establishments. Sears said the shutdowns are expected to start between early March and April. Constellation Brands — The beer maker reported better-than-expected quarterly earnings. The company also raised its
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Investors and entertainment stars alike are taking notice. Most recently, American rapper Kanye West bought his wife, reality TV star and entrepreneur Kim Kardashian, stocks in major companies such as Netflix, Amazon, Apple and Adidas. The bundle included 920 shares of Disney, worth about $100,000, according to Kardashian’s Instagram. If you’re looking to invest in
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The bond market’s entering a whole new cycle that would mark the end its decadeslong bull market. That’s according to veteran technician Louise Yamada, whose chart work suggests that a bond breakdown could be in the near future. First, Yamada, managing director of Louise Yamada Technical Research Advisors, pointed to a more-than-200-year chart of U.S.
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