Investing

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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Ethan Miller | Getty Images IBM Chairman, President and CEO Ginni Rometty delivers a keynote address at CES 2016 at The Venetian Las Vegas on January 6, 2016 in Las Vegas, Nevada. The difficult times for IBM shareholders are over, according to one Wall Street firm. RBC Capital Markets raised its rating for the technology
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Stocks could pop nearly 20 percent in 2018 according to a contrarian indicator from Bank of America Merrill Lynch which predicted last year’s surprising surge. The investment bank’s so-called Sell Side Indicator measures the average equity allocation recommended by its fellow Wall Street bank peers. The indicator shows Wall Street is still not very bullish
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The U.S. dollar saw a stunning spiral downward this year, now tracking for its worst since 2003. One strategist closely looking at the dollar’s technical setup says the greenback’s current levels are at a key juncture. Matt Maley, equity strategist with Miller Tabak, breaks down possible scenarios for the dollar as it trades near these
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Difficult times for Chipotle shareholders will not turn around anytime soon, according to one Wall Street firm. Cowen reiterated its underperform rating on Chipotle shares, predicting the company’s fourth-quarter sales will come in below expectations. “If Facebook check-in’s are indicative of traffic, data suggests the most recent weekly trend weakened to the softest levels of
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